The IRS has begun sending letters to people with virtual currency transactions who may have failed to report income and pay taxes, or who did not report their transactions properly. By the end of August, more than 10,000 taxpayers will receive the letters, targets the IRS says it obtained through various ongoing IRS compliance efforts.
Month: July 2019
An employee drives a Tesla Motors Inc. Model S electric automobile, equipped with Autopilot hardware and software, hands-free on a highway. Jasper Juinen | Bloomberg | Getty Images Two consumer safety groups are calling for federal and state investigations of Tesla’s semi-autonomous technology in the wake of several fatal crashes linked to the system earlier
Intel shares rose more than 7% in extended trading on Thursday after the chipmaker reported better-than-expected earnings and revenue and gave an upbeat forecast. Here are the key numbers for the second quarter: Earnings: $1.06 per share, excluding certain items, vs. 89 cents per share as expected by analysts, according to Refinitiv Revenue: $16.51 billion,
Traders work the floor at the NYSE. Brendan McDermid | Reuters The Fed is expected to cut interest rates for the first time in more than a decade Wednesday, a pre-emptive move as concerns rise about the impact of the trade wars and a slowing global economy. Friday’s July jobs report should show that the
David Einhorn speaking at the 24th Annual Sohn Investment Conference in New York, on May 6, 2019. Adam Jeffery | CNBC David Einhorn revealed new positions Thursday in three stocks: Chemours, Dillard’s and Scientific Games. Einhorn told Greenlight Capital clients the positions were added in the second quarter. He described the Chemours stake as “medium
Ariel Skelley | Getty Images Want to retire in the city with the most sunny days per year? Or one with no state or local sales tax? A new list by SeniorAdvice.com — a housing referral service — ranks the best locations to spend your golden years. The site focused on mid-sized cities, since “most
Early retirement is a goal of some people and a dream of many. There’s a lot of appeal to the idea of being financially independent and leaving the work force when we’re still young enough to engage in a wide range of activities. Early retirement can mean living wherever you want and doing what you
Casino slot machine, jackpot, wealth, luck and success concept Getty If you’re surprised to see such a title – “7 REITs Yielding 7% – or More!” – from Mr. Conservative Investor Brad Thomas, I don’t blame you one bit. I know I’m the one who normally cautions against dividend yields that are too high or
Our country is split down the middle on man-made climate change. Roughly half of us believe it’s real, and half of us believe it’s fake. Deep down, though, we all have our doubts. Take NASA’s assessment. “Climate-warming trends over the past century are extremely likely due to human activities.” While NASA’s pulling no punches, it’s
A mobile phone open to the web site of credit bureau Equifax, with text on the website reading ‘Equifax Cybersecurity Incident’, providing steps for consumers to take following a security breach in 2017 that affected 143 million Americans. Smith Collection/Gado | Archive Photos | Getty Images I may have banked $125 Friday by taking less
Sarah Whitten | CNBC Shares of Mattel jumped as much as 7% in extended trading Thursday after the company posted a narrower-than-expected loss in the second quarter and reported strong sales of its Barbie dolls and Hot Wheels cars. “This quarter further demonstrates the continued momentum of our multi-year turnaround strategy,” Ynon Kreiz, chairman and
Eric Trump, third from left, and Donald Trump Jr., second from right, talk with guests at the opening of the Trump Golf Links clubhouse, Monday, June 11, 2018, in the Bronx, New York. Mark Lennihan | AP Trump Ferry Point, the Bronx golf course operated by President Donald Trump’s company, lost more than $122,000 in
The Pets.com sock puppet dog stars in a commercial for the company, Jan. 11, 2000, in Los Angeles. Bob Riha | Liaison | Getty Images Greenlight Capital’s David Einhorn, who successfully made bets against companies including Enron, is likening hot IPO Chewy to dot-com bubble poster child Pets.com. In his quarterly letter to clients, Einhorn
Hero Images | Hero Images | Getty Images If you’re in your 20s or 30s without children, the need to purchase life insurance can seem unnecessary. Putting it off, however, may cost you. “The better health you’re in and the younger you are, the cheaper your insurance premium typically will be,” said certified financial planner
ASSOCIATED PRESS Those who have been peddling the idea that Model 3 demand has peaked saw some vindication in Tesla’s Q2 report. Deliveries hit a record high, but decreased margins seemed to support the argument that Tesla had to cut prices to move their cars. However, Gorden Lam, a Marketocracy manager who has given us the best guidance
An aerial shot of Brickell Key, with downtown cityscape. Getty Here’s where the best national deals for Q3 are according to Knock.com’s National Deal Forecast. To predict where the best potential discounts are, Knock uses “machine learning-driven algorithms” valuing customer’s homes to current listings in 45 of the country’s largest MSA’s (Metropolitan Statistical Area). “The
Getty Taxpayers who deal – or even dabble – in virtual currency may be on the receiving end of a letter from the Internal Revenue Service (IRS) this month. The IRS has announced that they have begun sending letters to taxpayers who might have failed to report income and pay the resulting tax from virtual
Titanium Apple Card Source: Apple The Apple Card, a high-profile credit card partnership between Goldman Sachs and Apple, is scheduled to launch in the first two weeks of August, a person familiar with the project told CNBC. Apple revealed the new credit card product in March at an event at its headquarters. Goldman Sachs CEO
Twitter posted earnings that beat analyst estimates on the top and bottom lines Friday, helping to boost share prices by about 9%. The rally added more than $2 billion to Twitter’s market cap, bringing it around $32 billion. Here are the key numbers Twitter reported for its second quarter of 2019: Earnings per share: 20
A dog sits in front of the New York Stock Exchange (NYSE) during Chewy Inc.’s initial public offering (IPO) in New York, U.S., on Friday, June 14, 2019. Michael Nagle | Bloomberg | Getty Images In his most recent letter to investors, David Einhorn of Greenlight Capital wrote that today’s market bears resemblance to the
- « Previous Page
- 1
- …
- 4
- 5
- 6
- 7
- 8
- …
- 36
- Next Page »