Monthly Archives: August 2022

FBI search of Trump’s Mar-a-Lago reignites conservative calls for a civil war in the US

Former President Donald Trump. AP Photo/Joe Maiorana, File Trump supporters are calling for a civil war after the FBI raid of Mar-a-Lago. Experts say that political violence will heighten in the US ahead of the midterm elections. Republican lawmakers have also entertained that idea of states seceding from US. The FBI’s search of former President…

Bonds can be taxable or tax-free — here’s your guide to the different types and calculating what’s due on them

Municipal bonds are the main federal tax-free bond on the market. baona/Getty Images Bonds and bond funds generate two types of income: interest and capital gains. Interest income from a bond may be taxable or tax-exempt, depending on the type of bond. Capital gains from selling a bond before maturity are usually taxable. Like most…

Say goodbye to bidding wars: the number of homes on the market just spiked at a record pace

Joe Raedle/Getty Images The US supply of active home listings surged 30.7% in the year through July, Realtor.com said. That marked the third straight month of record-breaking inventory growth. Housing market activity has quickly cooled as soaring mortgage rates crush buyer demand. In just one year, the story of the US housing market has completely…

Former White House physician Rep. Ronny Jackson pledges to never eat ‘a whole plate of dog penis’ again

Physician to the President U.S. Navy Rear Admiral Ronny Jackson meets with Senate Veterans Affairs Committee Chairman Johnny Isakson (R-GA) in his office in the Russell Senate Office Building on Capitol Hill April 16, 2018 in Washington, DC Chip Somodevilla/Getty Images A former White House physician, Rep. Ronny Jackson has tried food from around the…

Cathie Wood says the Fed will cut rates in 2023 as a number of signals point to a ‘very weak’ economy

Cathie Wood runs the Ark Innovation ETF. David Swanson/Reuters Tech investor Cathie Wood sees the Fed cutting interest rates in 2023, she told Bloomberg on Monday. There are signs the US economy is ‘very weak,’ including a rise in layoff notices and claims for unemployment benefits, she said.  The Fed looks on track to interest…

South Korea to investigate Apple, Google over possible in-app payment violations

Apple and Google are already facing scrutiny in the wake of a South Korean law requiring that they allow third-party payments. Reutersreports the Korea Communications Commission (KCC) will investigate Apple, Google and SK Group’s One Store over potential violations of the in-app payment law. Regulators said they started inspecting the digital shops on May 17th,…