Personal investing

FILE - In this March 10, 2009, file photo, former financier Bernie Madoff exits federal court in Manhattan, in New York. The Supreme Court is leaving in place a lower court ruling that allows the trustee recovering money for investors in the Bernard Madoff Ponzi scheme to pursue more than $4 billion that went to overseas investors. The high court on Monday, June 1, 2020, declined to take the case. (AP Photo/David Karp, File)
June 01, 2020 - 10:17 am
WASHINGTON (AP) — The Supreme Court is leaving in place a ruling that allows the trustee recovering money for investors in the Bernard Madoff Ponzi scheme to pursue more than $4 billion that went to overseas investors. The high court on Monday declined to get involved in the case. As is usual, the...
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FILE - In this Nov. 25, 2019, file photo a sign for TD Ameritrade is shown on an office window for the brokerage in New York. The lure of snapping up stocks at bargain prices has been too strong to pass up for many people, even as uncertainty over the coronavirus pandemic clouds the market and global economic outlook. Stuck at home, but armed with online trading apps, individual investors helped drive the historic comeback for stocks since late March 2020. (AP Photo/Mark Lennihan, File)
May 14, 2020 - 1:06 pm
LOS ANGELES (AP) — The lure of snapping up stocks at bargain prices has been too strong to pass up for many people, even as uncertainty over the coronavirus pandemic clouds the market and global economic outlook. Stuck at home, but armed with online trading apps, individual investors helped drive...
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FILE - In this Nov. 15, 2019, file photo an Uber office is seen in Secaucus, N.J. Uber lost $2.9 billion in the first quarter as its overseas investments were hammered by the coronavirus pandemic. (AP Photo/Seth Wenig, File)
May 07, 2020 - 7:53 pm
NEW YORK (AP) — Uber lost $2.9 billion in the first quarter as its overseas investments were hammered by the coronavirus pandemic, but the company is looking to its growing food delivery business and aggressive cost-cutting to ease the pain. The ride-hailing giant said Thursday it is offloading...
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FILE - This Jan. 22, 2020, file photo shows the likeness of Benjamin Franklin on $100 bills in Dallas. Many Americans are struggling financially due to the coronavirus. A recent federal relief package makes it easier for them to tap into their retirement savings by loosening rules for withdrawals and loans. But should they? (AP Photo/LM Otero, File)
April 16, 2020 - 1:17 am
Many Americans are struggling financially due to the coronavirus. A recent federal relief package makes it easier for people financially harmed by the coronavirus outbreak to tap into their retirement savings for cash by loosening rules for withdrawals and loans. But should they use them? Experts...
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German Economy Minister Peter Altmaier makes a phone call prior to the weekly cabinet meeting of the German government at the chancellery in Berlin, Germany, Wednesday, April 8, 2020. In order to slow down the spread of the coronavirus, the German government has considerably restricted public life and asked the citizens to stay at home. The new coronavirus causes mild or moderate symptoms for most people, but for some, especially older adults and people with existing health problems, it can cause more severe illness or death.(AP Photo/Markus Schreiber, Pool)
April 08, 2020 - 6:31 am
BERLIN (AP) — Germany’s Cabinet on Wednesday approved legislation that will make it easier for authorities to prevent foreign takeovers of strategically important companies. The changes are meant to bring rules in Germany, Europe’s biggest economy, in line with a year-old European Union directive...
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FILE - In this Feb. 5, 2018, file photo, the seal of the Board of Governors of the U.S, Federal Reserve System lies embedded in the floor at the Marriner S. Eccles Federal Reserve Board Building in Washington. The Federal Reserve announced late Wednesday, March 18, 2020, that it will establish an emergency lending facility to help unclog a short-term credit market that has been disrupted by the coronavirus outbreak. The Fed said it will lend money to banks that purchase financial assets from money market mutual funds, including short-term IOUs known as commercial paper. (AP Photo/Andrew Harnik, File)
March 19, 2020 - 9:50 am
Washington (AP) — The Federal Reserve has set up a program to exchange dollars for foreign currency with nine central banks to support dollar lending in global markets that are under pressure from the impact of the viral outbreak. The move, announced Thursday, enables foreign banks to provide...
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FILE - This July 15, 2011, file photo shows Clorox brand products line the shelf of a supermarket in the East Village neighborhood of New York. A handful of companies are rising to new highs even as stock markets around the world tumble on worries about a rapidly spreading virus. Clorox is close to an all-time high after jumping Monday, Feb. 24, 2020, amid expectations that more homes and hospitals will use its disinfecting wipes, for example. (AP Photo/Mary Altaffer, File)
February 24, 2020 - 5:06 pm
NEW YORK (AP) — Stay indoors and stay clean. That's what Wall Street is betting people around the world will do given all the fears about a rapidly spreading virus. As stock markets tumble on worries about how much COVID-19 will harm people and slow the global economy, more than a handful of...
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Traders gather at the post of Specialist Anthony Matesic, background center, on the floor of the New York Stock Exchange, Tuesday, Feb. 18, 2020. Stocks are opening lower on Wall Street after Apple said it would fail to meet its revenue forecast for the current quarter due to the impact of the virus outbreak in China. (AP Photo/Richard Drew)
February 18, 2020 - 11:14 am
SAN MATEO, Calif. (AP) — Franklin Resources is buyingrival investment managerLegg Mason for $4.5 billion, the latest shakeup in an industry grappling with customers who continue to clamor for lower fees. Franklin Resources Inc., which operates as Franklin Templeton, said Tuesday that it will pay $...
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FILE - In this April 23, 2018, file photo, the logo for General Motors appears above a trading post on the floor of the New York Stock Exchange. Despite a 40-day strike by factory workers and slumping sales in the U.S. and China, General Motors still made money in 2019. The company posted a $6.58 billion profit for the year, but that was down almost 17% from 2018. (AP Photo/Richard Drew, File)
February 13, 2020 - 11:04 am
NEW YORK (AP) — How's your 401(k) doing? President Donald Trump likes to ask that question around the country, sometimes throwing out big gains like 90% or 95%. The average 401(k) did indeed hit a record last year, although its growth was considerably less than that. The average 401(k) balance rose...
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FILE - In this July 11, 2012, file photo, John Arensmeyer, CEO of the advocacy group Small Business Majority, poses for a portrait at the Small Business Majority office in Washington. The Setting Every Community Up for Retirement Enhancement Act, known as the SECURE Act, won final congressional approval in the Senate last month and was signed into law by President Donald Trump. One of the bill's features makes it easier for small businesses to band together to offer 401(k) and other retirement plans.“ Most small businesses simply don’t have the funds or staff to offer and manage retirement plans,” said Arensmeyer. (AP Photo/Jacquelyn Martin, File)
January 06, 2020 - 3:24 pm
NEW YORK (AP) — A new law expanding retirement plan options for small businesses may encourage more companies to offer the benefits to their workers. The Setting Every Community Up for Retirement Enhancement Act, known as the SECURE Act, won final congressional approval in the Senate last month and...
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