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Market News

Location American Market News for 8 April 2021

Compass Needs to Flip the Narrative

Wall Street Journal - 8 Apr 2021 16:31
The real-estate company's listing performance shows that even in a scorching hot real-estate market, investors don't like to be oversold.
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New York State's Tax Increase: What High Earners Need to Know

Wall Street Journal - 8 Apr 2021 15:01
Changes in legislation mean top earners in New York City will be subject to the highest combined local tax rate in the country.
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Levi Strauss & Co. reported a double-digit sales decline for its fiscal first quarter, as ongoing store closures in Europe weighed on results.
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Mortgage Interest Deduction: Who Gets It?

Wall Street Journal - 8 Apr 2021 21:52
The near-doubling of the standard deduction and caps on eligible mortgages mean that many fewer taxpayers are taking the mortgage-interest deduction.
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Congress expanded child tax credits significantly for 2021. For many filers with children, the child tax credits are more valuable than the personal exemption.
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The expansion of the standard deduction and repeal of the personal exemption are affecting millions of Americans.
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SEC Seeks Clearer Disclosures to Investors of SPAC Deals

Wall Street Journal - 8 Apr 2021 20:57
Companies that go public through mergers with blank-check companies, also known as special-purpose acquisition vehicles, aren't free to tout misleading or questionable projections of future growth, a senior regulator sai...
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Estate and Gift Taxes 2020-2021: Here's What You Need to Know

Wall Street Journal - 8 Apr 2021 20:57
Assets given away during a taxpayer's life or left at death are subject to gift or estate taxes. Use this guide to understand what those taxes are and who owes them.
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Many taxpayers are required to pay at least 90% of their taxes before the due date-May 17, 2021 for 2020 taxes. Use this guide to know how Covid-19 affected that.
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2020-2021 Federal Income-Tax Rates and Brackets

Wall Street Journal - 8 Apr 2021 20:34
Your 2020 federal-income tax rate depends on your taxable income and filing status. It determines how much you pay for taxes due in May 2021.
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The IRS says cryptocurrencies like bitcoin are investment property, not currencies. This year's tax-form change shows the agency is cracking down on crypto investors who are skirting the rules.
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Virginia Gov. Ralph Northam is expected to sign a measure passed by the state legislature to create a state-sponsored retirement savings program for private-sector employees who lack access to one at their jobs.
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Can co-branded fuel cards help to beat rising fuel prices? Most of the co-branded fuel cards have a joining and annual fee. If the users go spends beyond the specified limit, the issuer offers a waiver of the fee
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Student Loan Cancellation Could Get You Student Loan Forgiveness, But Completely Ignores This Major Problem Student loan cancellation ignores this major problem.
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Value Stocks Are Catching Up. Here's Why.

Forbes - 8 Apr 2021 18:00
Value Stocks Are Catching Up. Here's Why. If you have only been following the stock market since the start of 2021, you would think pretty highly of so-called "value" stocks. That is the market segment that includes stocks and sectors that tend grow their earnin...
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Inheritance Isn't All Joy - 5 Steps To Avoid The Pain For You And Your Portfolio Inheritance is something that falls in the category of "death and taxes". We will likely all get to experience dealing with inheritance, either as one who is the beneficiary of the inheritance, as one who is the provider...
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U.S. Stock Market Breadth Keeps Improving But Trading Volume Falls The U. S. stock market continues to trade higher but warning signs are appearing
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What does FY22 have in store for homebuyers?

livemint.com - 8 Apr 2021 17:38
What does FY22 have in store for homebuyers? It promises to be a good time to buy a house for end use but not investment.But residential realty may not look attractive for investment as there may not be a significant price appreciation
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Diversify Your Portfolio And Hedge Your Bets With April's Top ETFs Make the most of the market with a diversified portfolio. Q.ai's deep learning algorithms have dug up the data to find you April's top ETFs.
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S&P 500 Hits New Record As Investor Optimism Reaches Highest Level Since 2017 Technology stocks like Amazon and Apple are leading the market Thursday.
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Top Stocks To Short Today As Investors Overlook Jobless Claims The markets are still moving in the green, despite worse-than-expected jobless claims. Meanwhile, Q.ai's deep learning algorithms have brought you today's best short plays.
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Top Stocks To Buy Today As The Market Hits Another Record As the S&P hits another record, Q.ai's Artificial Intelligence has brought you today's top buys.
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