Joint bank accounts aren’t always right for couples, writes Pete the Planner. Separate accounts sometimes work best for retirement, financial futures. …read more […]
(Bloomberg) — U.S. billionaire Dan Friedkin is nearing the purchase of Italian soccer club AS Roma SpA from its main shareholder James Pallotta, Il Messaggero reported.The deal could be finalized by Dec. 31 and the value of the team has been set at 780 million euros ($872 million), Messaggero said on Sunday, without citing anyone. Last month AS Roma SPV LLC, which controls the club, said there were preliminary talks with potential investors for a sale.Friedkin, who is being advised by JPMorgan Chase & Co., will be forced to plan a takeover of AS Roma at a price of 0.62 …read more […]
The Egyptian Competition Authority (ECA) said on Sunday it had approved ride-hailing group Uber’s acquisition of former regional rival Careem after the regulator agreed to a set of commitments proposed by the U.S.-based service.
The Canadian cannabis sector just can’t get regulators out of its way. The Cannabis 2.0 products were finally made available on December 17, yet a large portion of the provinces won’t allow key vape sales.Last week, Alberta suspended the sales of cannabis vaping devices due to the concerns around their health effects despite signs that the vaping health issues are related to illegal vape products. While the regulatory agency has made it clear that this move is only a suspension, Canadian cannabis companies can’t afford more delays.The Cannabis 2.0 products like vapes, edibles and topicals were supposed to carry higher …read more […]
The EIA reported Friday that domestic supplies of natural gas fell by 161 billion cubic feet for the week-ending December 20. Analysts were looking for a drop of 150 to 153 bcf. …read more […]
If you really want to know which stocks the experts – and those in the know – are buying, pay attention to what they’re doing. Stock reports, company reviews, and press statements are helpful, but you’ll get significant information from watching what the insiders are doing.The insiders – the corporate officers and board members – have to disclose when they snap up shares to prevent any unfair advantages. Tracking their stock purchases can be a useful strategy because if an insider spends their own money on a stock, it could signal that they believe big gains are in store.Fortunately, TipRanks …read more […]
Besides increased appetite for higher-yielding, higher-risk currencies, a plunge in the U.S. Dollar also drove the Aussie and Kiwi higher. The greenback plummeted as optimism about the outlook for a U.S.-China trade deal sapped safe-haven demand for the U.S. currency. …read more […]
(Bloomberg) — In Denmark, where institutional investors have been living with negative interest rates longer than anyone else, the authorities just took a big step.Danish pension funds, the world’s best managed along with their Dutch peers, will finally get a 30-year government bond. When it starts trading next year, funds managing a total of $680 billion in assets will get the missing link they’ve long needed: a long-term, AAA-rated asset at a positive yield. That’s quite a novelty these days.The new bond will give the industry a “crucial point on the curve,” said Christian Lage, chief executive officer of PFA …read more […]
China’s Commerce Ministry has “proactively dealt with” trade frictions with the United States this year, it said on Sunday after an annual work conference.
(Bloomberg) — Norway’s domestic wealth fund has become so big that it’s looking for ways to get rid of excess cash by proposing some key changes to its investment model.The Government Pension Fund Norway is the domestic counterpart of the country’s better-known sovereign wealth fund, the world’s largest of its kind with $1.1 trillion in assets. Unlike its bigger sibling, the investor is confined mostly to assets in its home market. After swelling to 261 billion kroner ($30 billion) this year, the fund is now dangerously close to its ownership limits.That’s why the domestic fund is asking to change its …read more […]
It all comes down to how traders respond to the retracement zone at $1512.40 to $1526.40. …read more […]
It may be a shortened week once more, but it’s unlikely to be as lackluster as the week prior. Economic data, trade, and Brexit will be in focus. …read more […]
When you sell something, you’re likely looking to profit from it. Capital gains are profits from an asset sale, like your home, business, or stocks. Capital gains come in two different forms: long-term and short-term. Each face different tax issues. … Continue reading ->The post Short-Term vs. Long-Term Capital Gains appeared first on SmartAsset Blog. …read more […]
It’s a mixed start to the day, with Bitcoin struggling to break out from $7,300 levels. A move through to $7,400 would support the pack. …read more […]
As we approach a new decade, analysts have identified a few key factors that are likely to shape oil markets over the next ten years …read more […]
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