by Schneider-Photographie If you already are paying on a loan from your 401(k) account and lose your job amid the coronavirus pandemic, that borrowed money could generate a tax bill you weren’t expecting. Although the latest round of economic rescue legislation provides relief for coronavirus-related withdrawals from 401(k) plans, loans that already have been in repayment
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This is CNBC’s live blog covering all the latest news on the coronavirus outbreak. All times below are in Eastern time. This blog will be updated throughout the day as the news breaks.  Global cases: More than 1,337,749 Global deaths: At least 74,169 US cases: At least 362,759 US deaths: At least 10,689 The data
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Dow Jones Industrial Average rallies 1,627 points The Dow surged 1,627.26 points, or 7.73%, to close at 22,679.99. The S&P 500 gained 7.03% to end the day at 2,663.68. The Nasdaq Composite jumped 7.33% to 7,913.24. Stocks rallied on hopes that the growth rate of new coronavirus cases may be ebbing. New virus cases fall
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Grandparents with their grandchildren. Getty Images As coronavirus sweeps the country and sends millions sheltering in place, Americans are increasingly spending their time, and money, on jigsaw puzzles.  The majority of the U.S. population is now under stay-at-home instructions, and businesses across the country are sending employees home. In the face of what health officials warn could
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This is a live blog. Please check back for updates. Global cases: More than 1.27 million Global deaths: At least 69,300 Most cases reported: United States (337,072), Spain (131,646), Italy (128,948), Germany (100,123), and France (93,773) The data above was compiled by Johns Hopkins University as of 8 a.m. Beijing time.  All times below are
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A worker walks near a 747-8 airplane at the Boeing factory in Everett, Wash. David Ryder | Bloomberg | Getty Images Boeing is extending production shut down at its Seattle-area airplane factories “until further notice” because of the coronavirus pandemic, the company said Sunday. The manufacturer last month said it would pause production for two weeks
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Rolling coins is one way of teaching kids about money. Michelle Fox | CNBC With many schools shut down to protect against coronavirus exposure, many parents have found themselves in a new role: teacher. So why not add some personal finance to your lesson plans? “This is the most amazing opportunity for doing things with
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Author Simon Sinek speaks on stage during the Massachusetts Conference For Women 2019 in Boston on Dec. 12, 2019. Marla Aufmuth/Getty Images for Massachusetts Conference for Women 2019 Motivational speaker and author Simon Sinek also prefers to include another title alongside his name: optimist. Sinek’s books include titles like, “Find Your Why: A Practical Guide
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A worker wearing protective garments sanitizes the Duomo square, during the coronavirus disease outbreak in central Milan, Italy. Flavio Lo Scalzo | REUTERS This is a live blog. Please check back for updates. Global cases: At least 1,197,405 Global deaths: At least 64,606 Top 5 countries: United States (308,850), Spain (126,168), Italy (124,632), , Germany (96,092),
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Saudi Arabia’s Minister of Energy Prince Abdulaziz bin Salman Al-Saud and Russia’s Energy Minister Alexander Novak are seen at the beginning of an OPEC and NON-OPEC meeting in Vienna, Austria December 6, 2019. Leonhard Foeger | Reuters The virtual meeting between OPEC and its allies scheduled for Monday has been postponed, sources familiar with the
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French firefighters from Marin unit of Marseille wearing protective equipment escort a woman suspected of being infect with the novel coronavirus COVID-19 outside her building to the mobile unit in Marseille, on April 2, 2020. CHRISTOPHE SIMON This is CNBC’s live blog covering all the latest news on the coronavirus outbreak. This blog will be updated
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Dow Jones Industrial Average falls 360 points The Dow slid 360.91 points, or 1.69%, to close at 21,052.53. The S&P 500 closed 1.51% lower at 2,488.65. The Nasdaq Composite fell 1.53% to 7,373.08. Mounting worries over the coronavirus and a dismal jobs report pressured equities to end the week. Spike in NY coronavirus deaths New
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An abysmal March jobs report gives a glimpse of the devastating economic damage caused by the coronavirus pandemic. Another surge in oil prices on expected output cuts limited the losses in the stock market. Major equity averages suffered their third week of losses in four as the coronavirus crisis deepened. Here’s what happened: 4:22 pm: Sell-off by
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