Lifestyle March 16, 2021 COVID-19: Impact on Accounting & Financial Reporting Covid-19 has made an impact on every single person and business around the world. The pandemic has left many firms and institutions unsure of their financial status, mainly because many companies didn’t expect it and even more haven’t planned …
Read More »: Are financial markets closed for Martin Luther King Day?
Stock and bond markets in the U.S. will be closed Monday, January 18 in observance of Martin Luther King, Jr. Day, offering traders a short break from what’s already been a hectic year. The Securities Industry and Financial Markets Association, or Sifma, has recommended that bond markets close for the …
Read More »Outside the Box: 7 financial resolutions that can boost your wealth for a lifetime
Every year at this time, the financial media is filled with lists of how to be a better investor. This got me to thinking: If these lists are so effective, why do we need a fresh set of them every year? Two answers come immediately to mind. First, investors are …
Read More »FA Center: Why focusing on short-term results can short-circuit your investments and financial advice
Now is when investors need to be especially vigilant to avoid recency bias, which occurs when we give greater weight to events that have happened recently than those that occurred further in the past. Investors are guilty of this, for example, when they get rid of a financial adviser with …
Read More »The Moneyist: I received a financial gift from my mother. I returned it to her 5 years ago. Now that we’re divorcing, my husband says half of that money belonged to him
Dear Moneyist, I received a gift from my mother several years ago. She transferred a substantial amount of money into a bank account under my name only. My husband persuaded me to add his name to the account several months later. The money was not touched for several years. No …
Read More »No-Nonsense College: To get the most college financial aid, you need to plan 2 years ahead
Agence France-Presse/Getty Images As high-school seniors finalize their college applications, parents are sweating over the dreaded Free Application for Federal Financial Aid (FAFSA) form and financial aid applications from the colleges themselves. Unfortunately, many have probably missed their best chance to position themselves for the best financial aid deals. Hey, …
Read More »Earnings Watch: Uber will take a financial hit no matter what California voters decide
Uber is scheduled to report third-quarter earnings Thursday. AFP via Getty Images When Uber Technologies Inc. reports financial results two days after Election Day, it may not know the fate of its business in its home state, but its bottom line will be affected either way. Uber UBER, +4.19%, ride-hailing …
Read More »NewsWatch: Financial markets have waited patiently for fiscal stimulus. That might change soon
MARKETWATCH FRONT PAGE We may be retrenching to the stock market-economy disconnect of the spring, and some analysts think something’s gotta give. See full story. I’m 63, my husband is 70, we’ll have $ 90,000 a year in retirement — how can we claim our Social Security benefits? Have a …
Read More »As Trump says he’s abandoned stimulus talks, renters and landlords face a financial cliff
President Donald Trump has quashed hopes for a new federal stimulus package before the presidential election in November. And that could leave America’s renters and landlords in a lurch. On Twitter TWTR, +0.26% Tuesday afternoon, Trump initially said that he had instructed his team to stop negotiating with Democrats until …
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