Russia will use US dollars to pay foreign holders of a $2 billion bond, report says

Russia will use US dollars to meet its April 4 payment obligations to foreign bondholders, Bloomberg reported Wednesday.  The Finance Ministry earlier offered rubles to repay local investors of dollar-denominated bonds.  Russia is facing a deadline next week on a payment to a $2 billion bond.  Loading Something is loading. Russia will use US dollars… Continue reading Russia will use US dollars to pay foreign holders of a $2 billion bond, report says

Nintendo falls 6% after it delays highly anticipated sequel to Zelda franchise until spring 2023

Nintendo stock fell as much as 6% on Wednesday after the company delayed its Zelda sequel.The unnamed follow-up to “Breath of the Wild” was expected to be released on the Nintendo Switch later this year.The game has since been delayed until spring 2023 as Nintendo further develops the game. Loading Something is loading. Nintendo stock… Continue reading Nintendo falls 6% after it delays highly anticipated sequel to Zelda franchise until spring 2023

Restoration Hardware falls 13% as furniture retailer reports mixed earnings results and CEO warns of ‘big short’ style economy

Restoration Hardware fell 13% on Wednesday after the company offered soft guidance for the quarter ahead.CEO Gary Friedman likened the uncertainty of today’s economy to a scene from the 2015 film The Big Short.”I couldn’t be more excited, but I can be more uncertain, and that’s just the story,” Friedman said. Loading Something is loading.… Continue reading Restoration Hardware falls 13% as furniture retailer reports mixed earnings results and CEO warns of ‘big short’ style economy

TurboTax Answers Most Commonly Asked Tax Questions

Although the federal tax deadline is April 18, taxpayers are encouraged to file their taxes now to get their refund ASAP. Most people receive a tax refund each year, and last year the average federal tax refund was about $2,766. Our TurboTax Live experts look out for you. Expert help your way: get help as… Continue reading TurboTax Answers Most Commonly Asked Tax Questions

BlackRock President, 65, Issues Warning to ‘Entitled’ Youngsters

Throughout the years, it seems, older generations have criticized younger ones for being soft. Whether it’s baby boomers or Millennials, many of their elders think they haven’t measured up in terms of dealing with life and its setbacks. BlackRock President Rob Kapito, 65, expressed similar sentiment in a talk at an energy conference Tuesday, Bloomberg… Continue reading BlackRock President, 65, Issues Warning to ‘Entitled’ Youngsters

David Rosenberg: Three investing themes beyond energy in these uncertain geopolitical times

Here are some longer-term thematic opportunities that have opened up for investors to explore in their own portfolios Traders work on the floor of the New York Stock Exchange. Photo by REUTERS/Brendan McDermid/File Photo By David Rosenberg and Marius Jongstra Advertisement 2 This advertisement has not loaded yet, but your article continues below. The war… Continue reading David Rosenberg: Three investing themes beyond energy in these uncertain geopolitical times

The battle for your toilet paper is on

‘Toilet paper has never looked so dang sexy’ Author of the article: Bloomberg News Daniela Sirtori-Cortina Customers shop in Norbert Kremsreiter’s fashion store, which originally sells clothes and food, and recently toilet paper and other toiletries, in Freyung, Germany. Photo by REUTERS/Andreas Gebert files Early in the pandemic, toilet paper shortages pushed weary Americans to… Continue reading The battle for your toilet paper is on

Barry Choi: How to invest in real estate when you can’t afford a huge down payment

There are ways to own a house without a massive down payment Author of the article: Andrey Popov/Shutterstock As the cost of housing continues to rise, some people are feeling homeownership slip through their fingers. But just because you don’t own your primary residence, that doesn’t mean you can’t invest in real estate. There are… Continue reading Barry Choi: How to invest in real estate when you can’t afford a huge down payment