Quick Read - Late-career consultants can replace low-earning years in their Social Security record, with five swapped years adding $275 monthly and nearly $99,000 in lifetime benefits. - Paying the 12.4% self-employment Social Security tax builds permanent, inflation-adjusted...<
Broadcom shares fell sharply despite beating revenue forecasts, as investors sought clearer AI growth signals. Broadcom (AVGO) shares plunged 12.6% on June 4 after reporting fiscal second-quarter adjusted earnings of $2.44 per share on revenue of $22.19 billion. While resu
In brief - Rep. Brad Sherman said allowing government payments in stablecoins would "sanctify an alternative to the U.S. dollar" built to "facilitate a tax-evasion economy." - His rebuke followed NCUA Chairman Kyle Hauptman's pitch that stablecoins could speed up tax refun
April data shows real wages rising 1.9% y/y, the fastest pace since 2024, strengthening the case for Bank of Japan tightening. Japan’s real wages climbed 1.9% year-on-year in April, exceeding the 1.7% forecast, as nominal wages surged 3.5%, the fastest growth since Decembe
Energy Secretary confirms plans to refill 40M barrels of the SPR once Middle East tensions ease, following record drawdowns. The US will add 40 million barrels to its Strategic Petroleum Reserve after the Iran conflict concludes, Energy Secretary Wright announced. The SPR
Recent run-ups in tech stock valuations and all-time highs in the S&P 500 index have led some investors to worry that growth stocks are overpriced. Buying utility stocks and utility exchange-traded funds (ETFs) can be a good move for some situations and strategies -- like
Quick Read - NASDAQ fast-tracks SpaceX into the NASDAQ 100, creating forced buying through QQQ while the S&P 500 with 20x more tracked assets holds its standards. - QQQ already runs concentrated, with NVDA at 10% and MSFT at 9% of a fund up 41% over the past year before SpaceX...
Proposals aim to reduce tax burdens on small crypto transactions, mining, and staking for U.S. investors. The U.S. House Ways and Means Committee is circulating seven draft bills targeting crypto tax reforms, including relief for small-gain transactions, mining, and stakin
US House tax committee reviews crypto tax bills The US House Ways and Means Committee is circulating seven draft bills to address crypto tax issues. The bills aim to ease tax burdens on small transactions, mining, and staking. A hearing is set for June 9 to
Shares of the Winklevoss-backed firm fell after a Zcash vulnerability raised concerns over its $102 million ZEC holdings. Cypherpunk Technologies (CYPH) plunged 37% to 59 cents on Friday, erasing gains after a Zcash bug sparked fears over its $102 million ZEC holdings. The
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