More on ETFsVisit the FT’s ETF Hub for news and analysis, investor education and tools to help you select the right ETFs.A shift in US investor flows away from mutual funds towards exchange traded funds is being driven primarily by a tax loophole, rather than any inherent advantage of the ETF structure, a team of academics has concluded.In the past decade, US investors have … [Read more...] about US ETF investors mainly motivated by tax loophole, study shows
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Apple approached Nissan to work on autonomous car project
Apple approached Japan’s Nissan in recent months about a tie-up for its secretive autonomous car project, but talks are no longer active, according to people briefed on the matter. The contact was brief and the discussions did not advance to senior management levels following divisions over branding for the iPhone maker’s electric vehicles, the people added. Apple also recently … [Read more...] about Apple approached Nissan to work on autonomous car project
How Does a Roth IRA Grow Over Time?
Traditional individual retirement accounts (IRAs) are known for their tax advantages, but how does a Roth IRA work—specifically, how does it grow over time? Your contributions help, but it’s the power of compounding that does the heavy lifting when it comes to building wealth with a Roth IRA. Your account has two funding sources: contributions and earnings. The former is the … [Read more...] about How Does a Roth IRA Grow Over Time?
Stocks Extend All-Time High; Crude Oil Jumps: Markets Wrap
TipRanksMorgan Stanley Storms Into the EV Space; Offers 2 Stocks to BuyWe are indeed living in interesting times – and in many ways, that’s a good thing. Take the automotive industry, for example. Technology is changing a rapid pace, and when it settles, it will dramatically change the way we drive. In 2030, our concept of ‘car’ will likely be unrecognizable to drivers from … [Read more...] about Stocks Extend All-Time High; Crude Oil Jumps: Markets Wrap
Texas warns of blackouts as arctic air freezes central US
The Texas grid operator warned of possible blackouts while loosening the financial obligations of energy traders as arctic air enveloped the central US and sparked record demand for power. The Electric Reliability Council of Texas (Ercot) asked consumers on Sunday to conserve “as much as possible” until Tuesday as it coped with frigid conditions that sapped electricity … [Read more...] about Texas warns of blackouts as arctic air freezes central US
Tilray, Aphria, Sundial Go For A Ride; ETFs Pop With CNBS Advancing 99%
TipRanksMorgan Stanley Storms Into the EV Space; Offers 2 Stocks to BuyWe are indeed living in interesting times – and in many ways, that’s a good thing. Take the automotive industry, for example. Technology is changing a rapid pace, and when it settles, it will dramatically change the way we drive. In 2030, our concept of ‘car’ will likely be unrecognizable to drivers from … [Read more...] about Tilray, Aphria, Sundial Go For A Ride; ETFs Pop With CNBS Advancing 99%
Is the Stock Market Closed Monday? Here Are the Presidents Day Hours.
Text size The New York Stock Exchange and Nasdaq are closed on Presidents Day 2021. Spencer Platt/Getty Images Nearly a year ago, the Covid-19 pandemic had just begun rocking U.S. equities. Still, the prospect of a year of shutdowns in the U.S. … [Read more...] about Is the Stock Market Closed Monday? Here Are the Presidents Day Hours.
Is The Caribbean Ready For An Oil Boom?
As Trinidad and Tobago continue to explore for major oil and gas fields in the Caribbean region, the Bahamas Petroleum Co. has made a non-commercial oil discovery. While Trinidad and Tobago have focused on natural gas for the last two decades, the country’s oil industry has been developing steadily. In 2020, the country’s third-largest oil producer Trinity Exploration & … [Read more...] about Is The Caribbean Ready For An Oil Boom?
12 tax red flags that could lead the IRS to audit you
12 tax red flags that could lead the IRS to audit youLong after this year's tax season ends, the dreaded words IRS audit mean a headache is on the way for many U.S. taxpayers.Typically, the tax agency will audit less than 1% of all tax returns. But even 0.5% is still one out of every 200 taxpayers, which might have you sweating over your chances of being audited.But being … [Read more...] about 12 tax red flags that could lead the IRS to audit you
Morgan Stanley Storms Into the EV Space; Offers 2 Stocks to Buy
We are indeed living in interesting times – and in many ways, that’s a good thing. Take the automotive industry, for example. Technology is changing a rapid pace, and when it settles, it will dramatically change the way we drive. In 2030, our concept of ‘car’ will likely be unrecognizable to drivers from 1980.The biggest changes are coming from power systems and artificial … [Read more...] about Morgan Stanley Storms Into the EV Space; Offers 2 Stocks to Buy