Dow futures fall 400 points as oil prices spike to 13-year high on Russia-Ukraine war

A trader works on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., March 2, 2022. REUTERS/Brendan McDermid Brendan McDermid | Reuters U.S. equity futures fell Sunday evening as U.S. oil price jumped to their highest level since 2008 amid the ongoing war between Russia and Ukraine. Dow futures lost…

When buy now, pay later comes back to bite you

You can use buy now, pay later for just about everything these days. Since the start of the pandemic, installment payments have exploded in popularity along with a general surge in online shopping. In some cases, spreading out the cost of a big-ticket purchase — like a Peloton, for example — makes financial sense, especially at 0%….

How to know when oil prices will cause a recession, and what to invest in

In this article .SPX XLE With the national average for a gallon of gas hitting its highest price since 2008 and the stock market on edge with the first land war in Europe since WWII being waged by one of the world’s biggest crude oil producers, crude oil prices and energy stocks are an area…

National average for a gallon of gas tops $4, the highest price at the pump since 2008

Fuel prices are displayed at gas stations on March 03, 2022 in Chicago, Illinois. Increasing demand and dwindling supplies coupled with global supply uncertainty driven by the war in Ukraine have driven gas prices over $4-per-gallon in many parts of the country. Scott Olson | Getty Images Gasoline prices surged to the highest level since…

Top Wall Street analysts says these stocks are well positioned for long-term growth

In this article WOOF AAPL ABNB CRM SPLK Apple CEO Tim Cook attends the premiere for season two of the television series “Ted Lasso” at Pacific Design Center in West Hollywood, California, U.S. July 15, 2021. Mario Anzuoni | Reuters The last week has been nothing but turmoil for not only the stock market, but…

Target date retirement funds work up to a point. Here’s when you may want to reconsider

Bloom Productions A retirement-savings option that can be smart at the outset of your career probably needs to be reexamined down the road. Target-date funds, as they’re called, offer a way to put your savings on autopilot: Holdings gradually shift away from riskier assets like stocks and toward more conservative investments (bonds and, perhaps, cash)…

Bitcoin Tax Calculator

If you are a U.S. resident who invested in Bitcoin or other cryptocurrencies in 2021, you may have recently received a tax document from the trading platform or cryptocurrency exchange you use and may need to pay taxes. While there is currently very little guidance on the taxation of cryptocurrency, one thing is clearly defined. The…

Jim Cramer says owning Devon Energy is an ‘insurance policy’ against continued geopolitical chaos

In this article DVN Investors who want to a stock to guard against global uncertainty in light of the Russia-Ukraine war should look to Devon Energy, CNBC’s Jim Cramer said Friday. The “Mad Money” host’s recommendation came hours after he interviewed Devon’s chief executive, Rick Muncrief, during the CNBC Investing Club’s monthly meeting for subscribers….

Average national gasoline price surges to $3.83 a gallon, the highest since 2012

Fuel prices are displayed at gas stations on March 03, 2022 in Chicago, Illinois. Increasing demand and dwindling supplies coupled with global supply uncertainty driven by the war in Ukraine have driven gas prices over $4-per-gallon in many parts of the country. Scott Olson | Getty Images Gas prices are surging, with the national average…

This Big Tech company ‘surprises and delights’ employees to keep them happy

LinkedIn employees are treated to “surprise and delight” moments through the tech company’s LiftUp program. LinkedIn Millions of Americans are quitting their jobs and rethinking what they want when it comes to work and work-life balance. Companies are responding, meeting their employees’ needs in areas like remote work, flexible hours, four-day workweeks, compensation and more….

Why a California city is trying to build the state’s last fossil-fueled power plant

In this article DIS People gathered in Glendale in February to protest the city’s approval to build a fossil-fueled power plant. Courtesy of Morgan Goodwin Glendale, a Los Angeles suburb that’s home to Walt Disney Imagineering and the famous Brand Boulevard, could be the last city in California to build a fossil-fueled power plant. The…