News That Matters

Tag: making

Stocks making the biggest moves after hours: Snap, Disney, Electronic Arts and more

Stocks making the biggest moves after hours: Snap, Disney, Electronic Arts and more

Finance
Check out the companies making headlines after the bell: Shares of Snap soared as much as 21 percent Tuesday following their fourth-quarter earnings beat. The tech company earned $ 390 million in revenue, beating the expected $ 378 million.The company posted losses per share of 4 cents, smaller than the expected loss of 7 cents. Global Daily active users also beat at 186 million, compared to the estimated 184.26 million, according to FactSet. Average revenue per user was $ 2.09, vs. the $ 2.05 estimated by analysts. Shares of Walt Disney rose almost 2 percent in extended trading Tuesday following better-than-expected first-quarter earnings. The...
Tips for making your last-minute year-end donations

Tips for making your last-minute year-end donations

Finance
If giving to charity is still on your agenda for 2018, there's still a window of time for you to make that year-end donation. However, if you make a mistake, your gift might not count for the 2018 tax year. Of note, new tax rules have made it more difficult to get a deduction for your donations. That is because the standard deduction is so much higher — about $ 12,000 for individuals and $ 24,000 for married couples who file jointly. And your donations (plus any other deductions such as mortgage interest, etc.) must push you over the standard de...
Trump warns US Fed against making 'yet another mistake'

Trump warns US Fed against making 'yet another mistake'

Business
US President Donald Trump has stepped up his pressure on the Federal Reserve by warning the central bank against making "yet another mistake".The Fed is widely expected to announce an interest rate rise - its fourth in a year - on Wednesday. But with financial markets in turmoil and fears of recession growing, some critics are questioning the plan.In a tweet, President Trump advised the Fed to "feel the market" and not to "just go by meaningless numbers". What's knocked markets off course? The perils of a political Federal Reserve His remarks bring unprecedented pressure on the central bank as policymakers meet in Washington for a two-day meeting.Presidents generally avoid criticising the Fed publicly, for fear of politicising the institution and underm...
As Dow continues to drop, you need to avoid making this mistake during market volatility

As Dow continues to drop, you need to avoid making this mistake during market volatility

Finance
When you hear the market has suffered a big drop, your first instinct is probably to check your investment account balances. But that is actually the opposite of what you should do, according to Dan Ariely, chief behavioral economist at Qapital, a provider of a personal finance mobile app, and professor of behavioral economics at Duke University. The advice is especially prevalent given recent market activity. The three major U.S. indexes — the Dow Jones Industrial Average, S&P 500 and the Nasdaq Composite — closed in correction territory on Friday for the first time since March 2016. Stocks extended that slid...