In this article MA The MasterCard logo on a smartphone arranged in Saint Thomas, Virgin Islands. Gabby Jones | Bloomberg | Getty Images Mastercard is jumping into the competitive installment loan space by allowing banks and start-ups to ramp up their own “buy now, pay later” offers. The credit card giant announced a new program
Halfpoint Images | Moment | Getty Images If you have student loan debt, you may be able to get help paying it down through your employer — or find one that does. More than 44 million Americans are weighed down by student debt, owing a collective $1.7 trillion. Now as the “Great Resignation” gains steam
People are silhouetted against Singapore Airlines Airbus planes at Changi International Airport in Singapore on October 24, 2020. Roslan Rahman | AFP | Getty Images The U.S. Centers for Disease Control and Prevention on Monday raised its travel advisories for Singapore and Hong Kong by one level each. Singapore was raised from Level 2 to
Visitors walk on the Bund in Shanghai, China, on Friday, February 12, 2021. Qilai Shen | Bloomberg | Getty Images BEIJING — Foreign companies are trying to hold on to lucrative opportunities in China, even if new regulations and the pandemic have made international operations harder. As these businesses watch a crackdown on domestic tech
The islands of Southeast Asia are reopening to visitors — one small step at a time. The region is home to countries, such as Thailand, Vietnam and Cambodia, that kept Covid rates low throughout 2020. That changed with the arrival of the delta variant, which forced many Southeast Asian nations to contend with big outbreaks
Jeff Bezos pops champagne after emerging from the New Shepard capsule after his spaceflight on July 20, 2021. Blue Origin Jeff Bezos has called Blue Origin his life’s most important work – and the hours he is devoting to the space company are growing accordingly. Historically, Bezos had dedicated Wednesday afternoons to either updates and
10’000 Hours | Getty Images If you’ve worked remotely at any point this year, you may want to evaluate what that could mean for your 2021 tax return. Although many states offered a pandemic-related reprieve that generally resulted in no tax-filing obligation for people who worked temporarily in their state, the leniency was for 2020
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Centers for Disease Control and Prevention Director Dr. Rochelle Walensky clarified her comments regarding Covid-19 booster shots after she told the Atlantic on Monday that she plans on getting a Covid booster shot, but wants to make sure those who are at higher risk get them first. “I am not at all concerned about supply,”
U.S. stock futures were steady in overnight trading Monday following a rise in bond yields that pressured growth pockets in the market. Dow Jones Industrial Average futures fell just 4 points. S&P 500 futures were flat, and Nasdaq 100 futures fell 0.1%. The 10-year Treasury yield rose on economic optimism and inflation fears, briefly topping 1.5% on
In this article WFC Charles Scharf, chief executive officer of Wells Fargo & Co., listens during a House Financial Services Committee hearing in Washington, D.C., U.S., on Tuesday, March 10, 2020. Andrew Harrer | Bloomberg | Getty Images Wells Fargo paid $37 million to settle a government lawsuit accusing the bank of defrauding hundreds of
Getty Images | filadendron Panic selling is common after stock market dips, and it’s more likely to happen with certain investors, according to research from the Massachusetts Institute of Technology. When the market drops, men over age 45 who are married with children and have self-described “excellent investment experience” are more prone to sell-offs, the
Robert S. Kaplan will exit his role as head of the Federal Reserve Bank of Dallas next month. Eric S. Rosengren, the head of the Federal Reserve Bank of Boston, is also retiring earlier than planned. Two Federal Reserve officials embroiled in controversy for trading securities that could have benefited from the central bank’s 2020
Under the House Ways and Means tax plan, the United States would tax corporate income at the third-highest integrated tax rate among rich nations, averaging 56.6 percent. The integrated tax rate reflects the two layers of tax that apply to income earned through corporations: the entity-level corporate income tax and the shareholder-level capital gains and
A home flipper surveys a property in Phoenix, Arizona. Joshua Lott | Bloomberg | Getty Images Home flipping has never been easy, no matter how much fun TV shows like “Flip or Flop” make it out to be. It’s been even harder lately, due to low supply, high prices and a run on housing triggered
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Quality stocks have historically outperformed in slowing growth environment.
Supporters wave flags at the Social Democrats (SPD) headquarters after the exit polls were broadcast on television in Berlin on September 26, 2021. ODD ANDERSEN | AFP | Getty Images German business leaders have voiced relief after the country’s federal election results quashed the possibility of the next government having a strong left-leaning slant. Preliminary
Dado Ruvic | Reuters Famed investor Michael Burry revealed on Twitter that he received a subpoena from the Securities and Exchange Commission in connection with its investigation into GameStop, a wildly speculative stock that the “Big Short” trader once bet on. “So, who got an SEC subpoena over $GME? Actually, I know who, they’re on my
Hispanolistic | E+ | Getty Images You may want to ditch your commute permanently or leave a job that you hate. Yet before you quit, you’ll want to make sure your financial house is in order. Not only will it help you survive a period of unemployment, it will help you focus on finding your