Figuring out the most efficient way to navigate the tax impact of inheriting individual retirement accounts has become more complicated since the Internal Revenue Service issued proposed new rules in ...
Category: Finance
Live Finance News Updates.
Open Loot Announces partnership with Hit Factor’s War Park
San Diego, CA, 1st August, 2022, Chainwire OPEN LOOT Ltd (OL) by BIG TIME Studios (LTD) is excited to announce one of our first partners, HIT FACTOR Ltd. (HF), as they unveil their newest game, War Pa...
Alibaba Vows to Stay on Wall Street After SEC Threatens Delisting
Alibaba Group Holding (BABA) and HK:9988 says it will “strive” to maintain its U.S. listing, after the e-commerce provider was added to a U.S. watchlist that could result in it being boote...
Why Faze Clan’s $725 Million IPO Could Revive Sluggish SPAC Market
LOS ANGELES, CALIFORNIA – DECEMBER 16: Offset of Migos attends his Offset X FaZe Clan Launch at the … [+] FaZe Clan Pop-Up on December 16, 2019 in Los Angeles, California. (Photo by Jerrit...
Japan’s central bank shelves plans for CBDC due to a lack of public interest
Despite testing the technical feasibility of the issuance of a central bank digital currency (CBDC) since 2021, and starting the second phase of the experimentation in April, Japan’s central bank has ...
Ripple Unlocks 1 Billion Tokens From Its Escrow Wallet as prices of XRP are Red
Ripple released its XRP tokens with the help of two escrow wallets. The co-founder of Ripple, Jed McCaleb, sold his XRP tokens in the first half of July 2022. Ripple is a blockchain paymen...
Katy Perry & Morgan McLachlan On Securing $4M In ‘De Soi’ Funding, Offer Advice To Other Female Entrepreneurs
De Soi co-founders Katy Perry and Morgan McLachlan at their launch event in Los Angeles on July 28. Jennifer Johnson/Shutterstock Katy Perry is no stranger to knowing how to draw a crowd, but over the...
Mainland Markets Shake It Off, Hong Kong Holds Up
China Last Night KraneShares Key News Asian equities had a positive start to the week except for Taiwan, which was off a touch. Mainland China media is reporting Nancy Pelosi is likely to visit Taiwan...
Royal Caribbean to offer $900 million in convertible bonds due 2025
Royal Caribbean Group RCL, -8.93% said Monday it has commenced a private offering of $900 million of senior convertible bonds that mature in 2025. The company said it would grant the initial purchaser...
Kansas City Chiefs Newcomer JuJu Smith-Schuster Has Impressed Early In Camp
Kansas City Chiefs wide receiver JuJu Smith-Schuster, who catches a pass during minicamp on June 15, … [+] 2022, has a had strong start to training camp. (Photo by Scott Winters/Icon Sportswire ...
Stocks Take A Breather After Market’s Best Month Since 2020
Topline The stock market fell on Monday despite recently posting its best month since 2020, as investors continue to worry about a potential slowdown in corporate earnings, more rate hikes from the Fe...
EVO Payments stock is up 20% on Monday: here’s the catalyst
Shares of EVO Payments Inc (NASDAQ: EVOP) are up more than 20% on Monday after Global Payments Inc (NYSE: GPN) said it will buy the Atlanta-headquartered fintech for $4.0 billion in cash. EVO Payments...
The SEC’s Climate Proposal Sets Table For Netherlands-Style Farm Crisis In The U.S.
Farmers in The Netherlands are protesting its government push to remake traditional farms. Call it … [+] ESG policy run amok. Protests have spread to other countries now. Could this happen here?...
CPI is undercooking inflation – Interview w/ Truflation
There is arguably no bigger issue facing today’s economy than the rampant inflation we are seeing across the globe. US inflation hit a 40-year high of 9.1% according to the most recent CPI reading. Ac...
Big Oil Could Pay Up to $25 Billion in New Taxes Under Dems’ Inflation Bill
Text size An oil pumpjack Spencer Platt/Getty Images Oil stocks were poised to open lower Monday as investors reacted to the news that the Democrats’ climate change measure could cost oil companies, b...
Less Waste And Better Care
President Lyndon B. Johnson signs the Medicare bill as Vice President Humphrey and Harry S. Truman … [+] both check the time. Bettmann Archive This Saturday, July 30, marked 57 years since Presi...
Over 16,000 people sign a petition calling for SEC Chairman’s resignation
Gary Gensler, the chairman of the Securities and Exchange Commission (SEC), has come under fire for his crypto stance and regulatory practices and for aggressively asserting control over cryptocurrenc...
Target hit with ‘drastic’ cut from Jefferies for 4 reasons
Target stock could stay in the penalty box as the retailer aggressively sells slow-moving inventory and industry discounting picks up amid the economic slowdown, Jefferies analyst Stephanie Wissink wa...
AI Ethics Fuming About The Rising Hot Potato Syndrome Being Employed By AI Makers Seemingly Trying To Avoid Accountability For Their Life-Deciding Autonomous Systems
Concerns about insidious trickery by some AI makers that places humans on the losing end when it … [+] comes to the AI Hot Potato Syndrome. getty We all know that you are supposed to make sure t...
Do Preferreds Still Deserve Preferred Status?
Book with page about preferred stock. Trading concept. Getty Boring is perfect when we’re talking retirement investing. We’ll let others take the S&P 500’s sad 1.7% yield and frequent mood swings....
‘This is a time for a bit of austerity’
Intel CEO Pat Gelsinger has tasked his team with finding new cost savings as the chip giant tries to battle back from a challenging second quarter while also rebuilding the company for the future. ...
Former CFTC Chair Showed Concerns on European Union’s MiCA Bill
Markets in Crypto Assets Bill of the EU is considered to be around crypto markets and hence creates concerns. Crypto Regulations are one among several perennial concerns of people within crypto ...
Manchin-Schumer Compromise Is A Watershed Moment For U.S. Energy
WASHINGTON, DC – JULY 20: Sen. Joe Manchin (D-WV) talks to reporters as he leaves the the Senate … [+] Democrats weekly policy luncheon at the U.S. Capitol on July 20, 2021 in Washington, ...
Nikola snags battery production company
On August 1, Nikola Corporation (NASDAQ: NKLA) and Romeo Power Inc. (NYSE: RMO) announced that they had finalized an agreement, in which Nikola will acquire Romeo. While Nikola touts itself as the lea...
Don’t slip into a recession doom spiral — focus on these 5 things ‘within our control’
Don’t slip into a recession doom spiral — focus on these 5 things ‘within our control’ With doom and gloom headlines coming out every day about rising interest rates and a likely recession, you’...
Tether is in Full Support of ‘The Merge’
Tether has introduced plans of providing support to ETH 2.0. ETH 2.0 is being supported despite the widespread predictions regarding Merge getting delayed again. According to the survey, around 33% of...
VeChain (VET) Needs a Significant Breakout to Breach the $0.0288 Mark!
The core application of the VeChain token and its parent blockchain, VeChain Thor, has been towards the supply chain industry. This industry hasn’t witnessed any substantial transformation over the ye...
Westworld’s James Marsden On Teddy 3.0, And What He Knows
Westworld HBO Given that this is a show about immortal, sentient robots, death means relatively little in Westworld. But one character has died more than any other at this point, James Marsden’s Teddy...