Rich Russians fleeing sanctions are pumping up Dubai’s property sector

Dubai is seeing its hottest real estate market in years, with sales in the sector up 45% year on year in April and 51% in May, according to the Dubai Land Department. DUBAI, United Arab Emirates – The team at Dubai property firm Mira Estate have reason to celebrate. The luxury real estate company just … Read more

Investor delivers new tech ‘bubble’ warning

The recent tech rally may be doomed. Money manager Dan Suzuki or Richard Bernstein Advisors warns the market is far from bottoming out – and it’s a concept investors fail to grasp, particularly when it comes to growth, technology and innovation names. “The two certainties in this world of uncertainty today are that profits growth … Read more

Top Indicators of Financial Independence for Women, Survey Says

Select’s editorial team works independently to review financial products and write articles we think our readers will find useful. We earn a commission from affiliate partners on many offers, but not all offers on Select are from affiliate partners. While the idea of ​​financial freedom can mean different things to different people, a recent report … Read more

RBC top analyst sees comeback

Investors who are “apathetic” or negative toward banks will change their stance in the second half of the year, according to RBC Capital Markets’ top banking analyst. Gerard Cassidy predicts bullishness will make a comeback due to strong revenue growth and optimism surrounding credit. “You can really see people coming back to [bank] the stocks. … Read more

UBS says Charles Schwab’s stock is a buy and ‘well insulated’ from market risk

The stock market is in turmoil, but brokerage firm Charles Schwab could be a port in the storm for investors, according to UBS. Analyst Brennan Hawken upgraded Charles Schwab to buy from neutral, saying in a note to clients Monday that the stock already reflects downside from issues like the potential end of payment for … Read more

Brex drops small business customers as Silicon Valley adjusts to new reality

Brex Co-Founder & CEO Henrique Dubugras speaks onstage during TechCrunch Disrupt San Francisco 2019 at Moscone Convention Center on October 02, 2019 in San Francisco, California. Steve Jennings | Getty Images Brex, the Silicon Valley lender to start-ups, is dropping tens of thousands of small business customers to focus on bigger venture-backed clients, according to … Read more

China real estate troubles sent debt indicator to record high

Fixed asset investment data for the first five months of 2022 showed real estate investment declined at a greater scale than it did during the first four months of the year. Pictured here on May 16 is a development in Huai’an City in Jiangsu province in east China. CFOTO | Future Publishing | Getty Images … Read more

Wells Fargo says Silvergate Capital is a buy even as crypto prices sink

Silvergate Capital is poised to be a long-term winner in the crypto industry even as the end case for digital technology remains murky, according to Wells Fargo. Analyst Jared Shaw initiated coverage of the stock with an overweight rating, saying that Silvergate was “carving out a niche role” as an important bank in the crypto … Read more

How to sidestep a tax bomb when selling your home

With soaring prices and record home equity, you may expect a profit from selling your property. But the windfall may trigger an unexpected tax bill next April. While home profits dipped slightly, the typical single-family seller still scored a $ 103,000 gross profit during the first quarter of 2022, according to ATTOM, a nationwide property … Read more

Fund manager explains how to make money in a volatile stock market

Jordan Cvetanovski of Pella Funds Management names the companies to own in uncertain times, some of which did well during the global financial crisis and Covid. Speaking to CNBC Pro Talks last week, he noted that global headwinds are roiling the stock market – and some sectors are set to benefit. Stock exchanges are one … Read more