Retired? Here’s when you don’t have to file your taxes – and when you do

Not all seniors need to file a tax return, but others may incorrectly think they fall in this category – don’t make that mistake.  Retirement Tip of the Week: If you don’t plan to file a tax return th...

U.S. Treasury bars Russia payments in dollars from US accounts

The U.S. Treasury Department will not allow any Russian government debt payments from accounts at U.S. financial institutions to be made in U.S. dollars, restricting one of the strategies President Vl...

‘Only a few’ cryptos should avoid SEC oversight, Chairman Gensler says

The vast majority of crypto tokens in circulation are securities that should be overseen by the Securities and Exchange Commission, Chairman Gary Gensler said in a speech Monday. “The fact is, most cr...

Ukraine war, inflation and need for higher interest rates creating ‘unprecedented’ situation, says Jamie Dimon

JPMorgan Chase & Co. CEO Jamie Dimon said the Western world faces “challenges at every turn” but the U.S. economy remains strong, according to his annual letter to shareholders. JPMorgan’s JPM, +0...

China Revises Delisting Rule. But Investors May Want to Sell on the Rally.

Text size The probability of a mass delisting of Chinese stocks like Alibaba may have ticked lower with revised rules from China’s regulators. Greg Baker/AFP via Getty Images The probability of ...

The Investor Who’s Sticking With Russia

Russian stocks crashed after Vladimir Putin waged war on Ukraine. That’s when David Amaryan started buying. Investors were dumping anything Russian, and the hedge-fund manager was happy to take the ot...

China’s Bet on Sending Its Exports Through Russia Hits Setback

Sanctions imposed on Russia are disrupting China’s ambitions to move more exports to Europe, a setback for the $4 trillion effort championed by Chinese leader Xi Jinping to cement his country as the w...

I’m 67 and retired with $57,000 left on my mortgage and $600,000 saved for retirement — should I pay off my home now?

I am 67 years old, single and retired at 66. After taxes, I receive $3,100 per month from a pension. After taxes and my Part B Medicare payment, I receive $2,100 per month from Social Security. I have...

Biden says latest Strategic Petroleum Reserve release could cut gas prices 10 to 35 cents per gallon — but some experts worry about long-term costs

President Joe Biden announced Thursday the daily release of 1 million barrels of oil from the country’s reserves for the next six months as a way to bring down gas prices that have been breaking recor...

Kremlin demands rubles for gas, leaves currency loophole

Russian President Vladimir Putin issued a decree Thursday demanding payment for natural gas in rubles but appeared to temper the order by allowing dollar and euro payments through a designated bank, t...

Mortgage rates zoom past 4.5% — here’s what home buyers need to know

Mortgages rates keep climbing, and that poses a major challenge for families looking to score a deal during the busy spring home-buying season. The benchmark 30-year fixed-rate mortgage averaged 4.67%...

Baidu Stock Drops. It’s One of 5 Stocks Added to the SEC’s Delisting Watchlist.

Text size LIU JIN/AFP via Getty Images Baidu stock was dropping Thursday after U.S. regulators added the Chinese search giant to its growing list of companies that could be removed from American stock...

Cannabis company that DEA is allowing to grow for research purposes to list shares on Nasdaq

Bright Green Corp., a Fort Lauderdale, Fla.-based company with conditional approval from the U.S. Drug Enforcement Administration (DEA) to produce federally legal cannabis, on Tuesday filed plans to d...

Russia Built Parallel Payments System That Escaped Western Sanctions

Western sanctions have disrupted nearly every part of Russia’s financial system, but there is one big exception. The domestic-payments system continued to work smoothly after Visa Inc. and Mastercard ...

Robinhood extends trading hours from 7 a.m. to 8 p.m. — 3 rookie mistakes when trading stocks after hours

At 7 a.m., it can be the time for a morning coffee while 8 p.m. can be time to have supper, watch your favorite television shows, or even enjoy a glass of wine. If you have a Robinhood account, it’s a...

You could be getting the wrong Social Security benefit check – here’s how to fix it

Want to get the most out of your Social Security retirement benefits? Make sure your work history and statements are correct.  Retirement Tip of the Week: Look over your Social Security statements to ...

