WASHINGTON, DC – JUNE 30: Senate Majority Leader Mitch McConnell (R-KY) speaks during a press … [+] conference following the weekly Senate Republican policy luncheon in the Hart Senate Office Building on June 30, 2020 in Washington, DC. McConnell stated that a briefing could be arranged for Senators to get more information on the report…
Getty With the recent passage of the SECURE Act, a lot of attention has been given to the benefit granted to retirees to delay their required minimum distribution till age 72, previously 70 1/2. While this added flexibility is certainly a welcome change for people with IRAs, the Act also contained a tradeoff that may…
The Coronavirus Is Not Out of Control—Yet Photo Credit: Shutterstock Recently, the headlines have been all about the rising number of new coronavirus cases. As of July 16, we hit a new high—more than 78,000. This number is up from a daily increase of 61,000 a week ago and 25,000 a month ago. Things look…
My grandmother was born in 1898 when Oklahoma was still an Indian territory. The amount of innovative inventions and new technology developed in her lifetime were amazing. Statehood, automobile, telephone, phonograph, electric lights, indoor plumbing, airplanes, space travel, and more. I remember how amazed she was to discover the microwave oven! She was an immediate adopter and marveled at…
Shell Game Getty This past Wednesday, July 15, 2020, in a surprising move, the Trump administration declared the U.S. Department of Health and Human Services would take control of the country’s coronavirus data, replacing the CDC. This change, which occurred in the midst of a resurging virus – especially in the sunbelt, has been met…
US President Donald Trump delivers a press conference in the Rose Garden of the White House in … [+] Washington, DC, on July 14, 2020. (Photo by JIM WATSON / AFP) (Photo by JIM WATSON/AFP via Getty Images) AFP via Getty Images The Senate is expected to propose a new stimulus bill next week when…
Getty Earnings season is sure to provide some fireworks this month, and after the bell yesterday Netflix NFLX disappointed with earnings that missed expectations alongside weak guidance for Q3 subscriber growth, sending the shares sharply lower on the day. This comes just as tech stocks are having their first significant pullback in some time and…
Getty The new average interest rate on a 30-year fixed-rate mortgage broke below 3% this week—for the first time ever—to 2.98%, according to Freddie Mac’s latest Primary Mortgage Market Survey. But whether most home buyers and current homeowners looking to refinance can qualify for this super low rate is another question. What You Need to…
TOPLINE The market moved lower on Friday, as investors digested mixed economic data and stocks took a hit from yet another daily record spike in new U.S. coronavirus cases. Stocks are on pace for a third straight week of gains. Angela Weiss/AFP via Getty Images KEY FACTS The Dow Jones Industrial Average was down 0.4%,…
TOPLINE The market opened slightly higher on Friday, recovering from the previous session’s losses, as investors continued to digest economic data and a sharp rise in new coronavirus cases across the country. Stocks are on pace for a third straight week of gains. Angela Weiss/AFP via Getty Images KEY FACTS The Dow Jones Industrial Average…