Boom In Bitcoin, Stock Market Triggers Explosion In Taxable Gains

Boom In Bitcoin, Stock Market Triggers Explosion In Taxable Gains

A clever little term is being bantered about on social media this tax season to describe how tax preparers might break the bad news to clients: Congratudolences. It's a word you might offer, according to the Urban Dictionary, to a co-worker…
$150 Oil Is Still A Distinct Possibility

$150 Oil Is Still A Distinct Possibility 

The European Union seems to be warming to the idea of direct sanctions on Russia’s energy industry, slapping a ban on imports of coal for starters. The United States is releasing 180 million barrels of crude, and several IEA members…
OPEC+ Agrees To Lift Production Quotas

OPEC+ Agrees To Lift Production Quotas

The OPEC+ meeting has concluded that no change in production plans is needed, agreeing to lift the group’s production by another 432,000 barrels per day starting in May. The 32,000 bpd above the originally agreed to 400,000 bpd is due to…
Free-For-All In Helium Market Could Send Prices Sky-High 

Free-For-All In Helium Market Could Send Prices Sky-High 

The gas is helium. The gas that is critical for everything from supercomputing and space travel to MRIs and medical and scientific research was facing a supply shortage even before Russia launched a war on Ukraine. Now, the supply squeeze…
Latest Inflation Barometer Shows Core Prices Up 5.4%, Here's What The Fed Could Do Next

Latest Inflation Barometer Shows Core Prices Up 5.4%, Here’s What The Fed Could Do Next

There’s no doubt that consumer prices are on the rise. But just how much depends on what data you're referencing. The personal consumption expenditures (PCE) price index—which is the preferred inflation barometer for the Federal Reserve—released…
U.S., EU Strike LNG Deal As Europe Seeks To Cut Russian Gas

U.S., EU Strike LNG Deal As Europe Seeks To Cut Russian Gas

The United States will work to supply 15 billion cubic metres of liquefied natural gas (LNG) to the European Union this year to help it wean off Russian energy supplies, the transatlantic partners said on Friday. The EU is aiming to cut its…
Short Squeeze Sends Oil Prices Above $120

Short Squeeze Sends Oil Prices Above $120

Oil pushed higher ahead of high-level meetings that may result in fresh sanctions on Russia, and as a vital Black Sea terminal may be disrupted for weeks following storm damage. Overnight, Reuters reported that Russian and Kazakhstan oil…
The Way People Invest In Real Estate Has Changed – What This New Strategy Means For Investors

The Way People Invest In Real Estate Has Changed – What This New Strategy Means For Investors

Residential rental properties have been the most common investment option for most people wanting to build wealth through real estate investing. A modest savings account could cover the down payment on a single-family home in many parts of the…
Tuition & Fees Deductions: Can You Still Get A Tax Break In 2022?

Tuition & Fees Deductions: Can You Still Get A Tax Break In 2022?

The cost of going to study at college in the United States seems to be getting pricier with each year that passes, with the average amount paid for tuition, fees, room and board for an in-state student in the 2021-22 school year being 27,650…
Oil Prices Bolstered By Falling Crude Inventories

Oil Prices Bolstered By Falling Crude Inventories

Crude oil prices continued up today after the Energy Information Administration reported a crude oil inventory draw of 2.5 million barrels for the week to March 18. This compared with a build of 4.3 million barrels for the previous week,…