(Bloomberg) — The year of the bond is in danger of hitting a wall. Most Read from Bloomberg Global credit markets just wrapped up their second consecutive quarterly win as buyers piled in, betting that the US could tame inflation while also avoiding a hard landing. …
A “For Sale” sign in front of a home in Roseville, California, on Dec. 6, 2022. David Paul Morris | Bloomberg | Getty Images Higher mortgage rates weighed on home price gains at the end of 2022. While prices were still higher than they were a …
Shares of AbbVie Inc. ABBV, -0.37% gained 2.4% in premarket trading on Thursday after the company beat earnings expectations for the fourth quarter of 2022. AbbVie had a profit of $2.4 billion, or $1.38 per share, in the fourth quarter of 2022, down from $4.0 billion, …
capital gains tax on sale of home in irrevocable trust Investors use irrevocable trusts to protect their assets from creditors, lawsuits and estate taxes. However, when you sell a home in an irrevocable trust, that can complicate your tax situation. This is a guide to how …
AT&T Inc. (T) – Get Free Report posted better-than-expected fourth quarter earnings with a muted near-term outlook Wednesday, while adding that it plans to pay down debt as a top priority after meeting dividend payments. AT&T said adjusted earnings for the three months ending in December were …
(Bloomberg) — Microsoft Corp. said revenue growth in its Azure cloud-computing business will decelerate in the current period and warned of a further slowdown in corporate software sales, fueling concern about a steeper decline in demand for the products that have driven its momentum in recent …
A sign is posted in front of a home that is for sale on December 19, 2022 in Los Angeles, California. Mario Tama | Getty Images Home prices are falling into a deep winter chill, as higher mortgage rates push more buyers to the sidelines. Prices …
WESTLAKE, Texas–(BUSINESS WIRE)– Schwab Asset Management, the asset management arm of The Charles Schwab Corporation and the fifth largest provider of ETFs with more than $260 billion in assets1, announced today there will be no capital gains distributions for the 2022 tax year by any of …
People got richer last year, with Americans making up nearly half of the new millionaires across the globe. According to Credit Suisse’s annual wealth report, as many as 5.2 million people became millionaires in 2021; 2.5 million of those people were in the U.S. “This is …