Bitcoin tumbles to its lowest in nearly 2 years; Solana drops another 40%

In this article SOL.CM= Follow your favorite stocksCREATE FREE ACCOUNT Bankruptcy filings from Celsius and Voyager have raised questions about what happens to investors’ crypto when a platform fails. Rafael Henrique | Sopa Images | Lightrocket | Getty Images Cryptocurrencies extended their slide for a second day Wednesday as the market absorbed the potential collapse…

Voters approve higher minimum wage in Nebraska and Washington, DC. Votes still being tallied in Nevada

Activists demonstrate in support of a $15-per-hour minimum wage and tips for restaurant workers in Washington, D.C. on Feb. 8, 2022. Mandel Ngan | AFP | Getty Images Voters in both Nebraska and the District of Columbia on Tuesday approved higher minimum wages, while the results in a similar Nevada ballot measure are still pending….

As a key deadline looms to claim 2021 tax credits, Republicans complain of ‘suspicious timing’ of IRS letters

Charnsitr | Istock | Getty Images Certain tax credits were made temporarily more generous in 2021. For certain people, there still may be time to claim the money, which may add up to thousands of dollars — but some politicians aren’t happy the IRS just reminded Americans about the cash. The federal agency recently sent…

Maryland Court Strikes a Blow to Digital Advertising Taxes

As Maryland’s elected comptroller, Peter Franchot (D) is technically the defendant in two cases challenging the state’s first-in-the-nation digital advertising tax, whether he likes it or not. These days, he doesn’t seem too happy about it. In a statement issued after a Maryland circuit court ruled against the tax on three separate grounds, Franchot said…

How High Are Taxes on Recreational Marijuana in Your State?

Note: Originally published on November 8th, this post has been updated to reflect the results of recent cannabis tax ballot measures. Recreational marijuana taxation is one of the hottest policy issues in the U.S. Currently, 21 states (Alaska, Arizona, California, Colorado, Connecticut, Illinois, Maine, Maryland, Massachusetts, Michigan, Missouri, Montana, Nevada, New Jersey, New Mexico, New York,…

Sweetgreen shares tumble after salad chain lowers revenue outlook

In this article SG Follow your favorite stocksCREATE FREE ACCOUNT A worker wears a Sweetgreen Inc. hat while preparing food inside the company’s restaurant in Boston, Massachusetts. Adam Glanzman | Bloomberg | Getty Images Shares of Sweetgreen fell 10% in after-hours trading on Tuesday after the salad chain reported a wider-than-expected loss and lowered its…

Disney misses on profit and key revenue segments, warns streaming growth could taper

In this article DIS Follow your favorite stocksCREATE FREE ACCOUNT Bob Chapek, Disney CEO at the Boston College Chief Executives Club, November 15, 2021. Charles Krupa | AP Disney fell short of expectations for profit and key revenue segments during the fiscal fourth quarter Tuesday and warned strong streaming growth for its Disney+ platform may…

Stocks making the biggest moves midday: Lyft, Tripadvisor, Take-Two Interactive and more

In this article TTWO TRIP LYFT Follow your favorite stocksCREATE FREE ACCOUNT The TripAdvisor Inc. application is seen in the App Store on an Apple Inc. iPhone. Andrew Harrer | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Lyft — Shares of Lyft plummeted 22.9% after the company’s earnings report…

Kevin O’Leary: Do this for 1 hour every morning, or ‘you will lose money 100% of the time’

Kevin O’Leary’s daily money-saving morning habit sounds simple — but isn’t, the “Shark Tank” host and chairman of O’Shares Investments tells CNBC Make It. After waking up between 5:00 and 5:30 a.m and working out, O’Leary spends one hour reading the news. He sources research from banks, reads articles and watches broadcasts from around the…

Op-ed: Here’s a year-end checklist to help you navigate some complicated financial issues

Westend61 | Westend61 | Getty Images The end of the year is one of the most important times for investors because there are so many decisions to make that impact their overall financial planning. This time around, the year’s end is marked with a lot of financial challenges, including inflation, market volatility, domestic political uncertainties…

Winning ticket for Powerball’s record $2.04 billion jackpot sold in California — here’s what will go to taxes

Anadolu Agency | Anadolu Agency | Getty Images The $2.04 billion Powerball jackpot has a winner — well, two, if you count Uncle Sam. A single ticket sold in California matched all six numbers pulled in the delayed drawing, which was held Tuesday instead of Monday night due to one state needing additional time to…

Tax Filing 101: 7 Things That Can Impact Your Tax Refund

It’s time to review some important tax basics before the upcoming tax season. Here are seven things to remember when e-filing your federal income tax return this year — and how each could impact your refund amount. 1.       Life events As you go through the e-filing process, TaxAct® provides a sneak peek of your estimated…