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Month: August 2024

Upward graph line with stock market floor
Markets and Stocks

S&P 500 Extends Longest Win Streak Since November

August 20, 2024

The S&P 500 extended its longest winning streak since November, closing Monday on a positive note. Investors are optimistic about upcoming Federal Reserve announcements, while notable stock movements included gains for AMD, GM, and McDonald’s. […]

Stock market floor with upward trend and Walmart logo
Markets and Stocks

Stocks Surge on Strong Retail Sales and Impressive Walmart Earnings

August 19, 2024

Stocks soared on Thursday, driven by robust retail sales data for July and impressive earnings reports from major companies like Walmart and Cisco Systems. The positive economic indicators helped ease recession fears and boosted investor […]

Stock market graph with upward trends and green arrows.
Markets and Stocks

Stock Market Rally: S&P 500 and Nasdaq Achieve Seven Consecutive Days of Gains

August 18, 2024

The stock market saw a notable rally as the S&P 500 and Nasdaq Composite both achieved seven consecutive days of gains. Investors were buoyed by positive economic data and are now looking ahead to the […]

Professionals discussing financial documents
Taxes

IRS Restarts Processing of Some ERC Refunds: What to Know

August 16, 2024

The IRS has announced the resumption of processing certain Employee Retention Tax Credit (ERC) claims after a year-long pause. This move comes amidst ongoing audits and investigations into fraudulent claims, affecting over 1.4 million businesses […]

Smartphone with T-Mobile logo and money
Personal Finance

T-Mobile Eyes Price Hikes As AT&T, Verizon Set to Raise Rates in March

August 15, 2024

T-Mobile is considering price hikes following announcements from AT&T and Verizon that they will raise rates on certain plans in March. This comes as T-Mobile continues to expand its subscriber base and enhance its service […]

Concerned senior reviewing financial documents.
Personal Finance

Trump’s Controversial Pledge to Repeal Taxes on Social Security Benefits: What It Means for You

August 14, 2024

Former President Donald Trump has pledged to repeal taxes on Social Security benefits, a move that has sparked significant debate. While the proposal aims to attract the 67 million U.S. households receiving these benefits, experts […]

Family opening mail with joy
Taxes

New York Residents to Receive Child Tax Credit Checks in Mail

August 13, 2024

New York residents are set to receive a financial boost as Governor Kathy Hochul announces the distribution of $350 million in Child Tax Credit checks throughout August. This initiative is part of the expanded Empire […]

Graph showing stock market crash with panic sellers
Markets and Stocks

Dow Plummets 1,033 Points Amid Panic Selling: Key Factors and Market Reactions

August 12, 2024

The stock market experienced a tumultuous start to the week as the Dow Jones Industrial Average plunged 1,033 points, marking a 2.6% decline. This sharp drop was driven by a combination of factors, including concerns […]

Cash App users with phones, settlement notification visible
Bank Account

Cash App Users Eligible for Part of $15 Million Settlement: How to Claim

August 11, 2024

Cash App customers affected by data breaches and account information misappropriation can now claim part of a $15 million settlement. The breaches occurred in April 2022 and October 2023, impacting millions of users. Cash App […]

Data breach concept with binary code and lock icon
Bank Account

Massive Data Breach at National Public Data Exposes Nearly 3 Billion Individuals

August 10, 2024

A recent cyber attack on National Public Data (NPD), a background checking service, has resulted in the personal data of nearly three billion individuals being leaked. This breach, one of the largest in history, has […]

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