Month: December 2020

CNBC’s Jim Cramer said Wednesday he believes there is “rabid money” interested in upcoming technology IPOs, but he urged young investors not to chase after DoorDash once the third-party delivery company goes public. “When people know the brand, the younger inventors just say, ‘You know what, get me some,'” Cramer said on “Squawk on the Street,” “DoorDash
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A report by the Proceedings of the National Academy of Sciences has explored the geography of insecure water access across the United States, remarking that safe, reliable, and equitable water access is a fundamental human right that proves critical to both health and livelihoods. Interestingly, the U.S. still has major problems when it comes to
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If you are considering large gifts and you’re able to use your IRA, there’s no more tax-efficient … [+] gift you can make. getty Every December, our attention turns to holiday celebrations and gift-giving, and while the pandemic may impact family gatherings in 2020, it’s still a wonderful time of year. It’s also a natural
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Bill Gates, Microsoft founder, at the discussion “Innovation potential in Africa, in Berlin, Germany. picture alliance | Getty Images Women are vital to ensuring finances — and financial education — trickle down to other parts of society, said billionaire philanthropist Bill Gates. Governments and businesses serious about giving all members of society access to financial services
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Unlike airlines and hotels, cruise ships are having a hard time getting business restarted this year. Now even one so-called “cruise to nowhere” has found itself curtailed. Royal Caribbean’s Quantum of the Seas passenger cruise ship cut short its four-day itinerary on Wednesday, returning to Singapore a day early after an 83-year-old male passenger tested
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Treasury Secretary Steven Mnuchin listens to a question during a House Financial Services Committee hearing on “Oversight of the Treasury Department’s and Federal Reserve’s Pandemic Response” in the Rayburn House Office Building in Washington, December 2, 2020. Greg Nash | Pool | Reuters The decision by Treasury Secretary Steven Mnuchin not to extend the funding
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Coca-Cola bottles are seen in this illustration photo taken in Krakow, Poland on October 8, 2020. … [+] (Photo Illustration by Jakub Porzycki/NurPhoto via Getty Images) NurPhoto via Getty Images Tax Notes legal reporter Ryan Finley discusses the IRS’s major victory in the Coca-Cola case and its future implications for transfer pricing cases. This post has been edited
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Joby air taxi eVTOL demonstrator. After more than six years of secret development, Joby Aviation lifts the lid on its innovative eVTOL air taxi program. Source: Joby Aviation The air taxi business is at least a couple of years from taking off, but it’s already seeing consolidation among start-ups. California-based Joby Aviation, which is developing
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Adam Jeffery | CNBC Wealthfront has named former Federal Deposit Insurance Corporation head Sheila Bair and ex-Comptroller of Currency Thomas Curry to an advisory group created to help the fintech firm push further into financial services, CNBC has learned. Bair is best known for steering the FDIC through the 2008 financial crisis, pushing back against
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Twitter CEO and Co Founder, Jack Dorsey addresses students at the Indian Institute of Technology (IIT), on November 12, 2018 in New Delhi, India. Amal KS | Hindustan Times | Getty Images The Covid-19 pandemic has prompted some advocates to call for providing Americans with guaranteed monthly income to help them get back on their
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