Uranium prices have spiked 50% this year and are set to climb further on stockpiling and risk of bans on Russia exports, Bank of America says

Uranium prices have soared 50% this year and look set to climb even more, Bank of America said Tuesday.  The risk of bans on Russian uranium imports by Western countries is contributing to driving up prices.  The investment bank raised its uranium price estimates for 2022 through 2027 by 20% on average.  Loading Something is… Continue reading Uranium prices have spiked 50% this year and are set to climb further on stockpiling and risk of bans on Russia exports, Bank of America says

Lumber falls to fresh 2022 lows as spike in mortgage rates cools housing demand and inflation puts dent in home renovations

Lumber prices fell to fresh 2022 lows on Tuesday as rising interest rates and inflation cool down the housing market.Mortgage rates for the popular 30-year fixed remain above 5%, which has led to a slowdown in mortgage applications.Rising inflation put a dent in the home improvement market, weakening demand for lumber. Loading Something is loading.… Continue reading Lumber falls to fresh 2022 lows as spike in mortgage rates cools housing demand and inflation puts dent in home renovations

Almost 75% of financial advisors surveyed say a spot crypto ETF would make them likely to invest clients’ money in digital assets

A Nasdaq survey shows 72% of financial advisors would support a spot crypto ETF product in the US.  The majority of respondents in the March survey said they would be more likely to invest in digital assets if such an ETF were available. The SEC hasn’t approved a spot bitcoin ETF but has approved several… Continue reading Almost 75% of financial advisors surveyed say a spot crypto ETF would make them likely to invest clients’ money in digital assets

Warren Buffett struck his $12 billion Alleghany deal in under 2 weeks — showcasing his way of doing business

Warren Buffett struck his $12 billion deal to acquire Alleghany within two weeks. The Berkshire Hathaway CEO made his offer over dinner with Alleghany’s CEO in March. The terms of Buffett’s offer show his love of fast and simple deals, and his dislike of middlemen. Loading Something is loading. Warren Buffett pulled together Berkshire Hathaway’s… Continue reading Warren Buffett struck his $12 billion Alleghany deal in under 2 weeks — showcasing his way of doing business

One of the euro’s founding fathers says the ECB is ‘living in a fantasy’ by getting tough enough on inflation

Otmar Issing said the European Central Bank’s slow response to inflation posed a risk to growth, in an interview with the FT. One of the euro’s founding fathers, he said the ECB had “lived in a fantasy” and downplayed the risk of rising prices. Inflation has surged to record highs in the eurozone, but the… Continue reading One of the euro’s founding fathers says the ECB is ‘living in a fantasy’ by getting tough enough on inflation

Don’t Expect Gasoline Prices to Fall Quickly

Prices for gasoline have been easing in recent weeks, according to data compiled by the American Automobile Association. But while less pain at the pump is at least some relief for drivers, the declines are unlikely to match the recent slide in oil prices. After Russian President Vladimir Putin’s invasion of Ukraine in late February,… Continue reading Don’t Expect Gasoline Prices to Fall Quickly

Which iPhone Is Right For You? Best iPhone Picks of 2022

The Arena Media Brands, LLC and respective content providers to this website may receive compensation for some links to products and services on this website. Apple’s iPhone lineup has more to choose from than ever before, and the Cupertino-based tech giant is really aiming to offer a model for everyone. Chances are if you already… Continue reading Which iPhone Is Right For You? Best iPhone Picks of 2022

How to File an Amended Tax Return With the IRS

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. Subscribe: Apple Podcasts | Spotify | iHeartRadio Key Takeaways • If you filed a tax return with missing or incorrect information, you can amend your tax return using… Continue reading How to File an Amended Tax Return With the IRS