The Tax Cuts and Jobs Act appeared to eliminate the so-called marriage tax penalty by making the tax brackets exactly double for taxpayers in all brackets except for the highest. However, there are areas of the tax code where the marriage penalty still exists, especially when there is a large disparity in income. Assuming a… Continue reading Weddings and Taxes: 4 Reasons to Reconsider ‘I Do’
18 Dorm Room Must-Haves
Storyblocks There are most likely a million things on your mind when heading off to college, whether it’s your first time or you’re returning after a summer away from campus. For dorm room newbies, the idea of what you actually need to pack (and what you can pass on) might seem daunting. And if you’re… Continue reading 18 Dorm Room Must-Haves
Home Improvements & Taxes: CPA Explains What’s Really Deductible
The remodeling boom soared in 2021 due to a number of reasons, including the ongoing pandemic and an increasing number of people working from home. Spending and remodeling are expected to remain strong in 2022, with signs that things could slow down by the end of the year, according to Harvard’s Leading Indicator of Remodeling Activity… Continue reading Home Improvements & Taxes: CPA Explains What’s Really Deductible
The Best U.S. Cities for Renters
In this housing market, renting may have to be a permanent way of life for many. Here are the cities with the best quality of life for renters. In this housing market, renting may have to be a permanent way of life for many. Here are the cities with the best quality of life for… Continue reading The Best U.S. Cities for Renters
Fixed-income has been a saviour in previous downturns, but this time is different
Martin Pelletier: What should a conservative investor do in this type of environment? Traders work on the floor of the New York Stock Exchange. Photo by Spencer Platt/Getty Images files The past four decades have been outstanding for both stocks and bonds, especially since interest rates have been in a long-term downtrend. While equities have… Continue reading Fixed-income has been a saviour in previous downturns, but this time is different
Expect a ‘procession of recessions’ across many of the world’s major economies within the next year, Nomura says
A number of major economies will enter a recession within the next 12 months as tightening monetary policy and surging commodity prices choke off global growth, according to Nomura. In addition to the US, economists at the bank believe the eurozone, UK, Japan, South Korea, Australia and Canada will face contraction, according to a recent… Continue reading Expect a ‘procession of recessions’ across many of the world’s major economies within the next year, Nomura says
Iran is cutting its oil prices to compete with cheap Russian crude for Chinese buyers: report
As China steps up its purchases of Russian oil, Iran has been forced to slash the price of its already cheap crude to to compete with Moscow’s steep discounts, Bloomberg reported Monday. Iranian oil is now priced $10 a barrel below global benchmarks such as Brent futures, commodities traders told Bloomberg. That represents a $5… Continue reading Iran is cutting its oil prices to compete with cheap Russian crude for Chinese buyers: report
Elon Musk’s Tesla blew past Warren Buffett’s Berkshire Hathaway in market value during the pandemic. Now it’s less than $100 billion ahead.
Elon Musk’s Tesla, which commanded twice the market value of Warren Buffett’s Berkshire Hathaway eight months ago, is now worth less than $100 billion more. Tesla shares skyrocketed more than 12-fold during the first 18 months of the pandemic, as retail investors awarded “meme stock” status to the electric-vehicle company, and wagered it would revolutionize… Continue reading Elon Musk’s Tesla blew past Warren Buffett’s Berkshire Hathaway in market value during the pandemic. Now it’s less than $100 billion ahead.
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