business news

How ‘Anonymous’ and other hacking groups are aiding protests in Iran

A netizen claiming to be affiliated with Anonymous said the Iranian congregation was hacked. Jakub Porzycki | Nurphoto via Getty Images Anonymous and other global hacker groups are involved in a multi-pronged cyberattack on Iran, joining the fight with local protesters to oppose the country’s strict hijab laws. Thousands of amateur hackers have organized online …

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UK property market could be about crack. Here’s how to trade the sector, analyst says

The UK property market was thrown into turmoil after political unrest caused borrowing costs in the country to soar. Earlier this month, expansionary tax cuts announced by UK Treasury Secretary Kwasi Kwarteng pushed UK government bond rates to their highest levels in over a decade. This made UK property stocks less attractive to investors, who …

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How to use required minimum distributions for unpaid taxes

Portrait | E+ | Getty Images If you’re retired and haven’t made the required quarterly estimated tax payments for 2022, there may still be time to avoid late penalties, experts say. Retirees have to pay taxes four times a year if they don’t have enough withholding from Social Security, pensions, investments, or other sources of …

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Strategists on stocks and how investors should trade the volatility

September has historically been a seasonally weak month for equities, and market performance over the past month has certainly revived that reputation. Hawkish comments from key Fed officials have further heightened market jitters at a time when investors are anxiously weighing their next move. Cleveland Federal Reserve Chair Loretta Mester said last week she sees …

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Student loan payments, interest are back in January for the unforgiven

Peter Dazeley | Getty Images For many federal student loan borrowers, repayment strategy is critical as payments, interest and collections — paused since March 2020 — are expected to resume after December 31. That’s true even if, by early estimates, nearly 45% of borrowers, or nearly 20 million people, would have their debt forgiven entirely …

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Iron ore demand is about to collapse in October, UBS says. Here’s how to trade this.

Demand for iron ore in China may have picked up earlier this month, but Swiss bank UBS says it’s a “short-lived” surge that will soon collapse. The investment bank said it believes earlier demand was partly driven by inventory rebuilding ahead of a week-long national holiday in China that begins Oct. 1, when industrial activity …

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How to make the most of Amazon’s ‘Prime Day’ and Target’s ‘Deal Days’

Holiday shoppers are getting a head start on the season, with some big-name retailers leading the way. Amazon recently announced a two-day “Prime Early Access Sale” starting October 11, and Target is hosting its own “Deal Days” beginning October 6. “It’s just an arms race,” said Jeffrey Galak, an associate professor of marketing at Carnegie …

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