The EU proposes a total ban on Russian oil imports, cutting out crude within 6 months

The EU has put forward proposals for a total ban on Russian oil imports, phasing out crude within six months. European Commission chief Ursula von der Leyen is looking to ban refined products by the end of the year. Officials from the 27 countries that make up the EU will meet later on Wednesday to… Continue reading The EU proposes a total ban on Russian oil imports, cutting out crude within 6 months

Elon Musk says he could take Twitter public again in as soon as 3 years: WSJ

Elon Musk told investors he could take Twitter public in three years, per the Wall Street Journal. He may be trying to convince investors that he would move quickly to raise Twitter’s profitability. The three-year window could be tight, however, and Musk has said he isn’t good with deadlines. Loading Something is loading. Elon Musk,… Continue reading Elon Musk says he could take Twitter public again in as soon as 3 years: WSJ

US stocks end higher in choppy trading session as oil prices and bond yields fall ahead of critical Fed decision

US stocks edged higher Tuesday ahead of a key Federal Reserve decision.  Wall Street broadly expects the central bank to hike rates by 50 basis points at the conclusion of its meeting tomorrow.  “Clearly you don’t want to own bonds or stocks,” billionaire investor Paul Tudor Jones told CNBC.  Loading Something is loading. US stocks… Continue reading US stocks end higher in choppy trading session as oil prices and bond yields fall ahead of critical Fed decision

Could Rising Home Prices Make the Fed Tighten Even More?

Home prices are soaring, with the median price for existing homes climbing 15% in March from a year earlier to $375,000. That’s the highest level since the National Association of Realtors (NAR) began tracking the data in 1999. If home prices keep rising and demand for homes remain strong, the Federal Reserve may have to… Continue reading Could Rising Home Prices Make the Fed Tighten Even More?

4 Ways to Protect Your Inheritance from Taxes

For information on the third coronavirus relief package, please visit our “American Rescue Plan: What Does it Mean for You and a Third Stimulus Check” blog post. Inheritances are not considered income for federal tax purposes, whether you inherit cash, investments, or property. However, any subsequent earnings on the inherited assets are taxable, unless it… Continue reading 4 Ways to Protect Your Inheritance from Taxes

Dream Residential REIT breaks the ice on Canada’s frozen IPO market

It’s the first corporate IPO of more than $150 million to be completed on a Canadian exchange this year Author of the article: Bloomberg News Derek Decloet Pedestrians pass in front of the Toronto Stock Exchange in the financial district of Toronto. Photo by Cole Burston/Bloomberg files A real estate company with apartment buildings in… Continue reading Dream Residential REIT breaks the ice on Canada’s frozen IPO market

Martin Pelletier: Two common mistakes that can cost investors in these volatile times

Being self-aware can help investors make informed decisions based on the facts, not just their own emotional tendencies A trader works on the floor of the New York Stock Exchange. Photo by Michael Nagle/Bloomberg files Markets are off to a rocky start this year and, not surprisingly, we are seeing investors exhibit some of the… Continue reading Martin Pelletier: Two common mistakes that can cost investors in these volatile times

Warren Buffett is back with one of his biggest buying sprees in years

Sage of Omaha reveals big investments in Chevron and video games, rails against Wall Street excess at first public meeting since 2019 Author of the article: Reuters Jonathan Stempel and Carolina Mandl Berkshire Hathaway CEO Warren Buffett rides on a golf cart through the exhibition hall as investors and guests arrive for the first in-person… Continue reading Warren Buffett is back with one of his biggest buying sprees in years