‘The money is tax-free’: I’m 76 and won $50,000 in a settlement related to cancer from nuclear waste. What should I do with it?
“The money is tax-free and does not affect our income, which comes from investments and Social Security.”
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Explore useful information about gold, precious metals, and the factors that shape their value in global markets. This section covers gold prices, market trends, economic influences, and related commodity topics to help readers better understand how gold fits within the broader financial landscape and what can contribute to changes in its market value.
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Fed’s Waller says he doesn’t support rate hikes, sees inflation cooling in the second half of the year
If oil prices stay high for months, they could bleed through to other prices, Fed governor Christopher Waller said Friday.
Trump Considers Taking Iran’s Kharg Island, Axios Says
The US is considering an operation to occupy Iran’s Kharg Island, Axios reports, adding that no decision has been made. Tyler Kendall reports from the White House as the war enters its third week. (Source: Bloomberg)
How the Iran War Is Disrupting Global Oil and Gas Supply
Oil and gas markets have been rocked by disruption to supply out of the Persian Gulf. Prices of both commodities have jumped since the US and Israel began their strikes on Iran.
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Super Micro’s stock sinks 29% after co-founder’s indictment. Here are Wall Street’s biggest questions.
While Super Micro wasn’t named in a recently unsealed lawsuit, analysts say the charges raise concerns about credibility and controls.
Aluminum Falls More Than 8% on LME, Biggest Drop Since 2018
Aluminum plunged by the most since 2018 on the London Metal Exchange as growing worries about the global economic impact of the war in Iran fueled broad losses across industrial metals markets.
TCW’s Koch: Opportunities in New Private Credit Loans
TCW Group’s Katie Koch sees buying opportunities in private credit and says the firm is looking to deploy capital across fresh loans and rescue financing. “As the crowds go for the exit, this is the moment where people should be buying,” the asset manager’s CEO told Bloomberg’s The Pulse with Francine Lacqua. (Source: Bloomberg)
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Rivian’s stock is popping as the EV maker becomes the latest to partner with Uber
Uber plans to invest as much as $1.25 billion in the EV maker as they partner on robotaxis.