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What Is a Block Trade?
Block trades are large transactions of securities like shares of stock, options contracts, or bonds. Typically carried out by institutional…
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Tax Consequences for Home Business Offices
The US tax code allows for an exclusion—an escape from taxation—for the profit you might realize on the sale of…
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Have You Paid ‘Junk’ Bank Fees? Regulators Want To Know
If you’ve ever been charged what you think is an unfair fee by a bank or other financial institution, the…
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What Is a Bank-Owned Property?
Bank-owned property is property owned by a bank rather than a homeowner. A property can become bank-owned if the original…
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What Is Current Yield?
Key Takeaways A current yield is the interest rate a bond pays, expressed as a percentage of its market price.…
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Fed Is Finally Moving on Inflation, But at What Cost?
The Federal Reserve, determined to rein in inflation, has become dramatically more aggressive in its stance on interest rate hikes…
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Today’s Mortgage Rates & Trends, Jan. 27, 2022
The average 30-year mortgage rate fell for a fifth day, continuing to retreat from its recent peak. The average rate…
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Minimum Wage Increases Helped Workers Pay the Rent
That’s how much missed rental payments decreased in states that raised their minimum wage compared with those that didn’t, according…
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Filing Bankruptcy With Student Loans
Even though some student loans are eligible to be discharged in bankruptcy, doing so is no easy task. Unlike credit…
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What Is Averaging Up?
Averaging up is the process of buying more shares of stock as the stock price goes up. It is called…
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