My sister is buying our parents’ $3 million house, but wants to deduct $100K for renovations. Who’s right?
“If she didn’t want the home, it would have been sold at fair market value.” Source link
ChatGPT is now doing what Sam Altman called a ‘last resort’ only two years ago
Confronted with fierce competition from its rivals and immense funding requirements in the next few years, Altman announced ads on ChatGPT. Source link
Trump plans 10% tariffs on European countries over Greenland: What it means for markets.
Trump levels latest threat at Europe as Supreme Court decision on his tariffs loom Source link
I started working as a dishwasher at age 13. Social Security refuses to acknowledge this. Am I being cheated?
“I am 69, and started collecting Social Security when I was 66½.” Source link
Colleges could go tuition-free if their endowment-fund managers just invested in this stock index
Buy-and-hold S&P 500 investors outperform college endowment managers. Could this be why? Source link
These charts show the stock market giving investors a lot to like — for now — as the S&P 500 nears 7,000
More stocks are making new 52-week highs and volatility is low. Source link
The financial elite aren’t worried about a stock-market bubble yet — but you can’t afford to be so complacent
Investors know bull markets end, of course. But even the global leaders descending on Davos may underestimate the dangers. Source link
BP doesn’t wait for new CEO to take big write-off of renewables business
BP isn’t even waiting for its new CEO to start before taking a big charge over its push into renewable energy. Source link
Where one of Trump’s candidates to be Fed chair wants to take interest rates
“The Fed has got to get the rate down to 3% — I think that is closer to equilibrium,” BlackRock’s chief investment officer of global
U.S. stock futures sink after Powell accuses Trump of intimidation over DOJ probe
With earnings season about to kick off, U.S. stock futures slipped Sunday, after the Dow and S&P 500 closed Friday at record highs. Source link