Exchange-traded funds have ‘tax magic’ that many mutual funds don’t offer newsthirst.

Israel Sebastian | Moment | Getty Images Investors who hold exchange-traded funds can often escape a tax bill incurred by those with mutual funds, which are generally less tax efficient, according to investment experts. ETFs and mutual funds are baskets of stocks, bonds and other financial assets overseen by professional money managers. But they have…

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Natural gas surges 20% on expectations for colder-than-usual January on the East Coast newsthirst.

A chimney from the Linden Cogeneration Plant is seen in Linden, New Jersey. Kena Betancur | View Press | Corbis News | Getty Images Natural gas futures prices surged Monday, hitting a new 52-week high following reports of a colder-than-usual temperature outlook for January. Natural gas February futures rose nearly 19% during the session after…

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South Korea to inspect airline operation system after Jeju Air crash newsthirst.

South Korea’s acting President Choi Sang-mok has ordered the transport ministry to carry out an emergency safety inspection of the country’s airline operation system, local news agency Yonhap reported Monday. Choi was speaking at a disaster control meeting in Seoul, after a Jeju Air flight crashed at the country’s Muan International Airport on Sunday, leading…

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