Investing in municipal bonds can be a lucrative way for investors to earn tax-advantaged income. These bonds offer income that is free from federal taxes, making them an attractive option for wealthier individuals. In addition, investors who reside in the state where the bond is issued may also avoid state taxes, further increasing their potential
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The Securities Industry and Financial Markets Association (SIFMA) and the State of Missouri are currently embroiled in a legal battle over the state’s innovative environmental, social, and governance (ESG) investment regulation. The lawsuit revolves around laws that require advisors and broker-dealers to obtain consent from customers before engaging in investment activities based on social or
As investors seek opportunities to maximize their returns, special dividends have emerged as a compelling option. These one-time payments made by companies outside of their regular dividend cycle not only provide unexpected income to shareholders but also often lead to higher share prices in the market. According to Todd Castagno, a strategist at Morgan Stanley,
In recent weeks, the world of cryptocurrency has witnessed a surge in volume and value of tokens linked to former President Donald Trump. As the November U.S. presidential election looms closer and the anticipation for the first public debate between Trump and his rival Joe Biden grows, the “PolitiFi” tokens have gained significant momentum. While
As the second half of the year unfolds, fixed-income investors are urged to assess their portfolios and make necessary adjustments. Initially, there were expectations of multiple interest rate cuts by the Federal Reserve in 2019. However, the Fed has maintained the federal funds rate at the range of 5.25% to 5.50%. There is a growing
The recent budget agreement between California Gov. Gavin Newsom and lawmakers has been praised as a step towards long-term fiscal stability. The deal involves cutting $16 billion and declaring a statewide fiscal emergency in order to tap into reserves. This move is aimed at closing multi-year deficits and maintaining a fiscal structure that balances the
The increasing electricity demand from corporate America, especially Big Tech companies, coupled with the retirement of coal plants throughout the United States, is paving the way for a significant opportunity for renewable energy, as stated by UBS. This convergence of trends indicates that the U.S. will require an additional 850 terawatt hours of annual generation
The past week has seen a significant decline in the price of Bitcoin, falling 2.4% in the past 24 hours to $62,850.7. This downward trend can be attributed to concerns over U.S. interest rates and anticipation of key inflation data, which has kept traders biased towards the dollar. The strong dollar, nearing a two-month high,
In a recent post, Ripple CTO David Schwartz shared insights into his personal crypto holding and selling strategies, revealing a trend among early Bitcoin investors. According to Schwartz, during his time holding Bitcoin, he would sell when necessary, whether it be to pay taxes or make purchases like a new computer. This behavior, as highlighted
The current bull market has been fueled by artificial intelligence stocks such as Nvidia, which has surged an impressive 176% this year. All three major stock market indices – the S&P 500, Dow Jones Industrial Average, and Nasdaq Composite – have reached record highs, showing significant gains in 2024. With expectations of future rate cuts,