Investing News

If you need cash for a down payment for a home, and you have a 401(k) retirement plan, you might be wondering if you can use these funds. Typically when you withdraw funds from a 401(k) before the age of 59½, you incur a 10% penalty. You can use your 401(k) toward buying a house

The First Labor Day Having the first Monday in September off from work was significant for American workers in 1894, when Labor Day was declared a national holiday. Working conditions in the country’s factories, railroads, mills, and mines were grim. Employees, including many children, were often required to work 12 hours a day, six days

Recourse vs. Non-Recourse Loans: An Overview A recourse loan allows a lender to pursue additional assets when a borrower defaults on a loan if the debt’s balance surpasses the collateral’s value. A non-recourse loan permits the lender to seize only the collateral specified in the loan agreement, even if its value does not cover the

Corruption is a problem all over the world. Soccer’s governing organization, Fédération Internationale de Football Association, or FIFA, is just one example, with several executives found guilty of racketeering and money laundering in 2015. The college admissions world was rocked in 2019 after several high-profile celebrities faced legal trouble—including charges of bribery and several types

We’re a nation of collectors, and more and more of us view our collectibles as alternative investments, a valuable way to diversify our assets.  According to a recent survey , one in three adult Americans reports they collect some type of physical items. Whether they’re amassing sports memorabilia or stamps, trading cards or toys, fine

The stock market reflects all known information as stated by the efficient market hypothesis, processing and assimilating new data rapidly through the mechanism of buying and selling. The stock market is also forward-looking, which explains why a company’s stock may fall, even when reported earnings improve from the previous quarter. Apple’s stock history is a

Mortgage rates have been on the rise for three consecutive days across most loan types. For its part, the flagship 30-year average has climbed more than three-tenths of a percentage point since Friday, pushing it further above the 6% mark. National averages of the lowest rates offered by more than 200 of the country’s top

Today, President Biden announced his long-awaited plan to forgive up to $10,000 in federal student loans for millions of borrowers. The President also further extended the pause on federal student loan payments, interest, and collections until the end of the year. Key Takeaways Borrowers will be able to get up to $10,000 in federal student

If you recently inherited—or expect to inherit—retirement plan assets, you should keep Sept. 30 in mind. It’s a very important date when it comes to retirement accounts with multiple beneficiaries; it’s the date for determining whether an inherited individual retirement account (IRA) has a designated beneficiary or beneficiaries. An IRA is considered to have a

95.69 The current reading of the Investopedia Anxiety Index is below neutral, indicating a lower level of anxiety. Markets Today U.S. equity markets are pointing to a flat-to-lower open following new record highs for the S&P 500 and the Nasdaq on Wednesday. It was the 51st record close for the benchmark index in 2021, and

PayPal (PYPL) is almost synonymous with online payments, but it is not alone in the growing digital money space. Nearly every consumer market is moving online. For example, consider how Amazon overtook Walmart as the world’s largest retailer. Consumers are turning to online payment systems in record numbers every year. The industry for online payment

72 The latest reading of the New York City Recovery Index out of a possible score of 100. New York City’s economic recovery index experienced a slight increase the week of Sept. 18, rising from an overall score of 71 to 72 after falling by as much as six points the week before. A partial

Imagine heading out for a hard day’s fishing and returning with a gem that stuns fishermen across the nation? That’s exactly what happened to Mark Rand and his son Luke, who caught a rare, bright blue lobster off the coast of Maine on Aug. 11, 2022. The father and son, who between them have at

Capital gains may be realized on some forms of intangible property. Intangible assets are non-physical assets, which include patents and licenses. A capital gain occurs when an asset is sold for a higher price than what it was purchased for, and those gains are considered taxable by the Internal Revenue Service (IRS). Although there are

The price-to-earnings (P/E) ratio is calculated by dividing a company’s stock price per share by its earnings per share (EPS), giving investors an idea of whether a stock is under- or overvalued. A high P/E ratio may suggest that investors are expecting higher earnings growth in the future compared to companies with a lower P/E.

A whistleblower claims that Twitter, Inc. (TWTR) has been “in violation of numerous laws and regulations” and has exhibited “extreme, egregious deficiencies” regarding privacy, security, and content moderation. Moreover, the former Twitter executive asserts that the microblogging and social media company has made misrepresentations to Tesla, Inc. (TSLA) CEO Elon Musk, who is engaged in

Key Takeaways Analysts estimate EPS of $0.50 vs. $0.94 in Q2 FY 2022. Data center revenue is expected to rise at a rapid pace YOY, but decelerating relative to the past two quarters. Companywide revenue is expected to increase, but at the slowest pace in 11 quarters. Nvidia Corp. (NVDA) has seen profits and revenue

People have many different styles and tastes when it comes to money, but making your money grow is typically considered the most fundamental investment objective. The best way to accomplish this goal will vary according to factors such as the investor’s risk tolerance and time horizon. However, there are some key principles and techniques that

Thoughts of the American Frontier, also known as the Wild West, often conjure up visions of lawlessness and expansion into new unknown territory. This period is often characterized by volatility, risk, reward, and loss. Feelings of what it was like in the Wild West often hit close to home for those who find themselves within

In the month since the Fed announced its fourth rate hike of the year, certificate of deposit (CD) rates have now risen across all the major terms. But over the most recent week, the top rate in many terms was flat, while you can now earn more on a 2-year CD, but less with a