Whether you’re down at the shore, traveling for a long overdue vacation, chilling with family, or barbecuing with friends, there’s still holiday sales you can’t afford to miss. And we will be hard at work all weekend finding some of the steals of September. Even if you aren’t shopping for yourself, don’t miss out on… Continue reading The Best Labor Day Deals to Shop This Weekend
Your Extension of Time to File 2021 Taxes Is Running Out
The tax extension deadline is coming up. Typically it is due on October 15th, but this year it falls on a Saturday. That is good news for tax filers who will have until October 17, 2022, to file all of their paperwork. So, what do taxpayers need to do? In the video above, Lisa Greene-Lewis,… Continue reading Your Extension of Time to File 2021 Taxes Is Running Out
Stock Market Today: Nasdaq Falls for a Fifth Straight Day | Kiplinger
Stocks kicked off September on a choppy note, though two of the major market indexes managed to push higher in the final minutes of trading. Thursday’s early selling came courtesy of stronger-than-expected economic data that stoked worries the Federal Reserve will continue to be aggressive in raising rates and hold them higher for longer. Specifically,… Continue reading Stock Market Today: Nasdaq Falls for a Fifth Straight Day | Kiplinger
US stocks whipsaw in volatile session as the Dow and S&P 500 rebound to end 4-day slump
The Dow rebounded from nearly 300 points down to finish higher after a volatile session. Oil prices dropped more than 3% on downbeat economic data out of China. Meanwhile, the yen dropped to a 24-year low as the greenback strengthened. Loading Something is loading. The Dow rebounded from a nearly 300-point decline as the S&P… Continue reading US stocks whipsaw in volatile session as the Dow and S&P 500 rebound to end 4-day slump
The yen just hit a 24-year low against the dollar as economic data and expectations of continued Fed tightening push the greenback to rally
The yen dipped 0.75% to a 24-year low of 140 against the greenback on Thursday amid expectations of continued Fed tightening. Loose monetary policy in Japan has kept rates low while other central banks are hiking. The dollar has been on an impressive rally this year, causing the euro, the pound, the yuan, and other currencies… Continue reading The yen just hit a 24-year low against the dollar as economic data and expectations of continued Fed tightening push the greenback to rally
Europe needs to cap natural gas prices as industries can’t handle the jump in electricity costs to 1,000 euros, says BofA’s head of commodities
European leaders should put a cap on soaring gas prices, Bank of America’s head of commodities research said Thursday on Bloomberg. Francisco Blanch said European industrial firms are can’t operate effectively with gas-linked electricity costing 1,000 euros per megawatt hour. The European Commission is reportedly looking at ways to cap energy prices. Loading Something is… Continue reading Europe needs to cap natural gas prices as industries can’t handle the jump in electricity costs to 1,000 euros, says BofA’s head of commodities
Cathie Wood’s flagship ARK fund suffers biggest monthly outflow in nearly a year as performance continues to suffer
Cracks are starting to form in the resiliency of Ark Invest’s retail-driven shareholder base.Cathie Wood’s flagship fund has suffered its largest monthly withdrawal in nearly a year at $820 million.Ark Invest’s main ETF has seen lackluster performance since its February 2021 peak, falling 75%. Loading Something is loading. Cracks are beginning to form in the… Continue reading Cathie Wood’s flagship ARK fund suffers biggest monthly outflow in nearly a year as performance continues to suffer
British pound could near parity with the US dollar next year as energy crisis sends economy into recession, analyst says
The British pound sterling is in danger of sliding further against the dollar, according to Capital Economics. Chief UK economist Paul Dales wrote Wednesday that the energy crisis in Europe will push the UK into a recession. The pound-dollar rate could fall to a record low of around $1.05 by mid-2023, he warned, down from… Continue reading British pound could near parity with the US dollar next year as energy crisis sends economy into recession, analyst says
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