S&P Dow Jones to remove Russia stocks from its indexes in wake of Ukraine invasion, joining MSCI and FTSE

S&P Dow Jones Indices said Friday that it will remove all Russia stocks from its benchmarks next week. The change will take effect March 9 and will apply to all stocks listed or domiciled in Russia as well as ADRs and GDRs. The overseer of the Dow Jones Industrial Average and the S&P 500 will… Continue reading S&P Dow Jones to remove Russia stocks from its indexes in wake of Ukraine invasion, joining MSCI and FTSE

A Russian general has been killed in the fighting in Ukraine

A Russian general has been killed in the fighting in Ukraine. He is the most senior Russian military official to be killed in the conflict in Ukraine so far. Russia says nearly 500 soldiers have died in the fighting in Ukraine, but US officials say Russia’s casualty figures should be viewed with skepticism. Loading Something… Continue reading A Russian general has been killed in the fighting in Ukraine

Crypto Tax Tips: A Guide to Capital Gains and Losses

Despite the pandemic, investors have potentially made a lot of gains through cryptocurrency transactions, the stock market, and more. So what do people need to think about when it comes time to file taxes for the 2021 tax year? In the video above, Lisa Greene-Lewis, a certified public account (CPA) and TurboTax expert, gives some… Continue reading Crypto Tax Tips: A Guide to Capital Gains and Losses

Wall Street would ‘gladly applaud’ tech firms following Apple’s lead to ditch Russia, says Wedbush’s Dan Ives

Wedbush said Apple’s decision to halt sales in Russia should prompt other tech stalwarts to exit.  Oracle, Google, and other tech firms are limiting sales or business operations in Russia.  Wedbush analyst Dan Ives expects more tech firms by this weekend to say they’re leaving.  Loading Something is loading. Apple, Google and other US Big… Continue reading Wall Street would ‘gladly applaud’ tech firms following Apple’s lead to ditch Russia, says Wedbush’s Dan Ives

Crypto platforms are doing business ‘outside the law’ if they don’t register with the SEC, says regulator’s chief Gary Gensler

SEC Chair Gary Gensler said many crypto exchanges likely have securities available to trade and must disclose them to the regulator.  If they don’t disclose the securities, they are doing business “outside the law,” he told Yahoo Finance on Friday.  Gensler noted that many tokens in the past have been deemed securities. Loading Something is loading.… Continue reading Crypto platforms are doing business ‘outside the law’ if they don’t register with the SEC, says regulator’s chief Gary Gensler

Staying diversified may be tough in chaotic times, but it’s worth the trouble

Tom Bradley: I’m willing to accept that diversification isn’t free anymore. But make no mistake, it’s still a bargain Despite its benefits, diversification is facing challenges. Photo by Brendan McDermid/Reuters There’s an old saying that diversification is “the only free lunch in investing,” but I’m beginning to wonder if that’s still true. Advertisement This advertisement… Continue reading Staying diversified may be tough in chaotic times, but it’s worth the trouble

Stock Market Today: Stocks, Oil Slump in Seesaw Session | Kiplinger

Stock Market Today A mixed-news day with few new major developments out of Ukraine resulted in a largely lower Thursday for the major indexes.The major indexes lurched between positive and negative territory as investors flailed about on a relatively slow-news Thursday. Russia’s attacks on numerous Ukrainian regions continued even as negotiators sat for a second… Continue reading Stock Market Today: Stocks, Oil Slump in Seesaw Session | Kiplinger

15 Stocks Billionaires Are Selling | Kiplinger

The fourth quarter of 2021 saw many of America’s billionaire-owned hedge funds selling growth stocks in large quantities. That’s according to a Goldman Sachs report on 788 of the largest hedge funds’ 13F forms for the period ended Dec. 31, 2021. “The latest filings show hedge funds positioning for a different equity market environment than… Continue reading 15 Stocks Billionaires Are Selling | Kiplinger