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Author: Jessica Menton, USA TODAY

Money

What zero rates, sub-1% bond yields mean for your mortgages, student loans and credit cards

March 16, 2020Jessica Menton, USA TODAYComments Off on What zero rates, sub-1% bond yields mean for your mortgages, student loans and credit cards

There’s good news on the horizon for Americans: bond yields have dropped to historic lows, trimming borrowing costs on mortgages and student loans.

Money

Stocks crater as investors fear the global economy is headed for a virus-fueled recession

March 16, 2020March 16, 2020Jessica Menton, USA TODAYComments Off on Stocks crater as investors fear the global economy is headed for a virus-fueled recession

Stocks tumbled Monday as fears of a coronavirus-fueled recession grow and the Fed took emergency action to try to cushion the economy from the blow.

Money

Stocks poised for plunge Monday as Dow futures drop 1,000 points despite Fed rate cut to zero

March 15, 2020Jessica Menton, USA TODAYComments Off on Stocks poised for plunge Monday as Dow futures drop 1,000 points despite Fed rate cut to zero

Stocks were headed for a drop after the Fed surprised markets by cutting interest rates to zero to fight the coronavirus’s impact on the economy.

Money

Dow caps week of wild swings by soaring over 1,900 points as Trump frees up financial aid to fight coronavirus

March 13, 2020March 13, 2020Jessica Menton, USA TODAYComments Off on Dow caps week of wild swings by soaring over 1,900 points as Trump frees up financial aid to fight coronavirus

Stocks bounced back Friday on hopes for a coronavirus aid package from Washington after Wall Street’s worst day since the crash of 1987.

Money

Can the economy predict the next president? Yes, if history is any indication

March 13, 2020Jessica Menton, USA TODAYComments Off on Can the economy predict the next president? Yes, if history is any indication

The U.S. economy has an impressive track record for predicting the next president, if history is any indication.

News

Dow endures worst day since ‘Black Monday’; S&P 500 enters bear market as coronavirus spreads economic gloom

March 12, 2020March 12, 2020Jessica Menton, USA TODAYComments Off on Dow endures worst day since ‘Black Monday’; S&P 500 enters bear market as coronavirus spreads economic gloom

U.S. stocks tumbled into a bear market Thursday after President Trump banned travel from Europe to stem the economic fallout from the coronavirus.

Money

How long should I keep my tax returns? Answer: It depends

March 11, 2020March 11, 2020Jessica Menton, USA TODAYComments Off on How long should I keep my tax returns? Answer: It depends

If you’ve crossed the finish line and already filed your taxes this year, remember to keep that info in a secure place.

Money

Dow drops into bear territory for the first time since the financial crisis, as investors fret over coronavirus

March 11, 2020March 12, 2020Jessica Menton, USA TODAYComments Off on Dow drops into bear territory for the first time since the financial crisis, as investors fret over coronavirus

The Dow entered its first bear market since the financial crisis after the coronavirus was deemed a pandemic and investors awaited stimulus plans.

News

Dow rebounds 1,167 points after worst day since the financial crisis

March 10, 2020March 10, 2020Jessica Menton, USA TODAYComments Off on Dow rebounds 1,167 points after worst day since the financial crisis

U.S. stocks bounced back Tuesday, a day after the broader stock market suffered its worst day since the financial crisis.

Money

Dow plummets 1,400 points, oil prices drop as global recession concerns mount

March 9, 2020Jessica Menton, USA TODAYComments Off on Dow plummets 1,400 points, oil prices drop as global recession concerns mount

U.S. stocks, bond yields and oil prices tumbled Monday, extending a global rout as fears intensified about the coronavirus outbreak.

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