Growing up I never wore a seat belt. In fact, my parents let me climb over the front and back seats and even let me and my siblings ride in the bed of my grandfathers pick-up truck. For the most part, you couldnt even really tell seat belts were an option because they were tucked under the seat cushion or pushed all the way to the side. Nobody wanted those things poking them in their....More>>>
When Congress changed Social Security spousal benefit provisions in November 2015, it grandfathered anyone 62 or over 62 as of January 1, 2016. The grandfathering permitted anyone meeting this birth deadline to file just for a spousal benefit starting at full retirement age, while waiting till 70 to collect their own retirement benefit, when it would start at its largest possible....More>>>
Stocks finished the week lower as oil prices fell and the Federal Reserve looks set to raise interest rates next week.
Agence France-Presse/Getty Images
The S&P 500 fell 0.4% this week after rising 0.3% to2,372.60 today, while the Dow Jones Industrial Average dropped 0.5% this week after advancing44.79 points, or 0.2%, to20,902.98 today. The Nasdaq Composite dipped 0.2%....More>>>
March 10, 2017: Markets opened higher Friday following another month of strong non-farm payroll gains. Top performing sectors today were industrials, telecoms, and utilities. The weakest performer was real-estate. WTI crude oil for April delivery settled at $48.49 a barrel, down 1.6% on the day and down more than 9% for the week. April gold dropped 0.2% on the day to settle at $1,201.40. Equities....More>>>
The Federal Government’s Thrift Savings Plan (TSP) – the retirement savings account for federal employees and military members – gets high marks from some for its subsidized costs and interest.
Members of the US military carry a huge US flag as they march during a Veterans Day Parade in New York on November 11, 2014. Veterans Day honors all who have served in the US Armed....More>>>
Congress usually reserves words like “tyranny,” “destructive,” and “dangerous” for condemning intolerant regimes in the Middle East and elsewhere.
But now those same terms are being used to call for the elimination of the federal consumer protection agency that has cracked down on big banks and shady payday lenders.
Republican Rep. Jeb Hensarling....More>>>
Patrons enjoying an evening outdoors at Bryant Park Grill & Caf茅 (Source: Company Website)
Ark Restaurants Corp. (NASDAQ:ARKR) owns and operates 21 restaurant/bars and 19 fast food concepts/catering operations with different trade names except for Gallagher’s and Rustic Inn, of which there are pairs of each. Notably, ARKR owns Bryant Park Grill &....More>>>
President Trump caused the U.S. dollar to slump Wednesday.
The dollar dropped 0.7%, a major move, after Trump told the Wall Street Journal that the dollar is “getting too strong.”
“I think our dollar is getting too strong, and partially that’s my fault because people have confidence in me,” Trump said. “But that’s hurting — that....More>>>
Fed rate hikes have generally been good for banks–but not today’s quarter point rise. What’s different?
The market clearly likes the rate hike today. The S&P 500 has gained 1% to2,388.03 at 3:01 p.m. today. The Financial Select Sector SPDR ETF (XLF) has is little changed at $24.78, while the SPDR S&P Bank ETF (KBE) has dropped 0.7% to $44.59.
The U.S. and U.K. governments stunned the world this week by declaring passengers would be forbidden from carrying many electronic devices aboard flights from airports across the Middle East and North Africa.
The sudden moves, attributed to fears terrorists could plant explosives in devices bigger than a smartphone, left airlines scrambling and travelers confused about what to do with....More>>>