Tetra Images | Tetra images | Getty Images Same-sex married couples may get a tax break from Democrats’ $1.75 trillion social and climate spending plan. The latest iteration of the Build Back Better Act would let taxpayers who were legally married under state law before 2010 claim federal tax benefits that are unavailable under current
Finance
Famed economist Mohamed El-Erian says he bought some bitcoin a few years ago — but misjudged when to sell due to “behavioral mistakes.” The Allianz chief economic advisor revealed he purchased an unspecified amount of bitcoin in the “crypto winter” of 2018, when the world’s largest digital coin plunged close to $3,000 after a monster
U.S. stock index futures were unchanged in overnight trading Monday, after the major averages started the week with muted moves as investors digested a jump in yields. Futures contracts tied to the Dow Jones Industrial Average gained 18 points. S&P 500 futures were up 0.03%, while Nasdaq 100 futures added 0.04%. During regular trading the
Take a look at some of the biggest movers in the premarket: Oatly (OTLY) – The oat milk producer lost 7 cents per share for its latest quarter, smaller than the 10 cents a share loss anticipated by analysts. Revenue came in below forecasts, however, and its shares tumbled 14.1% in premarket action. Oatly said
The hunt for a new phone or car may get more stressful. Investor Paul Meeks warns Wall Street is underestimating the semiconductor shortage. He believes it’ll take years instead of months to get resolved. “This might be a problem that persists deep into 2023,” the Independent Solutions Wealth Management portfolio manager told “Trading Nation” on
A trader works on the floor of the New York Stock Exchange (NYSE) November 8, 2021. Brendan McDermid | Reuters U.S. stock futures were steady in overnight trading on Sunday as investors prepared to start the week after the S&P 500 broke a five-week winning streak. Dow futures rose about 30 points. S&P 500 futures
In this article AMC HNST BMBL BYND DIS AFRM The New York Stock Exchange welcomes The Walt Disney Company (NYSE: DIS), on Tuesday, May 4, 2021, in honor of Star Wars Day. Source: NYSE Check out the companies making headlines after the bell: Disney — Shares of the media giant dropped more than 4% in
China’s digital yuan currency is displayed on a mobile phone in Yichang, Hubei province, China, Feb. 22, 2021. Costfoto | Barcroft Media | Getty Images Don’t expect central banks to issue their own digital currencies anytime soon — that was the message from the Bank of England this week. The U.K. central bank on Tuesday
Books by and about Chinese President Xi Jinping fill a display at the Museum of the Communist Party of China in Beijing on November 11, 2021. Noel Celis | AFP | Getty Images BEIJING — A top Chinese official issued a rare criticism of the U.S. and Western democracy during a high-profile political press conference
In this article WRBY RIDE RIVN TSLA The Lordstown Motors Corp. Endurance electric pickup truck is displayed during an unveiling event in Lordstown, Ohio, U.S., on Thursday, June 25, 2020. Matthew Hatcher | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Johnson & Johnson — Shares of the health care
Joe Raedle | Getty Images Americans are quitting their jobs in record numbers. However, they likely won’t qualify for unemployment benefits. Just over 4.4 million people quit in September, an increase of 164,000 from the prior record in August, the Labor Department said Friday. The quits rate also jumped to 3%, another all-time high. (This
In this article NVDA HPE RIVN JNJ RIDE MAPS Check out the companies making headlines before the bell: Johnson & Johnson — Shares of Johnson & Johnson rose nearly 4% in premarket trading on Friday after announcing plans to split its consumer health business off from its pharmaceutical and medical device operations. Rivian Automotive —
A trader works on the floor of the New York Stock Exchange (NYSE) November 8, 2021. Brendan McDermid | Reuters U.S. stock futures were steady in overnight trading on Wednesday following a tech-driven sell-off on Wall Street. Dow futures fell just 19 points. S&P 500 futures gained 0.05% and Nasdaq 100 futures rose 0.05%. Disney
MoMo Productions | Stone | Getty Images Market conditions are pressuring the 4% rule, a popular rule of thumb for retirees to determine how much money they can live on each year without fear of running out later. Withdrawing money from one’s nest egg is among the most complex financial exercises for households. There are
In this article RIVN BYND SOFI AFRM MQ TSLA Check out the companies making headlines before the bell: Tesla (TSLA) — Shares of Tesla got a roughly 2% boost after CEO Elon Musk sold about $5 billion worth of shares this week, according to financial filings submitted Wednesday. He still holds more than 166 million
A major Wall Street firm is piling into stocks near record highs. Wilmington Trust’s Meghan Shue reveals her firm has one of its largest stock market overweights ever. Shue, who oversees $152 billion in assets, attributes a strong economic backdrop and seasonal tailwinds for the bullish move. “The near-term disruptions and the near-term concerns over
In this article TSLA WEN FUBO POSH A woman walks past a Westpac bank advertisement in central Sydney, Australia. Daniel Munoz | Reuters Check out the companies making headlines in midday trading. Poshmark — The online marketplace’s shares tumbled nearly 30% Wednesday after reporting quarterly results late Tuesday. Poshmark reported a loss of 9 cents
In this article COIN POSH FUBO DASH PLTR WEN Check out the companies making headlines before the bell: Coinbase (COIN) — Shares of Coinbase sunk more than 11% premarket after the company reported lower-than-expected quarterly revenue. The cryptocurrency exchange reported revenue of $1.31 billion versus the Refinitiv consensus of $1.57 billion.Monthly transacting users declined from the
China’s President Xi Jinping speaks during a bilateral meeting with U.S. President Donald Trump at Trump’s Mar-a-Lago estate in Palm Beach, Florida, April 7, 2017. Carlos Barria | Reuters BEIJING — Ahead of an expected virtual meeting with U.S. President Joe Biden, Chinese President Xi Jinping said the country is willing to work with the
In this article WE Adam Neumann, CEO of WeWork. Eduardo Munoz | Reuters Ousted WeWork CEO Adam Neumann said Tuesday that the company’s private, $47 billion valuation went to his head, in the first interview since departing the company in 2019 amid its botched IPO. “So yes the valuation made us feel like we were