The Standard & Poor’s 500 is now 19.77 percent off its Sept. 20 high.A bear market is when an index falls 20 percent or more from its recent high.
Author: Janna Herron, USA TODAY
‘Down, down, down’: Stocks sink as rate fears, shutdown gloom push Nasdaq into bear market
Stocks dropped again on Friday, capping a devastating week as investors succumbed to fears of rising rates, slowing growth and a looming shutdown.
New Experian tool allows you to instantly boost your credit score
A new tool from Experian enables you to add utility and cell phone payments to your credit file, potentially hiking your score.
Robinhood rocks banking with 3-percent savings interest rate
Robinhood debuted its own no-fee checking and savings products that earn 3 percent, the highest in the industry.
Cash deposited in Robinhood’s 3% checking and savings isn’t insured, SIPC says
Cash in Robinhood’s new checking and savings products that were rolled out this week is not insured bytheSecurities Investor Protection Corp.
Robinhood checking and savings: What we know about its relationship with SIPC, FDIC
Robinhood’s checking and savings features are not bank accounts, aren’t FDIC-insured, or protected by the SIPC. Here’s what that means.
Tax refund fraud falls as IRS, states and tax preparation companies crack down
It’s harder for a criminal to commit tax refund fraud. The number of reported tax identity theft victims through October is down, the IRS says.
After much back and forth, stocks largely end lower on lingering concerns
Stocks closed mostly lower after flipping between gains and losses. Investors weighed threats ofa government shutdown vs. easing trade tensions.
Social Security notices showing cost-of-living increases available online for retirees
The Social Security Administration this week released its cost-of-living adjustment notices online. Paper notices are also being mailed to retirees.
6 money moves to make to reduce your tax burden before year-end
Because of the new higher standard deduction, you should focus on year-end money moves that lower your taxable income, rather than max out deductions.