Even though the tax legislation has changed, you don’t need to pay through the nose for help filing your return. In some cases, it’s free. In theory, the Tax Cuts and Jobs Act — which roughly doubled the standard deduction, did away with personal exemptions and trimmed individual income tax rates — should make it
Month: November 2018
Comcast Ventures had seen enough. Years of researching business models, seeing their own portfolio’s performance and watching digital media startups struggle had made an impression. For 2018, the venture capital firm made a decision: it would no longer put money behind advertising-driven media companies no longer made sense. “Starting an ad-supported business is really, really
The markets suffered another bumpy week in the post-midterm election period, with steep losses suffered by stocks. But if political headlines weighed on investors, it was more likely that the unresolved trade war with China was the reason rather than the reshuffling of House seats in favor of the Democrats. Several headlines from the past
As the economy strengthens, more workers nearing retirement age are feeling better about their economic prospects. That’s the good news. Still, many others are worried about their savings, or lack of savings, and how they will get by once they stop working for good. Overall, 85 percent of working Americans said retirement will be a
Once-mighty General Electric is fighting to stay off the junk heap. GE’s stock has become a sliver of its former self, and its bonds are now trading as if they are already junk-rated. That puts pressure on new CEO Larry Culp to quickly raise cash and cut debt to keep its debt rating from falling
Coinbase’s CTO, Balaji Srinivasan, has just announced his thoughts of the future of home cryptocurrency mining. Bitcoin mining and crypto mining in general are a huge industry, which exploded last year when digital currency interest hit mainstream. A new startup is trying to take another stab at popularizing at-home cryptocurrency mining, a business model that
Blockchain protocol EOS, run by Block.one, has just become the subject of a new crypto scandal. It all began on November 9th, when a picture emerged on Reddit of a moderator on EOS reversing a transaction that had already been confirmed. Decentralized? According to the Reddit user u/auti9003, a reverse transaction occurred without the owner’s
With all the constant news about the price of Bitcoin, it’s possible to forget what it was invented for. Cryptocurrency trading plays only a small role in what Bitcoin and blockchain technology can do for our world. Most importantly, they can end the hegemony central banks have on the way we make payments to each
All eyes are on the bitcoin cash (BCH) blockchain ahead of a scheduled technical upgrade tomorrow. While it’s a process that the world’s fourth-largest blockchain by market capitalization undergoes every six months, at which point it asks all users operating the software to upgrade to a newer version, there’s a twist this time around. Specifically,
Share to facebook Share to twitter Share to linkedin Great RoomLeroy Street Studios The unusual use of setbacks in this penthouse might not be its most defining feature. If it were to sell for its asking price of $37.5 million it will be the most expensive sale south of 14th Street in Manhattan, not to mention of the most
After another week of roller coaster market action, investors may be looking at the balance in their 401(k) plan and wonder what they should do about their retirement savings. The volatility in the U.S. and global equity markets has led some “buy-and-hold” investors to make major moves in their retirement plans. Daily trading activity in
As stocks enter the short Thanksgiving holiday week, investors looking for any signs of a market comeback are paying close attention to trade developments with China. President Donald Trump gave the market a boost Friday when he said he was hopeful the U.S. and China would strike a deal on trade, a major focus for
IDEX, the only Ethereum-based, fully decentralized crypto exchange with real-time trading and high transaction throughput has announced the listing of RedCab LLC’s REDC token. RedCab, a decentralized peer-to-peer transportation solution entirely powered by blockchain technology, announced the listing this week with the Panama-based exchange. IDEX is recognized as the most advanced Ethereum DEX in the
Binance is advising its remaining users in Iran to withdraw their money as the cryptocurrency exchange seeks to comply with international sanctions. “If you have an account with Binance and fall into that [sanctions] category, please withdraw your assets from Binance as soon as possible,” reads an email received in recent days by Iranian users, according
The crypto market took a turn for the worse on Wednesday when it lost nearly $30 billion in total market capitalization – but not every asset struggled to find buyers. In fact, certain stablecoins like USD-C, TUSD and DAI each witnessed a more than 200 percent increase in 24-hour trading volume amid the broader market sell-off
Employees used to be very proud of the GroupJ&P Corporate Brochure Over the last couple of months, stories of mismanagement and bad family business succession planning have been swirling around one of the most prominent groups in Cyprus. The Joannou & Paraskevaides Group (J&P) — one of the most well-known construction groups in Cyprus, Greece
There’s an oversupply of luxury condominiums in most major cities across the country and rising interest rates are making it harder for buyers to make deals, billionaire real estate developer Stephen Ross told CNBC on Thursday. “Today the condo markets … are overbuilt in most areas of the country,” Ross said. That includes the New
“A wood structure will combust almost immediately. And studies show that once a wood structure has 4 or 5 percent of the building on fire, it becomes a total loss because there’s no stopping the fire,” said Ken Calligar, CEO of RSG 3-D, the company that’s bringing the panel to the U.S. for mass production.
