Articles

Tax Guy: My inherited investment accounts have lost $28,000. Can I liquidate them and take a tax write-off?

Different accounts have different tax rules, and Tax Guy is here to sort it out.

: The Biden Administration has a new strategy for student loan forgiveness — but there are risks it could face the same fate

Advocates are pushing the administration to move quickly. 'It’s great that there is a plan, but what we need is we need action.'

: JPMorgan, Goldman, Citi and Morgan Stanley boost dividends after Fed stress tests

Major U.S. banks including Morgan Stanley, Wells Fargo and JP Morgan Chase & Co. announced dividend increases late Friday.

Personal Finance Daily: Here’s what happens next for your loans now that the Supreme Court blocked student-loan cancellation and advocates push Biden to use other tools to cancel student debt

Friday's top personal finance stories.

: Biden’s student loan ‘on-ramp’ explained: Missed payments won’t hurt credit, but interest keeps adding up

Here’s what you need to know about the next phase of the Biden administration’s student loan forgiveness and relief plan.

: A breakfast-cereal giant’s grumbles about prices could be music to the Fed’s ears

General Mills reported a drop in earnings for Q4 as consumers made fewer purchases. Some experts say the company's high prices aren't working anymore.

Deep Dive: These are the best-performing stocks in the 2023 bull market — and the worst

The cruise operators Carnival and Royal Caribbean have claimed spots alongside Nvidia, Meta Platforms and Tesla in the S&P 500 ranking of top five performers so far this year.

Key Words: This economist says he won’t rule out a Fed interest rate cut by year-end. Here’s why

Wharton professor Jeremy Siegel said on Friday that he is not ruling out an interest rate cut by the Federal Reserve by the end of the year, despite market expectations. 

Market Extra: History shows stock market’s bullish momentum in the first half could spill over into the second half, but analysts are not so sure

The U.S. stock market closed out a historically robust first half of the year that saw the technology-heavy Nasdaq Composite post its best opening six-month in four decades despite numerous downside risks. Stock-market analysts remained cautious about what history tells us about markets moving forward. 

: Apple clinches $3 trillion valuation, becoming first U.S. company to close at that mark

Apple Inc. closed out the June quarter with a bang, clinching a $3 trillion valuation for the first time.

: Supreme Court’s ruling against affirmative action leaves defense-related loophole

While the Supreme Court ruled against affirmative action in college admissions, it made an exception related to U.S. defense by exempting military academies.

Crypto: Spot bitcoin ETFs won’t be derailed as SEC reportedly details concerns, crypto insiders say

Industry insiders say exchanges and asset managers can overcome another apparent hurdle to a spot bitcoin ETF.
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