Ford jumps 8% after announcing plans to split electric vehicles and gas-powered cars into separate units

Ford stock jumped as much as 9% on Wednesday after the company unveiled its “Ford+” plan.The automaker will separate its electric vehicles unit from its gas-powered cars unit to scale EVs.Ford will retain ownership of both units rather than spinning one off into a separate company. Loading Something is loading. Ford stock jumped as much… Continue reading Ford jumps 8% after announcing plans to split electric vehicles and gas-powered cars into separate units

Here are the 5 biggest changes for tax year 2021

From COVID relief to the American Rescue Plan, there were a ton of tax changes in 2021.  What impact will all of this have on the 2022 tax season? TheStreet has partnered with TurboTax, a leading tax advisor, to get the answers. In the video above, Lisa Greene-Lewis, a certified public account (CPA) and TurboTax expert,… Continue reading Here are the 5 biggest changes for tax year 2021

Capital Group’s New ETFs: A Suite of Portfolio Building Blocks | Kiplinger

ETFs The global asset manager remained true to itself, keeping actively managed core exposure at the center of the newly launched Capital Group ETFs.Capital Group, best known for its American Funds line of mutual funds, finally dipped a toe into the exchange-traded fund (ETF) world last week. And unlike many fund launches of the past… Continue reading Capital Group’s New ETFs: A Suite of Portfolio Building Blocks | Kiplinger

Stock Market Today: Dow Drops 597 Points as Russia Escalates Attack | Kiplinger

The major market benchmarks opened lower and losses accelerated amid reports that Russia is targeting civilian areas in Ukraine, including Kharkiv, the country’s second-largest city. Additionally, after warning of “high-precision strikes,” Russian forces on Tuesday hit a TV tower in Kyiv. “The crisis in Ukraine is evolving rapidly, and with it so are investor expectations… Continue reading Stock Market Today: Dow Drops 597 Points as Russia Escalates Attack | Kiplinger

Seven Things You Should Know About Winning a Lottery Jackpot | Kiplinger

1. Your Chances of Winning Big are Itty Bitty. You might not be surprised to learn that you’re more likely to get elected to Congress than to strike it rich in the lottery. According to Powerball, the odds of winning any prize are about one in 25, but the chances of winning the big money… Continue reading Seven Things You Should Know About Winning a Lottery Jackpot | Kiplinger

Dow sinks 600 points as investors brace for Russia to intensify invasion of Ukraine

The Dow industrials tumbled 600 points Tuesday as Russia ramped up its invasion of Ukraine.  The energy sector on the S&P 500 was the only gainer as oil prices surged to 2014 highs.  Target stock was a winner after the retailer’s fourth-quarter earnings report.  Loading Something is loading. US stocks closed firmly lowers on Tuesday,… Continue reading Dow sinks 600 points as investors brace for Russia to intensify invasion of Ukraine

Investors should wait to buy the dip in stocks as instability from Russia-Ukraine crisis is set to persist, asset manager says

Investors should hold back from buying the dip in stocks with global markets shaken by Russia’s invasion of Ukraine, said Generali Investments.  Risks are tilted towards a more protracted rise in energy costs, which could hurt global growth and the earnings outlook. The S&P 500 pushed further into a correction as the stock market sold… Continue reading Investors should wait to buy the dip in stocks as instability from Russia-Ukraine crisis is set to persist, asset manager says

The stock market has more downside coming as investors chase the dip rather than throw in the towel, Bank of America says

The stock market has more downside ahead as investors have yet to throw in the towel, according to Bank of America.The bank sees the potential for the S&P 500 to fall to 3800, representing 12% downside potential.”Both late January and late February had big gap downs followed by upside reversals. However, neither period showed true… Continue reading The stock market has more downside coming as investors chase the dip rather than throw in the towel, Bank of America says