No one likes to brag about losing money. But if you lost money on an investment, you’ll probably want to tell the IRS all about it. That’s because capital losses can save you money at tax time. Wondering what counts as a capital loss and whether you can deduct losses from your taxes? We’ll cover the basics of capital losses and how you can use them to save money on taxes. What are capital losses, and how do they work? A capital loss is when you sell an investment for less than you paid. With assets like ...

Today, amid fears of recession driven by the war in Iran, trade policy uncertainty due to tariffs and concerns over an AI-driven tech bubble, gold may indeed be seen as a safer place to invest.Historically, gold has served as a hedge against inflation and market volatility. Many investors turn to “safe haven” assets like gold during periods of economic and geopolitical instability to preserve their wealth.The Bank of America survey revealed that among wealthy young investors, 45% own gold as a physical asse ...

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. If you've been feeling a little on edge about the stock market lately, you're in good company. A new report from MarketWise shows that 76% of American investors are concerned about a market downturn in 2026, a marked shift from the upbeat mood that followed the last two years of gains. Nearly half of all investors (46%) admit they don't feel financially ready for a potential recession. For those earning ...

Shares in Gemini Space Station (NASDAQ: GEMI) declined by more than 14% as of 2:30 p.m today. The company is set to report its fourth quarter 2025 results tomorrow, and the last thing investors wanted to hear about is a heavyweight financial company downgrading the stock today, but that's exactly what happened. Citi downgrades Gemini Space Station A Citi analyst downgraded the stock to "sell" from "neutral" and reduced the price target to $5.50, a level still notably below the price at the time of writing ...

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Lots of us might have a system when it comes to planning for and filing our taxes, but some methods can actually get you in trouble. Read More: 5 Tax Loopholes the Ultra-Wealthy Use That Most Americans Don’t Know About Check Out: 5 Low-Effort Ways To Make Passive Income (You Can Start This Week) GOBankingRates got in touch with tax pros who warned of four common strategies that can trigger costly mistakes. Bad Recording Keeping One thing that can lead to costly mistakes is bad record keeping. “Not kee ...

Core Viewpoint - Investors are suing JPMorgan Chase for allegedly enabling a $328 million crypto Ponzi scheme operated by Goliath Ventures, claiming the bank processed significant transactions despite warning signs [1]. Summary by Sections Lawsuit Allegations - The lawsuit claims JPMorgan provided essential banking infrastructure for Goliath Ventures, processing approximately $253 million in deposits between January 2023 and June 2025 [1]. - Around $123 million was transferred from JPMorgan accounts to Coinbase wallets, while about $50 million was distributed to investors as returns [1]. - The complaint argues that the scale of the fraud should have raised alarms within JPMorgan, as the flow of funds was significant [1]. Scheme Operation and Charges - Goliath Ventures, previously known as Gen-Z Venture Firm, accepted investor deposits through JPMorgan accounts before transferring funds to Coinbase wallets [1]. - Christopher Alexander Delgado, the operator of Goliath, has been arrested on charges of wire fraud and money laundering, facing up to 30 years in federal prison if convicted [1]. - The complaint raises concerns about JPMorgan's Know Your Customer compliance, alleging the bank was aware that Goliath was operating as an unlicensed cryptocurrency pool [1]. Other Banking Involvement - Goliath also maintained accounts at Bank of America, with Delgado as a co-signatory on one of the accounts [1]. - Investors were directed to deposit funds into either JPMorgan or Bank of America accounts or send money directly to Goliath-controlled Coinbase wallets [1]. Legal Proceedings and Future Implications - The lawsuit was filed by investor Robby Alan Steele, with potential for additional complaints as more parties are identified [1]. - The case centers on whether JPMorgan acted on warning signs while managing Goliath's accounts, which could influence future banking practices regarding high-risk clients and crypto transactions [1].

Core Insights - The stock market has reached record highs in 2023, yet many Americans feel the need to take on higher risks to achieve their financial goals [1] Group 1: Financial Sentiment - Nearly 75% of Americans feeling financially behind exhibit "financial nihilism," believing high-risk investments like cryptocurrency and betting are more effective than traditional methods [2] - Factors such as a slowing labor market, rising education costs, and a competitive housing market are influencing Americans' financial perspectives, particularly among Gen Z and Millennials [4] Group 2: Investment Behavior - Over one-third of Gen Z and Millennials are considering investing in cryptocurrency this year, with a similar interest in sports betting and prediction markets [5][7] - The legalization of sports betting in over 30 states since a 2018 Supreme Court decision has contributed to the rise in speculative investments [6] Group 3: Investment Strategies - While speculative investments may seem appealing for higher returns, traditional investment strategies like low-fee index funds are recommended for reducing risk and increasing the likelihood of success [3] - Experts advise treating high-risk assets as "fun money" and emphasize the importance of consistent and disciplined financial planning for long-term wealth protection [6]

Core Viewpoint - South Korea is implementing new guidelines in rehabilitation hearings to alleviate the burden of crypto debts for individuals, aiming to prevent bankruptcies and manage the rising household debt crisis [1][2]. Group 1: New Rehabilitation Courts - Three new rehabilitation courts have been established in Daejeon, Daegu, and Gwangju to exclude debts from stock or cryptocurrency investments from liquidation calculations [1]. - These courts will work alongside the existing Seoul court and two additional branches opened in Suwon and Busan in 2023 [4]. Group 2: Debt Relief Measures - The new rules are part of South Korean authorities' efforts to control the country's household debt, which has reached a debt-to-GDP ratio of 92% in 2025, with a government commitment to cap household debt growth at 3.8% [2]. - The initiative follows public criticism after the government provided over $15 million in debt relief to individual crypto traders from a fund meant for small businesses [3]. Group 3: Impact on Bankruptcy Cases - The Seoul Rehabilitation Court has reported a nearly 13% increase in case load since 2023, handling around 28,000 cases last year, indicating a growing issue with bad crypto investments in bankruptcy cases [5]. - Courts are cautious of potential deceit from investors attempting to disguise crypto purchases as failed investments, with measures in place to punish such actions [6].

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