Traders on the floor of the NYSE, Feb. 24, 2022. Source: NYSE U.S. stock futures were steady in overnight trading on Monday before the first trading day of March as investors continue to monitor the fighting between Russia and Ukraine. Dow futures fell 15 points. S&P 500 futures fell 0.05% and Nasdaq 100 futures dropped
admin
Traders on the floor of the NYSE, Feb. 25, 2022. Source: NYSE The NYSE and Nasdaq have announced today that they are halting trading in several Russia-based stocks that list on their respective exchanges. Much more interesting is the fact that the Russian stock market in Moscow is closed, but U.S.-based Russian exchange-traded funds are
A trader works at the New York Stock Exchange on Feb. 25, 2022. Xinhua News Agency | Xinhua News Agency | Getty Images Everyday investors may unknowingly have exposure to Russian stocks — but the good news is, those holdings likely represent a small part of their overall portfolios. Investments linked to Russia have taken
Four-time NBA champion Shaquille O’Neal issued a stark warning to the Los Angeles Lakers Monday, saying despite an abysmal season, it would be a huge mistake to trade the team’s biggest superstar, Lebron James. “If you trade LeBron, you’ll never win again,” O’Neal said of the Lakers in an interview with CNBC. While the NBA
New homes under construction by CastleRock Communities in Kyle, Texas, in November 2021. Matthew Busch | Bloomberg | Getty Images Record increases in home prices are also pushing up the amount of equity people have in their abodes. For many Americans, that means they can borrow more against what is often their biggest asset. However,
Russia’s Aleksandr Erokhin in action with Cyprus’ Grigoris Kastanos, Gazprom Arena, Saint Petersburg, Russia, November 11, 2021. Anton Vaganov | Reuters Russia’s soccer teams were suspended indefinitely from international competition by major governing bodies Monday because of the country’s invasion of Ukraine. The ban means that Russia’s national team will be blocked from playing in
In this article BP.-GB NOC FL REGI FHN The Raytheon stand is seen at the 53rd International Paris Air Show at Le Bourget Airport near Paris, France June 21, 2019. Pascal Rossignol | Reuters Check out the companies making headlines in midday trading. Defense stocks — Defense stocks rose as the conflict between Russia and
The central processing plant for oil and gas in Salym, Russia, Feb. 4, 2014. Salym Petroleum Development is a venture between Shell and Gazprom Neft. Andrey Rudakov | Bloomberg | Getty Images Shell said Monday it is ending an “equity partnership” with Gazprom, a Russian state-owned energy company, as the Russia-Ukraine conflict continues. Shell said
Tetra Images | Getty Images The IRS has already issued 22 million refunds, at an average $3,536 each. That’s $700 more than last year, when the average refund was just over $2,800. For most people, a lump-sum payment of this size is rare. “The tax refund is often the biggest windfall households receive all year,” said
Getty Images If you’re considering a Roth conversion, stock market drops may make the strategy more appealing, according to financial experts. While the popular move, allowing higher earners to bypass income limits for Roth individual retirement account contributions, was in peril as House Democrats passed Build Back Better, the spending package stalled in December. Nevertheless,
Anchiy In 2021, amid the ongoing pandemic and “Great Resignation,” Americans filed a record 5.4 million applications for new businesses, according to data from the U.S. Census Bureau. That means a lot of new business owners are facing their first filing season. While many people can file their personal returns on their own, tax experts
One of the greatest challenges of lawmaking is recognizing when a beautiful theory must succumb to an ugly fact. The purity of conceptual policymaking must take the real world into account and acknowledge that things that work well “in theory” sometimes fail spectacularly to meet expectations “in practice.” It would be wonderful if a policy