New child care tax credit
- Business Insider
The rally in the S&P 500 this summer is flashing signs that the benchmark index could hit another all-time high before the end of the year, Fundstrat says
A key indicator that's preceded every new all-time high since 1950 is now flashing, Fundstrat said in a note Wednesday.
- Yahoo Finance
Gas prices are continuing to steadily decline after hitting a record high earlier this year, and one strategist is optimistic that it's a sign of things to come on the inflation front.
- Motley Fool
The stock market has trended lower this year, but it's not quite as beaten up as the cryptocurrency market. In November 2021, the cumulative value of all crypto tokens in existence topped $2.9 trillion, but just a few months ago that figure hit a low of $860 billion.
The co-founder of the failed Terra cryptocurrency, which collapsed and wiped out about $40 billion of investors' money in May, has admitted he was "wrong", but said that he was not talking to South Korean investigators.
- Motley Fool
If you ask personal-finance expert Dave Ramsey what one of his major pet peeves is, his answer will likely be consumer debt. Ramsey is very opposed to the idea of owing money to a lender in any shape or form. Not only does he think consumers should ditch credit cards and pay for purchases in cash, but he believes that it's ideal to purchase a car outright rather than have to take out an auto loan.
- Motley Fool
The largest automaker in the world by market cap is imminently conducting a stock split. Here's the 411 on what you need to know.
- Insider Monkey
In this article, we discuss the 10 stocks that Warren Buffett loaded up on for the rest of 2022. If you want to see more stocks in this selection, click Warren Buffett Loaded Up on These 5 Stocks for the Rest of 2022. Despite the high inflation and rising rates battering the US economy since […]
This contrarian investor gave a timely warning for the last big tech top. He now sees the biggest drop of this bear market dead ahead.
Get ready for the biggest selloff of this bear market yet, that is hardly over, says our call of the day from contrarian investor Steven Jon Kaplan.
Despite the vast depth of information and education available today, financial literacy isn't improving among adults in the U.S. A financial advisor can help you improve your financial literacy to better understand your money. Find a fiduciary advisor today. On average, … Continue reading → The post 23% of Adults Got Three-Quarters of Financial Literacy Questions Wrong: Can You Get Them Right? appeared first on SmartAsset Blog.
The stock market is finding support right now from two directions, a perception that the Fed is turning slightly dovish and will be a little less aggressive on its rate hikes going forward, and the Q2 earnings, which are coming in better than analysts had feared. The S&P 500 might still be down 10% for the year, but the index has gained 17% since its mid-June low, and with the macro environment appearing friendlier, investors will be hoping the change of sentiment won’t be a temporary one. Again
- Business Insider
An indicator with a perfect track record shows stocks haven't bottomed yet - and markets shouldn't rule out a hard landing, BofA says
The so-called Rule of 20 has flashed at every market bottom since September 1974, according to Bank of America.
Anyone involved in the investing game will know it’s all about “stock picking.” Choosing the right stock to put your money behind is vital to ensure strong returns on an investment. Therefore, when the Wall Street pros consider a name to be a 'Top Pick,' investors should take note. Using the TipRanks platform, we’ve looked up details on two stocks that have recently gotten ‘Top Pick’ designation from some of the Street’s analysts. So, let’s dive into the details and find out what makes them so.
Finding returns is the point of investing, it’s the path to profits and prosperity. But how to get there – that’s the question investors need to answer. One common strategy – and one that offers plenty of promise for investors who don’t mind shouldering the extra risk – is to go after penny stocks. Traditionally seen as stocks priced for just pennies per share, these equities are now defined as those with a share price of $5 or less. For the tough-minded investors, these low-cost stocks present
The pause on student loan repayments is ending soon, what are Biden’s options on student debt?
Student-loan borrowers will know 'soon' if the debt payment pause will be extended before it expires in 2 weeks, Biden's Education Secretary says
Education Sec. Miguel Cardona said he is "having conversations daily with the White House" on the student-loan payment pause that's expiring Aug. 31.
Most Americans have at least heard of a 401(k) plan, but there is another tax-advantaged workplace retirement plan out there - the 403(b). A 403(b) operates similarly to a 401(k), but is generally only available to public sector employees and … Continue reading → The post IRS May Close This RMD Loophole appeared first on SmartAsset Blog.
Since the pandemic hit in 2020, conspiracy theorists have had a field day. With seemingly everything in question, it’s been hard to discern real information from fake. An economic collapse is not a new phenomenon or new fear. However, the current scare feels closer than ever before. While nobody is a fortune teller, experts in the field share what they see coming. Here are some reputable investors and large active traders who have shared their thoughts on the matter. Elon Musk has aired his cand
Announced at the start of the pandemic in March 2020, the payment pause has been extended and even expanded several times, including four extensions ordered by Biden himself. As of mid-August, speculation was rampant that Biden would grant another extension, but the Department of Education wasn’t making any promises, other than telling The New York Times that the department’s “review of broad-based debt cancellation remains ongoing and no decisions have been made.” In the meantime, student loan debtors are advised to prepare for resuming their monthly loan payments.
If your real estate investment appreciates in value you'll generally pay capital gains upon selling, but there are ways to minimize your tax burden.
The Indian rupee closed higher on Wednesday marking its biggest single-day gain in more than one week spurred by dollar inflows, as improved risk appetite drove a rally in equities while the greenback posted losses. India's foreign exchange markets were shut on Monday and Tuesday. Dollar credits received by Indian exporters following the long weekend, healthy risk mood and weaker oil prices helped rupee make up for last week's underperformance, traders said.