US stocks ended higher Thursday after a volatile trading session, marking a second straight day of gains. Investors weighed more hawkish remarks from Federal Reserve Chairman Jerome Powell. Earlier Thursday, the European Central Bank hiked benchmark rates by 75 basis points, it’s biggest-ever increase. Loading Something is loading. US stocks ended higher Thursday after a… Continue reading US stocks gain after a back-and-forth session as Wall Street weighs the latest hawkish remarks from Fed Chair Powell
Liquidity in the US Treasury market represents the biggest systemic risk to stocks since the 2007 housing bubble, BofA says
Declining liquidity in the US Treasury market represents the biggest systemic risk to financial markets, according to Bank of America.The risk of falling liquidity and resiliency of US Treasuries could be bigger than the 2007 housing bubble, BofA said.”While this sounds like a bad science-fiction movie, it is unfortunately a real threat,” BofA said. Loading… Continue reading Liquidity in the US Treasury market represents the biggest systemic risk to stocks since the 2007 housing bubble, BofA says
Russia could use its oil to buy weapons from North Korea as sanctions limit the Kremlin’s ability to resupply its military, analysts say
Russia could use its oil to buy weapons from North Korea, analysts said, as sanctions limit the Kremlin’s ability to resupply its military. The Pentagon confirmed a New York Times report that said Russia is looking to buy millions of artillery shells and rockets from North Korea. “Russia has traditionally provided North Korea a fair… Continue reading Russia could use its oil to buy weapons from North Korea as sanctions limit the Kremlin’s ability to resupply its military, analysts say
Mortgage Rates Double From a Year Ago; at Highest in 14 Years
Mortgage rates rose again, reaching 5.89%, double the 2.9% rate of a year earlier as the Federal Reserve seeks to damp inflation rates. The rate is the highest on the 30-year mortgage since 2008, according to a weekly survey by Freddie Mac released on Sept. 8. The 15-year mortgage rate is 5.16% while the five-year adjustable rate mortgage… Continue reading Mortgage Rates Double From a Year Ago; at Highest in 14 Years
How to Preorder the iPhone 14
It’s the new iPhone season as the Cupertino-based technology giant unveiled the iPhone 14, 14 Plus, 14 Pro and 14 Pro Max. And if you’re already sold, preorder time is coming in hot. All four of these from Apple (AAPL) , carriers like Verizon, AT&T, and T-Mobile, as well as retailers like Amazon, Walmart, and… Continue reading How to Preorder the iPhone 14
College Savings: Key Credits and Deductions
Lisa Greene-Lewis, CPA and TurboTax expert, explains everything you need to know for this back-to-school season, including key credits and deductions. Watch the video above for tax tips about the American Opportunity Tax Credit, Lifetime Learning Credit, student loan deduction, 1099-K rules, and more. Quotes| College Savings – Key Credits and Deductions Lisa Greene-Lewis, CPA… Continue reading College Savings: Key Credits and Deductions
How to Get Uncle Sam to Contribute to Your Retirement Savings
What is the Savers Credit? And how do you qualify for this special tax credit? Retirement Daily’s Robert Powell caught up with Jeffrey Levine, CPA and tax pro from Buckingham Strategic Wealth Partners, to answer that question and more. TurboTax Live experts look out for you. Expert help your way: get help as you go,… Continue reading How to Get Uncle Sam to Contribute to Your Retirement Savings
Anker’s Nano 3 Charger is Compact and Fast Charges an iPhone
Safe to say the folks over at Anker know Apple is likely unveiling iPhones on September 7th, as the mobile accessory giant just debuted a new charger. And like previous wall plugs, this compact charger pushes out 30 watts. It’s about the same size as the 5-watt plug that Apple (AAPL) previously included with the iPhone,… Continue reading Anker’s Nano 3 Charger is Compact and Fast Charges an iPhone
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