A trader works on the trading floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S., December 28, 2021.Andrew Kelly/Reuters US stocks rose after an inflation gauge for December showed the fastest pace in four decades. The CPI gained 7% year-over-year last month, in line with the median forecast. But it… Continue reading US stocks jump as investors shake off inflation data showing prices climbing at the quickest pace in 4 decades
The first Web3 ETF is in the works as investors clamor for exposure to the future of the internet
A chain of block erupters used for Bitcoin mining is pictured at the Plug and Play Tech Center in Sunnyvale, California, October 28, 2013. REUTERS/Stephen LamREUTERS/Stephen Lam Simplify Asset Management has applied for an ETF focused on Web3. The fund would trade under the ticker “WIII,” a regulatory filing showed. The ETF would invest up… Continue reading The first Web3 ETF is in the works as investors clamor for exposure to the future of the internet
Virtual land developer Metaverse Group is investing up to $1 million in a platform where users can buy digital versions of Central Park and the Eiffel Tower
Billions of global virtual land plots are up for sale on the SuperWorld platform.SuperWorld Metaverse Group will invest up to $1 million in SuperWorld, where users can buy virtual versions of global landmarks. An initial investment of $250,000 will be used to buy land plots on the platform that’s digitally mapped the Earth’s surface. Metaverse… Continue reading Virtual land developer Metaverse Group is investing up to $1 million in a platform where users can buy digital versions of Central Park and the Eiffel Tower
Crypto Thrill Ride Comes With Old School Tax Bite
And now the bad news. With all the excitement surrounding cryptocurrency and non-fungible tokens, or NFTs, over the last few years, the idea of actually paying taxes on any of this stuff might not have occurred to some people. However, it has most definitely occurred to the Internal Revenue Service and they have proven quite eager… Continue reading Crypto Thrill Ride Comes With Old School Tax Bite
Lumber prices are ‘looking like a repeat of 2021’ as housing demand remains red-hot and supply chain disruptions persist
Hill Street Studios/Getty Images A survey of home builders revealed expectations that lumber prices will continue to soar in 2022.The expected boom comes as demand for homes remains strong and supply chain disruptions persist.”Lumber is expected to go back up significantly this year,” one home builder in Austin said.Sign up here for our daily newsletter,… Continue reading Lumber prices are ‘looking like a repeat of 2021’ as housing demand remains red-hot and supply chain disruptions persist
Gold struggles to attract investors as interest rates rise
UBS expects the price of gold to sink to US$1,650 an ounce by the end of this year Author of the article: Financial Times Chris Flood Assets worth US$209 billion are held in ETFs backed by physical gold. Photo by REUTERS/Leonhard Foeger/File Photo Gold exchange-traded funds were hit by net outflows of US$9 billion last… Continue reading Gold struggles to attract investors as interest rates rise
Canadian oil stocks: Primed for growth
This advertisement has not loaded yet, but your article continues below. Watch: When it come to oil stocks, are Canadian oilsands more attractive than international equivalents? A TORC oil and gas pump jack near Granum, Alberta. Photo by REUTERS/Todd Korol/File Photo Article content Rafi Tahmazian, Senior Portfolio Manager at Canoe Financial, talks with Financial Post’s… Continue reading Canadian oil stocks: Primed for growth
4 Tips on How to Build a Better Bond Position | Kiplinger
bonds In a world where stock markets keep setting records, bonds look quite dull in comparison. But don’t give up on them! Polish up your bond portfolio using these strategies.It’s not easy being a bond investor. The struggle is real. Yields are low. Returns are flat. Meanwhile the S&P 500 stock market index rose nearly… Continue reading 4 Tips on How to Build a Better Bond Position | Kiplinger