If you are unemployed, certain expenses you incur when looking for a new job may be tax deductible. Learn more in this week’s Tax Tip.
Financial brands Bank of America and Citigroup led the downswing in light trading volume Wednesday. Stocks sold off amid concern that euro zone debt woes could affect U.S. bank ratings.
Indices closed with slight gains Tuesday. Hewlett-Packard, Bank of America, and Intel led the Dow’s ascent. Stocks moved higher amid a variety of economic news.
On October 26, 2011, President Obama announced a plan that seeks to help college graduates pay back their federal student loans. The plan is an executive order and does not require approval by Congress. It is scheduled to take effect beginning in 2012. Read more in this Financial Tip.
Indices closed with losses Monday. Financial brands JPMorgan Chase, Wells Fargo and Citigroup led the decline. Stocks dipped amid lingering euro zone concerns.
Indices closed well into the green zone Friday. Walt Disney, Bank of America, Intel, and Caterpillar led the way. Stocks stepped up on signs that Italy and Greece are moving toward efforts to rein in Europe’s debt crisis.
Cash value life insurance comes in many forms, so people often get confused. Learn more how the cash value works in this week’s Insurance Tip.
Thursday’s session closed in positive territory. Cisco and Merck led the Dow’s ascent. Stocks rebounded somewhat from Wednesday’s dip amid a variety of economic news.
The Social Security Administration has announced that for the first time since 2009, a cost-of-living adjustment (COLA) will be paid to Social Security beneficiaries and Supplemental Security Income (SSI) recipients. Monthly benefits will increase 3.6% starting in January 2012 for Social Security beneficiaries and starting on December 30, 2011, for SSI recipients. Read more in this Financial Tip.
Indices finished in the red zone Wednesday. Brands such as Morgan Stanley, Goldman Sachs, and General Motors stood out among decliners on the Dow. Stocks traded lower amid renewed euro concerns, with the focus turning toward Italy.