Money

Bank of America has announced it will also implement a series of actions aimed at creating financial ease for its customers.

The Dow Jones Industrial Average rose 189 points, reversing a drop of 721 points, or 3.6 percent, shortly after the open. The S&P 500 also posted modest gains.

With the coronavirus pandemic coming during tax season in the U.S., and social distancing becoming the new normal for Americans, many tax preparers are changing the way they do things.

As the novel coronavirus global pandemic widens and worsens, the New York Stock Exchange is closing its iconic trading floor in Manhattan as well as two others and will move to fully electronic trading on Monday, March 23, its operator announced on Wednesday.

The early selling comes as the Trump administration and Congress hammer out the details of a $1 trillion stimulus package.

As the deadly coronavirus outbreak continues in the United States, businesses are closing their doors, and many people are faced with unemployment.

Experts generally suggest having three to six months of savings on hand, but that can be tough for many people who are living paycheck to paycheck.

One gas analyst says the national average price could soon dip below $2 a gallon, with some stations potentially charging as little as 99 cents.

U.S. equity futures plunged limit down after the Federal Reserve took emergency action on Sunday evening.

The Federal Reserve takes emergency action Sunday and slashes its benchmark interest rate by a full percentage point to nearly zero and announces it will purchase more Treasury securities to encourage lending to try to offset the impact of the coronavirus outbreak

The Dow Jones Industrial Average sank 7.8%, its steepest drop since the financial crisis of 2008, as a free-fall in oil prices and worsening fears of fallout from the spreading coronavirus outbreak seize markets.

The Dow Jones Industrial Average surged over 1,000 points by the close of trading on Wednesday, amidst hopes for more stimulus measures to fight the virus outbreak and Democratic primary wins by Joe Biden.

Fed Chair Jerome Powell said Tuesday that the coronavirus “poses evolving risks to economic activity."

The huge gains clawed back some of the ground lost in a massive sell-off that gave stocks their worst week since the financial crisis of 2008.

Wells Fargo has agreed to pay $3 billion to settle criminal and civil investigations into a long-running practice whereby company employees opened millions of unauthorized bank accounts in order to meet unrealistic sales goals.

Taxpayers who make six figure salaries and have a history of filing late returns could get a visitor this filing season. 

Cost of living adjustments are implemented in order to counteract the effects of inflation

The number of major U.S. wireless companies would shrink from four to three after the deal closes.