An ex- UBS advisor pleaded guilty in a federal court in Miami to defrauding clients of more than $5 million, the Justice Department said. German Nino, who was charged earlier this year, entered a plea...
Tag: Political
Tesla Could Reopen Its Shanghai Factory Next Week: Report
Text size An aerial view of Tesla’s Shanghai factory, which closed in late March due to rising cases. Xiaolu Chu/Getty Images Tesla might be reopening its most productive facility earlier than i...
Warren Tells IRS to Focus Audits on the Rich, Not Low-Income Taxpayers
Lawmakers are calling on the IRS to stop disproportionately auditing low-income taxpayers, who they say are far more likely than other taxpayers to face IRS scrutiny, with audit rates for poorer filer...
FTX Courts Big Political Figures For Upcoming Crypto Conference
FTX, the third-largest crypto exchange by volume, appears to be courting former heads of state for an upcoming crypto conference in the Bahamas. The two-day conference later this month features 42nd U...
This is how much you made if you bought into the oil crash 2 years ago
If you want to retire rich, the late, great Dan Bunting has some advice for you. “Always buy the market (i.e., stocks or even just the index) after a spectacular bankruptcy,” my old friend Bunting, a ...
Why a Yield Curve Inversion Might Actually Be Good News for Investors
Text size Dreamstime About the author: Ashwin Alankar is the head of Global Asset Allocation at Janus Henderson Investors. The recent trend by the market to frame new developments in a negative light ...
You Made $700 From an Online Side Hustle. Now the IRS Will Know.
Now that your 2021 taxes are done—or at least under way—it’s time to focus on a key tax change for 2022 affecting millions of Americans making money through platforms like eBay , Etsy , Airbnb , Venmo...
A retired nurse lost $43,000 to bitcoin — watch out for red flags online
A New York retired nurse lost $43,000 of her life savings to bitcoin scammers, after transferring the money to them through a malicious computer pop-up – an unfortunate reminder to be vigilant when it...
Bitcoin Network Is Growing, Albeit Political and Economic Uncertainty
HodlX Guest Post Submit Your Post With the current political turmoil in Europe and the inverted yield curve, it is indeed challenging to define the short-term trend of Bitcoin – so, there could be ...
Recession is `the most likely’ outcome for U.S. economy, says Larry Summers
Former Treasury Secretary Larry Summers, whose out-of-consensus views about the risks of persistent inflation have come true, is reiterating his concerns about a potential U.S. downturn: He now says a...
4 big expenses you should factor in for retirement
Retirement planning is part savings, part guessing game. While many of your day-to-day expenses will remain the same, there are big-ticket categories that can take a large bite out of your savings. Th...
As mortgage rates climb, one big thing homebuyers should consider doing now
Is a mortgage rate lock right for you? Getty Images Mortgage rates will likely rise throughout 2022, many experts predict. Indeed, both Holden Lewis, home and mortgage expert at Nerdwallet, and Jeff O...
‘The weight of this debt is crushing’: I’m 74, and a retired speech-language pathologist with a student-loan debt of $200K. Am I obliged to pay it off?
Dear Quentin, I have not seen anyone address student-loan debt for people over 70 years of age. I am a 74-year-old retired speech-language pathologist with a student-loan debt of $200,000. I’m on a ...
Three value stocks that can provide safety as interest rates rise
Stocks have been on a rocky road this year, as investors have tried to anticipate every possible move by the Federal Reserve to combat inflation. Value strategies have held up better than growth strat...
The silver lining of surging inflation: I-bond yields should climb above 9%
CHAPEL HILL, N.C. –Want to lock in a greater-than-8% return with U.S. Treasurys over the next 12 months? Of course you would, especially given the higher-than-expected inflation numbers reported this ...
As inflation hits a new 40-year high, 5 financial advisers on what they’re doing with their own money amid high inflation
Getty Images/iStockphoto The annual rate of inflation in the U.S. rose to 8.5%, which is a four-decade high, new consumer price index data revealed. Inflation hasn’t been this high since the early 198...
The Safe Investment That Will Soon Yield Almost 10%
There’s no such thing as a free lunch in finance. Except maybe this: The interest rate on inflation-adjusted U.S. savings bonds will approach 10% beginning in May. U.S. Treasury Series I Bonds, or I B...
2 things all the financial advisers I talked to told me — that I don’t like
How to find the right financial adviser for you. Getty Images/iStockphoto Question: I’m about three years from FIRE (Financial Independence, Retire Early) status and have been looking at placing a por...
Microsoft Stock Slips on Concern About Growth for Office 365
Text size Microsoft Office is one of the company’s biggest businesses. Dreamstime Microsoft shares are under pressure from concerns about how the company might be affected by slowing growth in t...
Nvidia Stock Is Downgraded. China and Russia Are Headwinds.
Text size Dreamstime Nvidia shares were falling on Monday after the stock was downgraded by a Baird analyst, who cited concerns over slowing consumer demand exacerbated by the Russian embargo. Nvidia ...
How to Handle the Taxes on the AT&T Spinoff of Warner Bros.
Text size The Warner Bros. Studios in Burbank, Calif. AT&T shareholders have received a 0.242 share of Warner Bros. Discovery for each AT&T share. Photographer: Bing Guan/Bloomberg Bing Guan/B...
Opinion: Why the United States is reluctant to become the Saudi Arabia of natural gas
OXFORD, England (Project Syndicate)—With images of Russian aggression and war crimes in Ukraine continuing to dominate the media in Europe and around the world, Germany has pledged to cut its imports ...