In this article TSLA XPEV NIO ZE594-CN Chinese battery and electric vehicle maker BYD shows off a model of its Han EV series at the 2020 Beijing auto show. Evelyn Cheng | CNBC BEIJING — Chinese automaker BYD sold more than twice as many battery-powered electric cars as start-up Nio delivered in March. BYD, which
For decades the international corporate tax system has irritated almost everyone — apart from shareholders of the world’s largest multinationals and countries with low tax rates. As companies’ share of profits in the global economy has risen and wages have fallen, large countries have found it ever harder to tax those profits. That could finally
The Biden administration has proposed a new model for taxing multinational corporations, calling for the world’s biggest businesses to pay levies to national governments based on their sales in each country as part of a deal on a global minimum tax. In documents sent to the 135 countries negotiating international taxation at the OECD in
Asset managers with the biggest long-term losses and some of the industry’s priciest mutual funds outperformed their peers over the past year. The 20 actively managed funds with the worst 15-year returns, and at least $100 million in assets under management, notched an average loss of 2.37% over the period, Morningstar Direct data show. In
Nearly half a billion in Tether inflows was recorded on April 8 across major Bitcoin (BTC) exchanges, based on Glassnode’s data. Considering that the inflows, the biggest since mid-March, coincided with a minor Bitcoin pullback, it indicates that buyers could be waiting to step in following BTC’s price drop. Stablecoin deposits into exchanges. Source: Glassnode
Owner and Qualifying Broker at Rhino Realty Property Management and Rhino Realty B&B, entrepreneur, investor, advisor, author and speaker. Marketing real estate isn’t an exact science, and for that reason, it can be perplexing. Consistency is the key to successful marketing outcomes. You can’t know what method will be the most effective for you if you only
Heavy competition in today’s pricey housing market has sidelined some first-time buyers, especially in major metropolitan areas. These buyers usually make up about 40% of the market, but now they’re less than a third, according to the National Association of Realtors. The majority are millennials ages 25-34. There is still hope for homeownership, however. While
Billionaire real estate mogul Rick Caruso has revealed that his company has invested in bitcoin for its treasury and will begin accepting the cryptocurrency for rent payment at its properties. Among the tenants of one of his properties is Elon Musk’s Tesla. Caruso said, “We believe that cryptocurrency is here to stay.” Caruso Going the
This post is not about aging or retirement, it is about a book written by one of the brightest stars in that universe. I’m talking about the universe of people who are attempting to better understand what it means to retire and grow older, and the supreme commander of that universe is surely Ken Dychtwald. Radical
The Puerto Rico Oversight Board sought Tuesday to restart suits on $6.4 billion of revenue bonds and to set the central government bankruptcy disclosure hearing for June 16. The board also extended a deadline for the bond insurers to withdraw their support of the debt deal. The board’s attorneys, led by Proskauer Rose Partner Martin
Editor’s Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today’s must-read news and expert opinions. Sign up here! (Kitco News) - Gold has moved 0.40% higher in the Asian and EU session to trade at $1748/oz. The good news is the previous
In the coming mayhem from the destruction of fiat currencies against gold, the oversized global banking system will collapse… Egon von Greyerz with Patrick V. on Silver Bullion TV SBTV spoke with Egon von Greyerz, Founder of Matterhorn Asset Management, about the coming mayhem from the destruction of fiat currencies against gold. The oversized global
In a recent review of the market’s current conditions, JPMorgan strategist Eduardo Lecubarri recaps his view that 2021 will see modest gains across stocks generally – but outperformance among the small/mid-cap sector. Lecubarri believes that investors can find opportunities for big upside among stocks in that class. Driving the general stocks gains, Lecubarri points to
Take a look at some of the biggest movers in the premarket: GameStop (GME) – The video game retailer said board member and Chewy co-founder Ryan Cohen would become chairman of the board of directors following its annual meeting. GameStop gained 2.2% in premarket trading. Box (BOX) – The cloud computing company announced a $500
ONLY ONE? Top Biden officials busted telling an enormous lie about ‘infrastructure’ plan: Wow! A whopping 19 million jobs created! Who could oppose that!? There’s just one problem: This 19 million figure is based on a gross distortion of an economic report. The claim that Biden’s spending bonanza would create 19 million jobs has no basis
Is a contribution to an individual retirement account (IRA) tax-deductible? For many of us, the short answer is: You bet! That’s what IRAs are for. However, there are rules and limits. Your ability to deduct an IRA contribution in part or in full depends on how much you earn, whether you or your spouse are
Zach Perret, CEO and co-founder of Plaid, speaks during the Silicon Slopes Tech Summit in Salt Lake City, Utah, U.S., on Jan. 31, 2020. George Frey | Bloomberg via Getty Images Plaid raised a new round of capital that nearly triples its valuation a few months after a deal to be bought by Visa fell
Indian social media firm ShareChat has raised more than half a billion dollars to grow its popular short-video app Moj, just months after the Indian government banned ByteDance-owned rival TikTok from the country. The five-year-old company, which has raised $502m from investors including Tiger Global Management, Snap and Twitter, now has a valuation of $2.1bn.
