Ripple CEO Brad Garlinghouse said he considers China ahead of the U.S. as both countries wade the regulatory waters of the burgeoning crypto space. As part of the Chamber of Digital Commerce’s Parallel Summit on July 17, Garlinghouse expressed admiration for China’s approach to the crypto space. “In some ways I’m in awe of it,”
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For those trading in cryptocurrencies, crypto trading platforms are required to provide you with a form 1099 for use on your taxes. When doing so, the IRS is also notified of the information contained on the tax form. And although you will receive either a form 1099-K or a 1099-B, it is not always clear
The latest HouseCanary market report, an analysis of public records and 200 multiple listing … [+] services, shows that for the week ending July 12 the volume of listings under contract tumbled 15.3% nationally from the preceding seven days. Getty The recent rise of coronavirus cases may stifle the so-far brisk recovery of the housing
Swimply rental pool in Valley Stream, NY Leroy Jackson | CNBC The coronavirus pandemic has millions of Americans shut out of public pools this summer, and that has opened up a huge opportunity for one small start-up. Swimply has been compared to Airbnb and VRBO, because it’s employs a similar strategy, only for pools. Barely
700,000 Expedia Hotels Can Now Be Paid With Cryptocurrencies via Travala More than 700,000 Expedia Group hotels and accommodations are now available via crypto-friendly travel booking platform Travala. Bookings can be paid with more than 30 cryptocurrencies, including bitcoin. Despite covid-19, Travala saw a 170% increase in booking revenue from its … read more. Bitcoin.com
Detroit Mayor Mike Duggan is billing a revised $250 million blight bond proposal as a means to fund demolition and renovations while creating jobs to keep the city’s post-bankruptcy progress on track amid the coronavirus pandemic. The council may consider putting the plan — called “Proposal N for Neighborhood Improvement” — on the November ballot
In these worst of times, your goals should be to combat powerlessness or hopelessness and learn as … [+] much as you can about your pension in preparation for its defense. Getty During the best of times, workers and retirees counting on pensions for their retirement security have had good reason to worry that the
Another earnings season has arrived, and this time the bar is set seriously low. The upcoming reports will shed some light on the extent of the damage inflicted by COVID-19. Expectations are low, and while there’s plenty of room for disappointments, Oppenheimer’s Chief Investment Strategist John Stoltzfus believes that there’s also an opportunity for some
by Michael Snyder Week after week we continue to get economic numbers that are absolutely horrific, and it appears that we are heading for a housing crisis that will be even worse than what we witnessed in 2008. Back then, millions of Americans lost their homes, but this time around it could be tens of
Take a look at some of the biggest movers in the premarket: Netflix (NFLX) – The video streaming service saw its bottom line fall 22 cents a share below Wall Street forecasts with quarterly profit of $1.59 per share. Revenue and subscriber additions were above estimates. Projected subscriber additions for the current quarter of 2.5
A suburban Chicago hotel and conference center that restructured its bonds through bankruptcy in 2018 defaulted on debt service owed this month. The breathing room the Lombard Public Facilities Corp. won in the Chapter 11 restructuring was nowhere near enough to outrun the coronavirus pandemic, which shuttered the Westin Lombard Yorktown Center. The restructuring a
Let’s face it: Getting dental work done can be really expensive. Even the most basic cleaning can put a dent in your pocketbook. Having comprehensive dental insurance may mean the difference between putting off important oral healthcare or living with gum problems or a mouthful of cavities. However, because of the way certain policies are
Rio Tinto has flagged sustained Chinese demand for iron ore but weakness in its US, European and Japanese sales, underscoring the uneven global recovery from the coronavirus emergency. The Anglo-Australian mining group said on Friday that China’s seemingly insatiable appetite for iron ore was enduring as Beijing ramped up infrastructure spending to combat the pandemic’s
The writer was head of the Downing Street Policy Unit and is author of ‘Extra Time: Ten Lessons For Living Longer Better’ As we emerge from lockdown, I’m startled to find that some friends have changed shape. The new world seems to divide into those who look leaner and those who have put on the
A Goldman Sachs sign is seen on at the company’s post on the floor of the New York Stock Exchange. Brendan McDermid | Reuters It doesn’t look like Wall Street is going back to work in any great numbers, at least any time soon. That seems to be the message from major money center banks
