Almost all of the bitcoin mining stocks tracked by The Block traded lower on Wednesday, and three firms saw double-digit declines. Bitcoin was trading at around $16,800 by market close, accordin...
Category: Finance
Live Finance News Updates.
Dear Tax Guy: Our accountant charged us $486 for a simple gift-tax return. Why on earth would it cost so much?
We gave our daughter money towards a down payment on a home and learned we had to file a gift tax return. Our accountant charged us $486 for this. Why can’t you just add a form to your regular tax ret...
Under 20% Of Americans Approve Of Trump’s Dinner With Nick Fuentes, New Poll Finds
Topline Less than a quarter of Americans from both parties approve of former President Donald Trump’s dinner with white supremacist Nick Fuentes, according to a new YouGov/Yahoo survey that also found...
Which Billionaire Owns The Most Land In The U.S.? Hint, It’s Not Bill Gates
Earlier this year, in May, claims were made that Microsoft Corp co-founder Bill Gates owned the majority of America’s farmland. While that is false, with the billionaire amassing nearly 270,000 acres ...
Pattie Boyd’s Extraordinary Life Captured In New Photo Book
LONDON, ENGLAND – OCTOBER 18: Pattie Boyd attends the launch of her new book “Pattie Boyd: My Life … [+] In Pictures” at The Lower Third on October 18, 2022 in London, England....
Feds have contacted former FTX employees as part of investigation
Federal law enforcement is in touch with former FTX employees as part of a criminal investigation into the failed exchange and its sister hedge fund Alameda Research. Two former FTX employees h...
Anthony Scaramucci Calls Out Chamath Palihapitiya On FTX Warning Signs, ‘We Can Pretend Otherwise, But None Of Us Really Knew’
While speaking at Benzinga’s Future of Crypto event, investments in and by FTX were discussed as one of the biggest topics impacting the cryptocurrency sector. Kevin O’Leary was an investor in FTX and...
Morgan Stanley recommends avoiding Airbnb stock for 2023
Airbnb Inc (NASDAQ: ABNB) has had a rather challenging 2022 and unfortunately, next year is unlikely to be a good one either – that’s according to a Morgan Stanley analyst. Airbnb stock will continue ...
Josh Bell Will Add An Entirely New Dimension To The Cleveland Guardians
Flushing, N.Y.: San Diego Padres Josh Bell celebrates scoring in the 2nd inning of his game against … [+] the New York Mets at Citi Field on the evening of October 9, 2022. Today is game three o...
Comcast Customers Are Not Going to Like This
Cable companies like Comcast (CMCSA) – Get Free Report and Charter Communications (CHTR) – Get Free Report began their business lives as monopolies by contract. In exchange for building ou...
Other Pilots Want Multiple Contract Improvements. Jet Blue Pilots, Facing Merger, Just Want More Pay
JetBlue ALPA leaders met Wednesday at the New York Marriott Downtown. Chris Kenney is front row … [+] center. Wayne Scales is behind Kenney, to his left. JetBlue ALPA Nearly every U.S. pilot gro...
China’s Zero-Covid Policy Succeeded—Until It Didn’t. Here’s What Went Wrong And What Experts Think Could Happen Next.
Topline China announced it was relaxing some of its strictest Covid restrictions on Wednesday, a major policy shift that suggests Beijing is preparing to abandon its zero-Covid strategy in favor of le...
Carvana stock collapses amid bankruptcy fears
Carvana (CVNA) shares were spiraling early Wednesday after the online car retailer’s biggest creditors reportedly signed an agreement to cooperate in potential restructuring negotiations as the compan...
Adobe Reportedly Cutting 100 Employees While Plaid Axes 260
Plaid became the latest U.S. tech startup to conduct a massive round of layoffs on Wednesday, just as Adobe reportedly started laying off its staff—as employers fear high inflation could slide the eco...
Fintech firm Plaid lays off 260 employees
Plaid, a firm that connects banks and fintech firms, laid off about 260 employees as it grapples with the slowing economy. “The simple reality is that due to these macroeconomic changes, ...
Damn The Torpedoes, America’s Billionaire Investors Go Full Speed Ahead On China
China has been called “uninvestable,” but billionaires continue to bet on the “Chinese miracle.” GETTY IMAGES 2022 VCG Billionaire Ray Dalio has managed money for Chinese clien...
Coinbase’s Armstrong expects revenue to fall 50% or more, he tells Bloomberg
Coinbase CEO Brian Armstrong said the crypto exchange’s revenue this year will likely be cut in half or more from 2021’s sales number, blaming the state of the industry and shaken investor...
Carvana stock crashed another 45% on Wednesday: here’s why
Shares of Carvana Co (NYSE: CVNA) crashed as much as 45% this morning as growing concerns related to bankruptcy weighed on the stock price. Carvana stock could eventually be ‘worthless’ On Wednesday, ...
‘Yields last seen in 2009.’ Here’s what you should be earning on a savings account now, but probably aren’t
What savings accounts are paying Getty Images While the average savings account is still paying a mediocre rate (see below), some high-yield savings accounts are now paying more than they have in a de...
‘Wednesday’ Is Netflix’s Third Most-Watched English Show In Just Two Weeks, Aiming For #1
Wednesday Netflix Netflix may have its peaks and valleys, but 2022 is definitely a peak in many ways, at least in terms of how its series are performing. Netflix has stumbled upon another unlikely meg...
Venture Capitalist Kevin O’Leary Says He Plans To Recover Lost Funds From FTX Collapse After Full Investigation
Shark Tank star Kevin O’Leary says that he has plans to recover the funds he lost from collapsed crypto exchange FTX. In a new interview with Yahoo Finance, O’Leary says that FTX should undergo a full...
Cubs Step Up To Add Taillon Despite Booming Market, Broad Interest
NEW YORK, NY – JUNE 05: Pitcher Jameson Taillon #50 of the New York Yankees delivers a pitch against … [+] the Boston Red Sox during the first inning of a game at Yankee Stadium on June 5,...
Cathie Wood says the better historical parallel for the current high inflation environment is World War I, not the 1970s
Ark Invest CEO Cathie Wood says investors are looking at the wrong historical period in making comparisons with the current high inflation environment. “If you go back to the 19-teens, then the period...
Why Is Blockstream Raising Funds at Lower Valuation?
Earlier this year, Blockstream collaborated with two global giants for mining betterment. Since the last couple of months, the crypto market has been struggling hard, and whenever the market tries to...
Founder Jack Dorsey Urges Musk To Release ‘Everything Without Filter’
Topline Twitter’s co-founder and former CEO Jack Dorsey urged Elon Musk to release “without filter” Twitter’s internal communications about moderation decisions relating to a r...
HUMAN Protocol partners with Salk Institute on machine learning initiatives
Digital machine learning platform (ML) HUMAN Protocol has partnered with a nonprofit research institute, The Salk Institute for Biological Studies. The partnership seeks support for creating and impro...
Can you still retire on $1 million? That’s what today’s millionaires want to know.
OK, so a million dollars isn’t what it used to be. That’s the worry among a surprising number of America’s millionaires. So, at least, reports money-management giant Natixis, which owns bond shop Loom...