CNBC’s Jim Cramer on Wednesday offered investors a list of stocks with sizable dividend yields that he believes should be on their shopping list. Investors may turn to dividend-paying stocks during periods of market turbulence, viewing their tangible payouts as a place of safety, the “Mad Money” host said. And Wall Street has been volatile
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andresr | E+ | Getty Images A recently introduced bill in Congress has its sights set on preventing a cost that some new Medicare beneficiaries face: late-enrollment penalties. The bipartisan measure, introduced in the Senate, would require the federal government to provide individuals with information about Medicare enrollment rules before they reach the Medicare-eligible age
Getty Images If you’re one of the millions of Americans who gave to charity in 2021, you can still claim a write-off on this year’s tax return. There’s a deduction for cash gifts up to $300 for single filers and couples filing jointly may score up to $600, according to the IRS. And it’s easier
In this article JPM JP Morgan CEO Jamie Dimon gives a speech during the inauguration of the new French headquarters of US’ JP Morgan bank on June 29, 2021 in Paris. Michel Euler| AFP | Getty Images JPMorgan Chase is preparing to go all-in on private companies. For the past year, the bank has been
Alfa Group Supervisory Board Chairman Mikhail Fridman attends the 2017 Atlases Russian Business Forum at the Crocus City Hall. Artyom Geodakyan | Tass | Getty Images As Europe and the U.S. ratchet up sanctions on the yachts and mansions of Russia’s oligarch elite, some of Vladimir Putin’s ultra-wealthy inner circle have begun speaking out against
Ukraine has started to accept dogecoin and a number of other cryptocurrencies as donations as Russia continues its invasion. Nurphoto | Getty Images Ukraine has expanded the number of cryptocurrencies it is accepting for donations toward its military as Russia’s invasion continues. On Wednesday, Mykhailo Fedorov, vice prime minister of Ukraine, said people can send
In this article JWN Shoppers leave a Nordstrom store on May 26, 2021 in Chicago, Illinois. Scott Olson | Getty Images News | Getty Images Nordstrom on Tuesday reported better-than-expected profits and sales for the holiday quarter, prompting the retailer to offer an optimistic outlook for the coming year in spite of ongoing supply chain
In this article F People visit Ford’s all-electric SUV Mustang Mach-E at the 2019 Los Angeles Auto Show in Los Angeles, the United States, Nov. 22, 2019. Xinhua via Getty Images DETROIT – Ford Motor said Wednesday it will reorganize operations to separate its electric and internal-combustion engine businesses into separate units within the automaker.
Tetra Images | Getty Images The IRS has already issued 22 million refunds, at an average $3,536 each. That’s $700 more than last year, when the average refund was just over $2,800. For most people, a lump-sum payment of this size is rare. “The tax refund is often the biggest windfall households receive all year,” said
Parents and children participate in a demonstration organized by the ParentsTogether Foundation in support of the child tax credit portion of the Build Back Better bill outside of the U.S. Capitol on Dec. 13, 2021. Sarah Silbiger | Bloomberg | Getty Images When President Joe Biden delivers his State of the Union address on Tuesday,
Federal Reserve Chairman Jerome Powell testifies during the House Financial Services Committee hearing titled Oversight of the Treasury Department’s and Federal Reserve’s Pandemic Response, in Rayburn Building on Wednesday, December 1, 2021. Tom Williams | CQ-Roll Call, Inc. | Getty Images If you want to see how tough it is to be Federal Reserve Chair
Getty Images Your filing status is the backbone of your tax return, and checking the wrong box can be costly. Yet many filers still confuse single and head of household, financial experts say. “Most people are not fully aware of the differences,” said Rose Swanger, a certified financial planner and enrolled agent with Advise Finance
Traders on the floor of the NYSE, Feb. 28, 2022. Source: NYSE Stock futures inched higher on Tuesday night as oil prices surged amid the ongoing conflict between Russia and Ukraine. Futures tied to the Dow Jones Industrial Average rose 94 points, or 0.2%. S&P 500 and Nasdaq 100 futures also added 0.2%. Earnings boosted
In this article CRM Marc Benioff, co-founder and chief executive officer of Salesforce.com Inc., pauses during a Bloomberg Television interview at the World Economic Forum in Davos, Switzerland, on Wednesday, Jan. 18, 2017. Simon Dawson | Bloomberg | Getty Images Salesforce topped analysts’ estimates for profit and revenue in its fiscal fourth-quarter earnings report. The
Loading chart… Rent-A-Center Inc: “It’s just a terrible quarter. It’s at $27 [a share]. I would still sell it. I wish I could be more positive, but it was a very bad quarter.” NIO Inc: “I’m not recommending any Chinese stocks. I think the market situation is too perilous and difficult to do so.” Loading
Spanic | E+ | Getty Images There are some obvious triggers that might prompt you to update your will, such as changes in health or marital status. There are, however, also some not-so-obvious ones to be aware of, according to financial planners and attorneys. “Your will should be updated when your personal circumstances change, which
Nosystem Images | E+ | Getty Images If the stock market’s volatility is worrying you because you’re edging closer to retirement, it may be time to re-evaluate your portfolio. One of the big risks you can face as a new retiree is a persisting market downturn just as you need to start tapping your savings.
