Since we’re in the midst of tax-return filing season and people keep asking, this is a good time to review one of my more popular posts. In it I answer two vital questions. How long should you keep tax returns you filed? How long should you keep the records backing up the tax returns? Most
Month: February 2022
Municipals rallied Thursday on a flight-to-safety bid after Russian troops invaded Ukraine, outperforming U.S. Treasuries while equities reversed major losses to end in the black. Triple-A yields were bumped from five to 10 basis points across the curves, while UST yields saw earlier double-digit gains fall to single digit basis points at the close. The
[embedded content] Russia is a heavyweight in the platinum group metals sector, noted Exploration Insights’ editor and analyst, Joe Mazumdar. Mazumdar spoke to Kitco on Thursday. While the oil and gas sector “takes front stage” in the resource space, the country has a major share of global output of some metals, too. “The biggest impact
We all know that gold and its fellows have bottomed (minor or major)* vs. broad stock markets, and… by Gary Tanashian from Notes From The Rabbit Hole Gold, silver and the miners in relation to SPY/SPX We all know that gold and its fellows have bottomed (minor or major)* vs. broad stock markets, and below
NEWS ALERT February 24, 2022, 3:53 p.m. EST: Oil briefly surpassed $100 a barrel, its highest price in 8 years, following the Russian invasion of Ukraine late Wednesday night. Oil generates revenue for countries with enough oil reserves to produce more oil than they consume. And for those economies that are heavily dependent on imports,
In this article RSX IEV Traders on the floor of the NYSE, Feb. 22, 2022. Source: NYSE The VanEck Russia ETF fell more than 21% on Thursday, shedding nearly a quarter of its already depressed value after Russia invaded Ukraine. The fund was down more than 28% year to date before Thursday’s sharp decline. This
European natural gas prices soared by almost 70 per cent and crude oil exceeded $105 a barrel for the first time since 2014 after Russia’s invasion of Ukraine triggered fresh worries about global energy supplies. Fears that a war could disrupt global energy supplies briefly sent Brent crude up as much as 9 per cent
Rishi Sunak, the UK chancellor of the exchequer, has been dragged into the “partygate” scandal after it emerged that he is among the people facing a police inquiry into lockdown-breaking events in Whitehall. Sunak’s allies confirmed he had been sent a questionnaire by police asking about his attendance at a party in Downing Street. He
Clients expect more from the relationships with advisors these days, which means advisory firms that want to retain current clients and obtain new clients must actively engage with their audiences. One of the best ways to do this is through a well thought out social media strategy. The following simple strategies can help you build
In this article MRNA BKNG LYV An illustration of a Live Nation Entertainment logo is seen on a smartphone and a pc screen. SOPA Images | Getty Images Check out the companies making headlines in midday trading Thursday. Live Nation – Shares of the live event producer popped more than 6% after the company reported
Sharing is Caring! by confoundedinterest17 US new home sales declined -19.3% YoY in January as mortgage rates have risen awfully fast. On a MoM basis, US housing starts declined -4.53% from December, but heck … its winter. The median price for new homes rose 7.03% from December. Median price of new home sales YoY is now
CryptoPunks enthusiasts and hopeful bidders gathered Wednesday night at Sotheby’s auction house in New York City for what tuned out to be a non-event after the consignor of 104 CryptoPunks decided to hodl. In the wake of this announcement, however, a live panel discussion on the history of nonfungible tokens (NFTs) and CryptoPunks took place.
