Fort Myers, Florida. Philippe TURPIN | Photononstop | Getty Images There’s no place like home. Unless, of course, you are retired. Lured by better weather, lower taxes or an improved quality of life, many older Americans consider relocating to stateS like Florida or the Carolinas. To that end, U.S. News & World Report determined the
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Treasury and the Internal Revenue Service issued proposed regulations Tuesday to help taxpayers avoid adverse tax consequences from changing the terms of debt, derivatives, and other financial contracts to alternative reference rates from interbank offered rates such as Libor. Libor, an acronym for the London Inter Bank Offered Rate, is being phased out at the
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Introduction There are some sectors of the market I only use funds to invest in (Emerging Markets, MicroCap, BioTech). As an investor, we all decide where to spend our time in selecting assets to own. My current focus is picking stocks to write cash-covered puts against. One of the reasons I like XBI over the
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A new lawsuit claims crypto exchange Bitfinex and its sister company Tether manipulated the crypto market, harming traders and benefiting themselves. Bitfinex and a number of affiliated entities engaged in deceptive, anti-competitive and market manipulative practices, resulting in economic damages for the plaintiffs, according to a class action lawsuit filed Sunday in New York. The
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This report was initially posted to members of Yield Hunting on September 25. All data is current as of that date. Three Utility CEFs: DNP, UTF And UTG There’s been a surge of interest in Utility, or more accurately, Utility/Infrastructure closed-end funds (CEFs), on Seeking Alpha recently. I suppose that’s only to be expected with
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Google CEO Sundar Pichai testifies before U.S. House of Representatives Judiciary Committee during a hearing “Transparency & Accountability: Examining Google and its Data Collection, Use and Filtering Practices” on Capitol Hill in Washington D.C., the United States, on Dec. 11, 2018. Liu Jie | Xinhua News Agency | Getty Images FANG became FANG out of
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Customers push shopping carts while exiting a Costco Wholesale Corp. store in Richmond, California. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines after the bell: Shares of Costco dipped 1% during extended trade after the company reported sales that missed analyst expectations for the fourth quarter. The wholesaler reported
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A plan to privatize St. Louis Lambert International Airport took the first big step toward finding a private partner with the launch of a request for qualifications process. Three of four voting members of the Airport Advisory Working Group approved the action: representatives for Mayor Lyda Krewson and Council President Lewis Reed, and the group’s
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Coinbase has reinstated U.K. bank deposits and withdrawals following a months-long banking holdup. As announced by the company’s U.K. arm in a blog post Thursday, British pound (GBP) deposits and transfers are available once again for local Coinbase customers. GBP denominated transactions were paused following the exchange’s July breakup with Barclays. However, a new partnership with ClearBank,
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The Takeaway Bitcoin prices have more than doubled in 2019, far outpacing the 31 percent return for U.S. tech stocks, which Goldman Sachs deems the best-performing asset class year-to-date. Outsize returns could attract interest from big investors in the yield-starved traditional financial markets. Executives at data firm Messari say bitcoin prices, currently around $8,200, could
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Coinbase has announced that it will increase fees on its Coinbase Pro platform as well as resuming support for UK deposits and withdrawals. Coinbase Pro, the cryptocurrency exchange’s platform for professional and institutional traders, will adopt a new fee structure that will see an increase in fees on all transactions under $10,000 USD and between
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Torn dollar with REIT (Real Estate Investment Trust) paper message Getty Here’s a quick quiz for you: an imperative multiple-choice, single-question test that you can refuse to take. Though it might be to your detriment. If it’s any consolation, there’s no immediate penalty for answering wrong. It’s only if you forget the correct answer later
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California’s spreads to municipal market benchmarks have tightened over the past decade and its ratings have risen as the state’s economic and budget conditions improved, according to the state treasurer’s annual debt affordability report. The state has sold $7.5 billion of general obligation bonds since Treasurer Fiona Ma took office in January, including $5.2 billion
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