For cryptocurrency investors in the U.S., life has gotten more difficult lately. The Securities and Exchange Commission filed lawsuits against the two largest crypto exchanges in June, both Coinbase and Binance, accusing them of selling unregistered securities. In response, Binance announced it would suspend deposits and withdrawals in U.S. dollars, becoming merely a crypto-to-crypto exchange.
Month: July 2023
An international tax advisor has been re-arrested and charged for his role in a conspiracy to engage in tax fraud for over seven years. Frank Butselaar, a citizen of the Netherlands, was charged with one count of conspiracy to defraud the U.S. and five counts of aiding and abetting the filing of false tax returns.
Ever since Lindsay Lohan announced her pregnancy in March 2023, fans have been anticipating her latest project, a baby boy with husband Bader Shammas. No one is more excited about this than Sara Adam Slywka, cofounder of Nestig, which recently collaborated on a line of ocean-themed nursery accessories with the actress. Slywka tells me, “Lindsay
In this article PEP KO KDP Follow your favorite stocksCREATE FREE ACCOUNT The World Health Organization’s cancer research arm, the International Agency for Research on Cancer, has conducted a safety review of aspartame. Steve Russell | Toronto Star | Getty Images The World Health Organization reaffirmed its recommended intake of aspartame Thursday, but the agency’s
In this article WFC Follow your favorite stocksCREATE FREE ACCOUNT Three Wells Fargo ATM’s on 14th street, New York City. Lindsey Nicholson | Universal Images Group | Getty Images Wells Fargo beat Wall Street estimates on the top and bottom lines for the second quarter, sending its stock higher in early trading Friday. Here is
Citigroup on Friday reported second-quarter earnings and revenue that topped expectations. Despite the beat, Citi’s revenue fell 1% from a year ago as the decline in markets and investment banking businesses weighed on its results. Citi said the uncertain macroenvironment and low volatility impacted client activity and market performance. related investing news Top bank analyst
The Powerball jackpot has reached $875 million by July 14, 2023. Scott Olson | Getty The Powerball jackpot rose to an estimated $875 million ahead of Saturday’s drawing, growing to the third-largest prize in the game’s history, the lottery announced. Of course, the estimated windfall is a pre-tax number based on 30 years of annual
Flooding victims anywhere in Vermont now have until Nov. 15, 2023, to file various individual and business tax returns and make tax payments. The IRS is offering relief to any area designated by the Federal Emergency Management Agency (FEMA), including postponing various tax-filing and tax-payment deadlines for any taxpayer with an address of record in
Nashville has long been known as the “Music City.” And for many, Austin also enjoys considerable cachet as an American music capital. But myriad other urban aspirants covet a reputation as up-and-coming meccas for music lovers. On this 111th anniversary of the birth of iconic “Dust Bowl Troubadour” Woody Guthrie, we train a white-hot spotlight
In this article LLY Follow your favorite stocksCREATE FREE ACCOUNT An Eli Lilly and Company pharmaceutical manufacturing plant is pictured in Branchburg, New Jersey, March 5, 2021. Mike Segar | Reuters Uninsured Americans pay nearly $98 on average for a vial of Eli Lilly‘s generic insulin, even after the company pledged to cut the product’s
In this article JPM Follow your favorite stocksCREATE FREE ACCOUNT Jamie Dimon, chairman and CEO of JPMorgan Chase, at the U.S. Capitol for a lunch meeting with the New Democrat Coalition in Washington, D.C., June 6, 2023. Nathan Howard | Bloomberg | Getty Images JPMorgan Chase is scheduled to report second-quarter results before the opening
President Joe Biden announces new actions on June 30, 2023 to protect borrowers after the Supreme Court struck down his student loan forgiveness plan. Chip Somodevilla | Getty Images President Joe Biden doesn’t want the Supreme Court to get the final word on student loan forgiveness. “This fight is not over,” the president said in
There’s one decision you can make—and commit to—that gives you the best shot at attaining financial independence. It’s not something everyone can do, but if you can, it’ll increase the odds you can more quickly find the off-ramp from rush hour to easy street. What is this Holy Grail of actions that can lead to
Two Tax Court decisions last month emphasize the wisdom of keeping separate accounts for your losing side gig. Donald Swanson had a charter fishing business. Susan & James Mercier played slots. In neither case were they able to establish that their activities were businesslike enough to avoid the curse of Section 183, commonly referred to
As intriguing locales go, odds are this one is a sure bet. Author Ian Fleming took his inspiration for the James Bond series from the part of neutral Portugal where he was stationed during World War II. Fleming, a British Naval Intelligence officer, took his inspiration from Estoril when stationed … [+] there during World
In this article WBD PARA CMCSA DIS Follow your favorite stocksCREATE FREE ACCOUNT Striking Writers Guild of America (WGA) members walk the picket line in front of Netflix offices as SAG-AFTRA union announced it had agreed to a ‘last-minute request’ by the Alliance of Motion Picture and Television Producers for federal mediation, but it refused
James Bullard, president and chief executive officer of the Federal Reserve Bank of St. Louis, delivers a speech in London, U.K., on Tuesday, Oct. 15, 2019. Luke MacGregor | Bloomberg | Getty Images The St. Louis Federal Reserve announced Thursday that Jim Bullard will step down from his post as president, effective Aug. 14. The
Social Security has likely touched your life or the life of someone you know. This safety net provides income for beneficiaries including retired and disabled workers, and their dependents. While you’re working, a chunk of your paycheck goes toward Social Security. When you’re retired, it’s often a key income stream. “It’s the biggest single source of
Jetcityimage | Istock | Getty Images As inflation falls, investors are weighing whether to buy or sell Series I bonds amid other competitive options for cash. Annual inflation rose by 3% in June, the smallest 12-month jump since March 2021, and a hefty pullback from 9.1% in June 2022, according to the U.S. Bureau of Labor
In this article GM F Follow your favorite stocksCREATE FREE ACCOUNT Ford Mustang Mach-E vehicles at a Ford dealership in Colma, California, on July 22, 2022. Bloomberg | Getty Images After a home, buying a car is the most expensive purchase most consumers will ever make during their lifetime. The transition to electric vehicles by
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