2022 Long-term Capital Gains Rates Filing Status 0% Tax Rate 15% Tax Rate 20% Tax Rate Single < $41,675 $41,675 to $459,750 > $459,750 Married filing jointly < $83,350 $83,350 to $517,200 > $517,200 Married filing separately < $41,675 $41,675 to $258,600 > $258,600 Head of household < $55,800 $55,800 to $488,500 > $488,500 Applicable
Investing News
In early October 2022, market analytics platform Cryptounfolded released data showing that Q3 non-fungible token (NFT) sales on OpenSea, the largest marketplace for digital collectibles, fell by 60% from Q2. Despite the continued weakness of the crypto bear market, investors can still find opportunities in NFTs. The following is a highlight of some of the
The Internal Revenue Service tweaked its annual tax instructions to account for non-fungible tokens (NFTs), replacing the term “virtual currency” with “digital assets,” which includes NFTs. The move comes as cryptocurrency regulations develop around the world, and some aspects of the market, such as NFTs, are tougher to categorize than others. The rise of NFTs
Chamath Palihapitiya, Social Capital Founder and CEO CNBC A new buyback tax has motivated more and more SPAC sponsors to close up shop before the year-end, adding another headwind to the blank-check space already roiled by a tough market environment. A total of 27 SPAC deals, worth $12.8 billion, have been liquidated this year, according
A covered call involves a seller offering buyers a call option at a set price and expiration date on a security that the seller owns. Professional market players write covered calls to boost investment income. Individual investors can also benefit from the conservative but effective covered call option strategy by taking the time to learn how it
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Investopedia requires writers to use primary sources to support their work. These include white papers, government data, original reporting, and interviews with industry experts. We also reference original research from other reputable publishers where appropriate. You can learn more about the standards we follow in producing accurate, unbiased content in our editorial policy.
CD Term Last Week’s Top National Rate This Week’s Top National Rate Change 3 months 3.00% APY 3.00% APY No change 6 months 3.58% APY 3.58% APY No change 1 year 4.00% APY 4.00% APY No change 18 months 4.00% APY 4.00% APY No change 2 years 4.11% APY 4.25% APY + 0.14% 3 years
Fintech company Cardless and Simon Property Group have partnered to launch a new co-branded credit card, the Simon American Express Credit Card. The card, which does not yet have a launch date, will offer cardholders up to 5% cash back at participating retailers. Key Takeaways Cardless and Simon Property Group will soon launch a new
Editor’s note: Below you’ll find the week 109 release of the NYC Recovery Index, originally published October 4, 2022. Visit the NYC Recovery index homepage for the latest data. New York City’s economic recovery stalled during the week ended October 1, as the overall index score remained unchanged at 76 out of 100. In a
Cryptocurrencies, known for their wild gyrations, are actually pretty stable these days, as Bitcoin hovers at its $20,000 resistance level, making it less volatile than stocks. That’s not necessarily good news. Key Takeaways Bitcoin’s volatility has been at a low for a record duration, according to BitMEX’s .BVOL Index, and is currently at 19.65%. Bitcoin
Key Takeaways Analysts estimate adjusted EPS of $2.29 vs. -$1.02 in Q3 FY 2021. Load factor is expected to rise YOY to its second-highest quarterly level in more than six years as the company recovers from the pandemic. Revenue is expected to rise to its highest quarterly level in about six years. United Airlines Holdings
Daniel Loeb Simon Dawson | Bloomberg | Getty Images Dan Loeb’s Third Point has built a sizeable stake in consumer giant Colgate-Palmolive, according to CNBC’s David Faber. Loeb sees hidden value in Colgate’s subsidiary Hill’s Pet Nutrition, a pet food company, if it were spun off. The investor believes as a stand-alone business, Hill’s could
Jeffrey Smith, CEO of Starboard Value LP and Chairman of Papa John’s International Inc. Brendan McDermid | Reuters Starboard Value has taken a stake in Salesforce, with founder Jeff Smith saying a significant opportunity remains in the enterprise software maker, according to CNBC’s David Faber. Dow-component Salesforce jumped more than 7% in early trading Tuesday.
Billionaires play an outsized role in shaping the global economy, politics, and philanthropy. Forbes puts the number of billionaires in the world at 2,668 in 2022. The wealthiest among them belong to an even more exclusive club and wield still more power. Many of these billionaires are founders of technology giants, with much of their
The IRA withdrawal rules for a Roth IRA are generally more flexible than those for traditional IRAs and 401(k)s. This is because Roth IRA contributions have already been taxed and any account growth is tax-exempt. Still, you’ll want to do your homework before making any Roth IRA withdrawals. If you don’t meet certain requirements, you
A Roth IRA can be a great place to stash your retirement savings. Unlike a traditional IRA, you won’t have to pay income tax on the money you withdraw or be required to take a minimum amount from your account each year after you reach a certain age. However, these retirement accounts are available to
Mastercard (MA) has launched a program with the crypto trading platform Paxos to let financial institutions offer cryptocurrency trading to their customers. The payment giant’s new program called Crypto Source will connect the crypto trading platform Paxos with banks. Key Takeaways Mastercard has launched a program to let financial institutions offer cryptocurrency trading to their
Medicare is the nation’s health care program for citizens aged 65 years and up, and younger people who meet certain eligibility criteria. Medicare Part A, Part B, Part C, and Part D cover many major medical expenses for participants. Choosing the right Medicare plan can be confusing, and it may be difficult to decipher all
The Goldman Sachs Group, Inc. (GS) reportedly is on the verge of announcing a major reorganization, which will put its biggest businesses into three divisions. One division will house Goldman’s investment banking and trading operations. The second will include its wealth management and asset management businesses, as well as its Marcus online consumer banking unit.