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Tether has long faced questions over whether it has enough assets to justify its peg to the dollar. Tiffany Hagler | Bloomberg via Getty Images Tether, the world’s largest stablecoin, regained its peg to the dollar after more than $3 billion worth of tokens left the system in a single day. The cryptocurrency — which…
Like most employees, Tony Fadell used to silently rejoice when his boss went on vacation. Then, Fadell joined Apple in 2001 and realized that Steve Jobs’ downtime was different than most bosses’ vacations. On a recent podcast episode of “The Tim Ferriss Show,” Fadell – known as the inventor of the iPod and co-creator of…
Gorodenkoff | Istock | Getty Images If you’re happily saying “I do” this year, be aware that the IRS can be a real buzzkill. While many couples end up paying less in taxes after tying the knot, some face a “marriage penalty” — meaning they end up paying more than if they had remained unmarried…
Redbox Entertainment is the subject of a bid from Chicken Soup for the Soul.
Loading chart… Tellurian Inc: “For younger people out there, listen to me. I want you to spend five bucks and buy this.” Loading chart… BigCommerce Holdings Inc: “I can’t play ball on that one.” Loading chart… Block Inc: “They did a very good job [in their latest quarter].” Loading chart… Regal Rexnord Corp: “I’m not…
In this article TWTR AFRM HOOD TOST MSTR Check out the companies making headlines before the bell: Twitter (TWTR) – Twitter tumbled 14.6% in premarket trading after Elon Musk tweeted that his deal to buy the company was “temporarily” on hold, as he awaits details on the number of fake and spam accounts on the…
Whether you’re an entry-level employee or a CEO, you probably need to understand the internet and mobile technology to succeed. Next on that list, says Mark Cuban: artificial intelligence. On a recent episode of “The Colin Cowherd Podcast,” hosted by Fox Sports anchor Colin Cowherd, the billionaire – whose first venture was a computer consulting…
Inflation dropped slightly in April, yet it’s still close to a 40-year high, with consumer prices rising at an annual rate of 8.3%. Rising costs for housing, food, airfares and new cars were the biggest contributors to that key gauge of inflation. The typical American family is spending about $450 more per month for goods…
In light of high inflation and rising prices, the Biden administration announced it’s considering dropping its current tariffs on Chinese imports to ease inflationary pressures. The tariffs have indeed hurt both U.S. industry and workers. Another consequence of the U.S. imposed tariffs is that they invited retaliatory tariffs, primarily from China, on U.S. exports. Retaliatory…
Zebra Technologies chief executive Anders Gustafsson told CNBC’s Jim Cramer on Friday that while the company has seen freight costs come down, shortages of components like semiconductor chips continue to cause issues. “Over the past two years, we’ve seen kind of a migration of some of the issues. Now, it started off with freight being…
In this article TWTR AFRM HOOD Traders work on the floor of the New York Stock Exchange. NYSE Check out the companies making headlines in midday trading. Twitter — Shares of the social media platform slid 8% after Elon Musk said his take-private deal is on hold until he receives more information about how many fake accounts…
alfexe | iStock | Getty Images Filers won’t be affected by the IRS decision to destroy data for millions of taxpayers, the agency said in a statement Thursday. The IRS tossed an estimated 30 million so-called paper-filed information returns in March 2021, according to an audit by the Treasury Inspector General for Tax Administration. The…