U.S. Senators Propose Bill to Cut Taxes on $50 Crypto Payments

Key Takeaways Senators Patrick Toomey and Kyrsten Sinema have introduced a new bill to the U.S. Senate to exclude small crypto transactions from capital gains tax requirements. The bill would apply to...

The Financial Case For Foreign Travel, Despite All The Hassles

Europe. by night getty It’s expensive to travel to Europe. And you’ve heard all the horror stories about the lost luggage and the cancelled flights. To experienced traveler Lewis Walker, a financial p...

U.S. senators propose bill to make crypto transactions under $50 tax-free

As the United States continues to deliberate on the right cryptocurrency sector regulation framework, two senators are now seeking to exempt crypto investors from paying taxes on transactions below $5...

The U.S. SEC Is Reportedly Probing Coinbase’s Crypto Listings

Last week, the U.S. DOJ and the SEC nabbed three Coinbase executives on charges of internal trading. However, this led to a new battle between Coinbase and SEC wherein the regulator accused Coinbase o...

Tesla Cofounder Is Building A $3.5 Billion Plant To Make EV Battery Parts In The U.S.

Redwood Materials is building a $3.5 billion plant near Reno, Nevada, to make cathode and anode materials for electric vehicle batteries. Redwood Materials Redwood Materials, a battery recycling and m...

U.S. Natural Gas Production Set A New Record In 2021

23 February 2022, Netherlands, Rotterdam: Tanks in the port of Rotterdam Photo: Federico … [+] Gambarini/dpa (Photo by Federico Gambarini/picture alliance via Getty Images) dpa/picture alliance ...

The numbers show the U.S. economy is at least teetering on a recession

Foreman Angel Gonzalez and Anthony Harris, with E-Z Bel Construction, work on pipes along Fredericksburg Road during an excessive heat warning in San Antonio, Texas, July 19, 2022. Lisa Krantz | Reute...

Third-largest U.S. party calls Bitcoin a ‘decentralized monetary revolution’

Cryptocurrencies such as Bitcoin (BTC) seem to be receiving growing support among politicians in the United States, with the nation’s third-largest political party expressing public approval of the fl...

The U.S. Army Can’t Attract Able Minds or Able Bodies. Its Fix

U.S. Army Soldiers march across the field of the 7th Army Noncommissioned Officer Academy at … [+] Grafenwoehr Training Area, Germany, June 14, 2022. The Soldiers belonged to the graduating clas...

Big Themes From Large U.S. Airlines’ Second Quarter Earnings

The three largest U.S. airlines — American, United, and Delta — have reported their second quarter … [+] 2022 earnings. While some positive signs for the industry are evident, a common set of is...

Celsius and Do Kwon get hit with yet another class action suit by U.S. law firm

As the fallout caused by the blockchain company Terraform Labs (TFL) and cryptocurrency lending firm Celsius continues to claim victims across the crypto ecosystem, the involved entities have been tak...

Terraform Labs, Do Kwon, And Others Face Second Class Action Suit In The U.S. By Law Firm Bragar Eagel & Squire

– Advertisement – Terraform Labs and Do Kwon have been slammed with another class action lawsuit in the U.S. U.S. law firm Bragar Eagel & Squire, P.C., in a press release on Sunday, ha...

Why is the dollar dominating? Because the U.S. is ‘the cleanest dirty shirt’

The U.S. dollar has had an incredible run throughout 2022, appreciating against most major currencies as the world’s central banks continue to combat rising inflation. This year alone, the dollar is u...

Are U.S. Savings Bonds a Good Investment During Inflation?

are savings bonds a good investment U.S. savings bonds are ultra-safe offer tax advantages, especially when used for eligible education costs. However, other investments such as stocks and mutual fund...

The U.S. housing market has gone cold

This post was originally published on TKer.com.  Low financing costs, excess savings, and a demand for more space during the pandemic fueled a frenzy in the housing market that sent home prices surgin...

Sunday Heat Wave Scorches These U.S. Cities From St. Louis To New York

Topline More than 85 million Americans live in areas under excessive heat warnings, the National Weather Service said Sunday, as an “extremely oppressive” heat wave across much of the southern and nor...

