Coronavirus pandemic forces retirement savings to take backseat, study shows
A new study shows Americans are concentrating less on their retirement savings as other priorities take precedence.
A new study shows Americans are concentrating less on their retirement savings as other priorities take precedence.
JCPenney files for bankruptcy as coronavirus pushes retailer over edge
Retailer JCPenney filed for Chapter 11 bankruptcy protection after the coronavirus pandemic forced stores to shut, the company announced Friday evening, joining J. Crew and Neiman Marcus.
Retailer JCPenney filed for Chapter 11 bankruptcy protection after the coronavirus pandemic forced stores to shut, the company announced Friday evening, joining J. Crew and Neiman Marcus.
Stocks rally but not enough to erase weekly losses
The Dow Jones Industrial Average climbed 60 points, or 0.25 percent, while the S&P 500 and the Nasdaq Composite rose 0.39 percent 0.79 percent, respectively.
The Dow Jones Industrial Average climbed 60 points, or 0.25 percent, while the S&P 500 and the Nasdaq Composite rose 0.39 percent 0.79 percent, respectively.
US retail sales plunged 16% in April as virus froze economy
U.S. retail sales tumbled 16.4% from March to April as business shutdowns caused by the coronavirus kept shoppers away, threatened stores across the country and weighed down a sinking economy.
U.S. retail sales tumbled 16.4% from March to April as business shutdowns caused by the coronavirus kept shoppers away, threatened stores across the country and weighed down a sinking economy.
Stocks jump on banking M&A talk, coronavirus vaccine progress
U.S. equity markets curbed losses and finished at session highs as financials led on renewed M&A speculation and comments from President Trump signaled the U.S. could have a coronavirus vaccine by year-end.
U.S. equity markets curbed losses and finished at session highs as financials led on renewed M&A speculation and comments from President Trump signaled the U.S. could have a coronavirus vaccine by year-end.
How to get a refund or credit on your car insurance if you’re driving less amid COVID-19 pandemic
Many major auto insurance companies in the U.S. are offering policyholders some sort of refund or credits.
Many major auto insurance companies in the U.S. are offering policyholders some sort of refund or credits.
In coronavirus economy, financial advisers telling clients these 3 key things
Here are three pieces of advice our advisers are sharing with clients to calm fears amid the current market climate.
Here are three pieces of advice our advisers are sharing with clients to calm fears amid the current market climate.
Dow falls 457 points amid fears of coronavirus second wave
U.S. equity markets slid Tuesday as members of President Trump's task force on the coronavirus testified before Congress signaling that virus risks remain as states reopen for business. Additionally, the CDC disclosed fresh data that showed an uptick in U.S. cases of the virus.
U.S. equity markets slid Tuesday as members of President Trump's task force on the coronavirus testified before Congress signaling that virus risks remain as states reopen for business. Additionally, the CDC disclosed fresh data that showed an uptick in U.S. cases of the virus.
Stocks slide as Powell says Fed fighting worst slump since WWII
U.S. stock markets tumbled Wednesday after Federal Reserve Chairman Jerome Powell said the central bank will take further steps to combat the worst downturn since World War II.
U.S. stock markets tumbled Wednesday after Federal Reserve Chairman Jerome Powell said the central bank will take further steps to combat the worst downturn since World War II.
Consumers, lawmakers rip airlines for withholding refunds
Some airlines are being slammed for not offering full refunds to travelers who had to cancel their flights due to the COVID-19 pandemic.
Some airlines are being slammed for not offering full refunds to travelers who had to cancel their flights due to the COVID-19 pandemic.
Grocery store prices rose last month amid COVID-19 pandemic
The price index for meats, poultry, fish and eggs increased the most, according to the U.S. Bureau of Labor Statistics.
The price index for meats, poultry, fish and eggs increased the most, according to the U.S. Bureau of Labor Statistics.
How to pay off debt while unemployed during coronavirus
Unemployment and debt are major concerns during the Coronavirus pandemic. Here are some options to help you stay afloat.
Unemployment and debt are major concerns during the Coronavirus pandemic. Here are some options to help you stay afloat.
White House explores $5,000 coronavirus stimulus check in exchange for delayed Social Security benefits
Typically, the earliest Americans can start collecting Social Security benefits is at 62
Typically, the earliest Americans can start collecting Social Security benefits is at 62
Nasdaq leads charge as more states ease lockdowns
U.S. equity markets gained Monday despite concerns U.S. states are reopening too quickly after an uptick in COVID-19 cases in Asia.
U.S. equity markets gained Monday despite concerns U.S. states are reopening too quickly after an uptick in COVID-19 cases in Asia.
Receiving extra coronavirus unemployment benefits? How to avoid a big tax hit
The benefits are taxable at the federal level and by most states.
The benefits are taxable at the federal level and by most states.
Waiting for coronavirus stimulus check? Direct deposit information is due Wednesday, IRS says
If taxpayers don't provide their direct deposit information by noon on May 13, they'll have to wait to receive their payment by mail.
If taxpayers don't provide their direct deposit information by noon on May 13, they'll have to wait to receive their payment by mail.
Stocks surge as economic recovery hopes put record unemployment in the rearview mirror
The Dow Jones Industrial Average gained over 455 points, or 1.91 percent, while the S&P 500 and the Nasdaq Composite rose 1.69 percent and 1.58 percent, respectively.
The Dow Jones Industrial Average gained over 455 points, or 1.91 percent, while the S&P 500 and the Nasdaq Composite rose 1.69 percent and 1.58 percent, respectively.
Jobless rate spikes to 14.7%, highest since Great Depression
The unemployment rate could reach 16% or more. Twenty-one million jobs may have been lost in April.
The unemployment rate could reach 16% or more. Twenty-one million jobs may have been lost in April.
Bernie Sanders, Kamala Harris and Ed Markey propose $2,000 monthly payments to Americans during pandemic
The Democratic senators introduced a bill to give $2,000 a month to many Americans during the coronavirus pandemic.
The Democratic senators introduced a bill to give $2,000 a month to many Americans during the coronavirus pandemic.
3 new tax credits offered to businesses impacted by coronavirus pandemic
The employee retention credit is designed to encourage businesses to keep employees on their payroll, the IRS says.
The employee retention credit is designed to encourage businesses to keep employees on their payroll, the IRS says.