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Traders on the floor of the NYSE, Feb. 25, 2022. Source: NYSE The VanEck Russia ETF fell 25% in premarket trading Monday as the conflict in Ukraine generated new U.S. sanctions against Russia. On Monday, the Biden administration announced additional sanctions against Russia’s central bank that would effectively prohibit Americans from doing business with the bank and
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The United States Capitol is seen framed with a canopy of trees from Fort Stanton Park on in Washington, D.C. The Washington Post | The Washington Post | Getty Images The Covid-19 pandemic caused unexpected financial shocks for many Americans, particularly low-income service workers who were at higher risk of losing their jobs. The emergency
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A woman holds a child as people arrive at a train station converted into a refugee center, at the border control between Poland and Ukraine, after Russia launched a massive military operation against Ukraine, in Przemysl, Poland, February 25, 2022. Kacper Pempel | Reuters Ukrainian hospitals could run out of oxygen supplies in the next
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Getty Images |  filadendron You’re not alone if you panic sold during this week’s stock market volatility and you’re feeling regret, experts say. Russia’s invasion of Ukraine triggered U.S. stock market swings on Thursday, with the S&P 500 dropping by as much as 2.6% before closing 1.5% higher. The Nasdaq Composite recovered from a nearly
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You may have heard about new tax reporting rules for businesses using third-party payment apps such as PayPal, Cash App, Venmo, Zelle, etc. This has caused some confusion for app users, but we’re here to help you understand how it will (or won’t) affect your taxes next year. What’s changed? Until this year, payment platforms
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Roman Abramovich, Owner of Chelsea celebrates with The FIFA Club World Cup trophy. Michael Regan – Fifa | Fifa | Getty Images Roman Abramovich has handed “stewardship and care” of Chelsea to the club’s charitable foundation following Russia’s invasion of Ukraine. But Abramovich will remain Chelsea owner and the Russian billionaire, who has invested over
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Lightspeedshutter | Istock | Getty Images After two years of federal student loan payments being suspended because of the Covid pandemic, the government doesn’t expect an easy process to get millions of borrowers back into repayment. That’s the takeaway from a new report by the Government Accountability Office, which found that as many as half
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Stock futures fell in overnight trading Thursday following a sharp reversal on Wall Street as investors continued to assess the risks stemming from Russia’s invasion of Ukraine. Futures on the Dow Jones Industrial Average dipped 120 points. S&P 500 futures fell 0.4% and Nasdaq 100 futures traded 0.5% lower. The market was initially spooked by
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One of the five Ukrainian Boeign 737-800 aircraft that landed yesterday at Castellon airport in the face of the political situation in Ukraine and Russia, on 15 February, 2022 in Castellon, Valencian Community, Spain. Carme Ripolles | Europa Press | Getty Images Russia’s invasion of Ukraine this week is ripping through the air travel industry,
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Russia’s Deputy Prime Ministers Yuri Trutnev, Tatyana Golikova, Andrei Belousov, Alexander Novak and Dmitry Chernyshenkosign joint documents following a video conference call between Prime Minister Mikhail Mishustin and China’s Premier Li Keqiang at the House of the Government. Dmitry Astakhov | Tass | Getty Images BEIJING — China’s trade with Russia isn’t enough to offset
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In this article BRK.A Berkshire Hathaway Chairman and CEO Warren Buffett. Andrew Harnik | AP Berkshire Hathaway‘s operating profits surged in the fourth quarter and for the full year as the conglomerate’s businesses continued to roar back to life from the pandemic economic slowdown. Chairman Warren Buffett increased his bet on that comeback, buying back
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