Disabled taxpayers may qualify for tax credits or benefits. We highlight several that may help you save in this week’s Tax Tip.
Stocks traded with mixed moves on Tuesday. The Dow managed to maintain early gains, the S&P 500 tacked on a few points, while the Nasdaq closed in the red. 3M and Johnson & Johnson led blue chip advancers, while Apple led the dip.
529 Plans are known for their flexibility for college savings. We answer some frequently asked questions in this week’s Financial Tip.
Indices closed well into red territory on Monday. Technology brands such as Apple, Microsoft, Google and Amazon traded lower today on a variety of economic data.
This week on “Money Talks,” hosts Jennifer Thomas, CFP®, Scott Keller, CFA, and Troy Harmon, CFA, CVA discuss the week’s market action, the Fed’s news that affected the market, and earnings from AutoZone, Carnival Corp., and Darden Restaurants. The hosts also discuss Volkswagen’s scandal of circumventing emissions tests with their clean diesel engines. They answer listeners’ questions on casino operator Pinnacle Entertainment, health care company Centene Corp. and small-cap technology company NIC, Inc. The experts also delve into a case study on using a 401(k) rollover as a business startup.
Our experts discuss using a retirement plan rollover as a funding for a business start-up.
The week began just slightly up after last Friday’s red session. While the broader market experienced gains, the overall results were tempered with a tumble in Biotechnology stocks following criticism from Hilary Clinton and the New York Times. Global stocks fell the next day, dragged down by shares of miners and other raw materials producers. Biotechnology drug makers suffered another day of criticism, resulting in their stock prices declining. Stock prices in Europe fell on news that Volkswagen’s clean diesel engines produce more emissions than U.S. and European standards allow. U.S. stock markets continued to lag mid-week with crude oil falling to $44.48 a barrel. Down trading sessions on Thursday and Friday cumulated the week’s red results. Labor Department data showed new jobless claims climbed by 3,000 to 267,000.
Our stock analysts discuss Volkswagen’s scandal of circumventing emissions tests with their clean diesel engines. They explore how the problems with diesel engines may affect other engine makers from sports car maker Porsche to industrial truck engine maker Cummins.
Our experts discuss listeners’ questions on casino operator Pinnacle Entertainment, health care company Centene Corp. and small-cap NIC, Inc., a company that helps governments use the Internet. They also discuss the tax on a foreign inheritance.
Volatile trading action led to a red session on Thursday. Caterpillar stood out among Dow decliners after announcing a 5K job cut. Meanwhile, Netflix tacked on gains following news of a partnership with virtual reality company Oculus.