DoubleLine Capital CEO Jeffrey Gundlach on Monday warned that bitcoin could be getting overheated after its massive run in recent months. “I don’t like bitcoin here. I don’t like things that are up on a stilt like that,” the so-called Bond King said on CNBC’s “Halftime Report.” “Bitcoin, to me, is now sort of in
StefaNikolic | E+ | Getty Images Holders of cryptocurrency have more than price volatility to worry about this year. The taxman wants to know about your trading activity. Bitcoin hit fresh highs during the weekend, creeping toward $42,000 on Jan. 8. However, its value tanked on Monday amid a sell-off in cryptocurrencies, and bitcoin’s value
A party store saleswoman shows us a critical flaw in our retirement planning. getty Suzy rings up another customer in a party supply store. Surrounded by bright, bouncing balloons celebrating everything from anniversaries to birthdays, Suzy scans a bag of blue plastic spoons while speaking to a friend. Leaning across the checkout counter between bouquets
The Free Application for Federal Student Aid (FAFSA) has different rules concerning which parent(s) are responsible for completing a dependent student’s FAFSA and who is considered a dependent of the parent on the FAFSA. These rules are changing, starting with the 2023-2024 FAFSA. The Consolidated Appropriations Act, 2021 changed the rules as part of an
Real estate can be a fluid industry that adapts and evolves quickly. However, there will always be a handful of problems in such a dynamic sector that investors have to navigate. The challenges that investors face in the real estate market can impact their business significantly. With uncertainty in other sectors of the economy, dealing
A flight attendant gathers trash on a flight aboard a Boeing 737 Max from Dallas Fort Worth Airport to Tulsa, Oklahoma, December 2, 2020. Carlo Allegri | Reuters The head of the Federal Aviation Administration on Saturday said travelers will face serious consequences for unruly behavior on aircraft, a stern warning that comes after several
Pedestrians seen walking past Canadian athletic apparel retailer Lululemon in Shanghai. Alex Tai | SOPA Images | LightRocket | Getty Images Lululemon said Monday it’s now expecting earnings and sales for the fourth quarter to come in at the high end of its prior outlook, thanks to strong performance during the holidays. Ahead of virtual
Take a look at some of the biggest movers in the premarket: Twitter (TWTR) – Twitter shares are falling sharply in premarket trading after the company permanently suspended President Donald Trump’s account. Twitter said it took the action due to the risk of further incitement of violence. Shares of Twitter were down 6.7% in premarket
Usually, it’s older travelers who go south for the winter months. But in the age of the pandemic, more younger travelers are riding out the cold weather in locations that are warmer and trendier than home. A new type of ‘snowbird’ “Snowbirds” is the term used to describe seasonal travelers who migrate to warmer climates
LeBron James of the Los Angeles Lakers at a game against the LA Clippers at ESPN Wide World Of Sports Complex on July 30, 2020 in Lake Buena Vista, Florida. Mike Ehrmann | Getty Images In a search for revenue, state tax departments have set their sights on a tempting target: professional athletes. “If you’re
When my son was younger (say around 10 years old) and had money in his pocket, the toy aisle was the most stressful place in the world. Should he get the LEGO set or the Nerf gun? Or the hundreds of other flashy toys in front of him? The risk of wasting his limited resources on a
A series of strategies for tax-wise investors. Table of Contents. Entrepreneurs (Photo by Tom Munnecke) Getty Images To help entrepreneurs, Congress has granted a tax exemption on capital gains from small companies. Small here is defined as having no more than $50 million in assets when an investor buys in. The deal is codified in
Managing Partner, Capital Markets at PIA Residential. getty Cap rates are more formally known as asset capitalization rates and are important for commercial real estate analysis. I’d like to shed a light on cap rates — and the way they are used and manipulated. Cap rates contain both positive and negative qualities, and while they can
Moviegoers wear face masks in a screening hall at a cinema almost six months after its closure due to the coronavirus pandemic on July 24, 2020 in Beijing, China. China News Service | China News Service | Getty Images In a year marred by a deadly global pandemic, Japan’s box office set a new record.
Jamie Dimon, chief executive officer of JPMorgan Chase & Co., second left, listens during a House Financial Services Committee hearing in Washington, D.C., U.S., on Wednesday, April 10, 2019. Andrew Harrer | Bloomberg | Getty Images JPMorgan Chase and Citigroup were among the first major financial firms to say they will pause political action committee
Rachel Bozarth and her family have frozen their spending on non-essential items for the month of January. Source: Rachel Bozarth Rachael Bozarth is taking some drastic measures to attack her debt. The 32-year old mother of five has pledged to freeze all of her non-essential spending for the month of January. “I need to retrain
UNDATED FILE PHOTO: Country singer and songwriter Johnny Paycheck (C) holds a teamsters union sign … [+] while joining a group of striking bookbinders in this photo from 1977. (Photo by Getty Images) Getty Images Do you have enough money to tell your boss, as singer Johnny Paycheck would say, “Take this Job and Shove
A series of strategies for tax-wise investors. Table of Contents 529 getty Earnings on a college savings account escape income tax if withdrawals are used for the right purposes (including tuition, room and board). There is also an estate-tax angle: A grandparent can preclaim five years of gift tax exclusion to park $75,000 per youngster
Clinton Kelly is HGTV’s newest host. Getty Images HGTV’s newest show has an extra dose of style and a whole lot of inspiration. Self-Made Mansions, which premiers January 8th at 8:00 pm features lifestyle expert and former co-host of ABC’s The Chew and TLC’s What Not To Wear Clinton Kelly helping to guide entrepreneurs in their search for the perfect home.
Store signs from CVS, Rite Aid and Walgreens stores. Getty Images CVS Health, Walgreens and Rite Aid are getting ready to administer Covid vaccinations in the months ahead, and this effort will give the three largest drugstore chains a chance to show off the work that’s been underway to revamp their businesses and respond to