Credit Card Giant Visa Testing USDC Payments on Ethereum

2 hours ago | 2 mins read Altcoin News Visa experimenting USDC stablecoin on Ethereum. Visa will have access to smart contract-based payment options. The credit card giant Visa aims to integrate Ether...

Market strategist David Rosenberg: U.S. stocks will drop 30%. Wait to buy them.

David Rosenberg, the former chief North American economist at Merrill Lynch, has been saying for almost a year that the Fed means business and investors should take the U.S. central bank’s effort to f...

Tesla hikes Model Y prices after EV tax credit expansion

Tesla (TSLA) is taking the opportunity to ram through some price increases, thanks to Uncle Sam. On Friday the IRS released new guidance changing the definition it used to classify vehicles as SUVs, u...

Ryan Found Section 8 More Efficient Than The Low Income Housing Tax Credit

CHICAGO, IL – JUNE 27 : Section 8 voucher holders Tracy Carrithers views an apartment with Housing … [+] Choice Partners real estate specialist Jessie McDaniels (not pictured) in the Logan...

‘Best in 15 years.’ This investment is now offering a guaranteed return of up to 4.78%. Should you bite?

Is a certificate of deposit right for you?. Getty Images Certificates of deposit (CDs) let you deposit your money for a predetermined amount of time at a fixed interest rate and collect your earnings ...

The Inflation Reduction Act carves out an EV tax credit for 2023. Does Tesla qualify?

When times are tight, every penny counts. That goes for money back on a tax return too. If you purchased a Tesla, or another kind of electric vehicle, you may be eligible for over $7,000 in tax credit...

Disney, CVS, Uber, Chipotle, PayPal, and More Stocks to Watch This Week

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6 leading real estate economists and pros on what to expect from the housing market this winter

Getty Images Some aspiring homebuyers are in for some much-needed relief. “Right now might appear more appealing to some buyers because, recently, the housing market has been cooling. Prices are dropp...

FOMO is Gripping Credit Markets, Making Bond Premiums Vanish

(Bloomberg) — It’s been some time since companies could raise cash in debt markets and come away feeling like they got the better end of the deal. Most Read from Bloomberg For most of 2022, borr...

Bank of America trims CEO Moynihan’s pay by about 6% to $30 million

Bank of America Corp. BAC, +0.83% said in a filing late Friday that its board has approved a 6.3% cut on Chief Executive Officer Brian Moynihan’s pay in 2022. Moynihan receives $30 million, compared w...

Tesla, Ford and GM win in EV tax credit change

A few more electric vehicle models now qualify for the federal EV tax credit, including GM’s Cadillac Lyric, the Ford Mustang Mach-E and Tesla’s five-seater Model Y, thanks to a change by ...

Charlie Munger would be more bullish on bitcoin if he had time to study it, Michael Saylor says

“‘Charlie and the other critics, the members of the Western elite … are continually prodded for an opinion on bitcoin, and they haven’t had the time to study it.’” — Michael Saylor, co-founder and CEO...

We make $140K in Raleigh and hope to retire in about a year with $1 million. Is there a certain type of financial adviser we should be looking for?

Raleigh, North Carolina Getty Images/iStockphoto Question: I live in Raleigh, North Carolina. I’m about to turn 65 and looking to work maybe one more year. Our combined income is approximately $140,00...

Dear Tax Guy: I just started renting my house out on Airbnb. What income-tax deductions can I claim on this property?

I just started renting my house out on Airbnb. I started a limited liability company to keep the expenses separate from personal ones. I am trying to figure out what would be considered tax deductions...

Thanks to payouts of 4% or more, the humble CD is making a comeback. Should you get one?

Should you get a certificate of deposit? Getty Images/iStockphoto Google searches for CD rates have jumped considerably in the past year. And no wonder: As the Fed keeps hiking interest rates, payouts...

Tech Earnings Weren’t Great. Stocks Are Soaring Anyway.

Technology stocks have kicked off the year with a roar, staging the kind of spirited, widespread rally last seen during the market’s Covid-era surge. There are nearly two dozen tech tickers on my scre...

