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Birdies shoes sold out in late 2020, leaving the company unable to meet the year-end demand. Source: Bianca Gates As women across the country ditched their heels during the pandemic, shoe company Birdies thrived. The direct-to-consumer brand touts itself as a “stylish flat that’s secretly a slipper.” The result: 300% year-over-year growth in April 2021.
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Economic forecasts predicting the potential impact of climate change have grossly underestimated the reality and delayed global recovery efforts by decades, according to a leading professor. Mainstream economists “deliberately and completely” ignored scientific data and instead “made up their own numbers” to suit their market models, Steve Keen, a fellow at University College London’s Institute
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Phishing and the season’s latest scams; FBAR whistleblowing returns; best sales-tax questions; and other highlights from our favorite tax bloggers. The fun’s back in ‘refund’ Don’t Mess with Taxes (http://dontmesswithtaxes.typepad.com/): The good word on processing returns — and the even better news about refunds — from the Office of Management and Budget, leaked first by
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Ben Rains looks at the market’s movement and fundamentals over the last several weeks. The episode then explores two highly-ranked stocks that fit under the broader technology umbrella, Micron (MU) and Align Technology (ALGN), to see if investors might want to consider buying them on the dip amid the recent selling. (0:45) – Market Update:
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If policymakers wanted companies to pay a minimum level of tax regardless of where they earn profits around the world, what would be the best way to achieve that? One idea that has been proposed by the Biden administration and other governments has been a global minimum tax calculated for each country where a business
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Nobel prize-winning economist Robert Shiller is worried a bubble is forming in some of the market’s hottest trades. He’s notably concerned about housing, stocks and cryptocurrencies, where he sees a “wild west” mentality among investors. “I haven’t done that in print. I’ve been saying that,” the Yale University professor told CNBC’s “Trading Nation” on Friday.
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