Month: January 2023

In this article SI Follow your favorite stocksCREATE FREE ACCOUNT Cryptocurrencies have been under immense pressure after the collapse of a so-called stablecoin called terraUSD. Umit Turhan Coskun | Nurphoto via Getty Images Silvergate Capital jumped on Tuesday afternoon after BlackRock reported a 7% stake in the crypto bank.  Shares of Silvergate rose 9.96% after
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Portugal is the number-one destination in Europe for ease of residency. The Portuguese government is eager for foreign investment, offering a wide range of residency visa options designed to attract different types of people. It’s innovative and adaptable, introducing new visa options like its Digital Nomad Visa, launched in October 2022, in response to changing
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Tax Notes Capitol Hill reporter Doug Sword discusses the latest national sales tax proposal in Congress, and contributing editor Robert Goulder shares his thoughts on the challenges of implementing the tax. 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
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In this article PFE Follow your favorite stocksCREATE FREE ACCOUNT Empty vials of Pfizer-BioNTech coronavirus disease (COVID-19) children’s vaccines are pictured at Skippack Pharmacy in Schwenksville, Pennsylvania, U.S., May 19, 2022.  Hannah Beier | Reuters The ongoing Covid-19 pandemic propelled pharmaceutical company Pfizer’s earnings to a record $100 billion last year, almost $57 billion of
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In this article SPOT Follow your favorite stocksCREATE FREE ACCOUNT People exit the Spotify headquarters building in Lower Manhattan on January 23, 2023 in New York City. Eduardo MunozAlvarez | View Press | Corbis News | Getty Images Spotify shares popped as much as 10% Tuesday after the company reported fourth-quarter earnings that beat analysts’ expectations
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Households of color often find themselves in a tighter financial bind than is the case for white households. Black, Latino, many Asian households as well as households of other and multiple races and ethnicities tend to have fewer savings, while they face greater financial risks from unemployment, health emergencies, and widespread discrimination, among others. Squeezed
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The idea of a wealth tax as a panacea for budgetary shortfalls at the federal and state levels has been around since at least the 1930s. Recently, using wealth as a source of tax revenues has heated up. Starting with the 2020 Presidential campaign, Senator Bernie Sanders, Senator Elizabeth Warren and others floated the idea
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In this article GM Follow your favorite stocksCREATE FREE ACCOUNT Mary Barra, CEO, GM at the NYSE, November 17, 2022. Source: NYSE DETROIT — General Motors is set to report its fourth-quarter earnings before the bell Tuesday. Here’s what Wall Street is expecting, according to Refinitiv consensus estimates: Adjusted earnings per share: $1.69 Revenue: $40.65
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Speaker of the House Kevin McCarthy, R-Calif., conducts a news conference in the U.S. Capitol’s Statuary Hall on Thursday, January 12, 2023. Tom Williams | CQ-Roll Call, Inc. | Getty Images Social Security and Medicare should be “completely off the table” when it comes to debt ceiling negotiations, House Speaker Kevin McCarthy said in a
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Thanks to some positive feedback on my recent piece, I have decided to dig deeper into the Fair Tax Act of 2023. The Reader’s Digest version of the act is that it eliminates federal corporate and individual income tax, payroll taxes that fund Social Security and Medicare, estate tax and gift tax. In their place
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The Montecito mansion where Prince Harry and Meghan Markle filmed much of their Netflix documentary Harry & Meghan is on the market at $33.5 million. Fit for royalty, the Mediterranean-style, six-bedroom home with 13,599 square feet includes ocean and mountain views, multiple terraces and a regal great room chandelier and arched windows – where Meghan
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