Traders work on the floor of the New York Stock Exchange (NYSE) on February 5, 2018 in New York City. Getty Images It’s a sea of red in the stock market on Monday, and there are several factors that are dragging stocks down in January. The Dow Jones Industrial Average fell as much as 1,000
Witthaya Prasongsin | Moment | Getty Images Interest rates may be going up in 2022 — and a bond ladder is one way for investors to manage the risk. Prices for existing bonds generally fall as interest rates (or yields) rise, since the yields on new bonds look more attractive by comparison. That dynamic played
US President Joe Biden speaks about the September jobs report from the South Court Auditorium at the White House in Washington, DC, on October 8, 2021. Olivier Douliery | AFP | Getty Images The U.S. government has sent an unprecedented amount of aid to Americans amid the Covid-19 pandemic. Yet the latest efforts to deploy
A look at Cheniere Energy who are taking advantage of the rise in natural gas prices.
People dine at an outdoor dining patio set up at a restaurant on March 18, 2021 in New York City. Angela Weiss | AFP | Getty Images The National Restaurant Association is asking Congress to replenish the Restaurant Revitalization Fund as the omicron variant hits operators’ businesses. Last year, lawmakers created the $28.6 billion fund
Take a look at some of the biggest movers in the premarket: Kohl’s (KSS) – Kohl’s soared 27.3% in premarket trading as takeover interest in the retailer ramps up. Starboard-backed Acacia Research is offering $64 per share for Kohl’s, compared to Friday’s close of $46.84 a share. People familiar with the matter say private-equity firm
Former Goldman Sachs CEO and Chairman Lloyd Blankfein said that his view of cryptocurrencies has evolved after digital assets attracted trillions of dollars in value and a rapidly growing ecosystem. On Monday, Blankfein was asked by CNBC’s Andrew Ross Sorkin for his view on the nascent asset class, who noted that the former banker has
Cabania | iStock | Getty Images Plus You can start filing individual income tax returns on Jan. 24, but there may be refund delays as the IRS combats a backlog and limited staffing, according to Treasury officials. However, there may be ways to get your money faster, financial experts say. Although refunds are typically sent
Hannah Kohr made a career change after quitting her job during the “Great Resignation.” Courtesy: Hannah Kohr Hannah Kohr started reassessing her career as a library assistant shortly after the Covid-19 pandemic hit. She had spent the majority of her time at the Cleveland Public Library helping families with basic needs such as food, housing
Streets in Tianjin, China, empty out on Jan. 10, 2022, as the city enters partial lockdown following a spike in omicron cases. Geno Hou | Future Publishing | Getty Images Covid lockdowns, quarantines and restrictions are causing a backlog in some of China’s major ports, resulting in “chaos” and pushing up air freights by as
Consumers linger outside a Haikou duty free shop at Riyue Square, Haikou City, Hainan Province, China, on September 2, 2021. Wang Jianfeng | Future Publishing | Getty Images BEIJING — Chinese consumers are spending more on luxury goods at home, even if they can’t easily travel abroad due to pandemic-related restrictions, consultancy Bain & Company
In this article PTON Peloton Interactive Inc. stationary bicycles sit on display at the company’s showroom on Madison Avenue in New York, U.S., on Wednesday, Dec. 18, 2019. Jeenah Moon | Bloomberg | Getty Images Warning: This article includes some spoilers for the Season 6 premiere of “Billions.” The hits just keep coming for Peloton.