Gifts to charity are one of the best tax-saving opportunities available. Not only does the charity benefit, but taxpayers enjoy tax savings by deducting part or all of their contributions on their tax returns. For 2021, special rules extend and expand the generous tax treatment for qualifying cash contributions previously allowed nonitemizers in 2020. Nonitemizers
Month: December 2021
A software rendering shows a recreation of Russia’s anti-satellite weapons test and the destruction of satellite Kosmos 1408, with the debris field in red. AGI The Pentagon called for a global halt to anti-satellite weapons testing on Wednesday, further decrying the practice after Russia’s destructive demonstration last month showered low Earth orbit with debris. “We
US defence secretary Lloyd Austin has said China’s development and test of a hypersonic weapon had increased tensions in the Indo-Pacific region and underscored why China was the top challenge for the American military. “We know that China conducted a test of a hypersonic weapon on the 27th of July,” Austin said in his first
Thai conglomerate Central Group is in advanced talks to buy retailer Selfridges from Canada’s billionaire Weston family, according to three people familiar with the matter. A deal for one of the retail industry’s trophy assets, which the Weston family had been aiming to sell for about £4bn, may be reached in the next several weeks,
A Dallas-based independent broker dealer is suing a Nashville resort over a $1.3 million bill racked up for an advisor conference that never took place. It’s the latest in Covid-related fallout for both wealth management and the events industry, which saw most major bookings cancelled over the past nearly two years. Avantax Wealth Management has
Vitesco Technologies Group AG (VTSCF – Research Report) received a Hold rating and a EUR46.00 price target from Goldman Sachs analyst George Galliers today. The company’s shares closed last Monday at $49.41. According to TipRanks.com, Galliers is a 2-star analyst with an average return of 1.5% and a 53.7% success rate. Galliers covers the Consumer
In this article CRM AMBA HPE BOX BIRD DASH Check out the companies making headlines in premarket trading. Salesforce — Shares of the software giant dropped more than 6% in premarket trading despite a better-than-expected third-quarter earnings report. The company’s fourth-quarter guidance missed analysts’ expectations. Salesforce also announced it promoted Bret Taylor to the role of co-CEO, alongside
Sharing is Caring! That was one of the ugliest reversals I’ve ever seen. pic.twitter.com/DevtZpk8j9 — Mac10 (@SuburbanDrone) December 1, 2021 #recession … #StockMarket #Bubble edition Looks like China is leading the USA again… 📉 t.co/glCxGvwcym — Invariant Perspective (@InvariantPersp1) December 1, 2021 #recession … #GFC2 US #manufacturing #PMI edition Already waning after many trillions of
Republican senator for Wyoming Cynthia Lummis has argued that the Federal Reserve is “violating the law” by delaying the processing of applications from crypto-native banks to receive accounts at the central bank. In a Nov. 30 op-ed for the Wall Street Journal, Lummis claimed that the Fed was treating the Special Purpose Depository Institutions (SPDIs),
Shopping for a new home in late November most likely gave frustrated buyers little to be thankful for as demand for homes continued to outpace supply. The number of homes for sale hit an all-time low during the week ending November 28, according to a new report from Redfin, a technology-powered real estate brokerage. During that period,
sponsored Everscale (ex FreeTON) network developers Broxus have announced the opening of their Everscale Grants program. The grants program will provide crucial financial and professional support to promising IT startups that qualify. November has been a busy month for the Everscale network. Early on the project, which previously was called FreeTON, announced it would be
If you inherited an individual retirement account (IRA) in 2021 from someone who was taking RMDs (required minimum distributions), are you aware that you might need to take action before the year ends? You, the beneficiary, may face a steep penalty if the deceased owner did not withdraw his or her full RMD for 2021.
