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Tag: Credit
The best VISA credit cards for crypto
Among the best credit cards for spending cryptocurrencies, there are undoubtedly those based on the VISA circuit. Crypto credit cards are tools, gradually becoming more and more used, for making paym...
How to get a personal loan with bad credit: Can you get one, and should you?
Getty Images/iStockphoto Even if you have a low credit score, you may still qualify for a personal loan — but “if you’re in this situation, you should be prepared to pay a higher interest rate and pot...
The Craziest Moments From the Longest Tech Boom (So Far)
It’s been a singular year for tech, one that marked the apparent end to a heady, madcap boom that changed how we think about the industry. Over the past dozen or so years, a tidal wave of money poure...
Bahamas Regulator Says It Seized $3.5 Billion in FTX Crypto Assets
Bahamas securities regulators said they seized digital assets valued at $3.5 billion from FTX’s local operation in mid-November as the cryptocurrency exchange spiraled toward collapse, a figure that F...
Stock, Bond and Crypto Investors Remain on Edge After Brutal Year for Markets
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple ...
Troubles at Sam Bankman-Fried’s Alameda Began Well Before Crypto Crash
Sam Bankman-Fried built the cryptocurrency exchange FTX on the reputation of his trading firm, Alameda Research LLC. Alameda was applying Wall Street-style wizardry to the crypto world—and outsiders t...
Opinion: 11 predictions for money, technology, stocks and crypto for 2023
Here are some 2023 predictions for financial markets, the economy and stocks. I’ve spent the last year and a half being cautious in the wake of the Bubble-Blowing Bull Market that finally ended early ...
EV tax credit for consumer leases a ‘positive development for industry’
The Treasury Department and the IRS issued some new guidelines on the Inflation Reduction Act’s (IRA) EV tax credit, and for the time being it is bringing foreign automakers — and U.S. consumers — som...
‘I dug myself out of the paycheck-to-paycheck cycle’: Should I use my bonus to pay off my mortgage, put it in a savings account or Vanguard?
Dear Quentin, Over the last couple years I dug myself out of the paycheck-to-paycheck cycle, and I am making good money. I never learned about stocks, investing, etc. I do not have a 401(k) at work. M...
Democrats release six years of Trump’s tax returns, and CPAs have questions: ‘The personal tax return is just the tip of the iceberg.’
The nonpartisan committee’s findings also raised several red flags related to the filings, namely Trump’s carryover losses, loans to his children that may or may not also be considered taxable gifts, ...
Stock Market Rally Attempt Begins; Tesla Jumps Amid EV Credit Guidelines
Dow Jones futures tilted lower after hours, along with S&P 500 futures and Nasdaq futures, heading into the final trading day of 2022. The major indexes rose strongly Thursday on jobs data, Apple ...
The White House embraced debt forgiveness in 2022. Here’s what student-loan borrowers can expect in 2023.
This was the year the White House embraced the idea of mass student-loan forgiveness, but 2023 will likely be the year when borrowers will find out whether the policy will actually impact their wallet...
Bitcoin Price Targets for 2023 Are in—and They Are Grim. Brace for a 50% Fall.
How low will Bitcoin go? After an abysmal year, analysts are making their best guesses for where the largest cryptocurrency is headed in 2023—and the price targets are mostly grim. Digital assets have...
Workers and retirees are getting some year-end goodies from Washington
America’s workers and retirees are getting some nice year-end gifts from Washington. As part of a bigger bill to keep the government running, Congress has passed, and President Biden has signed, somet...
Credit Market Cracks Widen as Distressed Debt Nears $650 Billion
(Bloomberg) — Multiple stress points are emerging in credit markets after years of excess, from banks stuck with piles of buyout debt, a pension blow-up in the UK and real-estate troubles in Chi...
Interested in purchasing an electric car? This 2023 tax credit could help.
Starting Jan. 1, many Americans will qualify for a tax credit of up to $7,500 for buying an electric vehicle. The credit, part of changes enacted in the Inflation Reduction Act, is designed to spur EV...
5 things not to buy in 2023
It’s been a year of contradictions. The recession drum beats on, interest rates are rising, and the stock market has taken a tumble, and yet retail sales have risen 6.5% in the last 12 months, trailin...
With this simple year-end change to your retirement accounts, you can reap significant tax rewards
If you are a middle-income earner, you may be in a much better position tax-wise than you realize. That’s good news: You may be able to take advantage of that better position to strengthen your retire...
3 Bitcoin Predictions for 2023 From a Crypto Executive Who Called the Market Top
Bitcoin and other cryptocurrencies are limping out of a historically bad year, but it’s not all doom and gloom for 2023, according to one crypto executive who pretty much called the late-2021 market t...
Car repos are on the rise, thanks to record-high monthly payments, recession warnings
Car repossessions have grown less common in the past two years, but those days may be over. Credit rating agency Fitch Ratings says repossession rates have nearly returned to pre-pandemic levels. Some...
Here’s What a $1 Million Retirement Looks Like in America
Once a symbol of extravagant wealth, $1 million is now the retirement-savings goal for millions of Americans. For retirees able to accumulate $1 million in savings, the funds translate into inflation-...
Opinion: Crypto insurance is nearly nonexistent, so you’ll have to rely on common sense
If only your bitcoin could catch on fire — literally — then it might have a chance of being covered by insurance. For property, fire is a straightforward hazard. But it’s probably the one big thing th...