This week, some Americans eager for more stimulus money will get their wish. Payments will be deposited into bank accounts on Oct. 15, 2021 for one of the key types of financial assistance made available by the American Rescue Plan Act. The payments that are being delivered on Oct. 15 are going to eligible parents and will come as a result of the expansion of the Child Tax Credit authorized by the American Rescue Plan Act.
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- Motley Fool
With me today are Antonio Gonzalez, CEO of Cable; Alex Penna, CEO of Sky; and Carlos Phillips and Antonio Lara, Corporate Vice President of Finance and Administration respectively. During the third quarter, we experienced an overall positive economic environment in Mexico despite the third wave of COVID-19, relatively high inflation and raising interest rates.
- Motley Fool
Whereas the benchmark S&P 500 has gained 273% over the trailing 10-year period, we've watched Bitcoin approach a nearly 8,000,000,000% gain in a little over 11 years. The Shiba Inu dog breed has inspired a handful of popular cryptocurrencies. Although Bitcoin continues to generate buzz, especially with the first Bitcoin futures-based exchange-traded fund making its debut this week, it's Shiba Inu (CRYPTO: SHIB) that's been turning heads with its gains.
Currently, everyone has a lifetime exemption of $11.7 million that they can gift tax-free. Here’s one of my favorite strategies: Everyone can give up to $15,000 tax-free to anyone under the current (2021) annual gift tax exclusion. This means that a married couple can give their kids, grandkids, and any other individual $30,000 a year ($15,000 per person) completely tax-free.
- Business Insider
Binance CEO Changpeng Zhao tweeted: "Expect very high volatility in #crypto over the next few months."
Trump's new social media company shot up in value, but at least one investor says it's not about the money.
- FX Empire
Crude oil markets have fallen rather hard during the trading session on Thursday, as we await yet another official release of information.
- Motley Fool
Retiring with a million dollars is a good goal. A larger or smaller sum might work well for you, but for many, if not most, of us, a million dollars will go far. If you apply the flawed-but-still-useful 4% rule to it, withdraw 4% of that million dollars in your first year of retirement, and adjust the withdrawal for inflation in each successive year, the money stands a good chance of supporting you for several decades.
(Bloomberg) -- China’s top financial regulator said he expects to achieve significant progress in the ongoing crackdown on fintech firms before the year-end, reinforcing speculation that Beijing’s campaign to rein in its tech giants may be receding. Most Read from BloombergWhy Americans and Britons Are Rushing to Buy Idyllic Homes in ItalyThe Top Money Maker at Deutsche Bank Reaps Billions From SingaporeCities' Answer to Sprawl? Go Wild.One of California’s Wealthiest Counties Could Run Out of Wa
- Business Insider
Mark Cuban compares the crypto boom to the dot-com bubble, defends Robinhood, and calls for stablecoin regulation in a new interview. Here are the 10 best quotes.
The "Shark Tank" star and billionaire owner of the Dallas Mavericks celebrated how crypto has encouraged millions of young people to invest.
Capital gains tax generally applies when you sell an investment or asset for more than what you paid for it. In other words, any profits resulting from the sale are considered taxable in the eyes of the Internal Revenue Service. … Continue reading → The post Short-Term Capital Gains Tax Rate for 2021 appeared first on SmartAsset Blog.
Baby boomers have been in the midst of a retirement boom for more than a decade, but the pandemic has accelerated it, adding new hazards.
Tesla Chief Financial Officer Zachry Kirkhorn said on the earnings conference call that people "want to buy a Tesla right now." The brand has become synonymous with electric vehicles.
Watchdog says ‘substantial reason to believe’ that congressman’s wife used insider info in stock trade
A congressional ethics watchdog has concluded there is “substantial reason to believe” that the wife of Pennsylvania Rep. Mike Kelly used nonpublic information gained through her husband's position in Congress to purchase stock last year, a likely violation of federal law and House rules.
- American City Business Journals
Investors sent Intel stock further into the red as company executives outlined aggressive spending plans on a conference call with analysts. Intel stock (Nasdaq: INTC) was down at times more than 9% despite a mixed third quarter financial performance that saw the company beat expectations on earnings per share. The major sticking point appeared to be around a dip in gross margins that CEO Pat Gelsinger said would be down for two to three years while the company spends to get back to a leading edge product position.
Being frugal is admirable. Being cheap is not. When you're frugal, you make wise and careful decisions with your money without painful sacrifices. When you're cheap, you're willing to sacrifice things...
Southwest Airlines said Thursday that recent flight cancelations will cost the company $75 million as it confronts an ongoing labor crunch that has forced it to scale back capacity.
(Bloomberg) -- Most Read from BloombergThe Top Money Maker at Deutsche Bank Reaps Billions From SingaporeWhy Americans and Britons Are Rushing to Buy Idyllic Homes in ItalyCities' Answer to Sprawl? Go Wild.Forget Palm Springs—Santa Fe Is the New Mecca for Modern ArchitectureOne of California’s Wealthiest Counties Could Run Out of Water Next SummerConsumers around the world are about to get socked with even higher prices on everyday items, companies from food giant Unilever Plc to lubricant maker
A Twitter post late last week from U.S. Secretary of Education Miguel Cardona has raised the hopes of thousands of teachers, nurses and other public servants that their federal student loan debts...
(Reuters) -A merger with former U.S. President Donald Trump's new social media venture has delivered a potential windfall of $420 million for a former finance executive who has been trying for a decade to reinvent himself as a serial dealmaker. Benessere Capital CEO Patrick Orlando's stake in Digital World Acquisition Corp, the Miami-based blank-check acquisition firm he is leading, was worth $423 million on Thursday after his deal to merge with Trump Media and Technology Group was announced, according to a regulatory filing and Reuters calculations. Orlando invested only $3 million in Digital World, and is set to receive the windfall because the deal entitles him to additional compensation in shares as sponsor of the firm, the filing shows.
- FX Empire
A break below Sunday’s $59016 low is needed to confirm wave-ii to ideally $53K.