Author: CapitalGainsFund

Apr 13

Market Snapshot: Stock-index futures dragged lower while oil gains after historic agreement on output cuts

U.S. stock-index futures quickly give up early gains Sunday evening, as oil prices rose following a historic agreement by major producers to curb production, ending a price war between Saudi Arabia and Russia. Investors also remain focused on the COVID-19 pandemic, on the lookout for confirmation that the outbreak may be plateauing as they prepare […]
Apr 12

Key Words: Here’s what Pope Francis said about the global economy that drew a ‘wow’ from a former presidential candidate

“ ‘This may be the time to consider a universal basic wage which would acknowledge and dignify the noble, essential tasks you carry out. It would ensure and concretely achieve the ideal, at once so human and so Christian, of no worker without rights.’ ” That’s Pope Francis showing support for an idea many countries […]
Apr 12

Tax Guy: The most important COVID-19-related federal tax relief measures — including some that can result in hefty tax refunds

The $2.2 trillion Coronavirus Aid, Relief, and Economic Security Act (CARES Act) delivers good news to individuals and businesses, including meaningful tax relief. The tax relief offered by the CARES Act is over and above the tax relief offered by the earlier Families First Coronavirus Response Act (FFCRA). Finally, the IRS has graciously postponed some […]