The Carried Interest Loophole and Wall Street's Tax Wizardry
he carried interest loophole isn't the only card up Wall Street's sleeve. There are plenty of other tax hacks being utilized. Take Goldman Sachs' new pay plan, for instance.
Feb 29, 2024 2:00 PM EST
The Real Winner of the Kremlin's war won't be Russia or Ukraine
The old Wall Street adage says to buy when stocks plummet at the outbreak of war and sell when stocks rise as hostilities end. Buying low and selling high has long been a fundamental financial strategy particularly as it relates to gauging wartime market sentiments. And where some might hear the drums of war beating and jackboots ringing on cobblestones, others hear only the sound of cold, hard coin clanging into their coffers.
Gemini to Repay Over $1 Billion in Settled Dispute
Gemini, a cryptocurrency exchange, and the New York State Department of Financial Services (NYDFS) have come to an agreement wherein Gemini would reimburse clients of the Gemini Earn Program with a minimum of $1.1 billion via the Genesis bankruptcy case.
Will Small Businesses Lead the US Economic Recovery?
According to a recent study, small company owners are becoming more optimistic about the US economy as inflation declines and worries of a recession lessen
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After Years of Increases, Used and New Car Prices Finally Dip
In the United States, price hikes for automobiles and trucks have been moderating and in some cases even declining, which is helping to reduce overall inflation and giving disgruntled Americans greater optimism that they will be able to find an inexpensive vehicle for almost three years.
Feb 29, 2024 12:57 AM EST
Rise Against Terror: How Ukraine's Resistance Could Spark Global Democratic Uprising
Part 2 of Is Ukraine hunting Russia's blood gold traffickers in Africa? Read Part 1 Here. To demonstrate to those perpetuating the Putin regime's reign of terror and destruction that there is no place in the world where they may hide; to demonstrate to the free world that where one great democracy stumbles, others may find their footing and rise in its place; Ukraine must turn those cuts in the Putin war machine into hemorrhages.
Feb 28, 2024 12:42 PM EST
Five Tax-Savvy Moves to Kickstart Your New Year Right
The key to successful tax planning is staying informed and being proactive. So, why not add these tips to your New Year's resolutions?
Feb 28, 2024 12:30 PM EST
Bitcoin's $60K Breakthrough: Is $100K on The Horizon?
Can Bitcoin reach $100,000? Only time will tell. However, given its recent performance and the bullish sentiment surrounding it, it's certainly a possibility.
Feb 28, 2024 12:17 PM EST
Khan Claims Blocking Nvidia-Arm Deal Proves Stronger FTC, Raises Concerns
Chair of the Federal Trade Commission Lina Khan mentioned the rising Nvidia stock price and Arm as an illustration of how preventing mergers might spur more creative thinking.
Feb 28, 2024 6:20 AM EST
Wendy's Considers Surge Pricing Like Uber
Wendy's, the popular fast-food chain, is exploring the possibility of introducing dynamic pricing, akin to surge pricing used by ride-sharing services like Uber, to its menu.
Feb 28, 2024 5:49 AM EST
Macy's Slashes Locations in Big Retail Restructuring
In an attempt to revitalize its company and stave off an activist investor takeover, Macy's said on Tuesday that it will eliminate about 150 underperforming shops over the next three years.
Feb 28, 2024 12:25 AM EST
Latest Numbers Paint Brighter Picture for US Economy
According to a study issued on Monday, the U.S. economy is expected to do far better this year than business experts were predicting only a few months ago.
Feb 27, 2024 6:30 PM EST
Bitcoin Breaches $56,000, Highest Level in Two Years, Triggers Market-Wide Surge
The largest cryptocurrency in the world by market capitalization, Bitcoin, continued its upward trend in Asian trade on Tuesday, hitting a two-year high of almost $56,000 and boosting the whole cryptocurrency market amid encouraging market developments and purchases from bulls.
Feb 27, 2024 5:11 PM EST
The Ultimate Guide to Winning the 2024 Tax Season Game
What if I told you that one of the most polarizing figures in recent history, Donald Trump, managed to dance around this inevitability?
Feb 27, 2024 3:39 PM EST
Unlock Your Fortune: Top Tax-Saving Secrets to Keep More Money in Your Pocket in 2024
Taxes might seem daunting, but with these strategies, you can become a tax-saving maestro. Remember, every dollar saved on taxes is another dollar in your pocket.
Feb 27, 2024 11:01 AM EST
Americans Spend Record Share of Income on Food Since 1991
Americans are spending more of their money on food than they have in the last thirty years, between restaurants and grocery.
Feb 27, 2024 7:04 AM EST
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