Getty The United States may be taking a hard line on cryptocurrency, but not all countries are seeking to collect from the virtual currency boom. The Portuguese Tax & Customs Authority (PTA) has announced that buying or selling cryptocurrency in Portugal is tax-free. The announcement came at the same time that the Internal Revenue Service (IRS)
Month: September 2019
Share to facebook Share to twitter Share to linkedin “The Collages for the Esplanade Apartments” by Chicago-based artist, Assaf Evron. Peter McCullough In conjunction with EXPO CHICAGO and the Chicago Architecture Biennial, Israeli-born, Chicago-based artist Assaf Evron has unveiled The Collages for the Esplanade Apartments, a temporary site-specific work mounted on the facade of an
Rivian delivery truck for Amazon Amazon handout 2019 Jeff Bezos said Amazon has ordered 100,000 electric delivery vehicles from start-up Rivian Automotive in a push to make the company’s fleet run entirely on renewable energy. The order which was confirmed via tweet by David Clark, Amazon’s senior vice president of operations is the largest order for electric
General Mills’ Cheerios for sale on a store shelf. Lisa Baertlein | Reuters Cheerios maker General Mills Inc’s quarterly sales fell short of Wall Street estimates on Wednesday, hit by weak demand for its baking products and snacks in the United States and challenges in key emerging markets such as Brazil and India. The company,
British pounds Matt Cardy | Getty Images The British pound jumped on Thursday after European Commission President Jean-Claude Juncker said he is confident a Brexit deal will get passed before the deadline. “I think we can have a deal,” Juncker said in an interview with Sky News. “I am doing everything to have a deal
Steve Schwarzman speaking at the 2019 Delivering Alpha conference in New York on Sept. 19. 2019. Adam Jeffery | CNBC Steve Schwarzman, Blackstone CEO and one of the world’s best investors, learned early in his career that everyone makes mistakes. His biggest one as an investor was “disastrous.” Speaking Thursday at the Delivering Alpha conference
Source: Twenty/20 College graduates in 2018 are even deeper in debt than prior classes, signalling that the student loan crisis is swelling. Two in 3 college graduates in 2018 had borrowed for their education. The average graduate owed $29,200, up from $28,650 in 2017, according to a report by The Institute for College Access &
Source: Stock.Adobe.com It’s time to start using your “risk-management muscles” again I continue to be astonished about something relating to the stock market, and particularly the S&P 500 Index. Specifically, I am amazed at how much wealth aimed at funding people’s retirement is sitting in vehicles tied to the fate of the broad stock market
New York, United States of America: Facade of the New York Stock Exchange building on Wall Street photo credit: Getty Getty The stock market these days is insane–and taking investors on a financial roller coaster ride. It’s been down 900 points one day, up 250 another day, repeat, repeat, repeat! If you’ve logged into your
Black Friday Prices for Homes Getty Images The week of September 22, 2019 is considered the Black Friday for home sales, with a deal-delivering trifecta of less competition, more price reductions and higher inventory, according to new data from Realtor.com. According to the report, buyers will have 26 percent less competition and 6.1 percent more
A interview with billionaire debt investor and founder of Oaktree Capital Management, Howard Marks. In this interview Howard discusses the structure of a market cycle and the factors that influence its rise and decline. Howard also talks about where we are in the current market cycle and the history of market cycles. ???? Books by
Do you prefer reading an e-book or a physical version? It might be a surprise, but for most people, old school print on paper still wins. Publishers of books in all formats made almost $26 billion in revenue last year in the U.S., with print making up $22.6 billion and e-books taking $2.04 billion, according
Shantanu Narayen, CEO of Adobe, attends a media event in Mumbai on May 3, 2017. Abhijit Bhatlekar | Mint | Hindustan Times | Getty Images Adobe shares fell as much as 4% on Tuesday after hours, as the company reported better-than-expected fiscal third quarter earnings and soft quarterly guidance. Here’s how the company did: Earnings:
A visual representation of a cryptocurrency coin on display in front of the logos for Facebook and Libra. Chesnot | Getty Images Policymakers around the world have upped the pressure on libra, the digital currency being introduced by Facebook, amid concerns it could heavily disrupt the global financial system. On Tuesday, European Central Bank board
Jerome Powell, chairman of the U.S. Federal Reserve, speaks during a news conference following a Federal Open Market Committee (FOMC) meeting in Washington, D.C., on Wednesday, July 31, 2019. Andrew Harrer | Bloomberg | Getty Images Federal Reserve Chairman Jerome Powell shut down the notion that the Fed would use negative rates as a tool
JohnnyGreig | E+ | Getty Images While a gym workout can be a lot of fun, the cliche “no pain, no gain” is also true. The same goes with finances. Savers and investors who want secure financial futures tomorrow often have to face painful financial facts today — and it can fall to financial advisors
For consumers, lower rates do mean cheaper loans, which can impact your mortgage, home equity loan, credit card, student loan tab and car payment. On the flip side, consumers likely will earn less interest on their savings accounts, and in some cases, lose buying power over time. Here’s a breakdown of how it works: Credit
Let’s brush aside some financial noise today, as I’d like to show you the best retirement investment you can make. I’m talking about secure dividends that’ll grow every year, fund your regular expenses today, plus grow your capital so you don’t have to ever worry about running out of money. You won’t have to worry
California Gov. Gavin Newsom signed a sweeping new law that could force gig companies like Uber and Lyft to reclassify their workers as employees. Yet even before he signed the bill into law, it was already clear that lawsuits will abound. On September 11, 2019, Uber’s top lawyer announced that new law or not, Uber will not treat its
New indoor/outdoor food hall, the SteelCraft Bellflower, is created from 14 repurposed cargo containers. Studio One Eleven BELLFLOWER, Calif. – Architecture, urbanism and landscape-design firm, Studio One Eleven recently completed an innovative commercial real estate project, transforming discarded shipping containers into a robust al-fresco food hall in downtown Bellflower, California. Bellflower is considered a “first-ring” suburb of
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