How Allen Edmonds Celebrates 100 Years Of U.S. Shoemaker Craft

Dancer and musical artist Bones the Machine in Allen Edmonds Park Avenue cap-toe oxfords by Billy Kidd, courtesy of Allen Edmonds Allen Edmonds, the fine menswear shoe brand, is celebrating its centen...

U.S. Flights And Cargo Play Key Role In Recovery

Bilal Eksi, CEO, general manager and member of the board of Turkish Airlines Turkish Airlines Bilal Ekşi, CEO, general manager and member of the board, of Turkish Airlines is bullish on the airline’s ...

Asia vs Europe and the U.S.

Getting a solid understanding of the global market requires zooming out of daily and weekly closes. One metric that provides a good perspective of the market’s overall health is the Month-over-Month (...

The Federal Reserve’s inflation fight and the U.S. housing market

The Covid-19 pandemic caused chaos in the U.S. housing market, with prices skyrocketing, inventories dwindling and intense bidding wars. Then came record inflation, which drove the price of everything...

Lake Mead Is Shrinking, USPS Goes Electric And Software To Make Farmers Green

This week’s Current Climate, which every Saturday brings you the latest news about the business of sustainability. Sign up to get it in your inbox every week. TImothy Archibald for Forbes Agriculture ...

The U.S. Is Still The World’s Top Oil Producer

ODESSA, TEXAS – MARCH 13: An oil pumpjack setup in a residential neighborhood pulls oil from the … [+] Permian Basin oil field on March 13, 2022 in Odessa, Texas. The Permian Basin is the ...

Stock Market Breaks Winning Streak After Data Reveals ‘Worrying Deterioration’ In Economy

Topline The stock market fell Friday after new data showing U.S. manufacturing activity has stalled and the service sector’s pandemic recovery has gone into reverse as a result of high inflation...

U.S. Rep. Brad Sherman Debunks FOX Report, Says He Never Discussed SEC’s Victory Against Ripple (XRP) With Gary Gensler

– Advertisement – California Rep. Brad Sherman has debunked FOX Business Network’s (FBN) report about his comment on Ripple (XRP).  The congressman noted in a recent tweet that FOX Busines...

Recession Risks Rise As Yield Curve Flashes Major Warning

NEW YORK, NEW YORK – NOVEMBER 15: Traders work on the floor of the New York Stock Exchange (NYSE) on … [+] November 15, 2019 in New York City. As trade talks with China show some progress,...

U.S. Drug Prices Sky-High In International Comparison [Infographic]

U.S. residents are paying more than twice as much for prescription drugs as people living in other countries. A paper by think tank Rand Corporation found that U.S. prescription drug prices surpassed ...

A Federal Reserve Recession May Be Here; The Good And Bad News For U.S. Economy, S&P 500

The Federal Reserve is slamming on the brakes to stem inflation — with another 75-basis-point rate hike expected Wednesday — even as the U.S. economy is sucking wind. A Fed-induced recession now seems...

Kiribati’s Liaison With China Threatens Sushi And Security

FILE – Kiribati’s President Taneti Maamau, left, and Chinese President Xi Jinping walk together … [+] during a welcome ceremony at the Great Hall of the People in Beijing, in this ph...

Congress To Ponder How To Deal With Long-Time Undocumented Immigrants

Ten million undocumented immigrants pose a challenge to U.S. immigration. How are we to deal with … [+] them? (Photo by: Joe Sohm/Visions of America/Universal Images Group via Getty Images) Univ...

40% of U.S. workers are considering quitting their jobs — here’s where they’re going

The wave of people leaving their jobs over the past few years is showing no signs of slowing down, and for many willingly choosing to quit, a massive reinvention of their ideal career is underway. The...

U.S. Charges Former Coinbase Employee in First Crypto Insider Trading Case

A former product manager at Coinbase global along with two others has been charged with wire fraud in the first insider trading case involving cryptocurrencies. Ishan Wahi, the former product manager ...

Panasonic To Build Second EV Battery Factory In U.S. To Expand Beyond Tesla

Billionaire Elon Musk, chief executive officer of Tesla Motors Inc., left, speaks as Jeffrey … [+] Straubel, former chief technical officer of Tesla, center, and Yoshihiko Yamada, consultant at ...