Month: July 2021

2022 Jeep Compass Jeep CHICAGO – Jeep is updating one of its smallest SUVs with new technologies and a redesigned interior ahead of the brand’s push into electric vehicles. New features on the 2022 Jeep Compass include active emergency braking and blind-spot monitoring as standard safety technologies as well as optional 10-inch interior screens and
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A visual representation of digital currencies. Yuriko Nakao | Getty Images Virtual payments can be costly and slow – which makes them ripe for disruption by digital currencies, particularly stablecoin. What makes virtual payments inefficient is that they occur in a multitude of smaller closed networks: banks facilitate transfers linked to accounts, credit card networks
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Liz Armbruester, Avalara’s senior vice president of global compliance, discusses the recent EU VAT e-commerce reforms and their impact on businesses and consumers worldwide. This transcript has been edited for length and clarity. David D. Stewart: Welcome to the podcast. I’m David Stewart, editor in chief of Tax Notes Today International. This week: VAT update. On July
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In this article GSBD Goldman Sachs on Tuesday reported second-quarter earnings that blew past Wall Street expectations, propelled by strong performance in investment banking amid a robust IPO market. Here are the numbers: Earnings: $15.02 per share vs. $10.24 expected by analysts polled by Refinitiv. A year earlier Goldman recorded earnings per share of $6.26 (53
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Investors may want to keep the antacid nearby. Long-term market bull Tony Dwyer sees near-term turbulence in connection with his “summer of indigestion” call. So, he’s encouraging investors to resist making any big moves right now. “We’ve had one heck of a run. It’s been an excessive run in the indices,” the Canaccord Genuity chief
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David Solomon, chief executive officer of Goldman Sachs & Co., speaks during a Bloomberg Television interview at the Milken Institute Global Conference in Beverly Hills, California, U.S., on Monday, April 29, 2019. Patrick T. Fallon | Bloomberg | Getty Images Goldman Sachs CEO David Solomon said that China’s recent moves boosting oversight of its technology
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Bill Oxford | E+ | Getty Images Roughly 4 million refunds will be sent this week to people who overpaid taxes on their 2020 unemployment benefits, the IRS announced Tuesday. Due to the $1.9 trillion American Rescue Plan Act, which became law in March, up to $10,200 in 2020 unemployment compensation was excluded from taxable
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In 1974, the Oldsmobile Ninety-Eight was a popular car – and the Employee Retirement Income Security Act (ERISA) was enacted to govern the US pension system. A lot has changed since 1974. Oldsmobile no longer exists, for one thing. The “typical” American family comes in many more shapes and sizes. And American workers are unlikely
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In this installment of Willis Weighs In, Tax Analysts’ Jasper Smith, Executive Editor for Commentary, talks with Tax Notes contributing editor Benjamin M. Willis and Jillian S. Brennan, 2021 valedictorian of the Villanova University Charles Widger School of Law, about their article on zero-basis debt and writing about tax. Here are a few highlights from their discussion, edited for length
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JPMorgan Chase reported second-quarter profit and revenue that exceeded analysts’ expectations as the firm released money set aside for loan losses. Here’s how the bank did: Earnings: $3.78 per share, exceeding the $3.21 per share estimate per Refinitiv. Revenue: $31.4 billion, topping the $29.9 billion estimate. One key factor is that after the industry set
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