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Jimmy Carter voluntarily paid $6,000 in 1976 despite a zero tax bill, while other recent predecessors typically paid tens or hundreds of thousands of dollars.
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 U.S. stock indexes book sharp gains Monday, as investors embrace hope of more fiscal stimulus, but await more clarity on the White House race and the state of the economy.
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The company agreed to sell its U.S. business to Cleveland-Cliffs for $1.4 billion, as the world's largest steelmaker grapples with the fallout from the coronavirus pandemic
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 On Monday, Inovio announced that it would be halting its phase 2/3 coronavirus vaccine trial so that it could continue to answer questions from the FDA. This comes as the MidWest of the United States starts to see coronavirus positive cases topping 25%. Yahoo Finance's Anjalee Khemlani joins The Final Round to discuss the latest on the coronavirus.
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Hopes for economic help from Washington were reignited over the weekend, enabling Wall Street to ignore several potentially bearish catalysts Monday and send stocks to a wide-ranging rally.
Most concerning might have been the news that Inovio Pharmaceuticals' (INO, -28.3%) COVID-19 vaccine candidate was put in a "partial clinical hold."
SEE MORE 20 Best Stocks to Buy for the New Bull Market
Uncertainty over what we'll hear in the presidential debates, which begin Tuesday night, also might have been considered an overhang given the importance of the 2020 elections to the nation's economic picture.
"The U.S. election is taking place against a historic backdrop of a pandemic, recession and domestic strife," say BlackRock Investment Institute strategists. "The outcome could have significant implications for key policy areas: fiscal stimulus, public investment, taxation, regulation and foreign affairs. It also has the potential to supercharge structural trends such as an increased policy and market focus on sustainability."
But first and foremost on investors' minds was House Speaker Nancy Pelosi's Sunday revelation that the House is working on a smaller $2.4 trillion stimulus package; she was scheduled to talk to Treasury Secretary Steven Mnuchin today.
Twenty-seven of the Dow Jones Industrial Average's 30 components finished in the black today, including big gainers Boeing (BA, 6.4%) and Dow (DOW, 3.1%), leading the industrial average 1.5% higher to 27,584.
Other action in the stock market today:
The S&P 500 finished up 1.6%
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U.S. stocks closed sharply higher Monday, starting the week on a higher note as investors bought shares of banks, energy companies, as well as materials and industrials firms. Talk of some progress toward a fresh coronavirus aid package, however unlikely to gain much traction on Washington, and bargain hunting by investors betting on happier economic times in the throes of a global viral outbreak, helped to revive some degree of the bullish sentiment. The Dow Jones Industrial Average closed up 410 points, or 1.5%, at 27,583, the S&P 500 index finished the session up 1.6% at 3,352, powered by a 2.3% gain in financials and a 2.3% in the energy sector . The Nasdaq Composite Index , meanwhile, closed 1.9% higher at 11,117, retaking a psychological perch above 11,000. All closing numbers are on a preliminary basis. Shares of Citigroup and Morgan Stanley and Wells Fargo & Co. closed up 2.9% and 3.1%, and 3.5% respectively, helping to lead the charge higher for the economically sensitive banking sector, underscoring some bets for an improved economy by investors and efforts by investors to find value in beaten down sectors that have not enjoyed the run-up in stocks to the same degree as the highflying technology-related and work-from-home shares. Investors are also focused on the looming 2020 presidential election, with a debate between President Donald Trump and former Vice President Joe Biden set for Tuesday, which could also influence investment behavior in the short term. Last week, stocks took a hit amid rising concerns of a renewed spread of the novel strain of coronavirus that causes COVID-19. Markets got off to a strong start on Monday partly due to solid economic data out of China, which appeared to overshadow reports of fresh lockdowns and growing cases of COVID-19 in parts of Europe.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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Trump reels from taxes bombshell as he gets set for crunch debate with Biden The GuardianTax bombshell reveals Trump's image is a sham CNNTrump on defense after NYT publishes tax info, says he is 'entitled' to credits 'like everyone else' Fox NewsHow A New Report On President Trump's Tax Returns Raises Serious Questions
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In most cases, it's impossible to pinpoint how someone caught SARS-CoV-2, the coronavirus that causes Covid-19. It is too small to see with the naked eye, so its infectious journey can't be tracked from one person to another. That leaves scientists and health authorities gleaning the most likely transmission pathways from the available evidence and what's known about how other respiratory pathogens spread. Close personal contact with infected people via mouth and nose secretions was thought to b
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The Trump administration is trying to prohibit personal communications in the TikTok case, a judge said, which is not allowed under the act Trump used.
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As workers are called back to the office, how can leaders create smart policies and communicate them effectively? How do we protect public safety and still get some work done?
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Banning downloads while the court fight continues would harm the video-sharing app's business, a federal judge said, ruling that the Trump administration's curbs likely went beyond the bounds of a national security law.
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 Shares of Hologic Inc. were up 3.6% in premarket trading on Monday after the company said it had received emergency use authorization from the Food and Drug Administration for a diagnostic test specifically aimed at people with asymptomatic COVID-19 infections. Hologic said it is the first company to offer a test screening asymptomatic individuals. This test, which is also authorized to test symptomatic people for COVID-19 infections, originally received authorization in March. Hologic's stock is up 23.2% this year, while the S&P 500 has gained 2.1%.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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While Prime Day is still a few weeks away, Amazon has already confirmed a few pre-Prime Day deals including $100 off Toshiba's new Amazon Fire TV.
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Congressional Democrats say the shock over the New York Times story alleging President Donald Trump paid only $750 in income taxes in two recent years supports their calls to get his returns and require future candidates to disclose as well.
