Whether it’s a currency or a titanic revolution, BTC is still a risk asset that will trade on emotional extremes.
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People without masks walk in Times Square on May 19, 2021 in New York City. John Smith | VIEW press | Corbis News | Getty Images The CDC’s new mask guidelines could actually increase the risk of spreading Covid-19 in public spaces and workplaces, scientists of a leading infectious disease group said Thursday. The CDC
In this article WOOF Shoppers wait in a line outside a Petco pet store in Hollywood, California, on April 23, 2020 during the novel coronavirus pandemic. Robyn Beck | AFP | Getty Images Petco Health and Wellness Company reported Thursday first-quarter earnings that outpaced Wall Street’s estimates as a surge in pet adoptions continues to
A woman wearing a face mask rides a scooter past the U.S. Federal Reserve in Washington, D.C., the United States, on Jan. 27, 2021. Lie Jie | Xinhua News Agency | Getty Images The Federal Reserve is moving forward in its efforts to develop its own digital currency, announcing Thursday that it will release a
Wheels Up is a new airline travel company co-founded by Bill Allard who stands in front of a new Beechcraft 350i King Air turbojet plane with only 30 hours on it. John Tlumacki | The Boston Globe | Getty Images Private jet company Wheels Up reported a 68% jump in first-quarter revenue and 56% increase
In this article AAPL GOOGL FB NFLX AMZN Google announced last week 60% of its workforce will work around three days a week in the office, 20% in new office locations, and 20% from home. David Paul Morris | Bloomberg | Bloomberg | Getty Images If 2020 taught us that we were all naïve about
Olga Kaya | iStock | Getty Images There are now more than 360 programs across the country providing money to renters who’ve fallen behind because of the coronavirus pandemic. The funds total more than $45 billion and have been allocated by Congress in the last two major stimulus packages in the hopes of clearing up
Treasury Secretary Janet Yellen speaks during a daily news briefing at the White House on May 7. Alex Wong | Getty Images President Joe Biden is calling for a crackdown on rich taxpayers who avoid tax by hiding a big chunk of their income from the IRS. Tax compliance is among the many ways Biden
Property taxes are an important source of revenue for local and state governments. In fiscal year (FY) 2018 (the most recent year of data available), property taxes generated 31.1 percent of total U.S. state and local tax collections and 71.7 percent of local tax collections. Local governments rely heavily on property taxes to fund schools, roads, police departments, and
In this article GOOGL California Governor Gavin Newsom speaks at the opening of the country’s first federal and state operated community vaccination site during the outbreak of the coronavirus disease (COVID-19) in Los Angeles, California, February 16, 2021. Mike Blake | Reuters California Governor Gavin Newsom pointed to a recent flood of tech IPOs and
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Thefts of cars and catalytic converters — a pricey and essential car part — surged in 2020, adding stress to consumers during an already-trying time. Law enforcement experts, insurance industry insiders, and even mechanics have all seen the spike effect their professions. In 2020, auto thefts increased 9.2% over 2019, according to a study by
In this article KSS Vehicles sit parked in front of a Kohl’s department store in Ashland, Ky. Luke Sharrett | Bloomberg | Getty Images Kohl’s on Thursday reported first-quarter earnings and sales that topped analysts’ estimates, and raised its outlook for the full year. Its stock jumped more than 1% in early trading. Here’s how
The Trade Republic app. Trade Republic LONDON — German stock-trading app Trade Republic said Thursday it raised $900 million in a huge funding round that values the start-up at $5.3 billion. The round, a Series C, was led by American venture capital firm Sequoia, with additional backing from new investors TCV and Thrive Capital. Existing
What’s a trip to Italy without exploring the vaulted passages of the Colosseum, skipping down the Spanish Steps and staring up in wonderous rapture at the Vatican’s Sistine Chapel? “Absolutely relaxing,” said Margherita Migliorini of Villa di Capannole, a luxury accommodation in the Tuscan countryside. Her family has owned the villa — which used to
Jamie Dimon, CEO, JP Morgan Chase, speaking at the Business Roundtable CEO Innovation Summit, December 6, 2018. Janhvi Bhojwani | CNBC JPMorgan Chase is going it alone. After the healthcare joint venture formed by Amazon, Berkshire Hathaway and the biggest U.S. bank by assets was disbanded earlier this year, the companies each vowed to continue
FG Trade | iStock | Getty Images Do you enjoy watching your nest egg grow? Depending on the type of account, the U.S. government probably does, too. That’s because if it’s a 401(k) plan or individual retirement account holding pre-tax contributions, the IRS expects to get a cut at some point. “All too often, investors
In this article DIN Rendering of a Flip’d by IHOP location Source: IHOP IHOP will launch its fast-casual spinoff, Flip’d by IHOP, in July — more than a year after initially planned. The Dine Brands chain first unveiled Flip’d in late 2019, positioning it as a way to win over consumers in busy urban areas.