The US Dollar Index edged lower on Monday, cooling after a huge rally for the greenback. The dip comes as markets soften rate hike expectations, seeing a 100 basis point jump this month as less likely. The ECB’s next rate hike could lead to further softening of the greenback, according to an analyst. Loading Something… Continue reading The dollar’s blistering rally cools as the currency falls from 2-decade highs on softer rate hike expectations
Russia distances itself from the US dollar further as it moves to trade oil with India using the UAE’s local currency: report
Russia and Indian refiners are set to trade oil not in US dollars but in the UAE’s local currency, Reuters reported. Sources told Reuters that more deals priced in UAE dirhams will happen as Moscow looks to insulate itself from sanctions. Earlier in March, Russia and India held talks for a potential ruble-rupee trade deal.… Continue reading Russia distances itself from the US dollar further as it moves to trade oil with India using the UAE’s local currency: report
A key gauge of the housing market saw its steepest drop since the early days of the pandemic
Builder confidence fell sharply in July, the National Association of Home Builders said Monday. The NAHB attributed the fall to high inflation and rising rates, which are crushing mortgage demand. The drop is the seventh-straight monthly decline and the NAHB’s lowest-ever reading, excluding the early pandemic. Loading Something is loading. High inflation and rising interest… Continue reading A key gauge of the housing market saw its steepest drop since the early days of the pandemic
A rally in bitcoin and ether push crypto market cap back above $1 trillion as digital assets struggle against bear market
The market value of cryptocurrencies reclaimed the $1 trillion threshold on Monday for the first time since June 13.Monday’s more than 5% rally in both bitcoin and ether helped drive broad gains across the crypto sector.The gains come amid a devastating bear market that erased more than $2 trillion in value and led to several… Continue reading A rally in bitcoin and ether push crypto market cap back above $1 trillion as digital assets struggle against bear market
Las Vegas Has Two of the Most Expensive Stadiums in the Country
Ask a sports fan about heading to the stadium for a big game and you’ll hear a lot about the fun of the tailgate, the smell of peanuts and sausages in the air, and the full-throated roar of the crowd. What you likely won’t hear about is how much it costs to get there, stay… Continue reading Las Vegas Has Two of the Most Expensive Stadiums in the Country
Property Management Tax Deductions
If you become a professional or part-time property manager or you start renting out properties to tenants, it could mean years of steady income. This income is subject to taxes, but it can also carry tax advantages, like property management tax deductions, write-offs, and more. As a result, you’ll want to understand these items better… Continue reading Property Management Tax Deductions
Take Advantage of Two Education Tax Credits
The American Opportunity credit covers up to $2,500 of undergraduate costsIn 2009, Congress replaced the well-known Hope Scholarship credit with the more generous American Opportunity credit. TurboTax Live experts look out for you. Expert help your way: get help as you go, or hand your taxes off. You can talk live to tax experts online… Continue reading Take Advantage of Two Education Tax Credits
What Is a W-4 Form?
In most cases, if you earn money, the IRS expects you to pay taxes on it. Some types of income are specifically excluded from taxation, but when you work as an employee and earn above certain amounts, you’ll almost certainly need to pay taxes on your earnings to the federal government. TurboTax Live experts look… Continue reading What Is a W-4 Form?
Recent Post
