Self-employed workers who quit salaried jobs last year in the “Great Resignation”—the biggest corporate exodus on record—may find themselves reminiscing about the good old days on a payroll as they pr...
Tag: Political/General News
Hang Seng slumps 3% over COVID lockdown worries, oil falls as Russian attacks in Ukraine intensify
BANGKOK (AP) — Stocks were mixed in Asia and oil prices fell Monday as uncertainty over the war in Ukraine and persistently high inflation kept investors guessing about what lies ahead. Tokyo and Sydn...
Oil Prices Are Slipping Again. Expect Volatility in Crude to Continue.
Text size Oil prices were on a tear long before Russia invaded Ukraine, but have since marched higher. Mario Tama/Getty Images Oil’s bounce back from its largest decline in two years failed as crude p...
From Nickel to Oil and Stocks, Markets Are in Turmoil. Are They Broken?
Wall Street has been treated to intense volatility in the period since Moscow launched its invasion of Ukraine, with tough sanctions on Russia—a major producer of critical commodities—sending the mark...
Chinese Stocks Plunge After SEC Stokes Delisting Concerns
A further step by the Securities and Exchange Commission toward forcing companies from China off American exchanges helped trigger the worst decline in U.S.-listed Chinese stocks since the global fina...
Opinion: Short-sellers are scarce and that’s some of the best news the stock market’s had lately
The U.S. stock market should be given the benefit of the doubt over the next 12 months, according to an analysis of short sellers’ recent transactions. This upbeat message may incline you to view shor...
Elon Musk Has Sold Seven Homes for Nearly $130 Million After Vowing to ‘Own No House’
It’s been almost two years since Elon Musk announced a plan to sell nearly all of his physical possessions, including his real estate, by tweeting “Will own no house” on May 1, 2020. The billionaire T...
Capital Gains and Dividend Tax Rates for 2021-2022
Investors with taxable accounts—as opposed to tax-favored retirement accounts such as individual retirement accounts or 401(k)s—are often eligible for lower tax rates and other benefits. When an inves...
Opinion: The Fed needs to target a floor for the 10-year Treasury, in addition to radically raising the fed funds rate
Federal Reserve Chairman Jerome Powell faces the toughest task since Chairman Paul Volcker tamed the Great Inflation of the 1970s and early 1980s. And a lot of the pressures driving the most virulent ...
4 of the top 100 financial advisers on the best money advice they’ve gotten
Often, advisers have received tips from mentors and colleagues to help them successfully conduct business, grow wealth and interact with their investors. Getty Images When it comes to investing and ma...
Estate and Gift Taxes 2021-2022: What’s New This Year and What You Need to Know
The federal estate- and gift-tax exemption applies to the total of an individual’s taxable gifts made during life and assets left at death. Above the exemption, the top rate on such transfers is 40%. ...
Whether or not a bottom is in, here’s what will ride to the stock market’s rescue over 12 months, one strategist forecasts
So, is this it? After the powerful 2.6% rebound for the S&P 500 SPX, -0.43% on Wednesday, is the bottom in? Arguing yes is Mark Newton, head of technical strategy at Fundstrat, who notes that whil...
6 financial advisers on how they’re handling their investments amid inflation
Amid high inflation, here’s what financial planners are personally doing with their money. Getty Images/iStockphoto The rate of U.S. inflation hit 7.9% in February, according to government data releas...
The most expensive state for car insurance — plus what it costs in every state
One survey from NerdWallet finds that switching car insurance could save good drivers about $417 a year. Adobe Stock (New Africa) There’s no doubt that car insurance is expensive — NerdWallet reveals ...
Planning to retire? Don’t get hit with a surprise tax bill for this common mistake
How much of your salary is withheld from your paycheck affects what you receive, or owe, at tax time – with the wrong number selected, you could be in for quite a surprise. Retirement Tip of the Week...
Scared of investing during the Ukraine invasion? Try this IRA maneuver
Moe, Larry and Curly have been watching stock markets plunge in the past two weeks in response to the Ukraine invasion. Each wants to invest, say, $100,000 in European stocks—for example through Vangu...
I took out $30K in student loans, but they now total $96K. How is this possible?
How to get out of student loan debt Getty Images/iStockphoto Question: I’d like to obtain advice on tackling student loan debt. I do not have private loans, and I owe approximately $96,000. I’m so con...
The U.S. Will Ban Imports of Russian Oil. What Exactly Does That Mean?
Oil prices spiked to their highest levels since 2008 on Tuesday after the U.S. announced it would ban imports of Russian oil. “Today I’m announcing the United States is targeting the main artery of Ru...
Is the Dollar in Danger?
The U.S. is sitting on top of a horizontal empire, capitalism’s self-organizing, incentive-based structure with its layers of value. It’s not the Marxist mush of “to each according to his needs.” You ...