The CFP Board took a major step forward in its longstanding efforts to diversify the ranks of CFPs by electing Kamila McDonnough as its first Black woman chair. A veteran of Vanguard, where she served ultrahigh-net-worth clients, and Dimensional Fund Advisors, McDonnough’s term begins in 2022. Doug King, CEO of Oakwood Capital Partners and former
During a webinar on July 17, the former Finance Secretary of India, Subhash Chandra Garg, discussed cryptocurrencies with Indian industry leaders including Nischal Shetty, the CEO of Indian crypto exchange WazirX, and Siddharth Sogani, the founder of blockchain research company Crebaco. In 2019, Garg along with his secretariat drafted a bill that proposed a ban
Getty For many people returning to their offices after more than three months in lockdown, doing so will be like visiting the ruins of a bygone era. Working from home, call it distributed work, remote work or work from anywhere, is definitely here to stay. No matter how much we spend on partitions, colored safety
Horse Island, off the coast of West Cork, Ireland, sold for $6.3 million. Montague Real Estate A 157-acre private island off the southwest coast of Ireland has sold for 5.5 million euros ($6.3 million), despite the buyer never having actually visited. Horse Island was sold to an anonymous ultra-high-net-worth European buyer in July, following months
700,000 Expedia Hotels Can Now Be Paid With Cryptocurrencies via Travala More than 700,000 Expedia Group hotels and accommodations are now available via crypto-friendly travel booking platform Travala. Bookings can be paid with more than 30 cryptocurrencies, including bitcoin. Despite covid-19, Travala saw a 170% increase in booking revenue from its … read more. Bitcoin.com
TOPLINE The market opened slightly higher on Friday, recovering from the previous session’s losses, as investors continued to digest economic data and a sharp rise in new coronavirus cases across the country. Stocks are on pace for a third straight week of gains. Angela Weiss/AFP via Getty Images KEY FACTS The Dow Jones Industrial Average
Image Source : FILE Gold Price Today: Gold declines by Rs 271 to Rs 49,729/10 gram; silver tumbles Rs 512 Gold prices in the national capital fell by Rs 271 to Rs 49,729 per 10 grams on Friday amid a strengthening rupee, according to HDFC Securities. In the previous trade, the precious metal had closed
The current fiat international monetary system is ending. European central banks have carefully prepared a new monetary system based on gold… by Jan Nieuwenhuijs via Voima Insight Research reveals that European central banks have prepared a new international gold standard. Since the 1970s, policies that paved the way for an equitable and durable monetary system
Tencent Holdings Ltd. (TCEHY) has launched tools to facilitate virtual shops for merchants on its WeChat messaging service in China. The rollout of the new tool will easily allow merchants to directly add e-commerce extensions to WeChat with no external development needed. The ‘Minishop’ will provide transaction statistics, services for order management, and other information
People wait on a long line to receive a food bank donation at the Barclays Center on May 15, 2020 in the Brooklyn borough in New York City. The event was organized by Food Bank for New York City and included dairy and meat items. Stephanie Keith | Getty Images Consumers went shopping in June,
by visualcapitalist Delinquency rates across commercial properties have shot up faster than at any other time. As thousands of restaurants, hotels, and local businesses in the U.S. struggle to stay open, delinquency rates across commercial mortgage-backed securities (CMBS)—fixed income investments backed by a pool of commercial mortgages— have tripled in three months to 10.32%. In just
A $9.9 billion emergency bonding bill approved by the Democrat-controlled New Jersey legislature Thursday will likely face a legal battle, due to conflicts in the state constitution, before Gov. Phil Murphy can map out the state’s borrowing strategy. “There are provisions in the constitution that are in conflict,” said Marc Pfeiffer, assistant director of Rutgers
Brian Moynihan, Bank of America, speaking at the WEF at Davos, January 21, 2020 CNBC Bank of America is scheduled to report second-quarter earnings before the opening bell on Thursday. Here’s what Wall Street expects: Earnings: 27 cents a share, a 64% drop from a year earlier, according to Refinitiv. Revenue: $22 billion, a 5.3%
A quantitative analyst is a professional who uses quantitative methods to help companies make business and financial decisions. Investment banks, asset managers, hedge funds, private equity firms, and insurance companies all employ quantitative analysts, or “quants,” to help them identify profitable investment opportunities and manage risk. What does a Quantitative Analyst Do? In the trading
Chinese stocks lost further ground on Friday even as state media sought to reassure investors on the outlook for onshore equities following their worst fall in five months, with uncertainty weighing on shares across the Asia-Pacific region. China’s CSI 300 index of Shanghai- and Shenzhen-listed stocks rose almost 2 per cent in early trading after