Opinion: Russia just made a case for owning gold—and nobody noticed

Here’s a strong argument for adding some gold bullion to your retirement portfolio right now, alongside those stocks and bonds. And it comes courtesy of Pavel Zavalny, the head of the Russian parliame...

How Russia’s Central Bank Engineered the Ruble’s Rebound

The ruble is in a central-bank-induced coma. While Russia’s currency can still see sharp swings in a day, it has trimmed its steep losses and begun to stabilize. It is now trading at around 99 rubles ...

Opinion: The Trust Act is not the way to fix Social Security

Last month, I was invited to a forum on “Trust Fund Solutions,” which means Sen. Mitt Romney (R-Utah) is still pushing his TRUST Act. One of the bill’s co-sponsors — Sen. Angus King (I-Maine) — also a...

Fertilizer Stocks Soar on Putin’s War. Proceed With Caution.

Text size Nutrien’s potash mine in Saskatoon, Canada. Potash fertilizer prices have soared by three-quarters this year. James MacDonald/Bloomberg Haven’t earned enough on your oil stocks since R...

China’s Big Tech Firms Are Axing Thousands of Workers

BEIJING—China’s biggest tech companies are conducting large-scale layoffs this year as they deal with an economic slowdown and Beijing’s regulatory pressure. Tencent Holdings Ltd. TCEHY -7.14% , opera...

Equifax, TransUnion and Experian will soon stop counting medical debt in credit reports — now, for the bad news

The nation’s three major credit bureaus say they are overhauling how they include medical debt in a consumer’s credit history. The agencies said the removal will result in nearly 70% of the medical de...

France is considering raising its retirement age to 65

French workers may see their legal retirement age jump from 62 to 65 if President Emmanuel Macron gets his way.  Macron, who is running for reelection, said the move is a natural progression. “We are ...

China Gives Alibaba, Other Stocks a Lifeline. Can It Last?

Text size China said it would roll out market-friendly policies to help boost the stock market. Peter Parks/AFP via Getty Images With a handful of vague comments about rolling out market-friendly poli...

China’s Intervention Sends Stocks Soaring. Powell’s Unlikely to Make That Big a Splash.

The Chinese government just had the sort of impact on markets that the Federal Reserve can only dream about. In fairness to the Fed, it hasn’t spent the best part of a year undermining the stock marke...

Nokia stock rallies after Raymond James says it’s OK to buy now

The U.S.-listed shares of Nokia Corp. got a boost Monday, after Raymond James analyst Simon Leopold upgraded the Finland-based network infrastructure company, citing an improving competitive position ...

Tencent Stock Sinks on Report of Record Money-Laundering Fine

Text size Tencent headquarters in the southern Chinese city of Shenzhen, in Guangdong province. Noel Celis/AFP via Getty Images Tencent Holdings dropped almost 10% after The Wall Street Journal report...

Chinese Stocks Plunge After SEC Stokes Delisting Concerns

A further step by the Securities and Exchange Commission toward forcing companies from China off American exchanges helped trigger the worst decline in U.S.-listed Chinese stocks since the global fina...

SEC-targeted Chinese companies slump; Yum China warns of 2024 delisting risk

Shares of Chinese companies flagged for possible delisting in the U.S. slid in Hong Kong and Shanghai trading Friday, a move that analysts said highlighted geopolitical tensions but would have little ...

OPEC: There’s ‘no capacity’ to replace Russia’s 7 million barrels of oil per day

“ “There is no capacity in the world that could replace 7 million barrels per day.”” That was OPEC Secretary General Mohammed Barkindo talking to reporters about potential bans on Russian oil imports ...

Semiconductor, PC stocks rally after Biden touts importance of U.S. chip manufacturing

Chip-related stocks and shares of computer makers surged Wednesday following a push by President Joe Biden to pass legislation that would result in more than $50 billion in government subsidies to bui...

Putin signs decree to prohibit leaving Russia with more than $10,000 in foreign currency

Russian President Vladimir Putin on Tuesday signed a decree that prohibits taking more than $10,000 worth of foreign currency in cash and “monetary instruments” out of Russia. The move comes in respon...