California is well-positioned to qualify for the plethora of federal broadband infrastructure money available through the $1.2 trillion infrastructure bill, according to Sen. Alex Padilla and others who spoke during an online event Tuesday. California Forward and California Emerging Technology Fund hosted the online webinar with Padilla, D-Calif., and several other speakers. The topic: what
(Kitco News) This will be a “decade of shortage” defined by high inflation and a failed attempt to raise rates – the perfect combo to trigger a massive rally in gold, said Goehring & Rozencwajg Associates managing partner Leigh Goehring. Next year, inflation could already be pushing 9%, and it could get a lot worse,
Is controlling inflation even possible without blowing up all the over-leveraged countries, companies and individuals that now depend on… by John Rubino of Dollar Collapse Almost alone among the world’s serious nations, Germany has scenes like this within living memory: During the 1923 Weimar Republic hyperinflation, newly-destitute Germans burned their life savings to keep warm
Water is one of the planet’s most coveted and widely used resources. Like other commodities, such as oil and gold, water assets can add significant diversification to any portfolio. One of the best ways to gain exposure to the water industry is through a water exchange-traded fund (ETF). These ETFs invest in companies involved in
In this article F AMD NVDA CNBC’s Jim Cramer said Wednesday he’s not ready to sell any shares Nvidia yet, even though he recently booked some profits in two other big charitable trust winners Advanced Micro Devices and Ford. Cramer told “Fast Money Halftime Report” he believes that Nvidia could be a $10 trillion stock
The writer is an independent investment strategist and founder of the online research marketplace ERIC For the first time foreigners have a large enough position in renminbi-denominated securities to influence Chinese monetary policy. Foreign investment in China has historically focused on direct investment, and investment in portfolio assets was largely confined to foreign currency denominated
Laos will open a $6bn Chinese-built railway on Friday, the biggest public works project in its history, which analysts warn could expose the poor south-east Asian country to financial risk or political coercion from Beijing. The 414km line, which runs from Boten, near the Chinese border, to the capital Vientiane, has been constructed under China’s Belt
A messy arbitration case in which former Raymond James & Associates brokers sought $36 million ended in a confidential settlement and an award paying one of them $500. After a 26-session hearing, a three-member FINRA arbitration panel dismissed all but one of the allegations of defamation, unjust enrichment and other claims filed by financial advisors
An overall view of the Snowflake IPO banner on the front of The NYSE as employees of the tech company celebrate the largest tech IPO in exchange history, Sept. 16, 2020. Kostas Lymperopoulos | CSM | AP Check out the companies making headlines in after hours trading: Square — The payments company said Wednesday evening
Sharing is Caring! From Birch Gold Group This week, Your News to Know rounds up the latest top stories involving gold and the overall economy. Stories include: Gold retailers enjoy another good season, the Federal Reserve’s dietary recommendations for Thanksgiving, and what top analysts think of gold as an investment in the year ahead. Gold is
For traders who are undecided on Bitcoin’s (BTC) move, the “long condor with call options” yields optimal results with very low risk. This strategy offers protection down to $53,500, which would be a 7% downside move from the current $57,600, and returns a positive outcome up to $67,500. Options markets provide more flexibility to develop
The year ahead is likely to see further improvement in commercial real estate markets as the economy continues to recover from the Covid-19 pandemic. There are both upside and downside risks to the outlook. Here are the top ten developments to follow, ranked in order of increasing importance: 10. Commercial transactions volumes, property prices, and cap
While non-fungible token (NFT) assets have been extremely popular in 2021, there’s been a slew of issues tied to the ecosystem as well. A recent report indicates that roughly a dozen artists are considering taking legal action against an NFT collection called “Art Wars” because their original artwork was sold as NFTs without their consent.
Ever since the coronavirus pandemic reached the United States, baby boomers have been accelerating their retirement plans, and many Americans have been migrating to new states. For retirees, the non-financial considerations often revolve around weather, proximity to grandchildren, and access to quality healthcare and other services. However, if you are retired and no longer generating
Municipals were mostly steady throughout the day and the primary was the focus while U.S. Treasuries whipsawed and stocks sold off after the first Omicron case was reported in California. The Investment Company Institute reported $974 million of inflows into municipal bond mutual funds and another round of small outflows from exchange-traded funds. Treasuries ended
Top ten gold miner, Gold Fields (JSE, NYSE: GFI), said today its targeting 30% women representation by 2030. The miners said that in 2020 it had 21% gender diversity. The company released target dates for a several environmental social governance priorities. “Gold Fields has already made significant progress in many ESG priority areas, and we
While many silver investors realize that the paper silver market price is a lot lower than the physical supply and demand might indicate, what’s rarely discussed is… by Chris Marcus of Arcadia Economics With James Anderson, Bill Holter, David Morgan, Chris Marchese And Peter Krauth While many silver investors realize that the paper silver market
Once again, the U.S. government is up against a pair of fiscal deadlines. By midnight, Friday, Dec. 3, 2021, if Congress doesn’t act, many programs will lose funding, resulting in a partial government shutdown. Soon after, around Dec. 15, 2021, the country may reach its debt ceiling and no longer be able to borrow money