Fifty and twenty pounds bank notes and a bitcoin logo are seen in this photo illustration. Omar Marques | SOPA Images | LightRocket via Getty Images LONDON — Britain is the latest country to join a global race toward central bank digital currencies. “We’re launching a new taskforce between the Treasury and the Bank of
Month: April 2021
More than a year after Covid-19 brought cruise ships to a standstill, there are clear signs that cruising could be making a comeback. The U.S. Centers for Disease Control and Prevention (CDC) signaled this month that cruises may resume by mid-summer — with restrictions — in a move cheered by operators and cruise lovers. That
fotostorm As more people get Covid-19 vaccinations and the U.S. reopens, people may be wondering what they should do to get on track with their money during an economic recovery. There are signs that the economy is about to take off. Businesses across the U.S. are reopening as states loosen virus-related restrictions, and employers are
The focus of this proposal is retirees who own their homes but have little or no financial assets. They are said to be “house-rich but cash poor.” As a rough estimate, they number perhaps 15 million. A small change in the Federal tax code would help them at no reduction in Federal tax revenues and
The Solar Decathlon run by the United States Department of Energy is an extraordinary collegiate event which happens every two years. This year was no exception. The first place winner of this event went to the University of Colorado Boulder team. They attempted to build affordable housing to accommodate local residents who are being financially
In this article PM BATS-GB MO Marlboro cigarettes, a product of Philip Morris International Daniel Acker | Bloomberg | Getty Images Tobacco stocks tumbled Monday on a report that the Biden administration is considering whether to cap nicotine levels in cigarettes. The report, which cited people familiar with the matter, was published in the Wall
SVP and Director at IBM Research Arvind Krishna speak on stage during the 2016 Wired Business Conference on June 16, 2016 in New York City. Brian Ach | Getty Images IBM shares rose 4% in extended trading on Monday after the enterprise technology and services maker reported first-quarter earnings that came in better than analysts
In this article STLD ZION ELS UAL IBM Pedestrians walk past the IBM building in New York. Scott Mlyn | CNBC Check out the companies making headlines after the bell on Monday: IBM — Shares of the computer hardware company ticked up 2.9% after IBM reported better-than-expected results for the first quarter. IBM posted earnings
Rendering of a United Launch Alliance’ Atlas V rocket carrying Amazon satellites. ULA/Amazon Amazon is preparing to send its first Project Kuiper internet satellites into orbit, with Jeff Bezos‘ company announcing on Monday that it signed a contract with United Launch Alliance for nine launches. ULA, a joint venture of Boeing and Lockheed Martin, will
Ting Shen/Bloomberg via Getty Images The Consumer Financial Protection Bureau announced an interim rule on Monday that will allow tenants to sue debt collectors who violate the national ban on evictions. Attorneys for landlords and other debt collectors who wrongly evict tenants could also face federal and state prosecution, the bureau said. In addition, these
Does it irk you to no end seeing your kid stare at the screen for hours on end playing a pretend game? Do you think your child will live a healthier life playing a real game outdoors instead? Are you driven up the wall watching your youngster get irrationally angry at a mindless set of
Another class action lawsuit is hitting the beleaguered syndicated conservation easement industry. As in the other three, which are covered here, here and here, David Deary is the lead attorney. The case is Hoover et al v Strategic Capital Partners, LLC et al and the complaint was filed in the United States District Court for the Northern
The real estate industry has gone through a rollercoaster in recent months. The last year has been as unpredictable as it has been worrying to many developers. To deal with consumers’ changing attitudes, real estate companies have had to adjust how they interact with clients. A company that’s currently still focused only on making as
In this article .RUT .IXIC .DJI .SPX Bull markets don’t die of old age, as investors have been often reminded during this most recent one, but how long on average do they live? Investors who consult the historical S&P 500 chart will find a technical answer to this question. Market history says anywhere from four
In this article KO A worker restocks a display of Coca-Cola Co. soft drinks at a store in Orem, Utah, U.S., on Tuesday, Feb. 9, 2021. George Frey | Bloomberg | Getty Images Coca-Cola is expected to report its first-quarter results before the bell on Monday. Here’s what Wall Street analysts surveyed by Refinitiv are
Shoppers wait for a GameStop store to open on at the Tysons Corner Center, in Tysons, Virginia, November 27, 2020. Hannah McKay | Reuters GameStop rallied on Monday after the brick-and-mortar video game retailer announced its succession plan as it seeks to pivot to e-commerce following a historic Reddit-fueled short squeeze earlier this year. Shares of
The most expensive single-family home for sale in the exclusive Bal Harbor Village section of Miami Beach, Florida, is called Villa Magnolia, and it has an asking price of $35 million. The view from above Bal Harbor’s most expensive residential listing. Lifestyle Production Group / The Jills Zeder Group The two-story residence at 182 Bal
The shadow of NASA’s Ingenuity is seen on the surface of Mars as the helicopter hovered during its first flight on April 19, 2021. NASA/JPL-Caltech NASA successfully conducted the first flight of an aircraft on another planet, as the space agency’s helicopter Ingenuity completed a historic feat on Mars on Monday that it called a
Luis Alvarez | DigitalVision | Getty Images More than ever, young investors are engaging with the stock market. An E-Trade study found that 51% of millennial and Gen Z investors reported their risk tolerance had increased since the pandemic — 23 percentage points higher than the total population. The study also found that they are
The pandemic has impacted every aspect of life, including tax filing deadlines. Rather than the usual April 15, the filing deadline for your 2020 return has been extended to May 17. Of course, Americans living outside the United States have until June 15 to file their return each year, with or without the pandemic. Here’s
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