In this article V Follow your favorite stocksCREATE FREE ACCOUNT Visa payment cards laid out on a computer keyboard. Matt Cardy | Getty Images Visa is betting that crypto investors still want to spend their digital currencies, even as prices plummet this year. The payments giant is teaming up with global exchange FTX to offer
Month: October 2022
South Dakota has the highest percentage of renters behind on payments, at 26%, according to a new study. Pictured, Mount Rushmore National Monument. Photo by Mike Kline (notkalvin) Renters across the U.S. are feeling the sting of soaring inflation, rising housing costs and the end of the national eviction ban. Some 15% of American households,
Tempura | E+ | Getty Images The U.S. Department of Education has said its application for student loan forgiveness will go live in early October, suggesting it could be ready any day now. With legal challenges to President Joe Biden’s historic move to cancel up to $20,000 in debt for millions of Americans mounting, experts
The Justice Department recently announced an expansion of its Transnational Elder Fraud Strike Force to fight against financial abuse. We applaud its efforts. However, no matter what the expansion puts into better transnational law enforcement, the heart of the problem and the worst of elder financial exploitation does not come from international crime rings. It
The IRS already announced that it extended until 2/15 the tax deadlines for hurricane victims in Puerto Rico and then made a similar extension to both Carolinas. But how about those FBAR foreign account forms? The IRS enforces the law, but FBARs are handled by FinCEN, the Financial Crimes Enforcement Network. Fortunately, FinCEN announced that
It’s about time Warren Buffett caught a break. The Oracle of Omaha finds his Farnam Street abode located in the heart of one of the hottest real estate markets in the country, according to new data compiled by VeroForecast. The residential real estate forecaster predicts that home prices in the Big O will jump by
In this article ASTR Follow your favorite stocksCREATE FREE ACCOUNT A close up look at Astra’s LV0008 rocket at LC-46 in Cape Canaveral, Florida. John Kraus / Astra Embattled small rocket-builder Astra revealed Friday that it received a delisting warning from the Nasdaq after its stock spent 30 consecutive days below $1 per share, a violation
In this article AMD U AMBC LEVI Follow your favorite stocksCREATE FREE ACCOUNT Omar Marques | LightRocket | Getty Images Check out the companies making headlines in midday trading Friday. Ambac Financial Group – Shares of the municipal bond insurer shot up 15.7% on news of settlements with Bank of America that would bring Ambac
Kevin O’Leary just weighed in on Elon Musk’s controversial Twitter deal — and he’s siding with the world’s richest person. The “Shark Tank” investor told CNBC’s “Squawk Box” on Thursday that he predicts Musk’s $44 billion offer to acquire Twitter will go through — and that it’ll end up going in Musk’s favor. “I happen
A storefront in Ocean City, New Jersey, on Aug. 18, 2022. Photographer: Al Drago/Bloomberg via Getty Images Al Drago/Bloomberg via Getty Images Long-term unemployment declined again in September amid a continued strong labor market for job seekers. The number of Americans unemployed at least 27 weeks — the official barometer of long-term joblessness — fell
As you transition into retirement, you face many important decisions that will impact your quality of life for the rest of your life. The trouble is, many people ignore or put off these critical decisions, according to Disconnected: Perception vs. Reality in Retirement Planning, a recent study from the Stanford Center on Longevity (SCL). Most
Does Friday’s jobs report signal a looming recession? The Federal Reserve seems on course for further interest rate increases, even at the cost of higher and discriminatory increases in unemployment. And there’s nothing in the report that will likely move the Fed from its current path. Bureau of Labor Statistics (BLS) shows very little change
New York City is once again demonstrating its resiliency. Office workers are returning, the workforce is growing, tourists are back, lunch hour lines are forming outside eateries, and trains and buses are filling up. The first half of the year the city saw $22.1 billion in investment sales, slightly lower than the last six months
Sneaker and apparel maker Adidas said Thursday it is reviewing its relationship with the outspoken Kanye West. “After repeated efforts to privately resolve the situation, we have taken the decision to place the partnership under review. We will continue to co-manage the current product during this period,” the company said in a statement. Adidas announced
In this article BNB.CM= Follow your favorite stocksCREATE FREE ACCOUNT Binance is the world’s largest crypto exchange by trading volume. Jakub Porzycki | Nurphoto | Getty Images Cryptocurrency exchange Binance temporarily suspended its blockchain network after hackers made off with around $570 million worth of its BNB token. Binance said late Thursday a cross-chain bridge
JGI/Jamie Grill Cold, hard cash could be going by the wayside for many Americans when it comes to routine transactions like paying for groceries or gas. Even so, it’s still important to keep some cash in your wallet, experts say. The cashless economy trend is not necessarily new, but it is gaining momentum, according to
I will assess this question for a homeowner of 62 with a house now worth $400,000 who has no current need to draw funds from a HECM but wants the largest possible credit line looking ahead – say in 3 years. I will call this homeowner Prudent. The data used in answering this question are
The intention of Senate Finance Committee Chair Ron Wyden was clear in advocating for the excise tax on stock repurchases: to stop “mega-corporations” from using stock buybacks to “juice their stock prices and reward their executives and wealthiest investors through massive stock buybacks”. However, the legislation as it exists today may cast a larger net
Share to Facebook Share to Twitter Share to Linkedin Furnished apartment-rental startup Landing told employees today that it is restructuring and laying off 110 employees. In a note to staff that he shared with Forbes, founder and CEO Bill Smith said that as the company scaled, it moved increasingly to a “field-based operating model” that
An employee works on the production line of semiconductor wafer at a factory of Jiangsu Azure Corporation Cuoda Group. China has stepped up investment into its chip industry in a bid to be self-reliant in crucial technology needed for electric vehicles, smartphones and more. VCG | Visual China Group | Getty Images U.S.-China tensions have
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