How The Rich Avoid Paying Taxes on Savings Accounts

If you keep money in a regular savings account you will generally owe federal income taxes on the interest that is earned. You'll pay taxes at your regular rate the year interest is earned, whether or not you withdraw from … Continue reading → The post How to Avoid Tax on a Savings Account appeared first on SmartAsset Blog.

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  If You Have This Much Money in Your Savings Account, You Probably Owe Taxes

  SmartAsset
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  When You Do & Don't Owe Taxes on Stocks

  SmartAsset

This investor made $110 million from trading Bed Bath & Beyond — and he’s a 20-year-old student

A 20-year-old USC student has made a $110 million profit from trading meme stock favorite Bed Bath & Beyond, following a frenzy in Wednesday’s trading session.

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  Bed Bath & Beyond stock crashes 40% after Ryan Cohen's exit

  Yahoo Finance
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  Meme stocks in reverse as Bed Bath & Beyond slump spooks investors

  Reuters

How a 20-year-old USC student netted $110m from a Bed Bath & Beyond stock dump at exactly the right time

Jake Freeman cashed out his 6% stake in the meme stock after it exploded on Tuesday.

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  This investor made $110 million from trading Bed Bath & Beyond — and he’s a 20-year-old student

  MarketWatch
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  EXCLUSIVE: $100M College Whiz Who Scored As Bed Bath And Beyond Squeezed Says He 'Wasn't That Aware It Was A Meme'

  Benzinga

US Mortgage Lenders Are Starting to Go Broke

(Bloomberg) -- The US mortgage industry is seeing its first lenders go out of business after a sudden spike in lending rates, and the wave of failures that’s coming could be the worst since the housing bubble burst about 15 years ago. Most Read from BloombergUS Mortgage Lenders Are Starting to Go BrokeXi and Putin to Attend G-20 Summit in Indonesia, Jokowi SaysApple Targets Sept. 7 for iPhone 14 Launch in Flurry of New DevicesStocks Slide as Short-Sellers Cash In on Fedspeak: Markets WrapMueller