Upgrade CEO Renaud Laplanche speaks at a conference in Brooklyn, New York, in 2018. Alex Flynn | Bloomberg via Getty Images Upgrade, the fintech start-up that turns credit card balances into installment loans, has closed a fundraising round that values the company at $6.28 billion, CNBC has learned. The company raised $280 million in its
milanvirijevic Are financial crises occurring more frequently? There were nearly four decades between the crash of 1929 and the bear market of 1968. Fast-forward to the 21st century — only 20 years passed between three financial crises: the 2001 dot-com crash, the 2008 global financial crisis and in 2020, the Covid-19 pandemic’s economic recession. What
Most people are used to living with debt. Retiring in the red is another story. Maintaining enough cash on hand to cover recurring bills with interest is harder on a fixed income and adds another obstacle to the challenge of living comfortably. And yet, 46% of all Americans expect to retire in debt, according to
Today, Representative Nancy Mace (R-SC) released the States Reform Act, which would deschedule, regulate, and tax cannabis products with a novel federal excise tax design—based on quantities and predefined categories, not dissimilar from how the federal government taxes alcohol and tobacco. Rep. Mace’s bill would impose a tax of 3 percent on the removal price
The Wall St. sign is seen near the New York Stock Exchange (NYSE) in New York City, May 4, 2021. Brendan McDermid | Reuters Wall Street is set to see the highest bonuses since the Great Recession after a busy and profitable 2021, according to a report from pay consultancy Johnson Associates. Booming deal activity,
The Largest U.S. Auto Retailer and a Globally Diversified Financial Company Worth Considering Visit our website: https://www.zacks.com Visit our Stocktwits account: https://stocktwits.com/ZacksResearch Check out our weekly promotion: https://www.zacks.com/promo If you’re interested in our services, please check out Zacks Ultimate: https://www.zacks.com/ultimate/?adid=YOUTUBE&cid=sm-YOUTUBE
We discuss the hottest IPO of 2021 & EV ETFs poised to benefit from the massive infrastructure bill. Visit our website: https://www.zacks.com Visit our Stocktwits account: https://stocktwits.com/ZacksResearch Check out our weekly promotion: https://www.zacks.com/promo If you’re interested in our services, please check out Zacks Ultimate: https://www.zacks.com/ultimate/?adid=YOUTUBE&cid=sm-YOUTUBE
We discuss the hottest IPO of 2021 & EV ETFs poised to benefit from the massive infrastructure bill. Visit our website: https://www.zacks.com Visit our Stocktwits account: https://stocktwits.com/ZacksResearch Check out our weekly promotion: https://www.zacks.com/promo If you’re interested in our services, please check out Zacks Ultimate: https://www.zacks.com/ultimate/?adid=YOUTUBE&cid=sm-YOUTUBE
Online streamers prepare for the annual Double 11 online shopping festival at Lingu e-commerce industry park on October 27, 2021 in Linyi, Shandong Province of China. Xu Chuanbao | Visual China Group | Getty Images BEIJING — Even as China’s newly rich internet celebrities keep smashing livestreaming sales records, businesses are finding other strategies that
Mark Cuban has some simple advice for any entrepreneur looking to pitch investors: Read the room. It’s been one of Cuban’s favorite pieces of guidance since he was 22 years old, when a mentor pushed him to “listen more.” And on Friday’s episode of ABC’s “Shark Tank,” Cuban gave some similar advice to an entrepreneur
Ben Hasty | MediaNews Group/Reading Eagle | Getty Images Thinking of quitting your job soon? It may help you find a better gig. Many Americans are leaving their current employers in hopes of finding better jobs. In September, a record 4.4 million Americans quit their jobs, eclipsing the previous high set in August. At the
After many sleepless nights, months of planning, and years of hard work, you’re finally ready … it’s time to take the leap and start your small business! Now, we know tax payments are probably the last thing you want to think about right now but trust us — filing small business taxes for the first
Chinese President Xi Jinping shakes hands with U.S. Vice President Joe Biden (L) inside the Great Hall of the People in Beijing December 4, 2013. Lintao Zhang | Reuters BEIJING — U.S. President Joe Biden and Chinese President Xi Jinping kicked off a virtual meeting on Tuesday with a positive tone and cordial remarks. Biden
This holiday season is supposed to be the best ever but which retailers will be cashing in on the shopping frenzy? Visit our website: https://www.zacks.com Visit our Stocktwits account: https://stocktwits.com/ZacksResearch Check out our weekly promotion: https://www.zacks.com/promo If you’re interested in our services, please check out Zacks Ultimate: https://www.zacks.com/ultimate/?adid=YOUTUBE&cid=sm-YOUTUBE
Ben Rains takes a look at where the market stands halfway through November. The topic then shifts to Best Buy (BBY) and Dollar Tree (DLTR) ahead of their upcoming earnings releases next week to see if either retail stock might be worth buying. (0:15) – Stock Market Update: Everything You Need To Know (3:00) –
Pedestrians carry Macy’s shopping bags in San Francisco, California, U.S., on Thursday, Sept. 16, 2021. David Paul Morris | Bloomberg | Getty Images Economists predict a boom in October’s retail sales, aided by rising gasoline prices and early holiday shopping. Retail sales are expected to rise 1.5%, up from September’s 0.7% gain, according to economists
In this article LCID Electric vehicle start-up Lucid on Sept. 28, 2021 said production of its first cars for customers has started at its factory in in Casa Grande, Arizona. Lucid Shares of Lucid Group jumped by more than 5% during afterhours trading after the electric vehicle start-up announced a notable increase in vehicle reservations
Elizabeth Holmes, founder and former CEO of Theranos, arrives for motion hearing on Monday, Nov. 4, 2019, at the U.S. District Court House inside Robert F. Peckham Federal Building in San Jose, California. Yichuan Cao | NurPhoto | Getty Images SAN JOSE, CALIF. — A defense attorney for Theranos CEO Elizabeth Holmes lashed out at
Morsa Images | E+ | Getty Images After a year of double-digit stock market growth, investors may be looking to cash in some gains from brokerage accounts. And some filers may take profits without a tax bill, even with a six-figure income, experts say. “A lot of people aren’t aware there’s a 0% tax rate
RyanJLane Fewer than 1 in 5 women — 15% — worked for employers that provided emergency paid leave during the Covid-19 pandemic, according to research from Transamerica Center for Retirement Studies. In contrast, 22% of male workers had access to this benefit, which includes sick time and family and medical leave. The results are based