There's a reason individual retirement accounts (IRAs) and 401(k) plans are often touted as fantastic retirement savings tools. These accounts give you a huge tax break on your money. If you contribute to a traditional IRA or 401(k), your money goes in on a pre-tax basis. Your investment gains are also tax deferred, which means you don't pay taxes on gains until you actually take withdrawals from ...
There's a reason individual retirement accounts (IRAs) and 401(k) plans are often touted as fantastic retirement savings tools. These accounts give you a huge tax break on your money. If you contribute to a traditional IRA or 401(k), your money goes in on a pre-tax basis. Your investment gains are also tax deferred, which means you don't pay taxes on gains until you actually take withdrawals from your account. Image source: Getty Images. Continue reading
China Vanke Co. is bracing for its next major test as the developer that’s become a symbol of the nation’s broader property crisis navigates a proposal to delay bond payments and drafts broader restructuring plans. Once China’s biggest builder, the Shenzhen-based firm must pitch revised extension proposals by the end of Monday to creditors holding two local notes totaling 5.7 billion yuan ($817 mi...
China Vanke Co. is bracing for its next major test as the developer that’s become a symbol of the nation’s broader property crisis navigates a proposal to delay bond payments and drafts broader restructuring plans. Once China’s biggest builder, the Shenzhen-based firm must pitch revised extension proposals by the end of Monday to creditors holding two local notes totaling 5.7 billion yuan ($817 million) that initially matured in December, according to recent filings . In prior votes , the holders rejected plans to delay payments for 12 months but agreed to extend the grace periods for several weeks. The company, under pressure from authorities, is also preparing a broader restructuring plan, which still needs Beijing’s approval, people familiar with the matter said last week. Vanke, the last major Chinese developer to stave off debt failure so far, is under mounting strain from nearly $50 billion in interest-bearing liabilities. The company scrambled for cash to meet bond repayments in December after a key state‑owned shareholder scaled back support, triggering a cascade of default tests . The risk is that the developer fails to find middle ground with bondholders or opts for a sweeping restructuring — both effectively leading to an eventual default and signaling a new front in a property crisis that’s triggered a $130 billion non-payments and a wave of liquidations. “A debt restructuring is unavoidable for Vanke given its strained liquidity and lack of government support,” said Zerlina Zeng , head of Asia Strategy at Creditsights Singapore. “It came earlier than expected, and in our view is more ideal than extending the grace period multiple times, and delaying payments indefinitely.” In its earlier proposals to creditors, Vanke offered to pay interest within the grace period and floated unspecified credit enhancements while seeking a 12-month deferral on principal repayments. Bondholders, however, pushed for more. Investors have sought stronger credit enhancements...
Artificial intelligence (AI) investing continues to be a huge theme on Wall Street as we turn the calendar to 2026. Although some investors may be getting tired of it, the reality is that it's here to stay. So if you're looking for investment ideas now, I think these 10 stocks belong on your short list. Image source: Getty Images. Although this list is not in order of best to worst, I'd still rank...
Artificial intelligence (AI) investing continues to be a huge theme on Wall Street as we turn the calendar to 2026. Although some investors may be getting tired of it, the reality is that it's here to stay. So if you're looking for investment ideas now, I think these 10 stocks belong on your short list. Image source: Getty Images. Although this list is not in order of best to worst, I'd still rank Nvidia (NASDAQ: NVDA) as my top artificial intelligence stock to buy for 2026. It sits at the core of the AI infrastructure buildout, and its graphics processing units (GPUs) remain the best and most popular parallel processing option available. Continue reading