By Luc Olinga Voyager Digital just abruptly halted fund withdrawals, while BlockFi struck a deal with a potential savior. Two more. The carnage continues in the crypto industry. Two days after Singapore hedge fund Three Arrows Capital (3AC) was forced …
Coinbase Tries to Fight Really Bad News With Good News
By Rob Lenihan The platform denies selling proprietary customer data and announces it is expanding into several European countries. Coinbase Global (COIN) – Get Coinbase Global Inc Report is having a wild week. The cryptocurrency exchange platform conf…
Steve Jobs Gets Posthumous Award From President Joe Biden
By Tony Owusu Jobs was one of 17 people to be awarded the Presidential Medal of Freedom. It has been over a decade since Steven Paul Jobs, co-founder of Apple Inc. (AAPL) – Get Apple Inc. Report, died, but his impact on the world is still being recogni…
Amazon Delivers Some Bad News for the Economy
By Veronika Bondarenko Amazon has delayed or scrapped a number of warehouse plans across the country. For several decades, Amazon (AMZN) – Get Amazon.com Inc. Report operated on a model of unfettered growth. Since coming onto the scene in 1994, the e-c…
What is Wells Fargo’s Favorite Bank Stock?
By Dan Weil Second-quarter bank earnings reports likely won’t be so hot, but then the outlook improves, Wells Fargo analysts said. Bank stocks have struggled so far this year, with the KBW Nasdaq Bank stock Index dropping 25%. Second-quarter earnings r…
Cannabis News Week: Only Way to Go Is Up; Governor Breaks Promise
By Tony Owusu Cannabis stocks had a rough first half of the year, but the appetite for marijuana in the U.S. is growing. Cannabis stocks are dropping like BlockFi’s valuation. Cannabis stocks aren’t alone in their decline, of course, as markets have be…
Is It Safe to Take an Uber Right Now?
By Veronika Bondarenko The company has released a new Safety Report detailing sexual assaults and other violent crimes. For as long as Uber (UBER) – Get Uber Technologies Inc. Report has existed (it was founded in San Francisco in 2009), there have bee…
What is the Premium Tax Credit (PTC) and What is Tax Form 8962?
By TurboTax The premium tax credit took effect beginning in the 2014 tax year, and provides tax savings to offset the cost of health insurance, for those who qualify. The premium tax credit came about after the Affordable Care Act in 2009. You must mee…
Mark Zuckerberg Has an Original Idea to Get Rid of Employees
By Luc Olinga The CEO of social media giant Meta is pessimistic about the economy and is looking for ways to keep his company profitable. Times are tough even for the giants of Silicon Valley that are accustomed to big profits. In recent months, the st…
Carnival Cruise Line Staffing Issues Lead to More Cancellations
By Daniel Kline The cruise line has put some of it staffing problems behind it, but one restaurant remains closed although one popular venue has a new menu item. Taking a cruise means eating a lot of food (or at least it does for most people). Just the…