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The Great Resignation is still in full swing. Here’s what to know
A Now Hiring sign is displayed at a restaurant in Arlington, Virginia, on March 16, 2022. Stefani Reynolds | dpa | Getty Images The pandemic-era trend known as the « Great Resignation » remains a prominent feature of the labor market, as favorable conditions lead workers to quit their jobs at near-record levels in search of better […]
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Robinhood extends trading hours from 7 am to 8 pm — 3 rookie mistakes when trading stocks after hours
At 7 am, it can be the time for a morning coffee while 8 pm 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 also becoming a time to play the stock market during extended trading hours — but […]
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Robinhood Is Offering Extended Trading Hours, Eyes 24/7 Trading
Robinhood Markets Inc. HOOD 24.20% said it is extending the hours it will let its users trade to between 7 am ET and 8 pm ET, an announcement that sent the stock surging Tuesday amid hopes that the investment platform can rebound from slowing growth. The brokerage, which is popular with individual investors, is expanding […]
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House is set to vote on a new retirement bill. What to know
shapecharge | E+ | Getty Images Legislation that would improve the retirement savings system for US workers may get a vote in the House of Representatives this week. The House could vote on the Securing a Strong Retirement Act, or Secure Act 2.0, as early as Tuesday. « By expanding automatic enrollment in employer provided retirement […]
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Two small cars cut from GM lineup—is this the end of the affordable compact?
General Motors GM, -1.58% will trim two of its smallest vehicles from the lineup after the 2022 model year, according to a new report. GM Authority was first with the news that both the Buick Encore and Chevy Trax will be canceled at the end of their current production run. Neither development is shocking. But […]
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When to increase your house budget and when to stick to your plan
Mikolette | E+ | Getty Images Prior to the pandemic’s red-hot housing market, there was a simple profile that constituted an « A » buyer, according to Brian Copeland, a realtor in Nashville, Tennessee. « Four years ago, an ‘A’ buyer was someone who was pre-qualified for a loan, had 3% down and could go out this weekend […]
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Fed official doesn’t think housing market is headed for a crash: ‘I am trying to buy a house here in Washington and the market is crazy’
Federal Reserve Governor Christopher Waller has no doubt about how competitive today’s housing market is. “Trust me, I know it is red hot because I am trying to buy a house here in Washington and the market is crazy,” Waller said in a speech at a housing conference. But even as home and rental prices […]
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There’s a tricky ‘virtual currency’ question on your tax return
Marko Geber | Digital Vision | Getty Images The IRS has issued a warning about how to answer the cryptocurrency question on the front page of your tax return. You’ll need to respond to a yes-or-no question about virtual currency, regardless of whether you « engaged in a transaction » in 2021, according to the agency. And […]
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Great Resignation continues, as 44% of workers seek a new job
Thianchai Sitthikongsak | Time | Getty Images Almost half of employees are looking for a new job or plan to soon, according to a survey, suggesting the pandemic-era phenomenon known as the Great Resignation is continuing into 2022. To that point, 44% of employees are « job seekers, » according to Willis Towers Watson’s 2022 Global Benefits […]
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‘The housing market is in the early stages of a substantial downshift’: Home sales may drop 25% by the end of summer, according to this analyst. Here’s why.
The popular spring home-buying season is just ramping up. But one analyst is warning that it could be a bust. Ian Shepherdson, chief economist and founder of research consulting firm Pantheon Macroeconomics, is predicting a dramatic fall in the pace of home sales this year. In a research note, he projected that existing-home sales will […]
