We’ve all seen the rising cost of oil and its ripple effect through the economy, especially on prices at the pump. You may have also read that the U.S. is energy independent or that we export more oil than we import and that Russian oil only makes up 3% of all U.S. oil imports. So… Continue reading Why Are Gas Prices So High If the U.S. Is Energy Independent? | Kiplinger
A hacker just stole over $600 million in crypto. Experts explain the historic swindle — and why cyberattacks shouldn’t discourage adoption of digital assets
Three experts explain how a hacker stole over $600 million of tokens from Axie Infinity’s Ronin Network last month. They attributed the attack to human error and social engineering rather than any fault in the blockchain technology. “If consumers aren’t protected from things like this, the industry is going to fail.” Loading Something is loading.… Continue reading A hacker just stole over $600 million in crypto. Experts explain the historic swindle — and why cyberattacks shouldn’t discourage adoption of digital assets
A 28-year-old YouTuber who says he saves over 50% of his income living in Toronto explains the savings and investing strategies he’s using to achieve financial independence by 35
Steve Antonioni saved $90,000 in four years, enough to quit his job and pursue YouTube. He took a temporary pay cut but says he now earns more from YouTube than he did from his 9-to-5. He maintains a simple lifestyle, which allows him to save and invest the majority of his income. Steve Antonioni has… Continue reading A 28-year-old YouTuber who says he saves over 50% of his income living in Toronto explains the savings and investing strategies he’s using to achieve financial independence by 35
The US decision to release 180 million barrels of oil will help offset the loss of Russian supply and keep prices steady, JPMorgan says
The US releasing oil from its emergency reserve will help stabilize prices this year, JPMorgan says. Even if the US unlocks less than its target of 1 million barrels of oil a day, it would still help balance the market and steady oil prices. But a bigger-than-anticipated loss in Russian oil supplies could leave a… Continue reading The US decision to release 180 million barrels of oil will help offset the loss of Russian supply and keep prices steady, JPMorgan says
Russia’s biggest bank has been cut out of the global financial markets — and now it’s launched a cryptocurrency.
Russia’s biggest bank got permission to issue a digital currency just weeks after the invasion of Ukraine. Sberbank launched sbercoin as Western sanctions hampered Russia’s access to the global financial system. The US and its allies are concerned about Russian use of crypto to circumvent sanctions. Loading Something is loading. Since Russia began its war… Continue reading Russia’s biggest bank has been cut out of the global financial markets — and now it’s launched a cryptocurrency.
Tax Tips for Unemployment Income If You’ve Been Laid Off or Furloughed
Here’s an overview of the different tax implications involved when you receive unemployment income. Here’s an overview of the different tax implications involved when you receive unemployment income. While unemployment rates have decreased in America with an estimated 6.3 million claims for jobless benefits and the national unemployment rate just under 4 percent due to… Continue reading Tax Tips for Unemployment Income If You’ve Been Laid Off or Furloughed
Are State Tax Refunds Taxable?
For those who itemize their deductions, it’s one of the stranger parts of the tax code. First, you get to take a deduction of your state and local taxes, then all of a sudden the next year you get a Form 1099-G from your state and you’re paying taxes on your state and local tax… Continue reading Are State Tax Refunds Taxable?
Canadian stocks beat U.S. by most in 13 years and still have room to run
The S&P/TSX Composite Index has gained 3.1 per cent, outperforming the S&P 500 by more than eight percentage points Author of the article: Bloomberg News Stefanie Marotta The Toronto Stock Exchange in the financial district of Toronto. Photo by Aaron Harris/Bloomberg News files The surge in oil prices has fuelled a rally in Canadian stocks… Continue reading Canadian stocks beat U.S. by most in 13 years and still have room to run
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