Tesla stock rips higher as IRS boosts Model Y EV tax credit eligibility

Tesla (TSLA) shares are trading higher today as the IRS updated its criteria for what qualifies as an SUV, and this means more EV tax credits are available. According to new rules, the IRS will use th...

Tesla, General Motors get boost from EV SUV tax credit change

A Tesla Model Y on display inside a Tesla store at the Westfield Culver City shopping mall in Culver City, California, U.S., on Thursday, April 14, 2022. Bing Guan | Bloomberg | Getty Images DETROIT –...

Coinbase and Others Are Set for a GameStop Moment in Crypto Stock Short Squeeze

There is a short squeeze going on in beaten-down stocks across the cryptocurrency sector. All it takes is a quick look at the likes of Coinbase Global and Silvergate Capital to see that ‘ GameStop -st...

I’m 64, make $1,500 a month driving Uber and get almost $5,000 a month in pensions and Social Security – should I pay off my mortgage before I retire?

Hi, I’m 64 and getting ready to retire in one year. I owe approximately $165,000 on my house with no other debt. I have close to $850,000 in retirement savings, $2,200 a month from a pension, approxim...

I’m 72, have a cushy amount invested and was withdrawing 4% a year. But once I pay my financial adviser’s fees and California taxes that won’t be enough. What’s my move?

How to figure out if your adviser is worth what they’re charging you. Getty Images/iStockphoto Question: I have a comfortable balance in my investment account but have a question about only taking out...

‘I’m stretched thin.’ I’m 23 and make $75K a year living in the Northeast. But between rent and other bills I have ‘very little’ in the bank each month. Should I hire a pro to help?

Question: I’m 23 and living in a high-cost area in Rhode Island. I make a $75,000 salary, plus monthly bonuses that will hopefully get me near six figures by the end of the year. I’ve worked full time...

BlackRock Buys Silvergate Stock. Others Are Bullish on the Beaten-Up Crypto Bank.

The world’s largest asset manager, BlackRock disclosed a significant position in Silvergate Capital the beaten-down banker to the cryptocurrency industry whose share price has been a high-profile casu...

Credit Suisse Says These 2 Stocks Could Surge Over 30% From Current Levels

It’s become mainstream to predict a recession this year. The Federal Reserve is on a steady path of interest rate increases – the latest was a 25-basis point hike announced today – to fight inflation,...

As Fed raises rates by a quarter point, here’s where financial advisers are telling their clients to invest — and store — their money

The Federal Reserve boosted its influential interest rate yet again Wednesday, even as more signs indicate that inflation is cooling. It hiked the benchmark’s key rate by a quarter of a basis point, b...

Want to earn a guaranteed 4%-4.75% on your money? While this savings vehicle hasn’t been that popular in recent years, pros say it’s now worth another look

The latest rates on certificates of deposit. Getty Images/iStockphoto Looking for a safe place to park your money with a guaranteed return of sometimes 4.5% or more?  While certificates of deposit, or...

10 best high-interest savings accounts for February 2023

10 savings accounts that deliver rates that top 4%. Getty Images/iStockphoto Want to let your hard-earned cash work for you? How about letting it work more than 15x harder than the national average? T...

Credit Suisse Reportedly Assigns Zero Lending Value To Adani Group Bonds Following Hindenburg Allegations

Topline Credit Suisse has assigned zero lending value for bonds issued by Adani Group’s listed subsidiaries, Bloomberg reported on Wednesday, a move that will deepen concerns for the beleaguered India...

Michael Burry says sell and Jim Cramer says buy. As the Fed meets, here’s how they both could be wrong on stocks.

Michael Burry, the hedge-fund manager at Scion Asset Management who correctly forecast the 2008 financial crisis, on Tuesday night sent out a one-word tweet: “Sell.” Burry didn’t elaborate, but it’s n...

SoFi’s banking moves are proving a ‘unique advantage,’ analyst says

SoFi Technologies Inc. continues to win praise for its banking efforts after the digital financial-services company gave an upbeat earnings forecast and touted the benefits of its banking charter for ...