A Houston tax attorney was charged with creating offshore entities and foreign bank accounts that helped billionaire Robert F. Smith hide $225 million from the IRS, according to the Justice Department. Carlos Kepke’s indictment on Thursday follows the October admission by Smith, CEO of Vista Equity Partners, that he used those offshore entities and bank
Parler, the embattled social networking app popular with conservatives, can re-list on the Apple Store, according to CNN Business. In a letter sent to Congress, Apple indicated that the app is welcomed back after significant improvements to issues initially raised. Improvements in the detection and moderation of hate speech are some of the changes that
Yuriko Nakao | Getty Images Bitcoin’s big swing in prices over the weekend likely set the stage for a period of consolidation before the cryptocurrency can make another move higher. The digital currency lost as much as 15% over the weekend, and rival coins like ethereum also fell. Bitcoin traded around $55,970 at 4 p.m.
by Michael Snyder Greed is one of the seven deadly sins, and what the wealthiest football clubs in Europe are trying to pull off stinks of pure greed. I don’t normally write a lot about sports, because in the grand scheme of things there are so many other topics that are of far greater importance,
Payments app Square made headlines — and dollars — when it integrated Bitcoin trading into its mobile platform back during the crypto bull market of winter 2017. Now, rival payments firm Venmo, owned by PayPal, is following suit by launching cryptocurrency trading for four major coins: Bitcoin (BTC), Ether (ETH), Litceoin (LTC) and Bitcoin Cash (BCH). Beginning April
Ellen Calmas is Co-Founder/EVP at Boston-based Neighborhood Pay Services, creator of the NPS Rent Assurance Rent From Payroll platform. What a difference a year makes. According to a recent Census Bureau survey, an estimated 10 million apartment dwellers have struggled to stay current on their rent payments while approximately 16 million individuals are left without the resources
With storms intensifying, rainfall increasing and sea levels rising, waterfront property owners have to get more creative. For some, that means moving to higher ground, but for others, it’s just moving the house higher. House lifting has long been a strategy for waterfront real estate, but it is now becoming a far bigger business due to
The Ukrainian parliament is enforcing its tough stance against people who don’t disclose their cryptocurrency holdings on the tax fillings. The measure comes in the wake of a recent publication that showed alleged mistakes in declarations from public servants. Offenders Could Spend up to Two Years in Jail According to an official document released by
The Biden administration and Congress plan to spend a lot more money in 2021 and beyond. They’re also planning to raise taxes to pay for a lot of that spending and also to refashion the economy and reduce inequality. The tax increases proposed so far have been on large corporations, and bills have been proposed
Municipals were flat as the market was salivating in anticipation of the arrival of billion dollar deals from three large specialty states as part of the week’s planned $10 billion bounty. No large deals were priced in the municipal market on Monday as attention focused on three separate billion-dollar deals planned for Tuesday from issuers
Silver hovers within a symmetrical triangle on the 4H chart. XAG/USD awaits a range break, with odds for the upside higher. Bullish RSI and 21-SMA support keep the XAG buyers hopeful. Silver (XAG/USD) has reclaimed the green territory after snapping back into losses on Monday. Sellers continue to lurk above the $26 mark, keeping the
We may soon see a stronger bullish price rally in precious metals which may drive miners 3x to 5x higher as… by Chris Vermeulen of The Technical Traders METALS & MINERS MAY HAVE STARTED A NEW LONGER-TERM BULLISH TREND – PART II This second part of our research article related to the new Bullish price
Investors usually focus on the nominal rate of return on their investments, but the real rate of return is what really matters. So, if someone told you about a security that guarantees a real rate of return over inflation with no credit risk, you would, of course, be interested. When constructing a portfolio, investors should
Rendering of a United Launch Alliance’ Atlas V rocket carrying Amazon satellites. ULA/Amazon Amazon is preparing to send its first Project Kuiper internet satellites into orbit, with Jeff Bezos‘ company announcing on Monday that it signed a contract with United Launch Alliance for nine launches. ULA, a joint venture of Boeing and Lockheed Martin, will
United Airlines reported “strong evidence” of pent-up demand for air travel and was positioned to take advantage of a recovery in business and international flights. The carrier on Monday said it is “already moving” to capitalise on the emergence of demand from countries where vaccinated travellers are welcome, and pointed to newly announced international flights
