Indices closed in the red zone on Wednesday. Brands such as Lowe’s, Home Depot and Starbucks retreated amid a variety of economic news.
Renting your home to an Airbnb guest? The IRS has specific rules for short-term rentals. We explain in this week’s Tax Tip.
Marrying for a second or third time? Consider a prenuptial agreement to protect your assets. Learn why in this week’s Financial Tip.
Indices closed out mixed on Monday. The Dow and S&P 500 added slight gains while the Nasdaq shed some points. Financial and technology brands led decliners. Moves were mixed amid a rare solar eclipse and renewed geopolitical drama.
This week on “Money Talks,” hosts Nick Antonucci, CVA, K.C. Smith, CFP®, and D.J. Barker, CWS®, discuss the market’s volatility, inflation and interest rates. Managing Associates K.C. and D.J. discuss the many financial planning areas families need to review when expanding their family with a new baby. The hosts round out the show answering listeners’ questions on the trade deficit, prime money market funds, Procter & Gamble’s proxy vote and the future of Netflix.
“Money Talks” hosts Nick Antonucci, CVA, K.C. Smith, CFP®, and D.J. Barker, CWS®, discuss the many financial planning areas families need to review when expanding their family with a new baby.
The U.S. stock indices kicked off the week with gains on Monday as investors took advantage of recent market downswings. The S&P 500 Index posted its biggest one-day gain since April. The following day, the indices closed mixed along the flat line. The Dow Jones Industrial Average ended in the green zone while the S&P 500 and NASDAQ closed fractionally in the red. Retail sales increased in July, with sales ticking up 0.6% versus expectations of a 0.4% jump. Stocks climbed Wednesday supported by a bounce-back in shares of retailers. The minutes from the Federal Open Market Committee’s July meeting were released and signaled that the unwinding of the balance sheet could occur in September. Indices closed well into the red zone on Thursday. The S&P slipped with Technology shares leading the decline, while the Dow lagged on a drop in retailers. On another note, the Department of Labor showed new jobless claims fell by 12,000 to 232,000, versus an expected drop to 240,000, from a reading of 244,000 in the previous week. The markets closed in the red zone on Friday as stocks traded lower amid “D.C. drama,” as President Trump dissolved two advisory forums comprised of top U.S. CEOs. Looking elsewhere, consumer confidence is up this month, as the University of Michigan Consumer Sentiment Survey’s preliminary reading for August showed confidence jumped 4.2 points to 97.6.
Indices closed in the red zone on Friday. Brands traded lower amid “DC drama.” In earnings moves, Ross Stores stepped up 10.67% today following the release of better-than-expected earnings on Thursday.
In today’s Marietta Daily Journal, Bil Lako, CFP®, shares tips on how grandparents can help toward higher education costs. Read the Article
You make money from your YouTube videos, but are you a business for profit or is this just a hobby? It matters to the IRS. We explain in this week’s Business Tip.