US President Joe Biden announces student loan forgiveness on August 24, 2022, in the Roosevelt Room … [+] of the White House in Washington, DC. – Biden announced that most US university graduates still trying to pay off student loans will get $10,000 of relief to address a decades-old headache of massive educational debt across…
(Photo by Monika Graff/Getty Images) Getty Images The beginning of the new year is not only a time for new goals, but old ones — like compiling tax deductions from receipts and credit card records. Here are some of the top write-offs, courtesy of Josh Dudick of Top Dollar. Mortgage Interest. If you have a…
Sell button on a computer keyboard getty Investors often ask me when it’s time to sell a closed-end fund (CEF)—or what to look for in a CEF they should avoid buying in the first place. With 2023 now dawning, bringing a raft of challenges—and opportunities—for those of us who love high-yield CEFs, now is a…
China Last Night KraneShares Week in Review Asian equities started 2023 with China outperforming as the country gears up to allow foreign visitors to enter the country quarantine-free starting Sunday. On Wednesday, Alibaba’s Ant Group was approved by the China Banking and Insurance Regulatory Commission (CBIRC) to raise the consumer finance group’s capital reserves to…
| Getty Images Key Takeaways November 2022 pending home sales decreased 4% compared to October and 38% compared to a year ago. Many factors are leading to the slowdown, including high interest rates, fears of a recession, and unprecedented home sales in the past few years. While some experts predict a small decline in home…
(Photo By Nasa/Getty Images) Getty Images Key Takeaways An analyst from JP Morgan has highlighted just how similar the stock market and bond market is behaving compared to the 1969 recession. Not only that, but there are a range of economic factors that look eerily similar too, such as rising oil prices, increasing interest rates…
Topline The unemployment rate unexpectedly fell, and the labor market added back more jobs than expected in December, but economists note that the quality of jobs available to Americans is deteriorating as major employers start to slash costs—slowing down wage growth that has been fueling inflation in a positive sign for the Federal Reserve’s campaign…
We’re nearing the end of football season, and many of us are watching our favorite teams in the playoffs and indulging in some fantasy football of our own. There are a surprising number of parallels between what happens on the field and how we manage our finances. Let’s see what strategies we can take away…
| Getty Images Key takeaways Less than half of all the adults in America have the funds readily available to cover a $1,000 expense. Automating your savings is one of the best ways to build an emergency fund. Start small with a goal of $500 or $1,000, then try to save 3 to 6 months’…
| Getty Images Key takeaways VR headset sales were down in 2022, reflecting waning interest in a buggy metaverse. Even if consumers wanted to engage with this technology, the current price of headsets makes it inaccessible for many Americans. Several huge companies are releasing new VR headsets this year, including Apple, Meta, HTC and PlayStation.…