IG Group has agreed to buy U.S. online brokerage Tastytrade for $ 1 billion, in a move that gives the U.K.-listed spread betting company a foothold in the world’s largest derivatives market. The deal — the biggest ever acquisition for FTSE 250-listed IG Group IGG, -9.46% — comprises $ 300 …
Read More »TaxWatch: Counting on a tax refund or stimulus check? 5 things to know before filing your taxes
When Americans started filing taxes last year, unemployment was at a 50-year low, the coronavirus pandemic’s official start was two months away and some of the earliest tax filers were powered by a sense of hyper-punctuality. This year’s tax season will start against a very different backdrop. Approximately 18 million …
Read More »Market Extra: Stock market posts best Inauguration Day rise in 36 years as Biden takes office
Wall Street appeared to cheer a change of leadership in the White House, producing one of its best returns in nearly four decades on the day of a new president’s inauguration. Read: Stock-market performance under Trump trails only Obama and Clinton The Dow Jones Industrial Average DJIA, +0.83% and the …
Read More »: One of Biden’s first moves will be extending the student-loan payment pause through Sept. 30
Student-loan borrowers won’t have to resume payments on their federal direct student loans until October, the incoming Biden administration announced Wednesday. After he’s sworn in as President, Joe Biden plans to ask the Department of Education to “consider immediately” extending the coronavirus-era pause on student-loan payments and collections until at …
Read More »: Trump pardons former adviser Steve Bannon, 142 others — but not himself
In his final hours in office, President Donald Trump granted pardons and commuted sentences for 143 people early Wednesday, including a pre-emptive pardon to former White House strategist Steve Bannon. Trump did not pre-emptively pardon himself or his family members. Other prominent recipients of clemency were former Uber and Google …
Read More »: When does Joe Biden get control of the @POTUS Twitter account? A look at the presidential Twitter transition
Inauguration day is set for Jan. 20 as Joe Biden will replace Donald Trump as President of the United States. Since the November election, the transfer of presidential power between Biden and Trump has been a trending topic. Another transition taking place on Wednesday is the control over the @POTUS …
Read More »The Conversation: This is the big risk if Biden copies Trump and uses an obscure rule to cancel regulatory rollbacks
The Trump administration dedicated itself to deregulation with unprecedented fervor. It rolled back scores of regulations across government agencies, including more than 80 environmental rules. The Biden administration can reverse some of those actions quickly — for instance, as president, Joe Biden can undo Donald Trump’s executive orders with a stroke of the pen. He …
Read More »The Moneyist: My partner, 70, refuses to put his bank accounts into both our names. Do I have the right to be offended?
Dear Moneyist, I am 62 and my partner is 70. We have been together for 16 years, living together for 12 of those. We have always had separate bank accounts. ‘In 2008, we lost virtually everything in the Great Recession, and have rebuilt our assets into a reasonable position.’ We …
Read More »NewsWatch: These copper-exposed stocks can surge in 2021 as tailwinds line up, Morgan Stanley says
MARKETWATCH FRONT PAGE Copper-exposed stocks could be set to surge in 2021 and a buying opportunity may be around the corner, Morgan Stanley analysts said on Monday. See full story. Bill Gates is now the largest farmland owner in America Bill Gates may no longer be the world’s richest man, …
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