Cryptocurrency exchange Coinbase on Thursday filed to become a public company and revealed that its revenue more than doubled last year. According to the filing, Coinbase had net revenue of $1.14 billion in 2020, up from $483 million the previous year. The company also reported net income of $322 million for the year after posting
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Bill Clark | CQ-Roll Call, Inc. | Getty Images A Covid relief bill backed by Democrats could trigger billions of dollars in cuts to Medicare and other federal programs, like ones that support unemployed workers and student-loan borrowers, if it’s ultimately passed. The funding cuts would take effect in 2022 and last for several years.
NEW YORK, USA – JANUARY 18: Thomas DiNapoli, New York State Comptroller speaks during Martin Luther … [+] King Day celebration at National Action Network headquarters, in New York, United States on January 18, 2021. (Photo by Lev Radin/Anadolu Agency via Getty Images) Anadolu Agency via Getty Images In late January, the Washington Post reported:
Protective face mask and tax income documents for 2020. Concept for personal finances during … [+] Coronavirus pandemic getty Divorced and never married co-parents have the chance to pick up an extra $1,100 per dependent child when they file their 2020 returns. It requires trust, cooperation and running multiple versions of their 2020 returns. It is probably
Big Sky Montana ranks number one on Vacasa’s list getty The 10 best places to buy a winter vacation home according to Vacasa. It’s been one tough winter across the country from record-breaking cold to record snowfalls. Some people think beach and warm weather for a winter vacation second home. Others look to ski resorts
An employee walks past a quilt displaying Etsy signage at the company’s headquarters in Brooklyn, New York. Victor J. Blue | Bloomberg | Getty Images Etsy reported better-than-expected fourth-quarter results after the bell on Thursday, including soaring profits and 129% revenue growth. The stock rose more than 8% in extended trading following the report. Here’s
United Airlines passengers wait in the boarding area for their flights at Denver International Airport in Denver, Colorado. Robert Alexander | Getty Images United Airlines‘ latest ski destinations will be accessible by bus. The Chicago-based airline on March 11 will start offering three-times-a-day bus service from its Denver International Airport hub to Breckenridge, Colorado and
The logo of Swedish payment provider Klarna is shown on the display of a smartphone on April 22, 2020 in Berlin, Germany. Thomas Trutschel | Photothek | Getty Images LONDON — Klarna is close to finalizing a $1 billion funding round that would give the Swedish fintech company a valuation of $31 billion, two people
A sign outside of a facility occupied by TreeHouse Foods in Brantford, Ontario, Canada. Kristoffer Tripplaar | SIPA USA | AP Company: TreeHouse Foods Inc. (THS) TreeHouse Foods Inc. of Oak Brook, Illinois manufactures consumer packaged food and beverages, including a range of shelf-stable, refrigerated, fresh and frozen products. Its product categories include beverages, salad
Stony Brook, N.Y. First day of the 2020 fall semester at Stony Brook University. Newsday LLC | Newsday | Getty Images Some of the most selective colleges and universities are seeing a surge in applications for incoming freshmen this fall. Yet other schools are struggling. That may present an opportunity for families to try to
UNITED STATES – FEBRUARY 25: Activists call on Congress to pass the $15 federal minimum wage hike. … [+] But Republican opposition and Senate rulings make it unlikely in Biden’s relief package. (Photo By Bill Clark/CQ-Roll Call, Inc via Getty Images) CQ-Roll Call, Inc via Getty Images Bad news this week for low income workers. This
LIRP Life insurance retirement plan and glasses. getty If you are contemplating purchasing a new life insurance policy, be sure to discuss the use of an irrevocable life insurance trust (known as an ILIT) with your advisors before you purchase the policy. An ILIT is an irrevocable trust that you create to hold a life
Decorating your first apartment? Here’s everything you need to know. Sidekix Media on Unsplash Buying furniture for a first apartment or home can feel stressful because it involves a great amount of decision-making. It’s also a challenge because there are so many major purchases to make, often with a budget in mind. And while it’s
Johnson & Johnson board member Dr. Mark McClellan says the company expects 20 million doses delivered by the end of March as the U.S. becomes one step away from adding a third safe and effective vaccine to its arsenal. “There is going to be a ramp-up period, so 4 million doses expected next week, going
Warren Buffett Gerard Miller | CNBC This is breaking news. Please check back for updates. Warren Buffett, the 90-year-old “Oracle of Omaha,” remains a firm believer in the American dream, saying in his closely watched annual shareholder letter to “never bet against America.” “In its brief 232 years of existence … there has been no
Beyond Meat “Beyond Burger” patties made from plant-based substitutes for meat products sit on a shelf for sale in New York City. Angela Weiss | AFP | Getty Images Beyond Meat on Thursday announced that it has struck deals with fast-food giants McDonald’s and Yum Brands, but shares fell on a disappointing earnings report. The
Warren Buffett during an interview with CNBC’s Becky Quick on February 24, 2020. It turned out to be another year during which the billionaire investor shied away from game-changing acquisitions in a pricey market even after a sudden market cash and as his company holds a massive cash balance. Gerald Miller | CNBC As the
Al Drago | Getty Images News | Getty Images Unemployment benefits extended Those programs include Pandemic Unemployment Assistance for self-employed, gig and other workers who don’t qualify for state-level assistance; and Pandemic Emergency Unemployment Compensation, which pays extra weeks of state benefits to the long-term unemployed. The bill would offer PUA recipients a maximum 74
getty You’ve seen and heard it all before. You’ve probably even joined in. How many times have you made fun of organizations that give participation trophies to everyone just to avoid damaging the fragile egos of those who didn’t win? If you’re like many people, this cavalier dismissal of merit and achievement makes you shake
Calculating taxes in filing season 2021 may come with some surprises. getty Taxpayers who received unemployment benefits in 2020 are facing an unexpected reckoning in the 2021 filing season. Many are just now becoming aware that income from unemployment is taxable and that while states typically withhold for federal income taxes, most do not withhold