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Crude oil prices eased off session highs Tuesday, after President Donald Trump abandoned his demand for ships to pay a 20% protection fee to transit the Strait of Hormuz. U.S. West Texas Intermediate futures rose 1.82% to $79.56 per barrel. Brent futures, the international benchmark, were up 1.98% to $84.95. “Based on highly productive conversations…
Suppose you invest £500,000 of your own money into a property business. The money is used to acquire and improve rental properties which remain in the business, continue to generate taxable rental income and, after several years, are worth considerably more than the amount you originally invested. You may eventually decide that you no longer…
The Texas Capital Texas Oil Index ETF (OILT) climbed 12.5% in July, outpacing both broad market equities and energy sector peers. During the month, the State Street SPDR S&P 500 ETF Trust (SPY) held steady, while the State Street Energy Select Sector SPDR ETF (XLE) rose 12.1% over the same period. Key Takeaways OILT outpaced…
Apple, Amazon, Nvidia and peers are quietly coming back to life, and that could easily jolt this sleepy stock market back into gear.
A bill to double the capital gains tax exclusion to curtail the penalty on home sellers is gaining traction in Washington, DC. The More Homes on the Market Act has attracted four additional co-sponsors before both chambers adjourned for the August recess. Three Democrats in the House threw their support behind the bill: Ryan Patrick…
Cfoto | Future Publishing | Getty Images Shares of SK Hynix surged over 12% in Seoul on Thursday after the company announced a massive stock buyback. The company said it is accelerating its 40 trillion won ($28.7 billion) share repurchase and cancellation program, while pursuing a shareholder return expansion to over 50% of cumulative free…