How your winning stock-index fund can turn on a dime

Fort Worth is offering millions of dollars to get a $1.8B defense technology company to come to Cowtown.  Photo credit: Wikimedia Commons/Hezmok Media City officials approved a $4.5M economic development agreement this week with California-based Mach Industries for a manufacturing plant to produce its unmanned aircraft systems. The defense startup has been tied to the…

The big four bank will pass the Reserve Bank of Australia’s (RBA) March rate hike onto variable rate home loan holders 14 days after the move was announced. Westpac has confirmed it will lift variable home loan rates by 25 basis points, in line with the RBA’s latest move to increase the cash rate to…

Every year, I ask my family the same question, “Where should we go this summer?” I want to pick somewhere new. Choosing a place we’ve already been to seems like a waste of an opportunity for my 9-year-old son to experience different places, cultures, and people. Plus, I want to see new countries and continents,…

Nvidia’s $500 billion artificial intelligence financing initiative that was announced Monday (Aug. 10) aims to assure the company’s investors that there is plenty of financing available to the AI startups and other companies that buy or use the firm’s chips, Bloomberg reported Friday (Aug. 14). The initiative is also meant to expand Nvidia’s customer base…

(Bloomberg) — In recent years, Wall Street has turned a quirk of ETF plumbing into a $23 billion business helping wealthy investors reshape appreciated stock portfolios without immediately triggering a capital-gains tax bill. On Monday, the Internal Revenue Service delivered the clearest threat yet to the trade, targeting its most aggressive forms and setting off…