Your kids are too old for the family stimulus checks? You can still get a payout The temporary expansion of the child tax credit, which is part of COVID relief, is paying out “family stimulus checks” to roughly 35 million households during the latter half of this year. Families are getting payments totaling up to $1,800 for each child under 6, and as much as $1,500 for kids ages 6 to 17. But if you have slightly older, college-age children under your roof, you might qualify for some government… Source link

Stock futures held onto gains after equities’ best day since July, with the major indexes looking to shake off earlier volatility and end the week on a high note. The S&P 500 paced toward a weekly gain of 0.4% as of Thursday’s close.  Equity investors have managed to look past concerns over China Evergrande’s debt crisis, uncertainty over monetary and fiscal policy and ongoing debates in Washington over the debt ceiling to trade higher.  Cyclical stocks including the industrials, energy and… Source link

Shares of Salesforce (CRM) rallied more than 7% Thursday after the cloud-based software company boosted its full-year sales forecast as the pandemic-led shift to remote work continues to fuel demand for its products. The stock is up about 24% so far this year. The company now expects fiscal full-year 2022 sales between $26.25 billion and $26.35 billion, up from its previous forecast of $26.2 billion to $26.3 billion. Salesforce also raised its revenue outlook for fiscal year 2023 as it bets… Source link

Bill Gates is hanging on to these stocks for steady income — you can too In a world of historically low interest rates, investors would be wise to look out for dividend stocks offering solid — but stable — dividend yields. Healthy dividend stocks have the potential to: Offer a plump income stream in both good times and bad times. Provide much-needed diversification to growth-oriented portfolios. Outperform the S&P 500 over the long haul. Today, let’s take a look at three dividend plays… Source link

Sally M. Davis The author gets ready to push off his bike as he heads toward downtown Portland, Maine, from the Back Cove Trail. On the first morning of our vacation, I looked up from my phone — and saw my wife on hers. Before we set off 24 hours earlier, I vowed to go on a tech diet. Since the start of the coronavirus pandemic, I’ve spent an increasing amount time with my phone, laptop and television. Vacation was the chance to scale back and reconnect with the people who matter to… Source link

China’s Evergrande saga is troubling, and it could definitely signal coming ruptures in China’s real estate and financial markets. But suggesting it’s a “Lehman moment” gets the magnitude wrong and distorts some important lessons form the financial crash of 2008. If anything, the giant property developer poised to default on billions in debt is a “Bear Stearns moment,” a distinction that clarifies what might be similar to the 2008 crash, and what might be different. Here’s a… Source link

Longer-dated U.S. government bond yields jumped after the Federal Reserve signaled that it would likely start pulling back on its monetary stimulus in November. Since the Fed’s announcement on Wednesday afternoon, the yield on the U.S. 10-year (^TNX) climbed 10 basis points to as high as 1.41%, a figure not seen since July. The yield on the U.S. 30-year (^TYX) similarly rose as much as 10 basis points, to 1.92%. Polaris Wealth Advisory Group Managing Partner Jeff Powell said that he expects… Source link

Talk about industrial and materials stocks being as cold as a slab of frozen beef.  The industrial and materials sectors of the S&P 500 have tanked 6.49% and 7.47%, respectively, since Aug. 16, according to research out of Sundial Capital Research. That makes each sector the worst performers from within the S&P 500 over this time span. The S&P 500 is roughly flat going back to Aug. 16. Sundial says the selling pressure is “getting extreme,” and the data bears that out.  The percentage of… Source link

Google is adding a new button to Google Calendar events on mobile and the web that will immediately open a chat with meeting attendees. Google launched its rebranded version of Hangouts Chat to customers earlier this year and has slowly added more features to the main Gmail landing page, including its Zoom-like Google Meet video chat. The new Chat button appears next to the attendee list in a Calendar event. Previously, Google only offered the ability to email attendees about a meeting,… Source link

Each year, 8 million tons of plastic — the equivalent of a garbage truck load every minute — is dumped into the ocean, according to the World Economic Forum.  The Ocean Cleanup, a nonprofit engineering environmental organization based in the Netherlands, is attempting to remove as much of that plastic as is feasible. “Our strategy is really twofold,” The Ocean Cleanup CEO and Founder Boyan Slat said on Yahoo Finance Live (video above). “On one hand, stop the source, preventing more… Source link