Take a look at some of the biggest movers in the premarket: MicroStrategy (MSTR) – MicroStrategy shares tumbled 8.7% in premarket trading amid a slide in bitcoin prices following the expansion of China’s crackdown on bitcoin mining. The business analytics company is among the biggest corporate investors in bitcoin, with several billion dollars in holdings
Oliver Contreras/Sipa/Bloomberg via Getty Images The U.S. would tax capital gains and dividends for the rich at among the highest rates in the developed world if President Joe Biden’s proposal were enacted. The top rate high-earning Americans pay on dividends and the sale of appreciated assets would jump to nearly 49%, when combining all federal
CNBC’s Jim Cramer said Monday he’s offloaded most of his bitcoin holdings, expressing concerns around the recent crackdown on crypto mining by the Chinese government and bitcoin’s role in some ransomware attacks. “Sold almost all of my bitcoin. Don’t need it,” Cramer said on “Squawk on the Street,” more than two months after he first
LaylaBird There could be one more big bump in the road as the economy recovers from the Covid-19 pandemic: a market correction. Moody’s Analytics economist Mark Zandi is warning there may be a 10% to 20% pullback in the markets prompted by the Federal Reserve’s current policies. In fact, the dip may have already started,
Notre Dame Quarterback Brandon Wimbush (7) runs with the ball under pressure from University of Miami Hurricanes Defensive Lineman Trent Harris (33) during the college football game between the Notre Dame Fighting Irish and the University of Miami Hurricanes on November 11, 2017 at the Hard Rock Stadium in Miami Gardens, Florida. Icon Sportswire |
Resident works with desk top computers and laptops at Google Inc.’s tech campus at East London’s Tech City. Bloomberg | Bloomberg | Getty Images LONDON — Google is closing its dedicated start-up space in London known as Campus. The Silicon Valley tech giant announced on Monday that it has decided “not to reopen” Campus in
A medical worker receives the Covid-19 vaccine at the First Affiliated Hospital of Sun Yat-sen University on April 7, 2021 in Guangzhou, Guangdong Province of China. Southern Visual | Visual China Group | Getty Images GUANGZHOU, China — China has administered more than a billion doses of its Covid-19 vaccines, a key milestone in the
A worker pours wine at a winery in Yinchuan, Ningxia Hui Autonomous Region in 2015. GOH CHAI HIN | AFP | Getty Images BEIJING — Fresh off a surge in wine exports and a visit from President Xi Jinping last year, China wants to turn its primary wine-producing region of Ningxia into one that rivals
In this article CCL H With more workers now returning to offices, it won’t be long until business travel also resumes, according to Hyatt Hotels CEO Mark Hoplamazian. “We are already seeing the signs of people starting to travel for work in a more affirmative way, a more significant way,” Hoplamazian said in an interview
In this article Traders on the floor of the New York Stock Exchange, June 18, 2021. Source: NYSE Stock futures dipped slightly on Sunday to kick off a new week of trading after the Dow posted its worst week since October. Futures on the Dow Jones Industrial Average fell 66 points, or 0.20%. S&P 500
Peter Cade | Getty Images Many people know about their 401(k) perks, but their plan may have a hidden feature that allows for even more savings. When someone maxes out their 401(k) — $19,500 in annual contributions for those under 50 in 2021 — some plans may permit them to stash more money into their
Six months after the approval of the digital services tax (DST), the Spanish government has finally published regulatory guidelines to implement it. The first digital services tax draft bill was published by the Spanish Council of Ministers in October 2019; in October 2020 an identical draft was published and adopted. Although the digital services tax took effect
Procter & Gamble celebrates Pride with branded trikes and employees in the World Pride Parade on June 30, 2019 in New York City. Bryan Bedder | Getty Images More than ever, brands are signaling support for the LGBTQ+ community during Pride month. But experts say that true support has to come from more than a
Stewie the Yorkie Chihuahua is seen outside the New York Stock Exchange ahead of the IPO for Chewy Inc., June 14, 2019. Andrew Kelly | Reuters Given the current financial landscape, how can investors spot compelling plays? One strategy is to look for stocks that boast strong upside potential through 2021 and beyond. The names
Image Source | Getty Images It’s not uncommon to want to return to work after retiring. Whether for financial reasons or personal fulfillment, many older Americans find that retirement isn’t working for them. Yet before you make the leap, it’s worth considering how that extra income could affect other parts of your financial life. Of
In this article COST KR WMT AMZN TGT Customers shop in the grocery area at a Target Corp. store in Chicago, Illinois, U.S., on Saturday, Nov. 16, 2019. Daniel Acker | Bloomberg | Getty Images Electronics, toys and food? As Target kicks off a rival sales event to go head-to-head with Amazon Prime Day, the
Traders working at the New York Stock Exchange (NYSE), on May 19, 2021. NYSE U.S. stock futures inched up slightly on Thursday night, following a two-day sell-off for the Dow in the wake of the Federal Reserve’s policy update. Futures for the Dow Jones Industrial Average were up 0.01%. Futures for the S&P 500 ticked
Tom Werner | DigitalVision | Getty Images Retailers are making it easier than ever to make purchases with “buy now, pay later” loans. Also known as point-of-sale installment loans, they are a type of short-term financing that allow you to divide your purchases into monthly installments. Services that offer them, like Affirm, Klarna, Afterpay and
A 2021 Jeep Grand Cherokee L scales a rocky hill at Stellantis’ Chelsea Proving Grounds in Michigan. Michael Wayland / CNBC CHELSEA, Mich. – Jim Morrison smiles as he hears the piercing noise of rocks scraping the undercarriage of the Jeep he’s driving. “The most important thing for us at Jeep is to prove our
The Klarna logo displayed on a smartphone. Rafael Henrique | SOPA Images | LightRocket via Getty Images LONDON — Europe’s tech sector has already attracted more venture capital investment so far this year than it did throughout the whole of 2020, according to data shared with CNBC. Start-ups in the continent have raised a whopping