In recent years, as home values continue to climb, more Americans are finding themselves in a position where they owe capital gains taxes when selling their property. According to a report from real estate data firm CoreLogic, nearly 8% of home sales in 2023 exceeded the $500,000 limit for tax-free profits, up from roughly 3%
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GameStop shares experienced an unprecedented rally, surging more than 80% in a single day, after Keith Gill, also known as “Roaring Kitty,” made his first online appearance in three years. Gill, a former marketer for Massachusetts Mutual Life Insurance, captured the attention of a legion of day traders on Reddit by advocating for investments in
As the world becomes more interconnected, many Americans are considering purchasing real estate overseas. According to the latest Trend Report by Coldwell Banker Global Luxury, nearly 40% of U.S. millionaires are planning on buying a home abroad within the next year. Additionally, two-thirds of respondents are looking to purchase a property outside of the U.S.
A recent Consumer Financial Protection Bureau (CFPB) regulation aimed at reducing late fees on credit cards is facing strong opposition from the card industry, led by the U.S. Chamber of Commerce. The industry’s lawsuit against the CFPB is set to be decided by a judge in the Northern District of Texas by Friday, potentially freezing
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