Stocks Regain Ground After Early Move To The Downside – U.S. Commentary

Stocks Regain Ground After Early Move To The Downside – U.S. Commentary
After an early move to the downside, stocks have regained ground over the course of the trading session on Monday. The major averages have climbed well off their worst levels of the day. Currently, the major averages are turning in a mixed performance. While the Dow is up 5.89 points or less than a tenth of a percent at 25,345.88,... Read More

Kimco Realty expects to get better lease prices for its 14 Sears locations

Kimco Realty expects to get better lease prices for its 14 Sears locations
Mall real estate investment trust Kimco Realty Corp. KIM, -1.27% said Monday it expects to benefit from the bankruptcy filing by Sears Holdings Corp. SHLD, +18.97% The company said its exposure to Sears is limited to 14 leases, eleven of which are for Kmart stores, equal to about 1.9% of its total gross leasable area. “Today’s announcement may afford us... Read More

Jared Kushner hasn’t paid federal income taxes in years: New York Times

Jared Kushner hasn’t paid federal income taxes in years: New York Times
Although Jared Kushner’s net worth has quintupled to nearly $324 million in the last decade, he appears to have dodged federal income taxes for several years now, according to a New York Times investigation published Saturday. Kushner, a senior White House adviser and President Trump’s son-in-law, managed to avoid hefty tax bills thanks to millions of dollars in losses he... Read More

Stocks Finish Volatile Trading Session Sharply Lower – U.S. Commentary

Stocks Finish Volatile Trading Session Sharply Lower – U.S. Commentary
Stocks saw substantial volatility over the course of the trading session on Thursday before ending the day sharply lower. The major averages finished the day firmly in the red, adding to the steep losses posted in the previous session. The major averages closed firmly in negative territory but off their lows of the session. The Dow plunged 545.91 points or... Read More

TSX Plunges Sharply On Growth Concerns

TSX Plunges Sharply On Growth Concerns
The Canadian stock market plunged sharply on Wednesday, with investors indulging in heavy selling across the board, amid growing concerns over a slowing global economy. Rising bond yields and prospects of more interest rate hikes in the U.S. and Canada weighed on the market. The sell-off on Wall Street and falling European markets hurt sentiment. Crude oil’s decline amid speculation... Read More

Fannie Mae appoints interim CEO

Fannie Mae appoints interim CEO
Fannie Mae , one of the government-backed enterprises that guarantees most U.S. mortgages, on Monday said it appointed Hugh Frater as interim chief executive officer, replacing outgoing CEO Tim Mayopoulos. If approved by Fannie’s regulator, the Federal Housing Finance Agency, Frater will start his new role October 16. Mayopoulos announced in July plans to leave on Oct. 16. Frater is... Read More

Stocks Give Back Ground But Close In Positive Territory – U.S. Commentary

Stocks Give Back Ground But Close In Positive Territory – U.S. Commentary
Stocks saw notable strength in morning trading on Wednesday before giving back some ground in the afternoon. Despite the pullback by the major averages, the Dow still ended the session at a new record closing high. The major averages closed in positive territory but well off their best levels of the day. The Dow rose 54.45 points or 0.2 percent... Read More

Trump’s father gave his son at least $413 million: New York Times

Trump’s father gave his son at least $413 million: New York Times
By Senior economics reporter President Donald Trump’s father gave enormous sums of money to his son over his entire life, playing a much bigger role than previously known in making the president a rich man, according to a New York Times investigation published Tuesday. According to the report, Trump was earning $200,000 a year from his father’s empire by the... Read More

Stocks Close Roughly Flat Following Lackluster Session – U.S. Commentary

Stocks Close Roughly Flat Following Lackluster Session – U.S. Commentary
After ending the previous session mostly higher, stocks fluctuated over the course of the trading session on Friday. The major averages spent the day bouncing back and forth across the unchanged line before ending the day roughly flat. The major averages eventually ended the day on opposite sides of the unchanged line. While the S&P 500 edged down by just... Read More

Here's What It Would Take to Retire Now

Here's What It Would Take to Retire Now
Are you ready to retire? Nearly half of Americans expect to retire in their 60s, found a GOBankingRates survey. You might already be that age and trying to decide if you’re ready to leave the workforce. Or, you might be much younger and hoping to kiss the 9-to-5 goodbye. Whatever your age, retirement might be possible for you. It comes down... Read More