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Author: Adam Shell, USA TODAY

Money

Midterm election not seen rocking 401(k) plans, but surprise outcome could roil stocks

November 6, 2018Adam Shell, USA TODAYComments Off on Midterm election not seen rocking 401(k) plans, but surprise outcome could roil stocks

Wall Street analysts are downplaying the midterm election risks for the stock market, but admit unexpected outcomes could cause volatility.

Money

401(k) account balances hit record high of $106,500; where do you stack up?

November 5, 2018Adam Shell, USA TODAYComments Off on 401(k) account balances hit record high of $106,500; where do you stack up?

Fidelity Investments reported that the average 401(k) account balance reached a record at the end of the third quarter.

Money

401(k) millionaires at Fidelity jump 41 percent in third quarter to record 187,400

November 5, 2018Adam Shell, USA TODAYComments Off on 401(k) millionaires at Fidelity jump 41 percent in third quarter to record 187,400

Are you a 401(k) millionaire? Fidelity Investments says the number of its 401(k) account holders with balances over $1 million hit 187,400 last quarter

Money

Wall Street bids goodbye to “Red October” and confronts more uncertain future for stocks

October 31, 2018Adam Shell, USA TODAYComments Off on Wall Street bids goodbye to “Red October” and confronts more uncertain future for stocks

After a spooky October for stocks, what’s ahead for the market and 401(k) investors? Is the battered 9-year-old bull in grave danger?

Money

Stock market: Should investors fear a correction, or 10 percent drop?

October 25, 2018Adam Shell, USA TODAYComments Off on Stock market: Should investors fear a correction, or 10 percent drop?

When the stock market turns rocky, it’s good to know the difference between a pullback, correction or bear market. It provides needed perspective.

Money

Stock market drops again, wiping out 2018 gains for the Dow and S&P 500

October 24, 2018October 25, 2018Adam Shell, USA TODAYComments Off on Stock market drops again, wiping out 2018 gains for the Dow and S&P 500

Disappointing quarterly results and outlooks weighed on the stock market, stoking investors’ jitters over future growth in corporate profits.

Money

Why states like S. Carolina, New Jersey and Iowa ban lottery ticket purchases with credit cards

October 24, 2018October 25, 2018Adam Shell, USA TODAYComments Off on Why states like S. Carolina, New Jersey and Iowa ban lottery ticket purchases with credit cards

The winning Mega Millions ticket was purchased with cash in South Carolina, one of nearly two dozen states that ban credit card purchases of tickets.

News

Dow, hit by October blues, posts loss after Caterpillar, 3M offer worrisome forecasts

October 23, 2018October 23, 2018Adam Shell, USA TODAYComments Off on Dow, hit by October blues, posts loss after Caterpillar, 3M offer worrisome forecasts

Stocks sold off again Tuesday after Caterpillar and 3M issued outlooks that worried investors. Stocks later recovered part of those losses.

Money

Mega Millions record jackpot is tempting, but the lottery’s odds make stocks a better bet

October 23, 2018Adam Shell, USA TODAYComments Off on Mega Millions record jackpot is tempting, but the lottery’s odds make stocks a better bet

The Mega Millions drawing on Tuesday offers a tempting jackpot of at least $1.6 billion, but lottery-crazed Americans should use the cash on stocks.

Money

Why Wall Street is downplaying the risks of a rift with Saudi Arabia

October 20, 2018Adam Shell, USA TODAYComments Off on Why Wall Street is downplaying the risks of a rift with Saudi Arabia

Jamal Khashoggi’s disapperance has chilled relations between the U.S. and Saudi Arabia. Could the tensions spill into the economy?

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Kia recalls nearly 320,000 cars because the trunk may not open from the inside

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PCE inflation report: Key measure ticks higher in July. What will the Fed do?

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