According To Uncle Sam, BitCoin Is Taxable
Thought you could get away with a major gain from BitCoin? Think again. According to Uncle Sam, Bitcoin is taxable, and they know who you are.
Fannie Mae Posts Record Profits in the Second Quarter
Just a few years ago Fannie Mae was in a dire situation. They had gotten in over their head with subprime mortgages.
It’s Simple: Bond Yields Cannot Go Higher…Or Else
It’s can be too easy for investors to get caught up in the latest news from China, or Greece, the potential “tapering” schedule, unemployment levels or GDP.
Obvious Flaw In QE Arises: Fed Loses $200 Billion
The quantitative easing (QE) program is not intended to involve any deep thinking. It just exists because the Fed says that it needs to.
US Treasury Working with Other Nations to Catch Tax Evaders
People hear about those who have money and their ways of hiding it. Using an offshore account to avoid taxes is one of the ways that many tax evaders...
How to Approach the Dealership Experience
Negotiating a new car purchase at a dealership can be a daunting task. Here are some tips for the dealership experience.
They’re Back! ARMs Hit 5 Year Highs
As hard as it may be to believe, the adjustable-rate mortgage (ARM) has reached levels not seen since the housing bubble burst in 2008.
You Might Find Deals at a Government Auction
Government auctions are open to the public, and anyone can go to bid on the goods.
PrimeRates Morning Markets: CPI, Wal-Mart, Japan, Housing And Iron Man
While this time of the year tends to see light trading, there are a few things to keep an eye on. Wal-Mart will report this week and it is always...
Is Chicago The Next Domino To Fall?
Uh-oh. The only thing propping up Chicago may be that which is alluded to in their nickname: wind.
Another Debt Ceiling Debate?
Congress seems set for another debt ceiling debate in the fall. What does it mean for you?
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PrimeRates Market Talk: No Jobs Report — Wall Street Screams, Main Street Yawns
While the cable news channels scream their heads off at the inhumanity of it all, the average person seems to have seen this movie one too many times before. The “shutdown” of...
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Jobless Claims Up But LessThan Forecast
Department of Labor (DOL) data show that initial jobless claims for the week ending September 28 increased 1,000 to a seasonally adjusted 308,000. The number fell below the...
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The High Cost of Law School
The decision to go to law school is a big one, and while you may like the idea of earning a generous salary and working for a prestigious law firm, you're not so open to the idea...
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PrimeRates Market Talk: Government Shutdown Storm Clouds. Will Jobs Be Silver Lining?
Well, we all know how the week will begin. The question now is how will it end. As the shutdown consumes the investment world, there are some numbers due this week that would...
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College Majors that Don’t Pay Well
Going to college may improve your future job prospects, However, the fact that you may have more opportunities than someone who didn't go to college doesn't mean that you'll be...
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Housing Starts and Permits Weak Ahead of Fed Decision
A slowdown in multi-family activity put a drag on U.S. housing starts as the indicator increased less than expected, according to the New Residential Construction Report. Total...
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