Scott Berg’s T. Rowe Price Global Growth Stock Fund last year more than doubled the return of the S&P 500 Index and did even better against its benchmark by betting on large-cap technology companies and next-generation disruptors. In an interview, Berg, who joined T. Rowe Price as an analyst in …
Read More »: Biden administration to extend student loan payment pause on Day 1, transition officials say
Once in office, President-elect Joe Biden will extend the coronavirus-era payment pause on student loans, a member of his transition team told reporters Friday. “On Day 1, the president-elect will direct the Department of Education to extend the existing pause on student-loan payments and interest for millions of Americans with …
Read More »The Moneyist: I pay my gardener $100 a month. Should I pay him less if he misses a week here and there because of rain?
Dear Moneyist, I pay my gardener $ 100 per month. He or one of his employees comes once a week on Mondays, and does a pretty good job. When the weather is rainy, he does not come until it is dry, so sometimes there is a week where he does …
Read More »Mark Hulbert: What types of bonds should retirees own?
Ready for this week’s retirement investing pop quiz? In what kind of bonds should you invest the fixed income portion of your portfolio if you thought that a huge economic downturn was just around the corner—U.S. Treasurys or High-Grade Corporate Bonds? The standard answer from most financial planners is the …
Read More »: Death of Capitol Police officer confirmed; chief resigns after siege
A U.S. Capitol Police officer died Thursday from injuries suffered in Wednesday’s pro-Trump riot at the U.S. Capitol, and the department’s chief resigned following withering criticism over his handling of the situation. In a statement Thursday night, the Capitol Police said Officer Brian Sicknick, a 12-year veteran of the department, …
Read More »Earnings Results: Micron stock rises after earnings, outlook easily exceed expectations
Micron Technology Inc. shares rose in the extended session Thursday after the memory-chip maker’s earnings confirmed that the industry is turning a corner. Micron’s MU, +2.59% results and forecast topped Wall Street estimates, and shares rose 1.5% after hours, following a 2.6% rise to close at $ 79.11 in the …
Read More »: Gig workers are eligible for extra unemployment under new stimulus deal — but they must clear one big hurdle first
In an effort to combat fraudulent unemployment insurance claims, which have been rampant in some states during the pandemic, gig workers and self-employed workers will be required to provide documentation of their earnings to get unemployment benefits under the new stimulus package. Gig workers and self-employed people aren’t traditionally eligible …
Read More »: Twitter and Facebook temporarily lock Trump’s accounts following Capitol siege
Social media companies condemned a video posted by President Donald Trump during a withering assault on Capitol Hill on Wednesday, prompting Twitter to lock his account for 12 hours and threaten to permanently ban it, while Facebook imposed a 24-hour block. Facebook and Alphabet excoriated the president but stopped short …
Read More »Capitol Report: Congress looks to resume confirmation of Biden victory after protesters storm Capitol building in Washington
A joint session of Congress remains on recess Wednesday evening after protesters broke into the Capitol building during a joint session meant to officially confirm President-elect Joe Biden’s victory in the November presidential election, though many members say the proceedings will resume some time Wednesday night. The building was first …
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