FTX crisis puts new pressure on crypto markets. Getty Images Week three of the FTX crisis began on a down note for crypto investors as new questions arose following the collapse of the digital-asset exchange. The value of all cryptocurrencies dropped to about $788 billion from $820 billion in the 24 hours leading up to…
Close-up of Conservation easement with pen getty The full Tax Court in one of its regular decisions (Green Valley Investors LLC) has dealt a blow against the IRS in its struggle with abusive syndicated conservation easements. A key IRS move in the fight was Notice 2017-10 which made certain syndicated conservation easement transactions “listed transactions”.…
Long-term care insurance information, form, Folders and stethoscope. getty The federal government has suspended for two years its sale of long-term care insurance policies to its employees. Some industry experts question whether the program ever will return in its current form. The long-running initiative, called the Federal Long Term Care Insurance Program (FLTCIP), was halted…
UNITED STATES – MAY 12: From right, Terrence A. Duffy, CEO of the Chicago Mercantile Exchange, Sam … [+] Bankman-Fried, CEO of FTX US Derivatives, Christopher Edmonds, chief development officer of the Intercontinental Exchange, and Christopher Perkins, president of CoinFund, testify during the House Agriculture Committee hearing titled Changing Market Roles: The FTX Proposal and…
Financial advisor explaining paperwork to elderly retired couple front of desk getty For many trust grantors, choosing a trustee is one of the most challenging tasks of setting up a trust. The grantor must have confidence that the trustee will not only carry out their wishes, but also possess the stewardship skills necessary to protect…
In recent years, we’ve seen a seemingly never-ending stream of tragedy in the news—most recently Hurricane Ian devastating communities across Florida. And 2022’s market volatility and rising inflation has left many with less disposable income—pitting our compassion to help against worsening economic anxiety and financial constraints. But my role at Fidelity Charitable provides me a…
Our Retirement Funds have a history of delivering more for investors. getty History buffs often say that history has a way of repeating itself. Lessons from the past can become blueprints for future success. While we can’t predict the future or guarantee outcomes, we can say that T. Rowe Price’s Retirement Funds have a history…
An Applied Materials Inc. facility in Santa Clara, California. Photographer: David Paul … [+] Morris/Bloomberg © 2016 Bloomberg Finance LP Stocks that are killed in a given year often come back to life the following year, especially in January. This could mean resurrection, I believe, for such stocks as Moderna MRNA , Applied Materials AMAT…
CULVER CITY, CALIFORNIA – AUGUST 15: (L-R) Andy Jassy, Amazon President & CEO and Elana Jassy attend … [+] the Los Angeles Premiere of Amazon Prime Video’s “The Lord Of The Rings: The Rings Of Power” at The Culver Studios on August 15, 2022 in Culver City, California. (Photo by Kevin Winter/Getty Images) Getty Images…
Kazakhstan’s President Kassym-Jomart Tokayev leaves a voting booth to cast his ballot at a polling … [+] station in Astana, Kazakhstan, Sunday, Nov. 20, 2022. Tokayev easily beat five candidates after a politically tumultous start to the year. (Muhtor Holdorbekov/Kazakhstan’s President Press Office via AP) Kazakhstan’s President Press Office Kazakhstan went to the polls in…