Hong Kong’s Hang Seng had its best month since 1998, but remains in bear market territory

In this article .HSI Follow your favorite stocksCREATE FREE ACCOUNT Red lanterns are hung up on the street in Wan Chai, Hong Kong. (Photo by Zhang Wei/China News Service via Getty Images) China News Service | China News Service | Getty Images Hong Kong’s benchmark index soared 26.6% in November – the Hang Seng index’s…

Stocks making the biggest moves premarket: Marvell Technology, Horizon Therapeutics, DoorDash and more

In this article PD DASH HZNP ZS MRVL Follow your favorite stocksCREATE FREE ACCOUNT Marvell Technology Group Source: marvell.com Check out the companies making headlines before the bell: Marvell Technology (MRVL) – The chip maker’s stock slid 4.9% in the premarket after quarterly sales and profit fell short of Wall Street estimates. Marvell also issued…

Stocks making the biggest moves midday: Zscaler, Marvell Technology, DoorDash and more

In this article ASAN PD DASH HZNP MRVL ZS Follow your favorite stocksCREATE FREE ACCOUNT Zscaler rings the opening bell at the Nasdaq exchange in New York, March 16, 2018. Source: Nasdaq Check out the companies making headlines in midday trading. Zscaler – The cloud security company’s shares dipped 11% following its quarterly earnings report,…

Tax ‘refunds may be smaller in 2023,’ warns IRS. Here’s why

10’000 Hours If you’re expecting a tax refund in 2023, it may be smaller than this year’s payment, according to the IRS.  Typically, you get a federal refund when you’ve overpaid yearly taxes or withheld more than the amount you owe. Your annual balance is based on taxable income, calculated by subtracting the greater of…

35% of millionaires say it’s ‘going to take a miracle’ to be ready for retirement, report finds

A cool $1 million is not what it used to be. There are more millionaires in the U.S. and globally than ever before, with nearly 24.5 million millionaires nationwide as of 2022, according to the latest Global Wealth Report from the Credit Suisse Research Institute. Even so, having seven figures in the bank offers less…

Biden’s student debt forgiveness waits on Supreme Court—here’s when borrowers may have to start paying again

The Supreme Court on Thursday declined to greenlight President Joe Biden’s sweeping student debt forgiveness plan. Instead, the court said it will hear full oral arguments from both sides of the issue in February on an expedited basis. It will then issue a final ruling, per its official procedures, likely in June, at the end…

Goldman Sachs warns traders of shrinking bonus pool as Wall Street hunkers down

In this article GS Follow your favorite stocksCREATE FREE ACCOUNT David Solomon, chief executive officer of Goldman Sachs, speaks during the Milken Institute Global Conference in Beverly Hills, April 29, 2019. Patrick T. Fallon | Bloomberg | Getty Images Goldman Sachs traders and salespeople will have to contend with a bonus pool that’s at least…

‘A lot of people are going to see less money in their pocket.’ Here are must-know tax changes for 2022

Tom Werner | DigitalVision | Getty Images After another year of tax law changes, there are significant updates for the 2022 season, with the possibility of a smaller refund or bigger bill for many taxpayers, experts say. With many Americans facing reduced tax breaks, it’s important to be proactive with year-end planning before the calendar…

‘This is a crisis.’ Why more workers need access to retirement savings

Secretary of Labor Marty Walsh speaks during a news conference at the White House in Washington, April 2, 2021. Erin Scott | Reuters Most American workers dream of a comfortable retirement. Yet many find their money falls short of meeting that goal when they reach their golden years. Much of the problem has to do…