A sign marks a Fidelity Investments office in Boston, Massachusetts, April 28, 2022. Brian Snyder | Reuters Fidelity Investments is launching a commission-free crypto trading product for retail investors. The firm, one of the largest brokerages in the world handling $9.9 trillion in assets, opened an early-access waitlist to users Thursday morning. The service, called
Month: November 2022
SKLA | iStock | Getty Images Close to 26 million Americans have applied for student loan forgiveness, and the Biden administration has already approved 16 million of the requests, the White House said Thursday. Yet its entire loan cancellation plan could be in jeopardy due to the legal challenges brought by Republicans, it warned. “If
When it comes to “being your own boss,” Americans seem to have it covered. According to the Bureau of Labor Statistics, there were about 9.6 million self-employed workers in 2016. This number is projected to grow to 10.3 million by 2026 — a 7.9-percent increase. But when tax season rolls around, many self-employed taxpayers hire tax
In this article YUM Follow your favorite stocksCREATE FREE ACCOUNT Signage is displayed outside a Yum! Brands Inc. Taco Bell and Kentucky Fried Chicken (KFC) restaurant in Louisville, Kentucky, U.S., on Thursday, Jan. 30, 2020. Luke Sharrett | Bloomberg | Getty Images Yum Brands on Wednesday reported quarterly earnings that missed analysts’ expectations as the strong U.S.
In this article BA Follow your favorite stocksCREATE FREE ACCOUNT An aerial view of the engines and fuselage of an unpainted Boeing 737 MAX airplane parked in storage at King County International Airport-Boeing Field in Seattle, Washington, June 1, 2022. Lindsey Wasson | Reuters Boeing is planning to ramp up production and deliveries of new
In this 2013 photo, Singapore’s central business district is shown at dusk. Edward Tian | Moment | Getty Images Singapore still wants to be a hub for digital assets, but not one for speculating on cryptocurrencies, said Ravi Menon, managing director of central bank the Monetary of Singapore. “If a crypto hub is about experimenting
Martin Barraud | Caiaimage | Getty Images After another 0.75 percentage interest rate hike from the Federal Reserve, financial experts have tips for investors amid volatility in the stock and bond markets. Continuing to fight inflation, the central bank on Wednesday announced its fourth consecutive three-quarters of a percentage point interest rate increase. The
Mortgage application volume barely moved last week, falling 0.5% compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. Rates, meanwhile, dropped back a little bit last week, but they’re still near a 22-year high. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($647,200 or less)
In this article QCOM Follow your favorite stocksCREATE FREE ACCOUNT Qualcomm shares fell 7% in extended trading on Wednesday after the chipmaker reported in-line fiscal fourth-quarter earnings but offered poor first-quarter guidance. Qualcomm also said it implemented a hiring freeze at the start of the current quarter. Here’s how the company did: Earnings: $3.13 per
In this article PARA Follow your favorite stocksCREATE FREE ACCOUNT Leslie ‘Les’ Moonves, president and chief executive officer of CBS Corp. David Paul Morris | Bloomberg | Getty Images Paramount Global and former CBS chief Les Moonves agreed to make additional payments to settle an investigation by the New York State Attorney General’s office, which
In this article QCOM Follow your favorite stocksCREATE FREE ACCOUNT A video sign displays the logo for Roku Inc, a Fox-backed video streaming firm, in Times Square after the company’s IPO at the Nasdaq Market in New York, September 28, 2017. Brendan McDermid | Reuters Check out the companies making headlines in midday trading. Qualcomm
FatCamera | E+ | Getty Images For some Medicare beneficiaries, an Advantage Plan ends up not being a good fit. If you’re in this situation and are thinking about dropping your plan to return to basic Medicare — Part A (hospital coverage) and Part B (outpatient services) — there are some things to consider before