Toyota is under investigation in Thailand over allegations that consultants hired by the world’s largest carmaker tried to bribe local officials in a tax dispute, according to Thai authorities, court documents and a person with knowledge of the matter. The probe followed a filing last month in which Toyota revealed that it had reported “possible
The Department of Labor this week issued guidance for advisors that seemed to take a tough stance on conflicts of interest as it interpreted the Trump-era exemption for fiduciaries operating in the retirement space. Tuesday’s announcement from the department drew praise from some investor advocates, who hope that the Labor Department and SEC will move
Boeing (BA) has struggled in recent years, as it has dealt with the repercussions of the 737 MAX crashes. The aircraft’s recertification came at the end of last year, after Covid-19 had decimated the aviation industry and brought the company dangerously close to bankruptcy. However, with the economy reopening, Jefferies analyst Sheila Kahyaoglu thinks the time
In this article STLD ZION ELS UAL IBM Pedestrians walk past the IBM building in New York. Scott Mlyn | CNBC Check out the companies making headlines after the bell on Monday: IBM — Shares of the computer hardware company ticked up 2.9% after IBM reported better-than-expected results for the first quarter. IBM posted earnings
by Shaun Richards Yesterday brought news that has long been in the offing and it has created quite a stir. Twelve of Europe’s leading football clubs have today come together to announce they have agreed to establish a new mid-week competition, the Super League, governed by its Founding Clubs. AC Milan, Arsenal FC, Atlético de
Few traders would argue against the fact that Bitcoin (BTC) is in a bull market, but there is less consensus on whether the market is in the midst of an “altcoin season.” A quick view of Crypto Twitter shows the schism between traders who are certain we are halfway through alt season and those who
The Solar Decathlon run by the United States Department of Energy is an extraordinary collegiate event which happens every two years. This year was no exception. The first place winner of this event went to the University of Colorado Boulder team. They attempted to build affordable housing to accommodate local residents who are being financially
Ting Shen/Bloomberg via Getty Images The Consumer Financial Protection Bureau announced an interim rule on Monday that will allow tenants to sue debt collectors who violate the national ban on evictions. Attorneys for landlords and other debt collectors who wrongly evict tenants could also face federal and state prosecution, the bureau said. In addition, these
Major investment bank Morgan Stanley believes that central bank digital currencies are not a threat to the existence of cryptocurrencies. The bank believes that both types of digital currencies can coexist because they serve different purposes and have different appeals. Cryptocurrencies and CBDCs Can Coexist Morgan Stanley’s analysts, including chief economist Chetan Ahya, discussed the
This past weekend, Cryptocurrency coins experienced a downfall in prices after hitting all-time highs in the last couple of weeks. The market tanked early on Sunday morning, with Bitcoin taking the most extreme hit as it dropped $10K within a few hours. Dogecoin was the least affected crypto on the market, in comparison to others.
The focus of this proposal is retirees who own their homes but have little or no financial assets. They are said to be “house-rich but cash poor.” As a rough estimate, they number perhaps 15 million. A small change in the Federal tax code would help them at no reduction in Federal tax revenues and
A recent court decision will provide nothing more than a temporary boost to the U.S. Virgin Islands, Moody’s Investors Service said. The United States Court of Appeals for the First Circuit determined in mid-April the government wasn’t responsible for $43 million in interest and fees, after a lower court ruled the USVI had topay over
MONTREAL, April 19, 2021 /PRNewswire/ - Turquoise Hill Resources Ltd. (“Turquoise Hill” or the “Company”) today announced first quarter 2021 production for Oyu Tolgoi LLC (“Oyu Tolgoi”) and provided an update on the Oyu Tolgoi mine. Q1 2021 highlights In Q1 2021, the mining of Phase 4b and Phase 6b moved deeper into the higher grade
The Analysis And Discussion Provided On Silverdoctors Is For Your Education And Entertainment Only, It Is Not Recommended For Trading Purposes. The Doc Is Not An Investment Adviser And Information Obtained Here Should Not Be Taken For Professional Investment Advice. The Commentary On Silverdoctors Reflects The Opinions Of The Doc And Other Contributing Authors. Your
One of the principles of investing is the risk-return tradeoff, defined as the correlation between the level of risk and the level of potential return on an investment. For the majority of stocks, bonds, and mutual funds, investors know accepting a higher degree of risk or volatility results in a greater potential for higher returns. To