Benchmark U.S. crude oil for May delivery rose 3 cents to $80.86 a barrel Tuesday. Brent crude for June delivery rose 1 cents to $84.77 a barrel. Wholesale gasoline for May delivery fell 2 cents $2.75 a gallon. May heating oil fell 1 cent to $2.60 a gallon. May natural gas rose 9 cents to…
Closing Prices for Crude Oil, Gold and Other Commodities (Apr. 18)
It’s Just the Right Thing to Do
Dear Dave, I’m about to start paying off debt in Baby Step 2, but there’s a motorcycle loan my ex-girlfriend took out for me. I crashed the motorcycle and sustained some injuries. After two months of litigation, I received a settlement of about $15,000 that was just enough to cover the loan. Do I use…
Investing in a Recession? Keep These 6 Factors in Mind
Recessions are a hot topic—and never far from any investor’s mind. It’s a sad fact of life that these periods are inescapable—sooner or later, the economy starts shrinking, asset prices drop, and the stock market takes a nosedive. In such circumstances, it is natural to enter damage control mode. However, entering damage control the wrong…
Apple Partners with Goldman Sachs to Offer Users High-Interest Savings Accounts
Apple continues to build on its fintech presence, announcing a new Apple Card savings account offering users an attractive 4.15 annual percentage yield. The tech juggernaut is partnering with Goldman Sachs. Clients can create an account from the Wallet app on their iPhone devices, but users must have an Apple Card to open the savings…
Today Is the IRS Tax-Filing Deadline: Here’s What You Need to Know
The deadline has finally arrived for filing 2022 tax returns, with some last-minute tax-filing tips potentially proving helpful to taxpayers. The tax-filing deadline this year is midnight on April 18 because the regular date of April 15 falls on a weekend, followed by a Monday holiday in the District of Columbia. Tax returns can be…
Positive and Negative Aspects of Filing a Tax Extension
Filling out all your tax forms can be a time-consuming task. If you are short on time, you have the option of filing a tax extension. Once you do, it will give you another six months (until October 16) to get accurate paperwork to the Internal Revenue Service (IRS). Asking for a tax return extension…
Closing Prices for Crude Oil, Gold and Other Commodities (Apr. 17)
Benchmark U.S. crude oil for May delivery fell $1.69 to $80.83 a barrel Monday. Brent crude for June delivery fell $1.55 to $84.76 a barrel. Wholesale gasoline for May delivery fell 7 cents $2.77 a gallon. May heating oil fell 3 cents to $2.61 a gallon. May natural gas rose 17 cents to $2.28 per…
Retiring? If You Need a Home Loan, Get One First
Retired engineers Kelly and Derek Barkey assumed they would be approved when they applied for a $50,000 home equity line of credit two years ago to fix up their new house. The Barkeys, now 56 and 59, had just sold their longtime home in Southern California and paid cash for a house worth about $850,000…
JPMorgan CEO Sees Risk of More Bank Failures
JPMorgan CEO Jamie Dimon said during an earnings call that he believes more banks could fail in the United States, but that he thinks the worst of the banking turmoil may be over and that things have calmed down “quite a bit.” Dimon said on the call that there’s a relatively low number of U.S. banks…
IRS Raked in Nearly $5 Trillion in Taxes From Americans Last Year
The Internal Revenue Service (IRS) has released data on its operations showing that, during the 2022 fiscal year, the agency collected close to $5 trillion in taxes while the share of Americans saying that it’s not at all acceptable to cheat on income taxes dropped to six-year low. According to the agency’s newly released Data Book,…
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