Jack Dorsey creator, co-founder, and Chairman of Twitter and co-founder & CEO of Square arrives on stage at the Bitcoin 2021 Convention, a crypto-currency conference held at the Mana Convention Center in Wynwood on June 04, 2021 in Miami, Florida. Joe Raedle | Getty Images Twitter shares rose as much as 9% in extended trading
admin
In this article INTC SNAP TWTR SAM SKX The Twitter logo is displayed on a smartphone screen on April 14, 2021. NurPhoto | NurPhoto | Getty Images Check out the companies making headlines after the bell: Twitter — Shares of Twitter jumped more than 4% after hours following a strong quarterly earnings report. The social
Elon Musk is “pro nuclear.” So said Musk on Wednesday while talking about making bitcoin mining sustainable at at The B-Word conference hosted by the Crypto Council for Innovation. Nuclear energy is considered “clean energy” because generating nuclear energy does not release greenhouse gasses. But due to some high-profile accidents, legacy nuclear power plants can have
kali9 | E+ | Getty Images Ah, summertime. It’s the perfect time to think about taxes. No, seriously. Some activities and pursuits that are more common during this season also may be things that impact your taxes, the IRS noted recently. And the sooner you evaluate how these endeavors will figure into your tax return
Soaring home prices are making many homeowners wealthier and wealthier. Those with mortgages — about 62% of all properties — saw their equity jump by 20% in the first quarter from a year earlier, according to CoreLogic. That represents an average gain of $33,400 in just that one year period. Altogether, the amount of available,
Imagine contractors adopting the power tools of the F-150 EV and turning heads across America.
These companies have some of the best charts of the week.
In the United States, tobacco is taxed at both the federal and state and sometimes even local levels. These layers of taxes often result in very high levels of taxation—the highest of any consumer item. The retail price of cigarettes, for instance, is more than 40 percent taxes on average. In some states, like Minnesota
Here are the most important news, trends and analysis that investors need to start their trading day: Wall Street looks to extend its rebound rally to Day 3 Another Covid-era low expected for Initial jobless claims AT&T beats estimates for wireless subscriber additions on 5G demand American, Southwest airlines see a huge jump in sales
In this article Employees garnish pizza inside a Domino’s Pizza location. Jason Alden | Bloomberg | Getty Images Domino’s Pizza on Thursday reported that its U.S. same-store sales climbed 3.5% in its latest quarter, despite tough comparisons to its skyrocketing sales during lockdowns last year. Shares of the company rose more than 1% in premarket
An illustration showing the cryptocurrency bitcoin with a price chart in the background. STR | NurPhoto via Getty Images Funding for blockchain start-ups topped $4 billion for the first time in the second quarter, despite a sharp slump in cryptocurrency prices. Companies in the nascent industry raised a record $4.38 billion, according to data from
martin-dm | E+ | Getty Images When Covid-19 hit early last year and most travel ground to halt worldwide, would-be vacationers scrambled to get refunds from hotels, airlines, cruise lines and other travel suppliers — or to file travel insurance claims for canceled trips. They often hit a wall on both fronts. Suppliers struggled, or
While sales tax holidays have been politically popular for a long time, they’ve seen a boost with lawmakers in several states this year as a way to share unanticipated surpluses with taxpayers. Although state budgets may be in unusual places this year, sales tax holidays remain the same as they always have been—ineffective and inefficient.
In this article FB CMG Chipotle shares managed to pop double digits Wednesday because of the restaurant chain’s culture, CNBC’s Jim Cramer said. “This company has an extraordinary culture of customer-centric innovation, and that culture has been turbocharged since they hired Brian Nicoll as CEO when Chipotle’s stock was languishing the $200s after a series
Chinese authorities have promoted the use of the yuan worldwide, while the U.S. dollar dominates global transactions. Getty Images BEIJING — When it comes to the investment outlook, one Chinese economist predicts once-a-century opportunities will emerge from a “struggle for supremacy” between the U.S. and China. This game-changing window comes from upheaval on both sides,
A used car dealership is seen in Laurel, Maryland on May 27, 2021, as many car dealerships across the country are running low on new vehicles as a computer chip shortage has caused production at many vehicle manufactures to nearly stop. Jim Watson | AFP | Getty Images True, used-car prices have surged. You may
designer491 | iStock | Getty Images The rollout of the $45 billion in federal rental assistance allocated by Congress has been slow and rocky, but more families are starting to get the relief. Some 290,000 households received the aid in June, up from 160,000 in May and 100,000 in April, according to new figures released
Online brokerage pioneer Thomas Peterffy told CNBC on Wednesday he’s invested in cryptocurrencies, while still expressing skepticism over the long-term future of the digital asset class. “Even I myself have put a little bit of money into crypto, because even though chances are, I think, that this is not going to be a viable market,
Getty Images As the market soars and more older workers retire, those sitting on appreciated employer stock in their 401(k) plans may have an opportunity to pay lower taxes on part of that growth. The strategy, known as net unrealized appreciation, or NUA, allows someone to lock in lower capital gains rates rather than paying
Top infectious disease expert Dr. Anthony Fauci responds to accusations by Sen. Rand Paul (R-KY) as he testifies before the Senate Health, Education, Labor, and Pensions Committee on Capitol hill in Washington, D.C., July 20, 2021. J. Scott Applewhite | Pool | Reuters White House chief medical advisor Dr. Anthony Fauci said fully vaccinated people