Online fashion retailer Asos said the outlook for its full-year has been boosted by a strong first-half performance, but it remains cautious about economic prospects for its core 20-something customers. Pre-tax profit in the six months to the end of February was £106m, up from £30.5m last year partly as a result of “exceptional” sales
Don’t get me wrong: I am a staunch supporter of digitalization — as a financial services executive it’s been my focus for more than 10 years. And yet I have to ask: Is it possible that, in our quest to provide better access to investing through automation, we’ve forgotten the emotional connection — and in
Paris Hilton revealed she is not only bullish about NFTs but also has a good understanding of potential applications of the technology, in an extensive blog post explaining her excitement about the sector posted on April 6. I’m so excited about #NFTs! Here’s why I think #NFTs are the future & everything you need to
For the past few decades, the sledgehammer has begun most remodeling projects. Countless design shows depict, early in the program, gleeful homeowners and builders knocking down walls as they transform yet another traditional home design into the open concept floor plan we are all said to favor. An open concept layout combines living, family and
Shoppers walk through a nearly empty Palisades Center Mall retail center in West Nyack, New York, February 3, 2021. Mike Segar | Reuters If you noticed more darkened windows and empty stores at the mall recently, you’re not alone. The vacancy rate for regional malls in the United States hit a record 11.4% in the
The new decentralized finance (defi) stablecoin project called Fei had some issues this week after the 1:1 USD pegged token dropped well below its targeted $1 value. The Fei project was supposed to be similar to Maker DAO’s algorithmic DAI stablecoin and it was backed by major venture capital firms. Fei Protocol Market Price Drops
Many years ago, the preferred way to enroll in Medicare was to visit the local Social Security office. Then came enrolling by phone, adding convenience. Make an appointment and enroll, sitting at your desk or kitchen table. As with everything from registering for classes to buying a car, there is now online enrollment. From its
Ohio formally put an end to the $1 billion ratepayer bailout for two nuclear power plants owned by then-bankrupt FirstEnergy Solutions Corp. at the center of a $60 million pay-to-play scheme that led to the arrest of Ohio House Speaker Larry Householder on federal corruption charges. Tainted House Bill 6, enacted in July 2019, bolstered
(Bloomberg) — Gold steadied, tracking movements in the dollar and bond yields, with investors weighing the latest insights into the Federal Reserve’s stance on monetary policy and inflation risks. Minutes from the Fed’s March 16-17 meeting released Wednesday showed officials were united on the need to see more progress on the recovery before scaling back
Many people are aware of a simulation called “Event 201” that preceded the pandemic. What some people may not know, however, is there was another simulation: Cyber Polygon 2021, and it also predicted global catastrophe… by Robert Wheeler via The Organic Prepper Many readers are aware of a simulation conducted by the World Economic Forum called Event 201 that
Remember back in February, when we were worried about a market correction? Back when the NASDAQ dipped 10% from its peak… Yeah, well, never mind about that. Markets are up, up, up lately. A strong jobs report last Friday has helped, showing 916,000 new positions in March, the best print since last August, and almost
Take a look at some of the biggest movers in the premarket: Tesla (TSLA) – Tesla delivered nearly 185,000 vehicles during the first quarter, a record for the company and more than 10,000 about consensus forecasts. The stock jumped 7.6% in the premarket. GameStop (GME) – The video game retailer announced plans to sell up