By Andrew MacAskill LONDON (Reuters) – Britain's financial industry could lose up to 38 billion pounds ($48.34 billion) in revenue in a so-called 'hard Brexit' that would leave it with restricted access to the European Union's single market, according to a report commissioned by an industry group. If …
Texas businessman William J. Sandbrook says he’s “bullish” on President-elect Donald Trump’s call for $1 trillion in new infrastructure spending and a massive tax cut for wealthy Americans and businesses — and for good reason. As the president and CEO of U.S. Concrete Inc., a $1.1 billion-a-year …
Long-term U.S. mortgage rates edged lower this week. As rates remain at historically low levels, homeowners taking advantage of the chance to refinance their mortgages have pushed up refinancing activity. …
The financial gurus are always looking for a new “alternative” asset class that both reduces the risk in your portfolio and increases returns. Longboard Funds looked at data from the past 15 years and examined what happened when you added 20{b3df30ef46327c92536c9d4cc87cf2f525bd3d5ea719227c874c7a308e531779} of various asset classes to a traditional 60/40 stock/bond …
The RepublicBe wary of mutual fund capital gain distribution seasonThe RepublicIt's never easy, but this is a particularly tricky time of year for investors who own or are considering purchasing mutual funds in taxable accounts. If you sell your mutual fund shares at a profit, you'll owe capital …