Loading chart… DuPont de Nemours: “Sold it for the [charitable trust] yesterday. Why? Because it had moved up. We wanted to be able to take a good gain.” Loading chart… Commercial Vehicle Group: “I like stocks that are inexpensive and have to do with autos, and there you’ve got one. I think you’re in good
In this article BAC Brian Moynihan, chairman and chief executive officer of Bank of America Corp, speaks in New York City, September 25, 2019. Shannon Stapleton | Reuters Bank of America on Wednesday topped analysts’ estimates for profit on record asset management and investment banking fees and the release of $851 million in loan loss
A trader on the floor of the New York Stock Exchange. Getty Images U.S. equities futures were little changed Wednesday after another choppy trading session as investors remained cautious amid rising rates and the Nasdaq dipped into correction territory. Futures tied to the Dow Jones Industrial Average slipped by 28 points, or 0.08%. S&P 500
Prime Minister Scott Morrison on Wednesday announced Australia will refund visa fees for vaccinated backpackers who arrive within the next three months. The country — whose tight, pandemic border policies locked out its citizens, and more recently, one of tennis’s biggest stars — is encouraging backpackers to visit. And it’s doing so because it wants
Carlina Teteris | Moment | Getty Images If you’re a 401(k) plan saver, odds are you are getting a “match” from your employer. But there’s a catch — that free money may not belong to you yet. About 98% of companies that offer a 401(k) plan make regular contributions to workers’ retirement savings, according to
In this article UAL An aircraft takes off from O’Hare International Airport on January 18, 2022 in Chicago, Illinois. Scott Olson | Getty Images United Airlines said the surge in Covid-19 infections has hurt bookings in recent weeks and will further delay its recovery from the pandemic. The Chicago-based airline lowered its 2022 growth forecast,
In this article MS James Gorman, chairman and chief executive officer of Morgan Stanley, speaks during a Bloomberg Television interview in Beijing, China, on Thursday, May 30, 2019. Giulia Marchi | Bloomberg | Getty Images Morgan Stanley is set to report fourth-quarter earnings before the opening bell on Wednesday. Here’s what Wall Street expects: Earnings:
In this article USB PG UNH STT MS SOFI Pampers Diapers, which are manufactured by Procter & Gamble, are displayed in an Associated Supermarket in New York. Ramin Talai | Bloomberg | Getty Images Check out the companies making headlines in midday trading. SoFi – Shares of the mobile financial services company surged more than
For billionaire investor Mark Cuban, there was one defining moment that led him to go all in on cryptocurrency. “I always paid attention to bitcoin, the pricing, the tokens and the [crypto]currencies,” Cuban told Miami Mayor Francis Suarez at The North American Bitcoin Conference on Monday. “But what really got me into it was, about
Gary Gensler, chairman of the U.S. Securities and Exchange Commission (SEC), speaks during a Senate Banking, Housing and Urban Affairs Committee hearing in Washington, D.C., U.S., on Tuesday, Sept. 14, 2021. Bill Clark | Bloomberg | Getty Images Securities and Exchange Commission Chairman Gary Gensler said Wednesday that the regulator is eyeing tighter disclosure deadlines for hedge
Tara Moore | Getty Images Anyone facing required minimum withdrawals from retirement accounts should note there’s been a change to calculating those amounts. Starting this year, new IRS life expectancy tables — which are used to determine required minimum distributions, or RMDs — are in effect. While using the modified tables should be generally straightforward
Oscar Wong | Moment | Getty Images The stock market’s newest investors appear to like what they’ve seen so far. Among individuals who began investing last year, 86% plan to increase their stock holdings in 2022, according to a recent survey from Investing.com. This is despite fewer of them (67%) making a profit in 2021