Selling Your House Now Could Leave You Homeless

Real estate experts eyeing a new bear market and record high inflation are finding themselves changing their advice on how and when to buy a home. Facing record inflation at 8.6%, American regulators have also ratcheted up interest rates, causing many previous would-be buyers to stay on the sidelines of an already overheated real estate… Continue reading Selling Your House Now Could Leave You Homeless

Capital Gains and Tax-Loss Harvesting Aren’t Just for Rich People – CPA Explains With Examples

Summer is in full swing and most of us would rather be focused on graduations, family reunions, barbecues, and vacations. But, TheStreet is going to put a pause on those warm and fuzzy moments and turn the spotlight on tax strategies. Really, this is a year-long effort. While you’re sitting at the beach, take some… Continue reading Capital Gains and Tax-Loss Harvesting Aren’t Just for Rich People – CPA Explains With Examples

Stocks around the world are tanking today as recession fears spike after Fed hike

Wells Fargo said the odds of a recession now stand at more than 50% Author of the article: Reuters Shreyashi Sanyal and Medha Singh The Federal Reserve’s biggest rate increase since 1994 to tame rising prices is fanning worries of a recession. Photo by REUTERS/Lucas Jackson/File Photo Stocks tumbled around the globe as recession fears… Continue reading Stocks around the world are tanking today as recession fears spike after Fed hike

Smart Money Watch: Equity hedge funds suffer historic declines in first five months of 2022

Shifting market dynamics create ‘existential crisis’ for some stock strategies Author of the article: Financial Times Laurence Fletcher in London A trader works on the floor of the New York Stock Exchange. Photo by REUTERS/Brendan McDermid files This is shaping up to be the worst year for equity hedge funds on record, in a sign… Continue reading Smart Money Watch: Equity hedge funds suffer historic declines in first five months of 2022

Most Shopify investors opposed CEO Lütke’s founder share power gain, Glass Lewis says

Proposal appears to have squeaked through because of a single influential director Author of the article: Bloomberg News Stefanie Marotta Tobi Lütke, founder and chief executive of Shopify. Photo by Patrick T. Fallon/Bloomberg Shopify Inc.’s plan to enhance chief executive Tobi Lütke’s power was likely opposed by most of the company’s shareholders — yet it… Continue reading Most Shopify investors opposed CEO Lütke’s founder share power gain, Glass Lewis says

Apple’s $2-trillion market valuation on shaky ground

Higher interest rates could deepen the selloff in tech stocks Author of the article: Bloomberg News Subrat Patnaik Brand new redesigned MacBook Air laptops are displayed during the WWDC22 at Apple Park on June 6, 2022 in Cupertino, California. Photo by Justin Sullivan/Getty Images Apple Inc.’s run as a US$3-trillion stock proved fleeting. Now its… Continue reading Apple’s $2-trillion market valuation on shaky ground

Global stock rout prompts call for back-to-basics investing

Traders unnerved by a selloff that hit stocks and bonds alike are looking for refuge, increasing the appeal of investments offering reliable returns Author of the article: Bloomberg News Tassia Sipahutar, Ishika Mookerjee and Kat Van Hoof Investors are hoping the assets they buy will withstand any fallout from an expected accelerated pace of interest… Continue reading Global stock rout prompts call for back-to-basics investing