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[The stream is slated to start at 08:30 ET. Please refresh the page if you do not see a player above at that time.] European Central Bank President Christine Lagarde is giving a press conference after the bank’s latest monetary policy decision. The European Central Bank on Thursday confirmed its intention to hike interest rates…
For many Americans, the pandemic-induced slowdown offered a rare opportunity to better their financial standing. Government stimulus checks and fewer opportunities for spending drove the personal savings rate to a level not seen since World War II, with many consumers using the cash they had on hand to pay down debt — primarily their credit…
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Houses on the east coast of England, photographed in 2020. On Tuesday, the chief executive of the U.K.’s Environment Agency said climate change meant some coastal communities would have to move. Owen Humphreys | PA Images | Getty Images The chief executive of the U.K.’s Environment Agency has issued a stark warning to coastal communities,…
Stock futures were flat in overnight trading Wednesday after the major averages ended the regular session lower and U.S. Treasury yields rose. Futures on the Dow Jones Industrial Average inched about 30 points higher, or 0.1%. S&P 500 futures and Nasdaq 100 futures were flat. Shares of Five Below dropped more than 6% in extended…
Governor of Michigan Gretchen Whitmer poses at an event where General Motors announced an investment of more than $7 billion in four Michigan manufacturing sites on January 25, 2022 in Lansing, Michigan. Jeff Kowalsky | AFP | Getty Images High school students in Michigan will soon be guaranteed a personal finance course before they graduate….
Target (TGT) warned Monday profits may take a hit in the near term as the big-box chain looks to shed excess inventory. It’s a step other retailers will likely need to follow, analysts say, thus dragging down their stock prices. But not every retailer will take same hit. Some even stand to benefit from the…
In this article DOCU The Docusign Inc. website on a laptop computer arranged in Dobbs Ferry, New York, U.S., on Thursday, April 1, 2021. Tiffany Hagler-Geard | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Campbell Soup – The food company saw shares gain 2.3% after reporting a better-than-expected quarterly…
valentinrussanov When the stock market dips, a strategy known as tax-loss harvesting can be a silver lining. But it doesn’t make sense for all portfolios, financial experts say. Here’s how tax-loss harvesting works: You can sell declining assets from your brokerage account and use the losses to offset other profits. Once losses exceed gains, you…
Allison Shelley | Getty Images News | Getty Images The clock is ticking when it comes to how long Congress has to act to repair Social Security’s trust funds. New projections from the program’s trustees show the combined trust funds will be depleted in 2035, at which point 80% of benefits will be payable. That’s…
This week, Treasury Secretary Janet Yellen will testify before the Senate Finance Committee and the House Ways and Means Committee on President Biden’s Fiscal Year 2023 Budget Proposals. Combined with the tax increases in the Build Back Better Act (BBBA), which the budget assumes becomes law, President Biden would raise revenues by $4 trillion on…
In this article ULCC JBLU SAVE A JetBlue Airlines plane takes off near Spirit Airlines planes at the Fort Lauderdale-Hollywood International Airport on May 16, 2022 in Fort Lauderdale, Florida. Joe Raedle | Getty Images Spirit Airlines is postponing its shareholder meeting, previously scheduled for Friday, until June 30 so it can continue deal talks…