Traders on the floor of the NYSE, Feb. 25, 2022. Source: NYSE The NYSE and Nasdaq have announced today that they are halting trading in several Russia-based stocks that list on their respective exchanges. Much more interesting is the fact that the Russian stock market in Moscow is closed, but U.S.-based Russian exchange-traded funds are
FluxFactory | E+ | Getty Images The Russian invasion of Ukraine has rattled global stock markets. It’s also sparked anxiety around personal finances, which have, for many around the world, already been strained by rising costs in the wake of the coronavirus pandemic. Globally, young people were among the groups that have felt the economic
In this article TGT WDAY AZO KSS FL KR Take a look at some of the biggest movers in the premarket: Target (TGT) — Shares of the big-box retailer rallied 11% in premarket trading after Target said it expects growth to continue even after its pandemic-era gains. Target posted adjusted fourth-quarter earnings of $3.19 per
In this article DPZ An employee carries an order for a customer at a Domino’s Pizza restaurant in Detroit. Sean Proctor | Bloomberg | Getty Images Domino’s Pizza on Tuesday reported quarterly earnings and revenue that fell short of analysts’ expectations. The pizza chain also announced that CEO Ritch Allison plans to retire. Domino’s Chief Operating Officer
In this article KSS The Kohl’s logo is displayed on the exterior of a Kohl’s store on January 24, 2022 in San Rafael, California. Justin Sullivan | Getty Images Kohl’s on Tuesday reported fiscal fourth-quarter sales that came in below analysts’ estimates for the key holiday quarter, as ongoing supply chain obstacles roiled retailers and
Getty Images If you’re considering a Roth conversion, stock market drops may make the strategy more appealing, according to financial experts. While the popular move, allowing higher earners to bypass income limits for Roth individual retirement account contributions, was in peril as House Democrats passed Build Back Better, the spending package stalled in December. Nevertheless,
A trader works at the New York Stock Exchange on Feb. 25, 2022. Xinhua News Agency | Xinhua News Agency | Getty Images Everyday investors may unknowingly have exposure to Russian stocks — but the good news is, those holdings likely represent a small part of their overall portfolios. Investments linked to Russia have taken
The central processing plant for oil and gas in Salym, Russia, Feb. 4, 2014. Salym Petroleum Development is a venture between Shell and Gazprom Neft. Andrey Rudakov | Bloomberg | Getty Images Shell said Monday it is ending an “equity partnership” with Gazprom, a Russian state-owned energy company, as the Russia-Ukraine conflict continues. Shell said
New homes under construction by CastleRock Communities in Kyle, Texas, in November 2021. Matthew Busch | Bloomberg | Getty Images Record increases in home prices are also pushing up the amount of equity people have in their abodes. For many Americans, that means they can borrow more against what is often their biggest asset. However,
Traders on the floor of the NYSE, Feb. 24, 2022. Source: NYSE U.S. stock futures were steady in overnight trading on Monday before the first trading day of March as investors continue to monitor the fighting between Russia and Ukraine. Dow futures fell 15 points. S&P 500 futures fell 0.05% and Nasdaq 100 futures dropped
Lucid Air Courtesy: Lucid Motors Lucid Group is cutting its car production forecast for this year by as much as 40%, sending shares of the electric vehicle start-up tumbling 13% during after hours trading. The company on Monday cited supply chain constraints and parts quality issues for slashing production to between 12,000 and 14,000 vehicles,
Loading chart… Oceaneering International Inc.: “It’s right here. There are a lot of times when I look at these stocks and I think, ‘Well, they have contracts, the contracts could go bad.’ I think these guys are very good.” Loading chart… Tellurian Inc: “Here’s what matters with Tellurian: their balance sheet. It’s not great. They
Getty Images | filadendron You’re not alone if you panic sold during this week’s stock market volatility and you’re feeling regret, experts say. Russia’s invasion of Ukraine triggered U.S. stock market swings on Thursday, with the S&P 500 dropping by as much as 2.6% before closing 1.5% higher. The Nasdaq Composite recovered from a nearly