China’s central bank on Monday said it had urged several payment firms and banks to clamp down on cryptocurrency speculation, adding to calls from Beijing for restrictions on bitcoin and other digital currencies. The People’s Bank of China said it summoned major lenders including the Industrial and Commercial Bank of China and the Agricultural Bank
Month: June 2021
Southeast Asia’s start-up scene is heating up. This year alone, two of the region’s biggest names — on-demand platforms Grab and GoTo — announced their plans to go public in what investors see as a major milestone that could spawn further entrepreneurship. And now is the perfect time for new entrepreneurs to get started, according
CNBC’s Jim Cramer said Monday he’s offloaded most of his bitcoin holdings, expressing concerns around the recent crackdown on crypto mining by the Chinese government and bitcoin’s role in some ransomware attacks. “Sold almost all of my bitcoin. Don’t need it,” Cramer said on “Squawk on the Street,” more than two months after he first
Choreograph | iStock | Getty Images For some Medicare beneficiaries, health-care coverage ends up costing more than it does for most of their peers — and it’s not by choice. While there are costs that individuals often are aware of — i.e., they purchase a supplemental policy or choose a more expensive plan — some
Many pre-retirees and retirees fear that their future tax rates could increase to help pay for the substantial U.S. federal debt that’s building up. As a result, they’re considering converting some of their traditional IRA and 401k accounts to a Roth account in 2021. The justification is that it might be better to pay income
Taxpayers filing late international information returns continue to encounter difficulties with the IRS’s recent practice of apparently disregarding reasonable cause statements initially and automatically assessing penalties. In particular, late filers of Form 3520, “Annual Return to Report Transactions With Foreign Trusts and Receipt of Certain Foreign Gifts,” have found it challenging to persuade the IRS to even look
Most small businesses start out as a one-man or one-woman show. The founding entrepreneur usually fills most, if not all, of the essential roles. While this is an exciting time for any entrepreneur, it’s not sustainable. Many business owners experience burnout as their companies grow, because they simply cannot do it all (no matter how
In this article ACI DASH A DoorDash sign is pictured on a restaurant on the day they hold their IPO in New York, December 9, 2020. Carlo Allegri | Reuters DoorDash announced Monday it’s partnering with Albertsons Companies to offer on-demand grocery delivery from nearly 2,000 of Albertson’s stores, including Safeway, Vons and Jewel-Osco. The
Traders on the floor of the New York Stock Exchange. Source: NYSE Monday’s aggressive stock market rally came despite the fears of one Wall Street firm that investors still aren’t appreciating how quickly the Federal Reserve could start raising rates. After getting hammered in the final three trading days last week, Wall Street came roaring
Oliver Contreras/Sipa/Bloomberg via Getty Images The U.S. would tax capital gains and dividends for the rich at among the highest rates in the developed world if President Joe Biden’s proposal were enacted. The top rate high-earning Americans pay on dividends and the sale of appreciated assets would jump to nearly 49%, when combining all federal
Representations of the Bitcoin cryptocurrency are seen in this illustration picture taken June 7, 2021. Egdar Su | Reuters MicroStrategy said Monday it owns more than 100,000 bitcoins after completing another purchase round, this time spending roughly $489 million on 13,005 tokens. Shares of the Virginia-based enterprise software company were down more than 9% in
LaylaBird There could be one more big bump in the road as the economy recovers from the Covid-19 pandemic: a market correction. Moody’s Analytics economist Mark Zandi is warning there may be a 10% to 20% pullback in the markets prompted by the Federal Reserve’s current policies. In fact, the dip may have already started,
The word “taxes” is seen engraved at the headquarters of the Internal Revenue Service (IRS) in Washington, D.C., U.S., May 10, 2021. Andrew Kelly | Reuters Many in Congress want to fix the country’s crumbling roads, bridges and other infrastructure projects. Lawmakers still haven’t agreed on how to pay for it. President Joe Biden has
Notre Dame Quarterback Brandon Wimbush (7) runs with the ball under pressure from University of Miami Hurricanes Defensive Lineman Trent Harris (33) during the college football game between the Notre Dame Fighting Irish and the University of Miami Hurricanes on November 11, 2017 at the Hard Rock Stadium in Miami Gardens, Florida. Icon Sportswire |
As we cross the mid-point of 2021, older adults are starting to enjoy going out again, resuming work, and doing some light traveling, but many are still reluctant to re-join their gyms, attend crowded events, or engage in enclosed venues with people they don’t know. This is especially true for people with compromised immune systems
Most income is ordinary, including pay for services, interest, business profits, dividends, money for winning the lottery, and most other payments. But for generations, there’s been a big tax break for long-term capital gains, those held over a year. Assuming you get past one year, if you sell your house, car, crypto stockpile, Amazon AMZN
This traditional Spanish-style villa in the town of Rocafort in Valencia, Spain, looks as though it rose from the mass of rocks below. In fact, stones extracted from the property between the 14th and 16th centuries were used to construct landmark buildings in the nearby city of Valencia. The lower portion of the property displays
A medical worker receives the Covid-19 vaccine at the First Affiliated Hospital of Sun Yat-sen University on April 7, 2021 in Guangzhou, Guangdong Province of China. Southern Visual | Visual China Group | Getty Images GUANGZHOU, China — China has administered more than a billion doses of its Covid-19 vaccines, a key milestone in the
In this article BTC.CM= A bitcoin mine near Kongyuxiang, Sichuan, China on August 12, 2016. Paul Ratje | The Washington Post | Getty Images Bitcoin sank Monday on reports that China has intensified its crackdown on cryptocurrency mining. The world’s largest digital currency fell 7% to a price of $32,801 Monday morning, dropping below $33,000
An extraordinary court case from Oklahoma shows the importance of having a will that is in writing and clearly written, preferably by an experienced estate planning professional. A man passed away, survived by his two adult children and a grandson. He left a one-sentence handwritten will (known as a holographic will) that left everything he
- « Previous Page
- 1
- …
- 8
- 9
- 10
- 11
- 12
- …
- 31
- Next Page »