Indices closed well into red territory on Friday. Brands traded lower amid the release of GDP figures. U.S. gross domestic product climbed 2.6 percent in the fourth quarter, well shy of an expected 3.2 percent gain, and down from the third-quarter’s robust 5 percent upswing.
In today’s Marietta Daily Journal, Bil Lako, CFP®, explains how real estate investing can become a job. Read the Article
1099s for 2014 must be provided to independent contractors no later than Feb. 2, 2015. Read more in this Business Tip.
Indices closed Thursday’s session with gains. Mcdonald’s led Dow advancers after announcing that CEO Don Thompson would be leaving the company. In earnings moves, Baxter reported fourth-quarter net income of $953 million and earnings of $1.74 per share, versus net income of $326 million and earnings of 59 cents per share, in the same period, a year ago.
We explore situations where life insurance may make sense for retirees. Read more in this Insurance Tip.
Brands retreated on Wednesday following comments from the FOMC meeting. Meanwhile in earnings moves, Boeing announced total revenues that increased to $24.5 billion from $23.78 billion a year ago. EPS climbed 23 percent to $2.31, exceeding an expected $2.11.
It’s important to note that 1031 exchanges are not “tax-free” but are “tax deferred.” We explain in this Tax Tip.
Indices ended in the red zone on Tuesday. Stocks traded lower in the wake of Microsoft and Caterpillar earnings as well as a variety of economic news. Durable goods orders dipped in December. New orders for goods designed to last several years fell 3.4 percent, versus expectations of a 0.5 percent gain.
Qualifying wartime veterans and their families may be eligible for a tax-free, supplemental pension. Read all about it in this week’s Financial Tip.