Financial related news.
NEW YORK (AP) — Why is the stock market so happy and the bond market so gloomy? Just as the S&P 500 was setting a record high on Thursday, bond yields were tumbling to their lowest levels since Donald Trump was elected. The yield on the 10-year Treasury, which influences rates for mortgages and other [...]
Central Ohio was among the top metropolitan areas with the highest salaries for technology workers last year. The region ranks No. 26 among 100 metro areas with the average salary of $89,085 for tech workers in 2018, a 1.1 percent increase from 2017, according to Business.org. "Columbus is Ohio's top city for tech workers — [...]
Sure it’s nice to have your groceries delivered now and then. Ditto dinner. Want to stream your favorite movies? Why not. Curated clothes and books sent to your home? Yes please. But too much convenience can cost you. “It’s very easy for consumers to lose track of what they are purchasing,” said Kate Ryan, a [...]
When the Federal Reserve cuts interest rates, or even hints that it’s about to, investors cheer. That’s because lowering rates stokes the overall economy, which sends stock prices higher — usually, that is. The Fed has initiated 16 rate cut cycles since World War II. In 11 of those cycles, the stock market was higher [...]
When the Federal Reserve cuts interest rates, or even hints that it’s about to, investors cheer. That’s because lowering rates stokes the overall economy, which sends stock prices higher — usually, that is. The Fed has initiated 16 rate cut cycles since World War II. In 11 of those cycles, the stock market was higher [...]
The Treasury Department issued final rules this week that would clamp down on taxpayers trying to circumvent a new cap on state and local tax deductions. The Tax Cut and Jobs Act, promoted by the Trump administration and passed in late 2017, limits the amount of state and local taxes that can be deducted on [...]
NEW YORK (AP) — Once this trade-war cloud gets lifted, investors should have little to worry about, right? Monday’s market action makes it seem that way: Stocks around the world climbed after President Donald Trump withdrew a threat to impose tariffs on Mexico, at least for now. That leaves investors hoping for a deal to [...]
CHICAGO (AP) — Seniors in major metropolitan areas, especially in the Northeast and around Washington, D.C., are more likely to continue working past age 65 than those in other areas around the country, according to an analysis of Census data by The Associated Press-NORC Center for Public Affairs Research. “Those are the areas where all [...]
My partner had a goal: He wanted to be a homeowner by 30. A natural at saving, he built up a down payment throughout his mid-20s. I, on the other hand, always struggled to save. That put us in very different financial positions when it came time to buy a house. We were committed to [...]
My partner had a goal: He wanted to be a homeowner by 30. A natural at saving, he built up a down payment throughout his mid-20s. I, on the other hand, always struggled to save. That put us in very different financial positions when it came time to buy a house. We were committed to [...]