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HSBC's London-listed shares soared on Monday, after Ping An Insurance raised its stake in Europe's biggest bank, despite escalating tensions between Washington and Beijing.
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The carrier said a deal with pilots has reduced planned layoffs to about 12,000 if more federal aid isn't arranged this week.
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The two White House contenders may be divided on Obamacare and Trump's handling of the COVID-19 pandemic, but they do have some things in common on health-care matters.
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'Dangerous rate of speed': Two California wildfires explode in wine country, forcing thousands to flee USA TODAYWildfires Burn Through California's Wine Country The AtlanticCalifornia Orders Evacuations as Napa County's Glass Fire Spreads 'Dangerously Fast' Bloomberg QuickTake: NowLive updates: Santa Rosa warns of potential for further evacuations Santa Rosa Press DemocratGlass Fire burns Napa Valley's Chateau Boswell Winery, Black Rock Inn San Francisco Chronicle
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A new Channel 4 investigation offers previously unknown insight into the Trump campaign's 2016 strategy for Black voters.
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Those in lower-income and lower-wealth categories reaped relatively large gains, according to the Federal Reserve's data.
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United Airlines pilots have agreed to a deal that will spare almost 3,000 pilots from furloughs through at least June 2021.
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A Federal Reserve survey of family finances shows that inequality was high last year. It's likely to worsen because of the pandemic.
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Pre-pandemic, most banks' cloud strategies were focused on gaining efficiency, scale, and resilience. COVID-19 has accelerated the need for banks to develop a sophisticated, multi-cloud approach that leverages a full range of public, private, and hybrid solutions.
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The deal will create a leading U.S. unconventional oil producer.
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 After Prime Day didn't take place this past July due to Covid-19 issues, no one really thought Amazon would cancel its biggest shopping event of the year. Last week, rumors of a new date began to circulate, and now the brand has finally confirmed that Prime Day will take place on Oct. 13... and Oct....
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$20M settlement reached in police killing of handcuffed man Fox NewsCounty awards $20 million to family of man who died after being handcuffed and shot in Maryland police car CNNSettlement reached in death of man shot by Maryland cop while handcuffed in patrol car USA TODAYFamily of man slain by Prince George's police officer reaches $20 million settlement with county The Washington Post
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 It's no secret that the podcast advertising market is exploding. Brands like Spotify have made massive investments in the space this year, and market research company Forrester reports a 52% year-over-year growth. In a new report, Forrester examined how podcast advertising is still an emerging field, with room to improve in measurement and targeting capabilities....
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Item 8.01: Other Events
Item 9.01: Financial Statements and Exhibits
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The company might be putting itself up for sale.
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 Amazon Prime Day 2020 deals have already begun—Find out how to get four months of Amazon Music unlimited for just $1.
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The long-standing wealth gap between Blacks and whites remained substantial in 2019, new Fed data show.
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Poll: Slim majority opposes Trump filling Supreme Court vacancy before election POLITICOTrump Supreme Court pick Amy Coney Barrett faces 'White colonizer' attacks, other criticism from left, media Fox NewsAmy Coney Barrett confirmation: Inside the White House's plan to deploy 'knife fighters' to defend nominee Fox NewsTrump Supreme Court nominee Amy Coney Barrett puts years of gun safety progress at risk USA TODAY
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President paid just $750 in 2016 and 2017, report claims, and nothing at all in many years
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 Stocks on the move: Virgin Galactic on BOA buy rating, Pinterest as Guggenheim initiates coverage w/ buy rating??.
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US stocks power higher after European bourses post best day since June
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Virgin Galactic stock rallies to its best in eight weeks after two analysts start covering it with a buy rating, praising the company's business model and demand potential for space tourism.
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Republicans eye Amy Coney Barrett Senate floor vote at end of October, just days before election Fox NewsAmy Coney Barrett confirmation: Inside the White House's plan to deploy 'knife fighters' to defend nominee Fox NewsTrump Supreme Court pick Amy Coney Barrett faces 'White colonizer' attacks, other criticism from left, media Fox NewsAl Smith, JFK, Amy Coney Barrett and th
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$12bn transaction is the biggest in the US shale industry since the collapse of crude prices
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 Dow futures jump 350 points as stocks look to get the week off to a solid start
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 Insider Monkey has processed numerous 13F filings of hedge funds and successful value investors to create an extensive database of hedge fund holdings. The 13F filings show the hedge funds' and successful investors' positions as of the end of the second quarter. You can find articles about an individual hedge fund's trades on numerous financial […]
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The regulator has a series of questions for the biotech's testing regime for INO-4800.
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Company postpones what would have been Japan's biggest listing this year
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Your retirement date isn't always a choice.
If that wasn't already obvious enough to older workers, the coronavirus has cleared things up.
SEE MORE 6 Ways the Pandemic Has Been a Dress Rehearsal for Retirement - and How You Can Take Advantage
As the pandemic drags on, more and more people are being nudged toward the finish line a little faster than they planned — either because their jobs have gone away or because they don't want to put their health at risk by showing up at their workplace every day.
Some had planned on retiring soon anyway, and this was going to be their last working year. Some were laid off and simply are not up for the process of looking for a new job. Others are self-employed and do not have the energy to start all over with a new business.
And what they all really want to know is: Am I prepared to retire during uncertain times?
The answer is maybe. But maybe not.
Hopefully, you have a solid plan in place and you can find a way to transition to that plan a little early without running into too much trouble. In my new book available on Amazon, "Wall Street and Your Retirement: What the Bulls and Bears Don't Want You to Know," I address the problems and potential solutions of retiring in uncertain times.
If you aren't sure where you stand, however, here are a few things to consider:
1. Know what your sources of income will be in retirement, and have a good i
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