Understanding The Wealth-Creating Power Of Cryptocurrency 

Understanding The Wealth-Creating Power Of Cryptocurrency 

Well, one thing is for sure: Nothing is going to be the same in the cryptocurrency market after this year. Perhaps the most jarring example of the bearish crypto market this year has been the complete collapse of Terra (LUNA). As you…
Walmart Heir Leads Group To Buy Denver Broncos

Walmart Heir Leads Group To Buy Denver Broncos 

A group led by Rob Walton, the son of Walmart Inc. founder Sam Walton, agreed to buy the National Football League’s Denver Broncos for an amount that’s likely to be the highest ever paid for a US professional sports team. Walton’s group…
OPEC Boost Oil Production As Gas Prices Soar

OPEC Boost Oil Production As Gas Prices Soar

The consortium of the world’s largest oil-producing countries agreed to boost fossil fuel production faster than expected Thursday as energy prices rise worldwide due to Russia’s drawn-out war in Ukraine. The member nations of OPEC+…
Is A Roth IRA Conversion The Right Move?

Is A Roth IRA Conversion The Right Move?

With a traditional Individual Retirement Account (IRA), an account owner contributes pre-tax dollars and withdrawals during retirement are then taxable. Conversely, contributions to a Roth IRA are made with after-tax dollars and withdrawals…
Permian Basin Leaves Rivals Behind As Production Continues To Grow

Permian Basin Leaves Rivals Behind As Production Continues To Grow

Permian oil production growth is set to outpace OPEC heavyweight Iraq this year and next as demand for oil surges on historically tight supply, Rystad Energy research shows. Total oil output from the Permian, including both conventional and…
Keep An Eye On These 'Overvalued' Housing Markets 

Keep An Eye On These ‘Overvalued’ Housing Markets 

Fundamental economics tells us that home price growth and income growth are interwoven. Neither can outrun the other for very long. That is what’s concerning about the pandemic’s housing boom: Over the past year, home price growth (20.6%)…
Oil Prices Hit $110 As Europe Prepares To Ban Russian Crude 

Oil Prices Hit $110 As Europe Prepares To Ban Russian Crude 

Oil soared to $110 mid-Wednesday as details on the European Union’s plans to ban Russia oil continue to be revealed and digested by the market. Up 4.75% on the day as of 1:53 p.m. EST, just under $110 per barrel, oil prices are responding…
Fed Raises Interest Rates By 0.50%, Largest Move Since 2000

Fed Raises Interest Rates By 0.50%, Largest Move Since 2000

The Federal Reserve on Wednesday raised short-term interest rates by 0.50%, as part of an effort to tamp down the inflationary pressures weighing on Americans. The central bank suggested that it will further raise borrowing costs throughout…
Natural Gas Rise 9% To Highest Level Since 2008 As Russia's War Roils Energy Markets

Natural Gas Rise 9% To Highest Level Since 2008 As Russia’s War Roils Energy Markets

U.S. natural gas surged Tuesday to the highest level in nearly 14 years as Russia’s invasion of Ukraine wreaks havoc on global energy markets. Henry Hub prices jumped more than 9% at one point to a session high of $8.169 per million British…
Here's How Much Cash Retirees Need To Weather A Stock Market Downturn

Here’s How Much Cash Retirees Need To Weather A Stock Market Downturn

Amid high inflation and rising interest rates, there are fears of a prolonged stock market downturn, and some retirees may be vulnerable without a cushion of cash, financial experts say. However, there’s also the risk of crumbling purchasing…