Like GameStop, AMC stock is now riding the Reddit wave: What is a meme stock and is it right for your market portfolio?

Like GameStop, AMC stock is now riding the Reddit wave: What is a meme stock and is it right for your market portfolio?

It’s not often that companies try to sell their stock alongside a warning that, if you buy shares, you could lose it all. But that’s precisely what AMC Entertainment did... Read more »
Ally Bank ends all overdraft fees, first large bank to do so

Ally Bank ends all overdraft fees, first large bank to do so

Ally Financial is ending overdraft fees entirely on all of its bank products, becoming the first large bank to end overdraft fees across its entire business. It’s a major move... Read more »
Tax Day 2021: Haven’t done your taxes yet? 12 tips for last-minute filers

Tax Day 2021: Haven’t done your taxes yet? 12 tips for last-minute filers

Tax Day is here! It’s down to the wire for some Americans, so be careful not to make sloppy mistakes or you could miss out on a larger refund, owe... Read more »
Unemployment $10,200 tax break: Single taxpayers who lost work in 2020 could see extra refund money soonest

Unemployment $10,200 tax break: Single taxpayers who lost work in 2020 could see extra refund money soonest

More than 10 million people who lost work in 2020 and filed their tax returns early this year are going to get a special review of their tax returns, which... Read more »
Overdraft fees hit lower-income Americans hardest. Will other banks follow Ally in ending them?

Overdraft fees hit lower-income Americans hardest. Will other banks follow Ally in ending them?

Americans whose income took a hit from the coronavirus pandemic have paid more in overdraft fees than those who weren’t financially hurt by COVID-19. People of color, for instance, are... Read more »
ProPublica: Many of the uber-rich pay next to no income tax

ProPublica: Many of the uber-rich pay next to no income tax

The rich really are different from you and me: They’re better at dodging the tax man. Amazon founder Jeff Bezos paid no income tax in 2007 and 2011. Tesla founder... Read more »
IRS sends out letters about the new Child Tax Credit

IRS sends out letters about the new Child Tax Credit

More than 36 million families will receive letters from the Internal Revenue Service about monthly Child Tax Credit payments from July through December. The American Rescue Plan, signed into law... Read more »
How the Vanguard ETF VOO could make you a millionaire

How the Vanguard ETF VOO could make you a millionaire

Is your goal to retire a millionaire? If so, you’re in good company. And in reality, a few million dollars isn’t an unreasonable goal for a retirement nest egg. Remember,... Read more »
Microsoft, PayPal, Okta: New investors should consider these 3 great starter stocks

Microsoft, PayPal, Okta: New investors should consider these 3 great starter stocks

As a new investor, it’s important to consider your risk tolerance. Some people may be more comfortable with exchange-traded funds (ETFs), while others may prefer to pick stocks. If you... Read more »
Investing can get expensive: Here are 3 ways to start with $100 or less

Investing can get expensive: Here are 3 ways to start with $100 or less

Investing in the stock market can help you build long-term wealth, but it can get expensive quickly. Some stocks cost thousands of dollars per share, and you’ll need to invest... Read more »
If you’re going to buy cryptocurrency, this coin should be your first buy

If you’re going to buy cryptocurrency, this coin should be your first buy

The cryptocurrency space has been abuzz in recent months, with prices spiking to begin the year and then dropping sharply, new coins consistently coming to market, and heightened speculation about... Read more »
Have you tried not doing anything? Here are 5 reasons not to sell during a market crash.

Have you tried not doing anything? Here are 5 reasons not to sell during a market crash.

When volatility surges and chaos reigns in the market, the temptation to sell your stocks is quite acute. Especially if you love to get minute-by-minute price updates from your phone,... Read more »
Low on cash? Here are 3 ways to diversify your investments when money is tight.

Low on cash? Here are 3 ways to diversify your investments when money is tight.

You’ll often hear that having a diverse portfolio could be your ticket to not only growing wealth in the stock market, but also protecting yourself during periods of volatility. To... Read more »
The Oracle of Omaha bets on Cincinnati: Warren Buffett becomes No. 3 holder in Kroger

The Oracle of Omaha bets on Cincinnati: Warren Buffett becomes No. 3 holder in Kroger

Kroger appears to have a new superfan: legendary investor Warren Buffett, who has become the grocer’s third-largest shareholder. Hailed as the “Oracle of Omaha,” Buffett is widely considered one of... Read more »
Bank CEOs return to Congress at time of deep partisan divide

Bank CEOs return to Congress at time of deep partisan divide

The heads of Wall Street firms were on Capitol Hill for hearings this week where the big banks are likely to be scolded by members of Congress on both sides... Read more »
Stocks give up an early gain and end lower on Wall Street

Stocks give up an early gain and end lower on Wall Street

Wall Street capped a listless day of trading Tuesday with a modest pullback for the major U.S. stock indexes, giving back some of the market’s gains after a solid start... Read more »
Stocks climb on Wall Street as appetite for risk returns

Stocks climb on Wall Street as appetite for risk returns

Stocks closed higher on Wall Street Monday, and the broad rally helped the S&P 500 claw back more than half of its losses over the past two weeks. The benchmark... Read more »
‘We’ve had such a strong start to the year we tend to take a break’: US stocks slip further from records amid inflation fears

‘We’ve had such a strong start to the year we tend to take a break’: US stocks slip further from records amid inflation fears

U.S. stocks slipped on Monday, tacking more losses onto last week’s stumble, as worries about inflation continue to dog Wall Street. The S&P 500 dipped 10.56, or 0.3%, to 4,163.29,... Read more »
Stocks close higher with help from tech, still down for week

Stocks close higher with help from tech, still down for week

Stocks marched solidly higher again Friday, though the major indexes still ended with their worst weekly loss since February after a sharp pullback earlier in the week. The S&P 500... Read more »
Stocks manage modest gains overall

Stocks manage modest gains overall

Wall Street wrapped up another wobbly day of trading Wednesday with modest gains for the major stock indexes, as energy and technology companies kept losses elsewhere in the market in... Read more »

Are rising prices and inflation going to hurt your investments? Here’s how to protect your nest egg.

Americans are paying more for everything from rental cars to hotels this spring because of pent-up demand for travel, which has been juiced by extra cash from stimulus checks. But... Read more »
Stocks rise as economy shows more signs of improvement

Stocks rise as economy shows more signs of improvement

U.S. stock indexes closed mostly higher Thursday following economic reports showing that layoffs are falling and the economy is growing. The S&P 500 rose 0.1% after giving up most of... Read more »
Stocks close modestly higher after choppy day on Wall Street

Stocks close modestly higher after choppy day on Wall Street

A choppy day of trading on Wall Street ended with stocks closing higher Wednesday, reversing much of the S&P 500′s modest pullback the day before. The benchmark index ended just... Read more »
How crypto coin scams use celebrity imposters, other tricks to steal cash

How crypto coin scams use celebrity imposters, other tricks to steal cash

Mix two hot trending names – cryptocurrency and Elon Musk – and well, you’ve got a recipe for ripping people off. During the past six months, consumers reported losing more... Read more »
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