A promotion can feel like a green light to upgrade your lifestyle. But before you make any big purchases or or open new accounts, take a look at what that increased income means for your budget, your tax liability and your long-term financial goals.”One of the biggest mistakes people make after receiving a raise or income boost is making drastic changes to their budget,” says Chloe Moore, a certified financial planner and founder of Atlanta-based Financial Staples.”A lot of times they don’t fully understand how that raise affects their take-home pay or tax situation,” Moore adds. “They jump straight into…
Author: usaeverydaylife
Low angle view of tall buildings in Tokyo, Japan, showcasing diverse architectural stylesGeorge Pachantouris | Moment | Getty ImagesAsia-Pacific markets fell Tuesday, following a tech-led slide on Wall Street.Japan’s benchmark Nikkei 225 slid 0.92%, while the Topix declined 0.6%. South Korea’s Kospi was 0.64% lower while the small-cap Kosdaq slid 0.58%.Hong Kong’s Hang Seng index lost 0.86%, while mainland CSI 300 was flat.Australia’s benchmark S&P/ASX 200 fell 0.76%.Yields on Japan’s 20-year government bond rose almost 4 basis points to 2.78%, the highest since July 1999, data from LSEG showed. Yields on the 10-year government bond rose around 2 basis points…
Gold prices have been smashing new records this year, and a growing cadre of wealthy investors and family offices are no longer content to let their gold bars sit idle in vaults. They are leasing their bullion to refiners, jewelers, and fabricators for interest, defying gold’s reputation as a non-yielding asset. “We’ve got a whole bunch of phone calls with people saying, I have $2 million of gold bars, I have a million dollars-worth of gold bars. Can you lease it out for me?” said Gaurav Mathur, founder of SafeGold. “What’s changed very substantially in the last few months is…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailFast Money’Mad Money’ host Jim Cramer joins ‘Fast Money’ traders to talk the state of play in the markets as Big Tech weighs on markets.04:514 hours ago Source link
A broadcast screen at the Bombay Stock Exchange (BSE) in Mumbai, India, on April 3, 2025, displays news of U.S. President Donald Trump announcing sweeping new trade tariffs. Nurphoto | Nurphoto | Getty ImagesIndia’s goods trade deficit hit an all-time high of $41.7 billion in October as gold imports surged on festive season demand, while exports to U.S. bore the brunt of steep tariffs.The deficit, which was sharply wider than Reuters poll estimates of $28.8 billion, topped the previous all-time high of $37.8 billion in November 2024, according to LSEG data.During October, India imported gold worth of $14.7 billion, up…
Stephen Gengaro, Stifel, joins ‘Fast Money’ to talk his bullish take on Tesla. Source link
Bitcoin fell on Monday, stirring up concerns that a broader stock market downturn could soon follow. The world’s largest cryptocurrency by market capitalization was last trading at $91,529, or roughly 2.9% lower on the day, reversing its recovery from its six-month-low price hit on Friday. The S & P 500 was last trading 1.3% lower on the day. Bitcoin’s price action is a “leading indicator” for U.S. stock market trends, eToro analyst Bret Kenwell told CNBC. So, if bitcoin’s drop-off steepens, U.S. equities are also likely to plunge deeper into the red, he said. “In the short-term … a sustained…
Larry SummersCameron Costa | CNBCFormer Treasury Secretary Larry Summers said Monday that he was stepping back from all public commitments amid fallout from the release of emails between him and sex offender Jeffrey Epstein.”I am deeply ashamed of my actions and recognize the pain they have caused. I take full responsibility for my misguided decision to continue communicating with Mr. Epstein,” Summers said in a statement obtained by CNBC.”While continuing to fulfill my teaching obligations, I will be stepping back from public commitments as one part of my broader effort,” said Summers, who is a former president of Harvard.Summers is…
People pose for pictures at the Wall Street Bull in New York’s Financial District on June 24, 2024 in New York City. Spencer Platt | Getty Images The Nasdaq Composite dropped 0.84% Monday stateside as technology stocks were under pressure, with Apple, Meta and Oracle retreating more than 1% each.Artificial intelligence lynchpin Nvidia performed worse, losing almost 2%. CEO Jensen Huang in October said the chipmaker had “half a trillion dollars” of business on the books for 2025 and 2026. When Nvidia reports its third-quarter earnings Wednesday stateside, investors will be combing through Huang’s comments for signs of strong 2026 growth,…
Russia’s Prime Minister Mikhail Mishustin shakes hands with Chinese Premier Li Qiang during a meeting in Moscow on Nov. 17, 2025.Alexander Miridonov | Afp | Getty ImagesChina is ready to deepen cooperation with Russia in energy, agriculture and other investments, Premier Li Qiang said during a meeting with Russian Prime Minister Mikhail Mishustin in Moscow on Monday.Li told Mishustin that China welcomes more agricultural and food products from Russia, according to the official news agency Xinhua.China also hopes Russia will make it easier for Chinese enterprises to invest and operate there, Xinhua said in its report, citing Li.Mishustin told Li that the cooperation between the two sides has repeatedly proven its resilience to external challenges.”Our cooperation in the energy sphere is of a special, strategic nature and…
