Officials from the Organization of the Petroleum Exporting Countries (OPEC) met U.S. shale oil company executives on the sidelines of the CERAWeek conference in Houston on Monday as energy prices soared over supply concerns. It was at least the fourth time since 2017 that U.S. shale oil producers and OPEC officials have held such meetings […]
Homebuyers just got more bad news: In January, 70% of homes for sale ended up in a bidding war. That’s the highest rate on record. Simply put: So far, 2022 hasn’t delivered any relief for home shoppers. Heading into 2022, there was a broad consensus in the real estate industry that home price growth would decelerate significantly this year. But […]
If you’re considering a Roth IRA conversion, your timing and yearly planning can significantly reduce the tax bite, financial experts say. The popular retirement savings strategy allows higher earners to skirt the income limits for Roth IRA individual retirement account contributions. While the maneuver may kickstart tax-free growth, you’ll owe levies on pretax deposits. And […]
U.S. President Joe Biden signed an executive order on Wednesday calling on the government to examine the risks and benefits of crypto. It’s a long-awaited directive that has had the crypto industry on edge, not least due to growing regulatory concern around the world surrounding the nascent digital asset market. There had been reports of a divide […]
Oil relentlessly marched higher beyond $110 a barrel on Wednesday, responding to a flood of divestment from Russian oil assets by major companies and expectations that the market will remain short on supply for months to come. The market’s surge has been dramatic, with global benchmark Brent crude gaining 11 percent this week alone after […]
Last year was full of tax changes — from the standard deduction and tax bracket increases and the standard deduction to extensions and expansions of 2020 tax provisions, like the expanded child tax credit. While there’s a lot of tax legislation to keep track of, knowing the key changes could help you maximize your tax return […]
Power The Future executive director Daniel Turner argued on Wednesday that the price of oil l can “easily” hit $150 a barrel amid the tension overseas and warned that if sanctions are ever imposed on Russian oil, which he admitted is “doubtful,” the price will soar to $200 a barrel. Turner argued that oil surging to […]
Wheat futures rose by the maximum allowed by the Chicago Board of Trade for a rare third day as Russia’s invasion of Ukraine stifles shipments from some of the biggest suppliers. Prices for the staple grain rocketed past $10 a bushel for the first time in more than a decade. Corn also leaped to a nine-year […]
OPEC has signaled it may actually be fine with oil at $100 after several cartel delegates said there were no plans to accelerate production growth despite soaring prices. Brent crude briefly topped $99 today after Russia’s President Vladimir Putin signed a decree recognizing the independence of the two eastern Ukrainian regions of Lugansk and Donetsk […]
Commercial real estate is among those asset classes that have the potential to offer stability of investment and competitive returns over the long term. While the general rule of thumb for any prudent investor is to stay invested for a longer duration, especially in commercial real estate, sometimes your goals might require you to invest […]
