U.S. stock index futures gyrated in overnight trading on Wednesday as investors hoped that the winner of the U.S. presidential election would be determined soon. Futures contracts tied to the Dow Jones Industrial Average shed 21 points after initially moving higher out of the gate. S&P 500 futures were marginally lower, while Nasdaq 100 futures
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Guggenheim Partner’s Scott Minerd told CNBC that Wednesday’s rally on Wall Street makes sense, despite the uncertain outcome in the presidential race between President Donald Trump and Democrat Joe Biden. “I was always of the opinion, regardless of the outcome, short of getting anarchy in the street, that this would be good for stocks,” the
Rideshare driver Jesus Jacobo Zepeda of Lancaster, California takes part in a rally as part of a statewide day of action to demand that ride-hailing companies Uber and Lyft follow California law and grant drivers “basic employee rights”, in Los Angeles, California, U.S., August 20, 2020. Mike Blake | Reuters California voters gave Uber and
People watch a big screen displaying the live election results in Florida at Black Lives Matter plaza across from the White House on election day in Washington, DC on November 3, 2020. Olivier Douliery | AFP | Getty Images One day after the election, the question on everyone’s lips is still, “Who will be president
getty The Internal Revenue Service (IRS), state tax agencies and the tax industry are warning taxpayers about a new scam – by text – to trick people into disclosing bank account information in order to receive an Economic Impact Payment, or stimulus check. As part of the scam, thieves are texting messages to taxpayer. The
Fiona Petrie is the EVP and Managing Director of RE/MAX INTEGRA U.S., the U.S. branch of the world’s largest real estate sub-franchisor. getty What sets a “top” real estate brokerage apart from the rest? Generally, it is quite subjective and often based on a broker’s personal vision for their company’s success. In my experience, however, a
Dr. Saulo Castellano labels a nasal swab sample inside a drive-thru COVID-19 testing site at the Alliant Energy Center complex, as the coronavirus disease outbreak continues in Madison, Wisconsin, October 31, 2020. Bing Guan | Reuters The United States reported 91,530 new coronavirus cases on Tuesday, the nation’s second-highest daily total as millions of voters
These days, start-up investor Alexis Ohanian is perhaps best known for being married to tennis legend Serena Williams. But Ohanian is also famous for co-founding Reddit. And just as famously — or infamously — he and his co-founders sold Reddit 14 years ago for what turned out to be pennies on the dollar compared to
The exterior of the headquarters of biotechnology company Biogen in Cambridge, MA is pictured on March 21, 2019. John Tlumacki | Boston Globe | Getty Images Check out the companies making headlines in midday trading. Uber, Lyft — Shares of the ridehailing companies jumped 13.3% and 12.8%, respectively, after early voting projections suggest that Californians
FatCamera | E+ | Getty Images If you’re on Medicare, now is the time to make sure you don’t pay more for prescription drugs next year than necessary. Even if you think you don’t need drug coverage or you’re content with the plan you have, evaluating your 2021 insurance options during Medicare’s fall open enrollment
(COMBO) This combination of pictures created on October 22, 2020 shows US President Donald Trump (L) … [+] and Democratic Presidential candidate and former US Vice President Joe Biden during the final presidential debate at Belmont University in Nashville, Tennessee, on October 22, 2020. (Photos by Brendan Smialowski and JIM WATSON / AFP) (Photo by
Just the title of this article could be enough to push Dave Ramsey into anaphylactic shock. For most of his audience, having a paid-up house in retirement is a good thing—to be preserved. I am proposing an idea that will likely work with wealthier IRA owners. This idea routinely meets with massive resistance. Keeping an
getty New home building is riding a torrid—counter-pandemic, safe-haven-fueled—sales pace. This attests to the way many firms in this trillion-dollar sector have blasted into the millennium’s technological present, and they’d like to believe that present has nothing but running room ahead. Note, though, the millennium dawned two decades ago. Builders would mostly admit they’ve got
RealClearPolitics associate editor and columnist A.B. Stoddard broke down why the Biden campaign “has Sun Belt confidence” in an election night interview on CNBC’s “The News with Shepard Smith.” “The Biden camp has confidence in Georgia because of what Stacey Abrams managed to achieve when she ran for governor in 2018, just losing by 55,000
Election officials count absentee ballots at a polling place located in the Town of Beloit fire station on November 03, 2020 near Beloit, Wisconsin. Scott Olson | Getty Images Stock futures rose on Tuesday night following a sharp rally during regular trading while investors awaited the result of the presidential election. Dow Jones Industrial Average
At multiple points in the past few years, Mark Cuban said he was considering running for president in 2020. That never came to pass, and the tech billionaire and Dallas Mavericks owner is making no secret about who he wants to win on Election Day in 2020. Cuban has had no problem criticizing both President
A man walks to cast his ballot at an early voting center at the Omni Shoreham Hotel on October 27, 2020 in Washington, DC. Sarah Silbiger | Getty Images Don’t let Election Day anxiety drive your tax decisions. There are still plenty of chances to trim your 2020 tax bill — regardless of who wins
A President Donald Trump and a former Vice President Joe Biden supporter converse before the Joe Biden Campaign Rally at the National World War I Museum and Memorial on March 7, 2020 in Kansas City, Missouri. Kyle Rivas | Getty Images As Americans cast their votes on Election Day, millions are still waiting for financial
Close-up view on conceptual keyboard – Tax (blue key) getty Five years ago, the OECD released its final report on the base erosion and profit-shifting project. Tax Notes Talk host David D. Stewart chats with Deloitte’s Bob Stack, who represented the U.S. government at the OECD’s BEPS talks, about his thoughts on the project’s outcome and
Fargo, North Dakota getty It’s election day. Last night, Trump supporters gathered at rallies in Kenosha and Grand Rapids. In my own hometown, Biden supporters gathered near the commuter train station to wave their signs at passing traffic. They’re enthusiastic, that’s for sure. But will their enthusiasm translate into participation in community organizations that require