Author: Robert Jessi

Taxation of an inheritance First off, the receipt of an inheritance is generally not taxable. Most or all tax is paid by the estate of the deceased, and the after-tax proceeds are distributed to the beneficiaries.  There can be exceptions. If you inherit real estate and sell it later, subsequent appreciation may be considered a taxable capital gain. If you inherit private company shares, depending on the planning you do post-mortem, a withdrawal from the corporation may be considered a taxable dividend to you.  But generally, a cash inheritance is tax-free to the beneficiary because any applicable tax has already…

UBS cuts Celsius Holdings stock price target on brand trends

USD The dollar slipped for a third straight session on Monday, seeing the easing toward 101 on reports of a fresh round of US–Iran talks, even as Tehran played down any imminent negotiations. Granted, that still leaves the index on course for a solid month, having climbed from near 99 in early June. But as we argued in our Week Ahead piece, the dollar may now have topped out for the year, though the fragile Middle East ceasefire, strained by four days of tit‑for‑tat strikes near the Strait of Hormuz over the weekend, keeps a near‑term floor beneath the buck.…

Gold is down nearly 1.50% so far in Tuesday’s Asian trading, sitting at a fresh seven-month low as the key $3,950 psychological barrier gave way amid a renewed wave of selling.Gold: Stops triggered, more pain in storeGold’s underlying bearish momentum regained traction early Tuesday, losing roughly $75 in a matter of a couple of hours.The sudden crash in the Japanese Yen (JPY) drove the USD/JPY pair to its highest level since 1986, above the 162.00 threshold, potentially triggering automated stop-loss orders in Gold below the $4,000 level once again.The USD/JPY upsurge injected fresh life into the US Dollar (USD), having extended…

The Pound to Canadian Dollar (GBP/CAD) exchange rate traded in a narrow range last week as investors balanced UK political developments against stronger Canadian inflation and softer oil prices. At the time of writing, GBP/CAD was trading at CA$1.8755, little changed on the week. Latest — Exchange Rates:Pound to Canadian Dollar (GBP/CAD): 1.87384Euro to Canadian Dollar (EUR/CAD): 1.6161Dollar to Canadian Dollar (USD/CAD): 1.41946 DAILY RECAP: The Pound (GBP) proved resilient last week, with Sterling holding steady despite Prime Minister Keir Starmer’s resignation. The move had already been largely priced in by GBP investors, meaning the announcement did little to unsettle…

is pinned near the bottom of its 2026 range. GBP/USD traded around 1.3220 into Monday, advancing modestly toward 1.3250 after striking a fresh 2026 low near 1.3145 last week. The pair is flat-to-firmer on the session as the dollar’s uptrend falters and the desk takes profit ahead of a heavy catalyst week, but the recovery is fragile — sterling sits at the soft end of a range that has been grinding lower since the hawkish Fed turn and a UK-specific political shock collided in mid-June. The pound faces three headwinds at once, and that confluence is what drove the fresh…

“People don’t usually call and ask for a hybrid,”  he said. “It’s more the EVs.” Customers tend to take him up on the offer of a hybrid, even though it costs $10 more per day, because they save more than that on gas money, he said. Gas prices drive interest in EV rentals As higher fuel prices strain traveller budgets this summer, some Canadians are looking to EVs to steer clear of gas stations. But with EV rental inventory tight, many won’t find what they’re looking for on the rental lot. This fresh wave of interest in EVs comes after a…

Form 4 Structure Therapeutics Inc ADR For: 29 June

Gold price (XAU/USD) declines to around $4,015 during the early Asian session on Tuesday. The precious metal extends its downside as inflationary pressure raised expectations that central banks would keep interest rates higher for longer.CNBC reported on Monday that the United States and Iran are set to hold fresh talks on Tuesday in Doha, Qatar, following a weekend of hostilities in the Middle East. However, uncertainty remain high and there was no response from Iran’s Ministry of Foreign Affairs.“The market is attuned to Middle East headlines, (with) some uptick in tensions over the weekend and still adjusting to a more hawkish Fed…

US President Donald Trump said via social media on Monday that the US and Iran are set to hold fresh talks on Tuesday in Doha, Qatar, following a weekend of hostilities in the Middle East, CNBC reported.“IRAN HAS REQUESTED A MEETING. IT WILL TAKE PLACE TOMORROW IN DOHA!,” Trump said in a post on Truth Social.Meanwhile, Iran said that no negotiation meetings are scheduled with Washington at any level in the coming days, as Tehran remains focused on implementing the memorandum of understanding rather than moving to final agreement talks.Iranian President Masoud Pezeshkian stated on Monday that Iran will honor…