Technically speaking, the major U.S. benchmarks have pulled in from recent record highs amid still largely bullish year-end price action. Against this backdrop, the S&P 500 has maintained major support (3,646) rising respectably from its second successful retest in as many...
Q: I have given shares of securities to my church in past years to fulfill my pledge and gift away the capital gains. As soon as I turn 72 and the RMD kicks in, I can do donations from...
The more someone understood about interest rates, inflation, risk diversification and other financial concepts, the less likely they show signs of financial “fragility” at a time of serious money pressures for many people across the country, a new study concludes. There is a link between financial literacy...
Robinhood, the stock trading app popular with young investors, wasn’t forthright with customers on how it makes money through its commission-free platform and didn’t live up to its duty to ensure users got the best terms on trades, the Securities and Exchange Commission said Thursday.By going along with...
Americans checking-account balances are sharply declining as they await progress on continued stimulus talks between lawmakers. As a result of the enhanced unemployment benefits and direct stimulus checks, both part of the CARES Act, Americans’ median checking-account balances increased...
In this awful year, here’s some good news: Scores of companies that reduced or suspended 401(k) contributions to employees during the pandemic are restoring them. The cuts and suspensions, made last winter and spring in an attempt to preserve...
MARKETWATCH FRONT PAGE The Dow pulls back from an intraday record to close lower, as investors weigh the U.S. rollout of a COVID-19 vaccine against tightening restrictions implemented in New York City and parts of Europe ahead of Christmas. ...
The U.S. will hang on to its title as the biggest retail market in the world despite COVID-19, thanks to a boost from government stimulus and consumer spending from the comfort of home, according to eMarketer. U.S. retail sales...
Hospitals await the post-Thanksgiving surge — and the Christmas one is just around the corner.“After an event, we would expect to see an increase in new cases in one to two weeks, an increase in hospitalizations from two to three weeks, and an increase in bad outcomes from...
More than one-third, 38%, of people say they’ll be in “survival mode” in 2021, according to Fidelity Investments’ annual New Year Financial Resolutions Study released Tuesday. Survival mode entails being focused “on the day-to-day as I try to get myself and/or my...