The U.S. Department of the Treasury building Julia Schmalz | Bloomberg | Getty Images Some investors may be grappling with the sting of higher-than-expected capital gains for 2021 and losses in 2022. But experts say tax-planning opportunities may soften the blow. Individuals paid significantly more taxes this season, and the surge in capital gains in
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In this article BRK.A Berkshire Hathaway Chairman and CEO Warren Buffett. Andrew Harnik | AP Citigroup shares got a boost from Warren Buffett who just disclosed a big stake in the struggling bank. The bank stock jumped more than 5% in premarket trading after a filing revealed Monday evening that Buffett’s Berkshire Hathaway added more
Fotostorm | E+ | Getty Images Rising inflation has exacerbated an existing problem for millions of older Americans: They don’t have enough to live comfortably in retirement. Without enough savings, and the average Social Security check coming in at just over $1,500 a month, many retirees struggle to make ends meet. The good news is
In this article JPM WFC High home prices aren’t the only reason behind dwindling homeownership in the U.S. Banks and financial institutions aren’t issuing enough small-dollar mortgages that help families with modest incomes to purchase a property. “It is particularly hard for people who are buying smaller houses with smaller mortgages to find a lender
NIBC heeft deze week de rente op spaardeposito’s met een looptijd van twee jaar verhoogd van 0,25% naar 0,5%. ABN Amro, Nationale-Nederlanden Bank en Rabobank schroefden eerder deze maand hun depositorentes al op. De banken volgen daarmee de fors gestegen rente op de kapitaalmarkt. De rentevergoeding op gewone spaarrekeningen zit nog niet in de lift.
MKB-Nederland, INretail en Koninklijke Horeca Nederland pleiten samen met tal van andere brancheorganisaties[1] voor een gematigde indexering van de huurtarieven, waarbij de energieprijzen buiten beschouwing blijven. Huurders betalen de hogere energieprijzen immers zelf al. De partijen doen een klemmend beroep op pandeigenaren om de kerninflatie, van nu zo’n 3,5%, te gebruiken bij de automatische huurindexering
‘Door minder bureaucratie, slimmer te werken en meer uren werken aantrekkelijker te maken kunnen belangrijke maatschappelijke sectoren -zorg, onderwijs, veiligheid, rechtspraak en kinderopvang- de arbeidsmarktkrapte verminderen’. Dat schrijft de Sociaal Economische Raad (SER) vandaag in een advies aan het kabinet. Aanpak korte en lange termijn In een motie had de Tweede Kamer het adviesorgaan van werkgeversorganisaties,
Charging port for a Ford Motor Co. Mustang during the Washington Auto Show in Washington, D.C., on Friday, Jan. 21, 2022. Al Drago | Bloomberg | Getty Images As gas prices hit record highs, some Americans might be tempted to go electric and ease the pain at the pump. But finding a shiny, new electric vehicle
In this article JWN A pedestrian and cyclist wear facemasks outside a branch of department store chain Nordstrom in Santa Monica, California on May 11, 2020. Frederic J. Brown | AFP | Getty Images Nordstrom on Tuesday reported fiscal first-quarter sales ahead of analysts’ expectations and hiked its full-year outlook, citing momentum in the business
A Nordstrom store in Irvine, California. Scott Mlyn | CNBC Check out the companies making headlines after hours. Nordstrom — Shares jumped 7% after the retailer surpassed earnings expectations and raised its full-year outlook. Nordstrom CEO Erik Nordstrom said the company has experienced a surge in demand from shoppers refreshing their closets for “long-awaited occasions.”
Bill Oxford | E+ | Getty Images If you’re still waiting for a tax refund, there’s a silver lining: it may be accruing interest, and the rate jumps to 5% from 4% on July 1, according to the agency’s latest quarterly adjustment. Typically, the IRS has 45 days after the filing deadline to process returns
Gabe Plotkin, chief investment officer and portfolio manager of Melvin Capital Management LP, speaks during the Sohn Investment Conference in New York, May 6, 2019. Alex Flynn | Bloomberg | Getty Images Melvin Capital Management, the hedge fund burned by the GameStop mania, said it will unwind its funds and return cash to investors as