Student loans and taxes: Two subjects that few people enjoy thinking about; however, if you have student loans, they are likely to impact your tax bill. Here’s what you need to know. Key Takeaways Up to $2,500 of student loan interest can be tax-deductible. Depending on the loan forgiveness program, you might have to pay
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The Biden administration nominated a team of “liberal and centrist economic advisers” to help him steer America’s recovery. Here are the administration’s top picks. Key Takeaways President Biden won the 2020 election and nominated former Federal Reserve Chair Janet Yellen to be his treasury secretary. Shalanda Young was confirmed as the first Black woman to
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After using the price-to-book ratio and the Zacks Rank to find value stocks, Tracey Ryniec profiles her top pick: Carnival Corporation (CCL). Carnival Corporation: http://www.zacks.com/stock/quote/CCL?cid=CS-YOUTUBE-FT-VID Follow us on StockTwits: http://stocktwits.com/ZacksResearch Follow us on Twitter: https://twitter.com/ZacksResearch Like us on Facebook: https://www.facebook.com/ZacksInvestmentResearch
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As the crypto market grapples with larger macroeconomic trends, the last week continued the up-and-down movement. However, one of the key developments the crypto world noticed was a jump in the Bitcoin mining difficulty. It’s generally a good sign when bitcoin mining becomes difficult because it means more miners have to verify cryptocurrency transactions, enhancing
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You might not have heard about ON Semiconductor (NASDAQ:ON) stock until today. That’s fine, because now you can learn about a hidden treasure among microprocessor makers. For exposure to a company that’s clearly in growth mode, you’ll definitely want to consider ON stock at its current price. ON Semiconductor makes semiconductors for the automotive industry
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The year 2022 has taught investors a lot of lessons. Even the most experienced traders on Wall Street are learning from this awfully confusing market. Perhaps the most important is that boring stocks can sometimes double as breakout stocks. Over the past two decades, high-growth technology stocks have dominated the leaderboards on Wall Street. Names
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Editor’s note: This article is regularly updated with the latest information. For nearly all of 2022, the bears have been reigning. But now, the price of admission for select beaten-down companies is right for buying. Among these beaten-down companies are several of the best entertainment stocks out there. Inflation and macroeconomic worries associated with a
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Cryptocurrency investing can be a great way to diversify investments but figuring out which cryptocurrency is suitable and which isn’t can be challenging. In order to make an informed investment decision, it is important to know how to analyze cryptocurrencies. Key Takeaways Investing in cryptocurrency requires an understanding of its pros and cons due to its
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A company’s balance sheet, also known as a “statement of financial position,” reveals the firm’s assets, liabilities, and owners’ equity (net worth). The balance sheet, together with the income statement and cash flow statement, make up the cornerstone of any company’s financial statements. If you are a shareholder of a company or a potential investor, it
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You may have received non-employment income from a bank account that paid you interest. Or from a brokerage account with dividend-paying stocks. Or maybe you did some freelance work as an independent contractor. Or perhaps, you received unemployment benefits. Each type of non-employment income requires a different version of the 1099 form to report that
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401(k) and 403(b) Plans: An Overview Named after sections 401(k) and 403(b) of the tax code, both 401(k) plans and 403(b) plans are tax-advantaged defined-contribution (DC) retirement vehicles offered by employers. The primary difference between the two is the type of employer sponsoring the plans—401(k) plans are offered by private, for-profit companies, whereas 403(b) plans are
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If you’re one of the millions of people who have struggled financially during the COVID-19 pandemic, it’s important to know that help is available. Here is a brief overview of the assistance programs available to struggling Americans. Key Takeaways Numerous government assistance programs have been created in response to the COVID-19 pandemic including the $1.9
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The adulthoods of millennials—who are between 26 and 41 years old—have been marked by some of the most monumental economic events in modern history. Though life experiences, debt burdens, and frequent money decisions have left many millennials quite stressed, The 2022 Investopedia Financial Literacy Survey found this generation is also the most confident and invested—literally—in
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