Investing News

Editor’s note: Below you’ll find the week 106 release of the NYC Recovery Index, originally published September 13, 2022. Visit the NYC Recovery index homepage for the latest data. New York City’s economic recovery made strong gains in the week ending September 4, 2022, as the index score rose to a score of 76 out

There are a number of reasons to consider a Roth individual retirement account (IRA) rollover, which moves funds from an existing traditional IRA (or another retirement account) into a Roth IRA. A Roth conversion is especially attractive if you expect your future tax rate to be higher than your current rate. And if your earnings

Want to retire early? A Roth IRA conversion ladder could help you tap your tax-sheltered retirement accounts before age 59½—without the usual 10% penalty. With a Roth conversion ladder, you shift money from a tax-deferred retirement account—such as a traditional IRA or 401(k)—into a Roth IRA. But unlike a standard Roth IRA conversion, you do

On September 20, Nasdaq (NDAQ) announced the launch of “Nasdaq Digital Assets,” a new business that will provide a cryptocurrency custody service to institutional investors. Key Takeaways Nasdaq competes with established crypto players such as Coinbase to attract institutional investors. The stock market operator offers crypto custody as well as expands its services. It has

The oil and gas penny stock universe is composed of small companies involved in the exploration, extraction, refining, and transportation of oil and gas products. These stocks typically trade below $5 per share. The oil and gas industry also includes companies that provide drilling and well maintenance services. Some examples of these penny stocks include Kosmos Energy Ltd., Abraxas

What Is a 529 Savings Plan? Families need to save as much as possible, as early as possible to get ahead of rising education costs. According to a research report from CollegeBoard.org, the average cost of attending a public four-year college, including tuition and fees, in the 2021 to 2022 school year is $10,740 for an

Return on investment (ROI) is a measurement of how much money, or profit, you have earned on an investment as a percentage of its total cost. This article looks at two ways to calculate the ROI for real estate investments. Key Takeaways Return on investment (ROI) measures the profit you have made (or could make

What Causes a Stock to Increase and Fall? Uncertainty is a central feature of the stock market. Prices rise and fall as speculators place their bets, based on uncertain predictions of future price movements. In most cases, these price changes are fairly gradual. But sometimes, the price can rise or fall astronomically in a matter

What can we learn about U.S. tax law from the complicated picture of former President Donald Trump’s taxes that emerged from a study published in The New York Times about his personal and corporate returns? On Sept. 27, 2020, 48 hours before the first presidential debate between former Vice President Joe Biden and then-President Donald

Welcome aboard, one and all—and mind the dip. Another wave of selling crashed into U.S. equity markets last week, with all three of the major averages suffering their fourth losing week in five. That summer comeback rally that started in mid-June is starting to smell more and more like a bear market bounce. The Dow

When you get a federal student loan, you’re assigned a servicer. This student loan servicer manages various aspects of your federal student loans, including repayment and what plan you end up on. Unfortunately, working with student loan servicers doesn’t always result in the best outcome for student loan borrowers. Let’s take a look at what

Making payments on student loans can feel like a daunting task, especially if you’re struggling financially. If you’re looking for a way to reduce your monthly payment and improve your cash flow, refinancing is one strategy. However, before you decide to refinance, it’s important to consider your personal situation and determine whether it makes sense

Insurance can help defray much of the cost of giving birth, but you may still face a significant bill for hospitalization and other medical services. Even with insurance, the average out-of-pocket cost of giving birth ranges from about $2,700 to $3,200 depending on whether you need a cesarean section, according to a recent Kaiser Family

Investors seeking exposure to the Hong Kong stock market might consider exchange-traded funds (ETFs). Historically, Hong Kong has thrived as a global financial center and capitalist economy, and it largely has continued to do so since it became a semi-autonomous region of China in 1997. But during the past two years, Hong Kong’s democratic government

Investors who want to own stocks in the technology sector may decide to buy exchange-traded funds (ETFs) that track the Nasdaq. When investors refer to the Nasdaq, they typically refer to the tech-heavy Nasdaq Composite Index, which is composed of more than 2,500 companies. Companies in this group vary widely in size and quality, including struggling

Inverse VIX exchange-traded funds (ETFs) offer investors a straightforward way to bet against the future direction of market volatility. The Cboe Volatility Index (VIX), also known as the market’s “fear gauge,” is the most widely used benchmark of volatility. Inverse VIX ETFs make use of complex financial strategies to move in the opposite direction of

Amazon Fresh is a grocery delivery service available to Amazon Prime members in select cities. Launched in Seattle in 2007, the service has expanded to major cities throughout the United States and select cities worldwide. Customers can choose from thousands of items, including produce, meat, seafood, snacks, and household essentials. They can then schedule a

The Series 6 is a securities license entitling the holder to register as a company’s representative and sell certain types of mutual funds, variable annuities, and insurance. Holders of the Series 6 license are not authorized to sell corporate or municipal securities, direct participation programs, and options. With Series 6, an individual can purchase or sell

Exchange-traded funds (ETFs) hold a collection of securities—such as stocks—that often track an underlying index. While they are similar to mutual funds in some ways, ETFs are different in that they are listed on exchanges and can be traded throughout the day like traditional stocks. In recent years, ETFs have become immensely popular with investors

The copper industry is comprised of companies involved in the exploration, extraction, development, and production of copper, one of the most widely used metals. Copper demand is closely tied to economic cycles as it’s used for a broad range of applications, including construction, electronics, industrial machinery, transportation, power generation, and transmission. The largest names in