Maskot | DigitalVision | Getty Images Gen Z is one of the most entrepreneurial generations in history. More than half of Gen Zers who participated in a recent EY study said they hoped to own their own business in the next 10 years. However, as every seasoned entrepreneur knows, starting your own company comes with
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In this article CATL-SG Easy credit is becoming less available in China’s real estate market, but CapitaLand Group’s Andrew Lim says fiscally prudent firms could stand to benefit. “In the current climate where other companies may be more fiscally challenged without access to credit, we’re now in the position to sort of level the playing
The world was mesmerized by U.S. swimmer Caeleb Dressel during his triumphant performances at the Tokyo Olympics. While his events might be over in Tokyo, don’t count him out for the Paris Olympics in 2024. “I very much would like to make the team, but got to get put on the team first,” said the
In this article LYFT Signage for Lyft is seen displayed at the NASDAQ MarketSite in Times Square in celebration of its initial public offering (IPO) on the NASDAQ Stock Market in New York, U.S., March 29, 2019. Shannon Stapleton | Reuters Lyft reported second quarter financial results after-the-bell Tuesday, easily beating on both the top
U.S. stock futures fell slightly on Tuesday night after the S&P 500 rose to another fresh record during the regular session. Dow Jones Industrial Average futures fell 33 points, or 0.09%. S&P 500 and Nasdaq 100 futures dipped 0.09% and 0.03%, respectively. A strong earnings season continued after the bell Tuesday with Lyft and Caesars
DNY59 | iStock | Getty Images Americans added nearly $4 trillion to their savings during the pandemic, but most of the gains went to the wealthy, according to a new study. Stimulus checks, rising stock markets and fewer spending choices led to a massive savings boom over the past year, with Americans saving about $3.7
SpaceX rolls out Super Heavy Booster 4 in preparation for the company’s first orbital Starship launch. Elon Musk SpaceX on Tuesday rolled out the rocket booster that the company plans to use to launch the first Starship orbital flight, and Elon Musk shared photos of the enormous vehicle. A look inside SpaceX’s high bay after
ArtMarie | E+ | Getty Images ‘Vaccine hesitancy’ has become a popular term as public officials urge unvaccinated Americans to protect themselves against the latest Covid-19 outbreak. Now it turns out there’s also another uncertainty — ‘tax hesitancy’ — that is taking hold among some parents over the expanded monthly child tax credit payments. The
When the world shut down in March of 2020 and students were stuck at home for months, it gave them time to rethink their career paths. And for some recent graduates, a traditional nine-to-five job wasn’t the answer. Some entrepreneurial students looked at the accelerated adoption of digital technologies, the flexibility of remote work, and
No-Mad | iStock | Getty Images The Biden administration is expected to announce a new federal eviction moratorium on Tuesday, according to a source familiar with the matter. The eviction ban will be targeted at areas of the country experiencing high levels of coronavirus infections. The protection will last for 60 days until Oct. 3,
You’ll never guess which stock is up 346% in the last year.
Reese Witherspoon attends the 2020 Vanity Fair Oscar Party hosted by Radhika Jones at Wallis Annenberg Center for the Performing Arts on February 9, 2020, in Beverly Hills, California. Gregg DeGuire | FilmMagic | Getty Images For Reese Witherspoon, selling her media company Hello Sunshine was just the next step in bringing more female-led film
Nikola Motor Company Source: Nikola Motor Company Electric vehicle start-up Nikola Corp. reported a narrower-than-expected loss for the second quarter, as the company continues vehicle validation testing and progresses toward delivering its first trucks to customers. Here’s how Nikola did compared with what Wall Street expected based on average estimates compiled by Refinitiv. Adjusted results:
In this article AAL TTWO CLX UAA HOOD People wait in line for t-shirts at a pop-up kiosk for the online brokerage Robinhood along Wall Street after the company went public with an IPO earlier in the day on July 29, 2021 in New York City. Spencer Platt | Getty Images News | Getty Images
For decades, billionaire investor Ray Dalio has rubbed elbows with some of the most successful people in the world. Along the way, he’s learned a thing or two — including a habit that the “who’s who” (as he calls them) are just better at than the average person. “By and large,” Dalio tells CNBC Make
Gary Gensler, chairman of the Commodity Futures Trading Commission (CFTC), speaks during a Senate Banking Committee hearing in Washington, D.C., U.S., on Tuesday, July 30, 2013. Andrew Harrer | Bloomberg | Getty Images The head of the SEC says that crypto assets need a lot more regulation before they can move forward. Speaking at the
Sen. Rob Portman, R-Ohio, left, and Sen. Kyrsten Sinema, D-Ariz., speak at a July 28, 2021 news conference in Washington, D.C. Stefani Reynolds | Bloomberg | Getty Images As U.S. Senators hammer out the $1 trillion bipartisan federal infrastructure bill, a provision in the measure seeks to raise funds with a crackdown on cryptocurrency tax reporting.
d3sign | Moment | Getty Images A Senate infrastructure measure unveiled this week would pull $31 billion from a Covid disaster-loan program for businesses. The Economic Injury Disaster Loan program was one of the mechanisms Congress used to help ailing businesses stay afloat during the pandemic. It was initially plagued by issues such as delays
With several states contemplating legalization of recreational marijuana, and federal lawmakers starting the process of federal descheduling, it is a good time to examine the tax implications of legalization. Taxes play a crucial role in the success of marijuana reform, as competitive prices in a licensed market are key to convert illicit consumption to the