Natural gas prices spike 10% as Europe awaits flows from shuttered Nord Stream 1 pipeline to resume amid record heat wave

Natural gas prices surged as much as 10% on Wednesday as anticipation builds that Russia’s Nord Stream 1 will resume flows to Europe on Thursday.Europe’s devastating heat wave has added to demand for the commodity, which is used to generate electricity.Maintenance for Nord Stream 1 ends on Thursday, but Goldman Sachs only expects the pipeline… Continue reading Natural gas prices spike 10% as Europe awaits flows from shuttered Nord Stream 1 pipeline to resume amid record heat wave

The current stock rally will likely fade and investors should be prepared for the bear market to continue, Fairlead’s Katie Stockton says

The stock market’s rally off its June lows will fizzle out, according to Fairlead Strategies’ Katie Stockton.Stockton said long-term indicators are still in negative territory and that the bear market is likely to continue.”We would not chase the rally, noting short-term overbought conditions have returned,” Stockton said. Loading Something is loading. The S&P 500’s 9%… Continue reading The current stock rally will likely fade and investors should be prepared for the bear market to continue, Fairlead’s Katie Stockton says

Coinbase soars 20% as the exchange as it has no exposure to bankrupt firms struggling through crypto winter

Coinbase soared as much as 20% on Wednesday after saying it did not have exposure to bankrupt crypto firms. In a blog post, the crypto exchange said it had no financial risk from platforms like Celsius, Three Arrows or Voyager Digital. “We believe these market participants were caught up in the frenzy of a crypto… Continue reading Coinbase soars 20% as the exchange as it has no exposure to bankrupt firms struggling through crypto winter

Goldman Sachs CEO David Solomon says the bank sees a 50% chance of recession in the next 2 years

Goldman Sachs economists think there’s a 50% chance of recession within two years.  CEO David Solomon told CNBC Wednesday the bank also sees a 30% for a recession within 12 months.  “There’s no one that can predict what the future will bring,” he said.  Loading Something is loading. Goldman Sachs economists are calling a 50%… Continue reading Goldman Sachs CEO David Solomon says the bank sees a 50% chance of recession in the next 2 years

This TikTok Famous Lamp Is Your New Bedside Best Friend and It’s 20% Off on Amazon

The Arena Media Brands, LLC and respective content providers may receive compensation for some links to products and services on this website. Peace of mind is the name of the game. With this lamp you get peace knowing there’s a light right next to the bed and that you’ll wake up to a fully charged… Continue reading This TikTok Famous Lamp Is Your New Bedside Best Friend and It’s 20% Off on Amazon

This JBL Bluetooth Speaker is 20% off Post-Prime Day

The Arena Media Brands, LLC and respective content providers may receive compensation for some links to products and services on this website. Finding the right Bluetooth speaker is a tricky game of balance — you want high-quality sounds to feel like the band is performing right next to you, but you also don’t want to… Continue reading This JBL Bluetooth Speaker is 20% off Post-Prime Day

How Short Sales and Foreclosures Affect Your 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. Whenever you sell a home, you need to calculate your capital gains to determine whether you owe any tax. If you engage in a short sale or your… Continue reading How Short Sales and Foreclosures Affect Your Taxes