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An options-trading strategy is gaining steam among financial advisors seeking out a cheaper, more flexible form of borrowing with tax advantages.Processing ContentThe box spread gets its moniker from a four-sided structure of calls and puts that ensures a reliable yield based on the strike prices. Their tax rates, often competitive with the income from Treasury bills, and interest costs that can act as offsetting losses for capital gains, are driving the appeal of ETFs that use the strategy and securities-backed loans tied to it.But they’re complex instruments to most investors and even many advisors. So Financial Planning sought some answers…

Comcast’s NBCUniversal has sued Group Black, a firm created to direct ad dollars to Black-owned and Black-led media, alleging it owes the media giant $35.8 million in unpaid invoices and guaranteed payments.The suit, filed February 11 in New York Supreme Court, stems from a partnership that gave Group Black exclusive rights to sell ads in Black-led shows on NBCU’s streamer, Peacock, with Group Black and NBCU sharing the revenue.”We dispute the claims made by NBCUniversal and intend to respond through the appropriate legal process,” Group Black said in a statement. “Group Black remains focused on its mission and serving its…

I’d been on the island for less than a week when I opened my glove box looking for sunglasses, only to find the wrapper of my emergency granola bar torn open and the corner nibbled, right next to a neat little pile of mouse droppings.As I inspected the rest of the car, I was mortified to realize it was likely more than a single mouse. I texted the friend I was housesitting for in disbelief.”Ugh, I’m sorry! That’s so island,” she wrote back.If I were anywhere but this remote Pacific Northwest island — a $24 ferry ride away from the…

Average tax refund nearly 11% higher than 2025 – CBS News Watch CBS News Taxpayers are seeing bigger refunds so far this year thanks to new tax provisions signed into law by President Trump last summer. The latest IRS data shows the average refund so far this year is up nearly 11% from the same time last year. Source link

Expect to see your local Starbucks soon be full of middle-aged former office workers, says Andrew Yang.The Forward Party founder and former presidential candidate said AI “will kick millions of white-collar workers to the curb in the next 12 – 18 months” in a post on his Substack on Monday.Yang said that, when a company begins to shrink its workforce, its competitors will follow suit.”It will become a competition because the stock market will reward you if you cut headcount and punish you if you don’t,” he added.Yang has long warned about the impact of automation on jobs — he…

Early renderings released by Ford Motor of its next-generation, electric pickup truck, based on its upcoming universal electric vehicle platform.Courtesy FordDETROIT — Ford Motor’s $5 billion “bet” on its next generation of all-electric vehicles will feature a budding technology that Tesla commercialized in the U.S. on its Cybertruck, the Detroit automaker said Tuesday.The system, known as a 48-volt electrical architecture, had been discussed in the automotive industry for decades but Tesla was the first to bring it to consumers in 2023.The auto industry has historically used a 12-volt system with a lead-acid battery for all vehicles to power the car’s…

Michael Selig, President Donald Trump’s nominee to serve as Commodity Futures Trading Commission chairman, testifies in a Senate Agriculture Committee hearing on his nomination on Capitol Hill, Nov. 19, 2025.Jonathan Ernst | ReutersThe Commodity Futures Trading Commission filed an amicus brief in federal court on Tuesday to assert the agency’s right to enforce prediction markets instead of individual states, according to its new chairman, Michael Selig.Selig argued in a Monday Wall Street Journal op-ed that the CFTC has always had authority over prediction markets and determining whether the event contracts constitute gambling, as critics allege. Selig noted nearly 50 active…

Warner Bros. Discovery says it’s worried there could be an exodus of employees if David Ellison’s Paramount Skydance beats out Netflix for control of the company.Paramount has promised investors big cost savings — and WBD says employees may not stick around to find out whether their jobs are safe.In the past few weeks, Paramount has addressed many of the issues WBD’s board had with its bid, but this one has stuck around.”WBD may experience more substantial losses of employees and talent during the pre-closing period” if it picked Paramount’s bid over Netflix’s, the WBD board of directors wrote in an…

Six-time NBA Champion Los Angeles Lakers owner Jeanie Buss said new majority owner Mark Walter’s access to capital will help the team best compete with the NBA’s top franchises — and that her late father, Jerry Buss, would have supported the sale. “What was important to him was that the Lakers stay at the top of the NBA, and to stay at the top of the NBA, you need to have the resources,” Buss said. “You need to have everybody pulling together. And he would want [that for] the Lakers, because the Lakers are his legacy.”While the NBA has a…

The Trump administration’s interim guidance on clean energy tax credits released Thursday offered some relief to the industry by laying out a manageable path for new projects. But, it still left investors uncertain.Processing ContentThe industry had been closely watching the long-awaited guidance, which spells out rules for calculating whether a project or manufacturing facility is eligible for lucrative tax credits based on material sourced from China or other U.S. adversaries. However, the guidance didn’t significantly address another key issue: restrictions on foreign ownership and control of those projects.”Our sense is that this guidance may not do enough to allay the…