Homebuilder stocks are getting hammered. The group fell Friday for the sixth time in seven sessions, bringing the total year-to-date losses for the XHB, a popular homebuilder-tracking ETF, to 23 percent. While some investors are avoiding homebuilders amid rising interest rates that traditionally serve as a headwind for the economically sensitive group of stocks, others
The U.S. housing sector is falling apart, and the Federal Reserve is all but ignoring the damage as it prepares for what many expect to be three rate hikes in 2019, CNBC’s Jim Cramer warned Friday. “The housing sector’s a disaster,” Cramer said on “Closing Bell.” “We’re building about half the houses we did when
The contentious nature of the ecosystem around cryptocurrencies is partly what gives them value – academics call it “belief heterogenity.” But discord and personal sentiment alone isn’t enough to keep prices above zero, according to research from Wang Chun Wei, Ph.D., a finance lecturer at the University of Queensland in Australia. According to Wei, if it
Bitcoin sank to its lowest price in over a year on Wednesday, with the prices of other major cryptocurrencies falling alongside it. As of press time, bitcoin is trading at $5,525.92 – a more than 12 percent decline on the day – in the latest sign that volatility around the world’s largest cryptocurrency by market capitalization
After yesterday’s split of the bitcoin cash blockchain, several top exchanges have already accommodated the resulting two tokens. While the scheduled hard fork was originally intended as an upgrade to the network, the long-standard Bitcoin ABC version found itself with a rival network and token, Bitcoin SV, after it managed to garner enough support from
Age 70 could be the new 50. At least that’s what many women are saying when it comes to how they perceive their retirement years. A new survey from TD Ameritrade found that 73 percent of women said 70 is the new 50, while 59 percent of men said the same. The results come from
Check out the companies making headlines before the bell: Facebook – COO Sheryl Sandberg responded to a New York Times report that alleged the company ignored and then attempted to cover up how Russia used Facebook to disrupt the 2016 U.S. election. Sandberg acknowledged that Facebook was “too slow” in responding to Russian interference but
The head of Russia’s Sberbank has set tongues wagging after he emerged bullish about the future of blockchain adoption. CEO Herman Gref is forecasting industrial scale adoption in as little as one or two years. Blockchain Adoption Gref believes the technology is on the cusp of entering the industrial development stage of its evolution. Speaking to
Amazon CEO And Blue Origin Founder Jeff Bezos Speaks At the Air Force Association Air, Space And Cyber Conference.Getty Images Amazon has come in for a roasting over clauses in its agreements with New York and Virginia authorities promising the e-commerce giant private helipads at the two huge office complexes it’s planning to build. The
Long Island City in Queens, N.Y., may seem ideal for Amazon. Directly across the East River from Manhattan, it offers stunning views, easy access to transportation, and shiny new residential towers already rising by the water. But there is a growing risk to it: The proposed 4 million to 8 million square-foot complex would be
If past events are a guide, bitcoin (BTC) could in for a recovery rally in the short-term. Following Wednesday’s 10 percent slump, the leading cryptocurrency printed an intraday low of $5,188 on Thursday, before closing largely unchanged on the day (as per UTC) at $5,580. The price swing formed what’s termed a “long-tailed doji” candle
Economist Steve Hanke often scoffs that bitcoin isn’t “a real currency.” The Johns Hopkins University professor has also compared the cryptocurrency market to the Dutch tulip bubble, and even went so far once as to claim crypto exchange hacks prove these assets are “unstable and unsafe.” Now he’s working for a crypto startup. Revealed exclusively
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