The S&P 500 closed at a record high Tuesday after stocks rallied seconds before the closing bell, as investors shook off headwinds on the global trade and inflation fronts. The broad market index gained 0.24% to a record close of 6,129.58, after touching an intraday record of 6,129.63 before the final bell. The Nasdaq Composite closed up […]
Global equity markets rose on Tuesday, with both the S&P 500 and European shares ending at record highs, as markets digested strong U.S. earnings, trade tariffs and a big European defence spending hike. The benchmark S&P 500 squeaked past its previous record closing high at the top of a holiday-shortened week. All three Wall Street […]
U.S. stock futures rose Monday night to kick off a holiday-shortened trading week. Dow Jones Industrial Average futures advanced 81 points, or 0.2%. S&P 500 futures and Nasdaq 100 futures climbed 0.2% and 0.1%, respectively. Wall Street is coming off a winning week for the major averages. The Dow Jones Industrial Average gained roughly 0.6% […]
Asia-Pacific markets traded mostly higher Monday, as investors parsed Japan’s fourth-quarter economic growth data, while awaiting a slew of central bank decisions from the region this week. Japan’s Nikkei 225 traded around the flatline to close at 39,174.25. while the Topix added 0.28% to close at 2,766.9. South Korea’s Kospi added 0.75% to close at […]
Millions of older Americans today count on Social Security to provide a large chunk of their monthly retirement income. And if Social Security were to cut benefits, many seniors would no doubt find themselves grappling with a major financial crisis. Unfortunately, benefit cuts are now a distinct possibility, given Social Security’s impending financial shortfall. And […]
Some Social Security beneficiaries should have already received their check for the month of February, with three more rounds of payments to follow. When you receive your payment depends on certain factors like how long you’ve been receiving benefits and the day of the month you were born. If you’re unsure when you can expect […]
When you file your taxes this year, your software of choice may prompt you to see if you’re eligible for the Saver’s Credit, which gives taxpayers under a certain income threshold a break for contributing to a retirement plan such as a 401(k) or individual retirement account. Beginning in 2027, the credit will be replaced by […]
When it comes to laundry, no one does it better than Patric Richardson! The Laundry Guy and author of “Laundry Love” and “House Love” joined us to share his money-saving laundry tips. For more great tips from Patric, check out his website and YouTube channel. I know laundry can get expensive. Between detergent, dry cleaning, and constant washing, […]
Say you have take-home pay of $3,000 a month to pay for housing, food, insurance, health care, debt repayment and, ideally, fun. Covering all that without running out of money can be hard to do and overwhelming to think about, particularly as costs rise. But budgeting may help. A budget is a plan for every […]
With cost of living pressures increasing during winter, we’ve put together some tips to help you make carbon, energy and cost savings at home. Money can have a big impact on mental health, if you’re struggling with rising costs, find out if you’re eligible for any extra support from the gov.uk Help for Households website and what support […]
On Thursday, Jan. 30, the Poughkeepsie Social Security office, located at 332 Main St., temporarily closed to undergo renovations. Residents who use services at the office have been directed instead to the Middletown Social Security office, located at 85 Crystal Run Road, for full, in-person services. There will be a small contact station at the […]
The Social Security Administration (SSA) has announced that it could take more than a year to implement the recently passed Social Security Fairness Act. The law, which was signed by President Joe Biden, aims to boost benefits for approximately 3.2 million retirees and their spouses by repealing the Windfall Elimination Provision (WEP) and Government Pension […]
