Category: Financial News

February 1, 2018
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As a last-minute amendment to the Tax Cuts and Jobs Act, Sen. Ted Cruz (R-Texas) added a provision to allow families pay for up to $10,000 per year of K-12 expenses with a 529 plan. This inclusion is said to...

January 17, 2018
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Bitcoin slid to $10,000 on Wednesday for the first time since Dec. 1, leaving the cryptocurrency down by close to half from its peak hit last month. Bitcoin's sell-off, sparked by fears of a regulatory crackdown, deepened Wednesday with the...

January 10, 2018
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Prices in Korea are consistently higher than those elsewhere Local foreign-exchange rules have made profiting difficult It’s the kind of market anomaly that savvy traders usually devour in fractions of a second: bitcoin prices in South Korea are 43 percent...

December 13, 2017
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“To the moon!” The phrase is the battle cry of true believers in cryptocurrency bitcoin—and charts of its price in recent weeks point directly heavenward. Yet beyond a batch of newly minted crypto-millionaires, the digital asset’s recent bull run has...

December 5, 2017
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Housing-industry trade organizations immediately condemned House Republicans' tax bill when it passed in mid-November. Senate Republicans' version passed over the weekend. Unlike the House's bill, it doesn't halve the mortgage interest deduction, but it could still remove tax benefits for...

November 28, 2017
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Republican senators were scrambling to negotiate changes to the tax legislation ahead of key committee and floor votes later this week. Senate Republicans got some sorely needed momentum behind their tax overhaul Tuesday as key GOP swing votes inched closer...

November 14, 2017
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The Senate tax-writing committee continued hammering out the details of its tax cut proposal Tuesday, while the House may vote on its bill as soon as Thursday. Here are the latest developments, updated throughout the day: Thune: ACA Mandate Repeal...

October 17, 2017
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The Dow topped 23,000 for the first time in its 121-year history Tuesday, extending a bull market rally that began nearly nine years ago. This year has been full of milestones for the Dow Jones industrial average. The blue-chip stock...

October 3, 2017
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The chairman and CEO of Berkshire Hathaway Warren Buffett said Tuesday that passive investing works in any market environment and so he'd be willing to wager again against active investing for the next 10 years. A decade ago, the billionaire...

September 19, 2017
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U.S. government debt yields fell on Tuesday as investors looked ahead to fresh economic data and a key Federal Reserve meeting. The yield on the benchmark 10-year Treasury notes, which moves inversely to its price, was lower at around 2.222...

September 19, 2017
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The digital currency’s value depends on it becoming digital gold—or on criminals Behind every bubble is a good idea bursting to get out, and bitcoin kind of looks like a good idea, at least if you squint a bit. A...

August 25, 2017
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Online banks are giving traditional banks a run for their money. Interest rates at online banks are as much as four times higher than bricks and mortar banks and credit unions, according to a survey released by DepositAccounts.com, a blog...

August 24, 2017
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So you've made the move and upgraded to a new job, and likely more responsibility and a bigger paycheck. Congratulations — just don't forget about your 401(k) plan. You'll need to make a few retirement savings-boosting moves to ensure your 401(k)...

August 3, 2017
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Bitcoin faces a pivotal moment as investors are about to receive an entirely new asset called Bitcoin Cash after the blockchain supporting the cryptocurrency is forced to split in two. "The creation of Bitcoin Cash is certainly a pivotal moment for...

July 25, 2017
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Greece successfully sold debt to private investors for the first time in three years on Tuesday, making a significant first step towards financial independence when its third international bailout ends next year. The deal came a month after euro zone...