Morty, an online mortgage marketplace, announced today they have closed a $25 million Series B financing round with the entirety of the funding in the form of equity. This gives the company a valuation of $150 million, said Morty cofounder Nora Apsel. Previously the company had a valuation in the $10 to $50 million range,
Month: July 2021
Excitement is building this week as the new Advanced Child Tax Credit launches. Yet as the July 15 rollout nears, there are still taxpayers who are unsure about how this new program will impact them. “The much-anticipated child tax credit payments being released this week, while certainly welcomed, are still broadly misunderstood by most parents. Our
People hold their arms after receiving the Johnson & Johnson vaccine against the coronavirus disease (COVID-19), as part of a government plan to inoculate Mexican border residents on its shared frontier with the United States, in Tijuana, Mexico June 17, 2021. Jorge Duenes | Reuters Covid infections are rapidly rising again in the U.S. and
Citigroup posted second-quarter results that benefited from a $1.1 billion boost from releasing reserves the bank had previously set aside for loan losses. Here’s how the bank did: Earnings: $2.85 a share, topping the $1.96 estimate of analysts surveyed by Refinitiv. Revenue: $17.47 billion, edging out the $17.2 billion estimate. While the bank managed to
Traders on the floor of the New York Stock Exchange. Source: NYSE U.S. stock futures were steady in overnight trading on Wednesday as investors readied for more corporate earnings and labor market data. Dow futures fell just 10 points. S&P 500 futures were flat and Nasdaq 100 futures gained only 0.04%. On Wednesday, the Dow
In this article CLNE CLOVW GME AMC The price of AMC Entertainment stock has been cut in half from its peak amid a big rout in meme stocks this month as the reality of bubble-like rallies and failing businesses started to become apparent for Reddit-obsessed investors. The movie theater chain’s stock tumbled about 13% to
One of the trends that has emerged during the COVID-19 pandemic is the growth in the number of new, young investors, spurred on by easy-to-use investment apps and developments such as stock slices – the ability to buy a piece of a high-priced stock as opposed to a whole share. ADVERTISEMENT They have entered the
Westend61 | Westend61 | Getty Images Medicare — the health insurance program relied on by most older Americans — would cover dental, vision and hearing under a budget agreement announced late Tuesday by Senate Democrats. The proposal for expanded coverage was included as part of a plan to spend $3.5 trillion over the next decade
Steeped in history and surrounded by 57 acres of woodlands lies a magnificent estate in New York known as Laurel Hill, one of Long Island’s rarest remaining Gold Coast estates. On the market for $18.5 million, the grand estate celebrating Tudor architecture is in the prestigious North Shore enclave of Mill Neck, New York. It’s
Have you ever considered living in a Caribbean tax haven, becoming a citizen, maybe even ditching your main passport? If you could implement such a plan without having to pay taxes and could do it quietly with appreciated crypto, wouldn’t that be alluring? Plan B Passport seems to think so. The company offers clients who
In this article OTLY In this photo illustration Oatly oat milk is shown on May 20, 2021 in Chicago, Illinois. Scott Olson | Getty Images Activist short seller Spruce Point Capital Management has accused Oatly of shady accounting practices and misleading consumers and investors about its sustainability practices. The firm, which has taken a short
In this article DAL A Delta Air Lines Boeing 737 approaching LAX for landing. Angel Di Bilio | iStock Editorial | Getty Images Delta Air Lines on Wednesday reported second-quarter revenue that topped Wall Street’s estimates and said both leisure and business travel bookings rose sharply after more than a year of pandemic lockdowns. The
In this article WFC Wells Fargo on Wednesday reported second-quarter earnings and revenue results that topped Wall Street’s expectations as it continued to release funds it had set aside during the Covid-19 pandemic to safeguard against widespread loan losses. Shares of the bank rose 2% shortly after the opening bell following the earnings announcement. Here’s
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., July 13, 2021. Brendan McDermid | Reuters Junk bonds aren’t so junky anymore, with a strong fundamental backdrop helping to underpin what traditionally has been one of the riskiest sections of the financial markets. Yields in the $10.6
SrdjanPav | E+ | Getty Images The national ban on evictions is scheduled to be lifted at the end of the month, yet just a sliver of the $45 billion in assistance allocated by Congress has gone out to renters behind on housing payments. The first round of rental aid was authorized by Congress in
This charming Engadine-style house in Bever, Switzerland, has been a year-round holiday home for the past three decades. Over the centuries uses have included a rectory, a farm, an artisan’s workshop and even the residence of a practitioner of mesmerism. Although the first record of the structure dates to 1762, its cellar walls go back
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
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
Traders on the floor of the New York Stock Exchange. Source: NYSE Earnings season begins with two major tailwinds: sky-high prices and soaring expectations. On paper, second-quarter earnings season looks like the mother of all earnings reports, with estimates having risen steadily for the past six months, from expected 45% growth in January to 65% growth
A used car dealership is seen in Laurel, Maryland on May 27, 2021, as many car dealerships across the country are running low on new vehicles as a computer chip shortage has caused production at many vehicle manufactures to nearly stop. Jim Watson | AFP | Getty Images Price increases in used cars, car rentals
- « Previous Page
- 1
- …
- 17
- 18
- 19
- 20
- 21
- …
- 32
- Next Page »