Ether has soared 50% over the last month, while bitcoin is up about 16% in the same stretch. Enthusiasm has been building around ethereum’s so-called merge, which could happen in September. Ethereum cofounder Vitalik Buterin has voiced his support on Twitter for proof-of-stake protocols for cryptocurrencies. Loading Something is loading. Over the last month, ether… Continue reading Ether has rallied 50% over the last month, blowing past bitcoin’s gains, ahead of ‘merge’ for Ethereum 2.0
Investors are dumping Chinese bonds at a record pace as sell-off extends to a 5th straight month
Foreign investors parted with $8.3 billion in Chinese sovereign bonds last month. That’s the most since 2014, when Bloomberg began tracking the data from official sources. The bond sales in June also marked the fifth consecutive month that global investors dumped Chinese debt. Loading Something is loading. Foreign investors slashed their holdings of Chinese sovereign… Continue reading Investors are dumping Chinese bonds at a record pace as sell-off extends to a 5th straight month
Larry Summers: Raises Taxes on Wealthy Now
Many economists believe that taxes should be increased on the wealthy, both to help curb the budget deficit and to narrow the gaping inequality between rich and poor in this country. The top marginal tax rate is now 37% for taxable income above $539,000. While President Joe Biden would like to see a tax hike,… Continue reading Larry Summers: Raises Taxes on Wealthy Now
Save on These Dorm Organization Hacks on Amazon
The Arena Media Brands, LLC and respective content providers may receive compensation for some links to products and services on this website. It’s that time of year again! High school graduates are spending the summer celebrating their amazing accomplishments and getting ready for the whole new world of college. It can be kind of daunting… Continue reading Save on These Dorm Organization Hacks on Amazon
Rising Home Inventories: A Sign of Strength or Weakness?
One of the housing market’s biggest problems over the past 18 months has been a shortage of supply. That problem appears to be easing a bit. Active home listings surged 29% year over year in the week ended July 16. That about matches the numbers from the prior two weeks, according to Realtor.com. To be… Continue reading Rising Home Inventories: A Sign of Strength or Weakness?
Tax Tips for Those Paying for College With Crypto
Retirement Daily’s Robert Powell caught up with Jeffrey Levine, CPA and tax pro from Buckingham Strategic Wealth Partners, to discuss tax tips for those attempting to pay for their college education with cryptocurrency. TurboTax Live experts look out for you. Expert help your way: get help as you go, or hand your taxes off. You… Continue reading Tax Tips for Those Paying for College With Crypto
Home Improvements and Your Taxes
When you make a home improvement, such as installing central air conditioning or replacing the roof, you can’t deduct the cost in the year you spend the money. But, if you keep track of those expenses, they may help you reduce your taxes in the year you sell your house. TurboTax Premier makes it easy… Continue reading Home Improvements and Your Taxes
Tom Bradley: Buying stronger companies in times of weakness can give investors the nerve to be countercyclical
Investing in the strongest companies may maximize your returns over the next few years Traders work on the floor of the New York Stock Exchange. Photo by Michael M. Santiago/Getty Images files You may have heard investment managers talk about “high grading” a portfolio. They’re likely referring to the idea that there’s an opportunity to… Continue reading Tom Bradley: Buying stronger companies in times of weakness can give investors the nerve to be countercyclical
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