Oil futures have slid below $100 as investors brace for recession, but crude traders are having to pay the most since 2008 to get hold of any right now

Oil futures are getting bashed while prices for physical Brent crude have soared to their highest since 2008.  This dislocation in oil markets is likely a consequence of both demand and supply pressures.  An analyst says ultimately, the futures market will eventually realign itself with the physical market.  Loading Something is loading. Underneath a chaotic… Continue reading Oil futures have slid below $100 as investors brace for recession, but crude traders are having to pay the most since 2008 to get hold of any right now

What Is Form 5329: Additional Taxes on Qualified Retirement Plans?

We all know we need to save for the future, but what happens if you contribute more than the annual limit to your retirement or health savings account (HSA)? What happens if you need to take the money out of an IRA before you reach retirement age, or you take money from a 529 plan… Continue reading What Is Form 5329: Additional Taxes on Qualified Retirement Plans?

Inflation Is Making These Items More Expensive; Here’s How Much Prices Have Risen

Imagine how you would feel if your employer cut your pay by $6,800 a year. You would probably immediately look for ways to cut back expenses, and you might find the choices difficult—maybe you can live without cable TV or eating at restaurants, but for some people, the choice may come down to eliminating essentials… Continue reading Inflation Is Making These Items More Expensive; Here’s How Much Prices Have Risen

Tech Deals: 51 + Prime Day Sales to Shop Right Now

TheStreet It’s officially day two of Amazon Prime Day and that means a boatload of discounts are available for Prime Members. You can save on everything from fashion to beauty with home goods and essentials in between. But here, we’re focusing in on the best deals across all things tech. From TVs and earbuds to Apple… Continue reading Tech Deals: 51 + Prime Day Sales to Shop Right Now

Five reasons the investment industry may work against some investors

Being aware of these issues might save you some money and prevent panic A trader works on the floor of the New York Stock Exchange. Photo by REUTERS/Brendan McDermid files A bear market invariably causes investors to say things such as “the whole market is a scam,” or “the only people who get rich are… Continue reading Five reasons the investment industry may work against some investors

Stock Market Today: Dow Jumps 658 Points After Stellar Retail Sales Report | Kiplinger

Stock Market Today Retail sales were up 1% in June, while consumer sentiment edged higher in July.Stocks made a valiant rebound attempt on Friday, spurred by a sign that consumers haven’t thrown in the towel. The Commerce Department this morning said retail sales rose 1% month-over-month in June. While most of the increase was a… Continue reading Stock Market Today: Dow Jumps 658 Points After Stellar Retail Sales Report | Kiplinger