The big story last week was the sudden grounding of Boeing 737 Max 8 and 9 passenger jets in dozens of countries. The financial effects of this ban could potentially impact the airline industry and segments of the economy for months.
As in February, investors spent most of the first full trading week of March hoping for new details in U.S.-China trade negotiations. While they waited, stock benchmarks drifted downward.
Stocks lost a little ground as February gave way to March. While domestic and overseas political developments made headlines, the market stayed relatively calm: from Monday’s open through Friday’s close, the S&P 500 ceded just 0.17%, finishing the week at 2,803.69.
The Center for Disease Control and Prevention estimated by early January about 7 million Americans had been stricken with the flu this season. At least half went to the doctor to seek help managing symptoms and more than 83,000 were hospitalized.
he good news is, starting this year, taxpayers may now deduct charitable donations totaling up to 60 percent of their adjusted gross income.