why is debt cancellation tax free Usually, if you have a debt canceled, you will owe taxes on the amount of the canceled debt. The Internal Revenue Service does not consider debt as income unless the ...
Tag: Debt
4 Advisors on Their Top Bond Buys Now
With bonds offering their juiciest yields in years, we queried some wealth management pros on where they see the best fixed-income opportunities now: David Rossmiller, Bessemer Trust: We like longer b...
Why is portfolio balancing important? Because it’s not different this time.
Asset allocation is about dividing your portfolio among various investment asset classes like stocks, bonds and cash, and sub-asset classes like small, large and midcap stocks. Bonds and international...
What happens to student loan debt when you die?
It’s hardly any secret that student loan debt is a major burden for individuals and families across the country. According to the Education Data Initiative, student loan debt in the United States tota...
Opinion: 4 numbers retirement savers need to know heading into 2023
The past couple of years have been challenging for almost everyone invested in stocks or bonds, including anyone saving for retirement through employer-sponsored plans. With markets down across the bo...
Where BlackRock sees ‘tremendous’ market opportunities for ETF investors in 2023 after damage to stocks, bonds
Hello! In this week’s ETF Wrap, BlackRock’s Gargi Chaudhuri, head of iShares investment strategy for the Americas, discusses ways for investors to play a world of higher rates and elevated inflation i...
America has a $1.7 trillion student loan debt problem. Here’s what 6 borrowers think will solve the crisis as Biden’s forgiveness plan stalls
When President Joe Biden announced his plan to forgive up to $10,000 to $20,000 in federal student loan debt for most borrowers, it was the first time in many of their adult lives that those bearing t...
BlackRock Sees Opportunities in Energy and Healthcare Stocks in 2023
Navigating markets in 2023 demands a new investment playbook, one that favors the healthcare and energy sectors along with short-term government bonds and investment-grade credit, according to BlackRo...
Most deeply inverted Treasury curve in more than 4 decades has one upbeat takeaway for investors
One of the bond market’s most reliable indicators of impending U.S. recessions is pointed in a pretty pessimistic direction right now, but contains at least one optimistic message: The Federal Reserve...
‘Wealth effect on steroids’: Here’s the potential fallout from $22 trillion lost by investors this year, according to BofA
Bank of America says a “wealth effect on steroids” may impact the U.S. economy as a result of the fall in the value of stocks and bonds and other assets worth trillions of dollars in 2022. “The $22 tr...
20 dividend stocks with high yields that have become more attractive right now
Income-seeking investors are looking at an opportunity to scoop up shares of real estate investment trusts. Stocks in that asset class have become more attractive as prices have fallen and cash flow i...
Average Credit Card Debt In The U.S. Is Rising — How Does Yours Compare?
| Getty Images Key Takeaways Over the past year, credit card debt has increased for the first time since the start of the pandemic. Credit card debt is attributed to pandemic assistance programs endin...
Banks Stuck With $42 Billion Debt Seize Chance to Offload It
(Bloomberg) — Banks in the US and Europe with around $42 billion of buyout debt stuck on their balance sheets are making the most of their last chance to get rid of it this year. Most Read from ...
Fed’s shrinking of balance sheet via quantitative tightening is ‘a complete mistake,’ says Mizuho
The Federal Reserve’s attempt at shrinking its balance sheet through so-called quantitative tightening, or QT, is “a complete mistake,” according to Mizuho’s chief economist for the U.S. “There is a ...
Stock market could see ‘fireworks’ through the end of the year as headwinds have ‘flipped,’ Fundstrat’s Tom Lee says
Several headwinds that pummeled the stock market in 2022 have turned into tailwinds, setting the stage for a rally in U.S. equities heading into year-end, according to Tom Lee, head of research at Fun...
Many investors are betting on an inflation peak. Here’s why a former hedge-fund manager says they’re wrong.
Investors are waking up to big trouble in big China. Stock futures and oil prices are falling after angry anti-COVID zero protests swept the country. “This is a sudden powerful new distraction for mar...
Italy Has a $127 Billion Debt Problem It Can’t Easily Resolve
(Bloomberg) — While much of Europe Inc. is shrinking state-backed loans from the pandemic, Italian companies are still sitting on mountains of such borrowings, complicating government efforts to...
Highlights of $2B Debt on Grayscale Parent Company DCG, BTC Value Wavers
$2 billion of debt over Grayscale Parent Company, DCG Know what founder Barry Silbert said about the recent situation. At the time of writing, BTC is trading at the market price of $16,615.99. DCG on ...
These money and investing tips can help your portfolio sail through December
Don’t miss these top money and investing features: Sign up here to get MarketWatch’s best mutual funds and ETF stories emailed to you weekly! INVESTING NEWS & TRENDS The only thing investors have ...
Stock Market Looks Poised to Rally as Bond Yield Falls
Text size Michael Nagle/Bloomberg The worst may be over for the stock market. Key equity indexes continued their autumn rally, and there could be more gains before the end of the year, helped by conti...
No, Britain’s Economy Isn’t On The Rocks.
TOPSHOT – A Union Flag flies in front of the clock face on Elizabeth Tower, commonly known by the … [+] name of the bell Big Ben, at the Palace of westminster while British Prime Minister ...
Year-end rally? Bullish stock-market pattern set to collide with stagflation fears
The period between now and year-end marks a historically bullish final stretch of the year for U.S. stocks, particularly just before and after Christmas. The question for investors is whether favorabl...
Digital Currency Group Reveals $2 Billion Debt in Investor Letter
Digital Currency Group (DCG) has published a letter to investors clarifying its financial standing while also showing the web of intercompany loans between it and its subsidiary Genesis Global Capital...
Is the market bottom in? 5 reasons U.S. stocks could continue to suffer heading into next year.
With the S&P 500 holding above 4,000 and the CBOE Volatility Gauge, known as the “Vix” or Wall Street’s “fear gauge,” VIX, +0.74% having fallen to one of its lowest levels of the year, many invest...
MakerDAO expects $1.5M bad debt after FTX’s liquidity crisis!
MakerDAO, the largest decentralized finance protocol, has announced plans to liquidate heavily leveraged vaults to prevent excessive bad debt. They tweeted: “Due to liquidations being previously dis...
MakerDAO’s removal of ‘bad debt’ might be a good thing for users
MakerDAO has liquidated a few of its vaults to reduce risk and exposure to bad debt Whales continue to show interest in the token, despite its TVL declining After the FTX debacle, many in the crypto-c...
AAVE Proposes to Repay Excess Debt in CRV Market for Aave V2 ETH
The Mango market was a victim of Avraham Eisenberg’s trading skills, which tricked down to the AAVE protocol. On November 23, authors llamaxyz and Gauntlet proposed to the AAVE community a path toward...
Coinbase Debt Was ‘Canary in the Coal Mine’ for Crypto Meltdown
(Bloomberg) — In the wake of the spectacular meltdown of Sam Bankman-Fried’s crypto empire, many investors are looking for early warning signs that may have foretold the contagion that was about...
Llama and Gauntlet submit proposal to cover $1.6 million in bad debt on Aave
DeFi management platform Llama and DeFi risk management outfit Gauntlet have submitted a governance proposal on Aave to cover the DeFi lender’s $1.6 million bad debt brought on by Tuesday’s short atte...
These money and investing tips can help you know when the bull market has come back to stay
Don’t miss these top money and investing features: Sign up here to get MarketWatch’s best mutual funds and ETF stories emailed to you weekly! INVESTING NEWS & TRENDS There’s a strong possibility t...