Wallpaper has made a major comeback in recent years. It’s easy to understand why. Wallpaper is a touch that can truly transform a room. One of the most interesting brands to make a debut in this space is Housewife Essentials. Founded by serial entrepreneur and author, Molly Borman, the brand recently launched a line of super
The central bank of Ukraine has capped withdrawals of cash in national fiat and banned those in foreign currency. The monetary authority says the measures aim to ensure the functioning of the nation’s financial system under the martial law introduced in response to Russia’s military offensive. National Bank of Ukraine Restricts Hryvnia Withdrawals, Fixes Exchange
You don’t owe gift taxes and aren’t likely to because of the lifetime estate and gift tax exclusion, so you don’t have file a gift tax return. Right? Wrong, in a number of instances. You might need to file a gift tax return, even if you won’t owe gift or estate taxes. For 2022, the
The Illinois Sports Facilities Authority projects a nearly $30 million shortfall in hotel tax revenues needed to repay a state advance for debt service on Soldier Field bonds, and Chicago will have to cover the gap absent other mitigation actions. The authority has grappled with shortfalls over the last two years as hotel taxes —
Editor’s Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today’s must-read news and expert opinions. Sign up here! (Kitco News) – U.S. economic data continues to have little impact on the gold price as volatility dominates the marketplace following massive safe-haven
Further weakness is coming for… Peter Goodburn on Palisades Gold Radio Tom welcomes a new guest to the show, Peter Goodburn. Peter is the founding partner of WaveTrack International and has trading experience going back to the 1970s. He breaks down the concepts behind Elliott Wave trading and why it’s very useful in predicting price
What Was SegWit2x? SegWit2x was a proposed software upgrade designed to upgrade the block size limit and improve the overall transaction processing speed of Bitcoin. Although it was presented as a hard fork of the Bitcoin technology, it was never implemented. Key Takeaways SegWit2x was a proposed software upgrade designed to upgrade the block size
Serco has posted a 25 per cent jump in full-year pre-tax profit, driven by its support for governments in their response to Covid-19 and a rebound in its leisure and transport businesses. The London-listed outsourcer, which runs Covid testing sites in England and Ireland, on Thursday reported pre-tax profit of £192.2mn in 2021, up from
Shares in Rolls-Royce plunged on Thursday after the UK engineering champion said that its chief executive is to step down later this year after a turbulent reign at the helm. The timing of the announcement, coupled with muted guidance for the coming year sent shares tumbling 18 per cent to 96.60p by late morning in
Financial advisors and employers seeking to boost enrollment in retirement plans and benefits among Black and Hispanic workers must first change how they engage with them. In a webinar held Feb. 23 by the Employee Benefit Research Institute, experts said employers and advisors working with them can tap into vast potential from the gains in
In this article GCI SEAS LYV BABA MRNA W Check out the companies making headlines before the bell: Live Nation (LYV) – The live event producer’s shares jumped 5.4% in a down market after reporting better-than-expected quarterly revenue and saying it has already sold 45 million tickets for 2022 events even as ticket prices rise
Sharing is Caring! by confoundedinterest17 It has been almost 14 years since The Federal Reserve under Ben Bernanke unleashed zero interest rate policies (ZIRP) and quantitative easing (QE) in late 2008. And Fed monetary stimulypto is still running strong after almost 14 year of monetary mismanagement and asset bubble stimulation. The Federal Reserve under Bernanke and
Findings from an online survey of 1,500 United States-based consumers reveal people’s deep concerns over privacy and tech platforms’ outsize power while suggesting that Web3 is yet to become a household term. The study was fielded by global insights and strategy firm National Research Group (NRG) in January 2022. 54% of respondents said they were
Dig into the property records of a sprawling older house in a wealthy Boston suburb and one will occasionally come up with the name of a notable former owner. Although this brick Tudor in Wellesley, Massachusetts, dates to the late 1930s, its brush with fame takes place two decades later when sportscaster Curt Gowdy purchased it. A
Signage at the Intercontinental Shanghai Wonderland Hotel, developed by Shimao Group Holdings, in Shanghai, China, on Feb. 9, 2022. Qilai Shen | Bloomberg | Getty Images BEIJING — Moody’s downgraded Chinese property developer Shimao Group Holdings on Wednesday based on expectations that the company will find it harder to repay investors on time. The move
The multi-signature treasury management and settlement startup Zebec has revealed the company has raised $15 million in order to bolster a continuous and programmable cash stream protocol on the Solana blockchain. Zebec says the company aims to be the “payment solution for DAOs, crypto projects, Web3 and the metaverse.” Zebec Raises $15 Million to Bolster
The answer is that the loss from absence of complementarity is not generally recognized, the population segment that is victimized is not identified, and the regulatory structure responsible for the separation of functions is oblivious to the harm separation of functions has caused. The bottom line is what HUD, the regulator responsible, ought to do
Moody’s Investors Service has upgraded Fairfield University’s issuer credit and debt ratings to A2 from A3 and revised the outlook to stable from positive. The Connecticut-based Catholic university had $260 million in debt outstanding as of June 30. The upgrade comes in connection with the Connecticut Health and Educational Facilities Authority’s proposed $28 million of
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