In this article BTC.CM= FTT.CM= COIN Follow your favorite stocksCREATE FREE ACCOUNT The Securities and Exchange Commission on Thursday charged crypto firms Genesis and Gemini with allegedly selling unregistered securities in connection with a high-yield product offered to depositors. Gemini, a crypto exchange, and Genesis, a crypto lender, partnered in February 2021 on a Gemini
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Handbags displayed in a Chanel SA store window at the Avenuel department store, operated by Lotte Shopping Co Ltd., in Seoul, South Korea, on Tuesday, Dec. 14, 2021. SeongJoon Cho | Bloomberg | Getty Images Whether it’s calf-leather Italian Prada bags or classic, checkered British Burberry trench coats, South Koreans are the world’s biggest spenders
Hobo_018 | E+ | Getty Images New government inflation data shows the measurement used to calculate Social Security annual cost-of-living adjustments was up 6.3% for the past 12 months as of December. That’s as this year’s 8.7% COLA kicks in for more than 65 million Social Security beneficiaries this month. That new data indicates Social
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In this article DIS Follow your favorite stocksCREATE FREE ACCOUNT Bob Iger, chief executive officer of The Walt Disney Co. Patrick T. Fallon | Bloomberg | Getty Images Activist investor Nelson Peltz spent about 30 minutes Thursday morning speaking with CNBC’s Jim Cramer and David Faber in a wide-ranging interview about why he wants a
In this article AAL Follow your favorite stocksCREATE FREE ACCOUNT American Airlines shares were up more than 8% in afternoon trading on Thursday after the carrier hiked its revenue and profit estimates for the fourth quarter thanks to strong demand and high fares. Other airlines’ shares also rallied. American said in a securities filing it
Los Angeles, CaliforniaJan. 11, 2023Flights prepare to take off at LAX on Jan. 11, 2023 after an FAA computer problem. Carolyn Cole | Los Angeles Times | Getty Images Check out the companies making headlines in midday trading. Cognizant — Shares of Cognizant rose 8% after the IT company raised its fourth-quarter revenue guidance. It
Porsche shares rose in their stock market debut Thursday, in one of the biggest public offerings in Europe ever. Bloomberg | Getty Images Porsche managed to increase its global deliveries last year by 2.6% despite worldwide supply chain issues that crippled other carmakers as well as sales of its first all-electric car. The German sports
Kentaroo Tryman | Maskot | Getty Images The inflation rate declined in December as consumers saw prices plummet at the gasoline pump, providing another hopeful sign for households that price pressures are continuing to ease from their highest level in decades. Inflation closed out 2022 with a 6.5% annual reading, as measured by the consumer
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If you engaged in crypto trading in 2022, it’s possible you could receive Form 1099-K this year. But what is this form telling you, and what should you do with it? Let’s break it down together. To make virtual currency trading more user-friendly, crypto exchanges (like Coinbase, Gemini, Kraken, etc.) have enabled their users to
Travelers as flights are cancelled at Ronald Reagan National Airport (DCA) in Arlington, Virginia, US, on Wednesday, Jan. 11, 2023. Nathan Howard | Bloomberg | Getty Images Air travel disruptions eased on Thursday, a day after a severe pilot safety-alert system failure sparked the delay of close to half of U.S. flights. The Federal Aviation
In this article BTC.CM= Follow your favorite stocksCREATE FREE ACCOUNT Cemile Bingol | Digitalvision Vectors | Getty Images Bitcoin on Thursday surged to its highest price in nearly a month, as traders bet on a U.S. inflation cooldown and digested news that lawyers for defunct crypto exchange FTX found billions of dollars’ worth of assets.
Valentinrussanov | E+ | Getty Images The Biden administration rolled out a new proposal this week to dramatically lower monthly payments for some federal student loan borrowers. If and when the overhauled income-driven repayment plan becomes available, some people could see their bills decrease by as much as a half, according to the U.S. Department
In light of China’s reopening and easing of Covid rules, Hong Kong’s property market will be on a path to recovery in 2023, according to property consultancy Colliers Hong Kong. The retail market in particular will reap the “best benefit,” Hannah Jeong, Colliers’ head of valuation and advisory services, told CNBC’s “Squawk Box Asia” on
In this article NKE DIS Follow your favorite stocksCREATE FREE ACCOUNT The Walt Disney Company on Wednesday afternoon said it opposes activist investor Nelson Peltz’s attempt to join its board. Disney also named Mark Parker, the executive chairman of Nike, its next chairman. Peltz’s Trian Fund Management confirmed later it had nominated Peltz to Disney’s
In this article FTT.CM= BTC.CM= Follow your favorite stocksCREATE FREE ACCOUNT Tyler Winklevoss, chief executive officer and co-founder of Gemini Trust Co., left, and Cameron Winklevoss, president and co-founder of Gemini Trust Co., speak during the Bitcoin 2021 conference in Miami, Florida, U.S., on Friday, June 4, 2021. Eva Marie Uzcategui | Bloomberg | Getty
Mark Cuban says he’d be just as happy today without as much as 99% of his estimated $4.6 billion fortune. In an interview with CBS’s “Sunday Morning” on Sunday, the 64-year-old owner of the NBA’s Dallas Mavericks was adamant that he doesn’t need his billions. When asked if he’d be happy with “1% of what
Tim Robberts | Digitalvision | Getty Images Starting this month, more than 65 million Social Security beneficiaries will receive benefit checks that include a record-breaking 8.7% cost-of-living adjustment. Social Security benefits are slated to increase by more than $140 per month on average, according to the Social Security Administration. related investing news 2023 will be
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