Stock futures are flat ahead of earnings season kickoff
U.S. stock futures were flat in overnight trading on Tuesday ahead of the first batch of corporate earnings. Dow futures fell just 10 points. S&P 500 futures gained 0.03% and Nasdaq 100 futures dipped 0.02%. On Tuesday, the S&P 500...
‘When is the housing market going to crash?’ is a red-hot search on Google – here’s why
Rick Nazarro of Colonial Manor Realty talks with a pair of interested buyers in the driveway as a couple waits to enter a property he is trying to sell during a “controlled” open house on May 2, 2020 in Revere,...
Consumer prices rise more than expected, pushed by 9.1% jump in gasoline
Consumer prices shot higher in March, given a boost by a strong economic recovery and year-over-year comparisons to a time when the Covid-19 pandemic was about to throttle the U.S. economy, the Labor Department reported Tuesday. The consumer price index...
Alibaba shares close higher after Beijing orders Ant Group to revamp business
A logo of Ant Group is pictured at the headquarters of the company, an affiliate of Alibaba, in Hangzhou, Zhejiang province, China October 29, 2020. Aly Song | Reuters GUANGZHOU, China — Alibaba shares in Hong Kong closed 0.43% higher...
The third round of stimulus checks helped, but millions of Americans are still struggling
While the number of Americans struggling to put food on the table and pay bills fell last month, new data shows that millions are still feeling the financial effects of the Covid-19 pandemic. The third round of stimulus payments started...
Some states require amended tax returns for $10,200 unemployment tax break refunds
10’000 Hours There are probably a ton of people who got unemployment who rushed to file. People are still in panic mode and wanted a refund as soon as possible. Albert Campo certified public accountant State taxes Taxpayers may not...
Powell says it’s ‘highly unlikely’ the Fed will raise rates this year, despite stronger economy
Federal Reserve Chairman Jerome Powell Kevin Lamarque | Reuters Despite what he sees as a rapidly recovering economy, Federal Reserve Chairman Jerome Powell on Sunday reaffirmed the central bank’s commitment to keep loose monetary policy on place. That includes a...
Fed Chair Powell says economy about to grow much quicker due to vaccinations and fiscal support
Federal Reserve Chairman Jerome Powell testifies before the Senate Banking Committee hearing on “The Quarterly CARES Act Report to Congress” on Capitol Hill in Washington, December 1, 2020. Susan Walsh | Pool | Reuters The U.S. economy is at a...
Stocks making the biggest moves midday: Levi Strauss, FuboTV, Honeywell and more
A man wears Levis Strauss & Co. clothing during the company’s initial public offering (IPO) at the New York Stock Exchange (NYSE) in New York, U.S., on Thursday, March 21, 2019. Jeenah Moon | Bloomberg | Getty Images Check out...
Biden seeks extra $400 a year in Pell grants for college and to expand aid to Dreamers
Alex Wong | Getty Images News | Getty Images President Joe Biden asked Congress for a $400 annual increase in maximum Pell grants for college students as part of a budget proposal issued Friday. The president also called to broaden...
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