Buffett-backed digital bank Nubank to launch its own cryptocurrency in Brazil

In this article NUN-MX Follow your favorite stocksCREATE FREE ACCOUNT Jakub Porzycki | NurPhoto | Getty Images The Brazilian digital banking startup Nubank will launch its own cryptocurrency in the country next year, marking the latest move into digital assets by a large financial institution. Nubank said Wednesday it will launch the token, called Nucoin,…

Why pickleball has Tom Brady and LeBron James investing

In this article NKE ADS-DE Follow your favorite stocksCREATE FREE ACCOUNT Pickleball is the fastest-growing sport in America, with over 4.8 million people playing the game. However, its rapid growth has caused some growing pains, stemming from competing professional leagues, managing hundreds of tournaments, a lack of courts to meet demand and channeling the flood…

Procter & Gamble’s earnings beat as higher pricing offsets drop in volume

In this article PG Follow your favorite stocksCREATE FREE ACCOUNT Containers of Tide detergent on grocery store shelves. Richard Levine | Corbis | Getty Images Procter & Gamble on Wednesday reported quarterly earnings and revenue that topped analysts’ estimates as higher pricing helped offset lower demand for its products and currency headwinds. The maker of…

IRS: Here are the new income tax brackets for 2023

Andersen Ross | Blend Images | Getty Images Amid soaring inflation, the IRS on Tuesday announced higher federal income tax brackets and standard deductions for 2023. The agency has boosted the income thresholds for each bracket, applying to tax year 2023 for returns filed in 2024. These brackets show how much you’ll owe for federal…

‘Know your worth’ — 33% of job seekers said they wouldn’t even go to a job interview without seeing the salary first

Workers are pushing for greater pay transparency, whether employers like it or not. Such conversations around income expectations used to be “the elephant in the room,” said Vicki Salemi, career expert at Monster.com. Now, 33% of job seekers said they would not even go to a job interview without first knowing the salary the employer…

Rarely-humbled Goldman Sachs concedes missteps in plan to take on megabanks in retail finance

In this article AAPL WFC BAC JPM GS Follow your favorite stocksCREATE FREE ACCOUNT David Solomon, Goldman Sachs, at Marcus event Goldman Sachs CEO David Solomon is reining in his ambition to make the 153-year-old investment bank a major player in U.S. consumer banking. After product delays, executive turnover, branding confusion, regulatory missteps and deepening…

Netflix’s message to shareholders: Focus on revenue and profit, not subscriber adds

In this article NFLX Follow your favorite stocksCREATE FREE ACCOUNT Netflix logo Mario Tama | Getty Images News | Getty Images Netflix has a message for investors: start focusing on revenue and profit, and stop obsessing about subscriber growth. Netflix made its argument with several pointed comments in its quarterly shareholder letter. The world’s largest…

Adobe stock jumps on estimates for next year as strong dollar cuts into growth

In this article ADBE Follow your favorite stocksCREATE FREE ACCOUNT Adobe shares rose as much as 4% late on Tuesday after the software maker issued guidance for the next fiscal year that fell short of expectations, but blamed some of the shortfall on a stronger dollar and unfavorable foreign exchange rates. For the 2023 fiscal…

The student debt forgiveness application is live online: Here’s how to apply

Following a successful beta test over the weekend, President Joe Biden announced on Monday the student debt forgiveness application is now live. You can visit the Federal Student Aid website to apply for up to $20,000 of student debt relief. Individuals who earned under $125,000, or households that made under $250,000, in 2021 or 2020…

Scammers are ‘on the move’ now that the student loan forgiveness application is live, warns FTC. Watch out for 5 red flags

Win-initiative/neleman | Stone | Getty Images The Biden administration officially launched the application for federal student loan forgiveness Monday — and scammers are already “on the move” to capture borrowers’ money and personal information, the Federal Trade Commission warned Tuesday. Tens of millions of Americans are eligible for debt cancellation. Borrowers may qualify for cancellation…