How criminals siphoned off unemployment payments directly from recipients’ accounts
Thousands of people who’ve received unemployment have complained that their benefits were stolen from their accounts, according to an analysis by CNBC.
Thousands of people who’ve received unemployment have complained that their benefits were stolen from their accounts, according to an analysis by CNBC.
McCarthy Tetrault | Ana Badour | Jul 6, 2021 On June 10, 2021, the Basel Committee on Banking Supervision (the “Basel Committee”) released a public consultation paper on the prudential treatment of cryptoasset exposures (the “Report”), which we previously discussed in a separate blog post. In the Report, the Basel Committee proposed a framework for
A change to student loan servicing and the debate over forgiveness could lead the White House to extend the payment pause.
Intuit, the company behind popular tax-filing software TurboTax, announced on Thursday that it will no longer participate in the IRS Free File program
Tennis superstar Serena Williams has invested an undisclosed amount in Esusu, a start-up with a mission to boost credit scores of underserved populations.
Certain taxpayers planning to give significant amounts to charity in 2021 may leverage extra retirement account funds to score a bigger write-off.
McKinsey Global Institute | Michael Chui and Anna Bernasek | Jul 14, 2021 The influential economist connects the dots between artificial intelligence, productivity, wages, and inequality, and how to counterbalance the impacts of automation. In this episode of the McKinsey Global Institute’s Forward Thinking podcast, hosts Michael Chui and Anna Bernasek speak with Daron Acemoglu.
Protocol | Biz Carson | Jul 12, 2021 The two firms invested the most money into startups so far in 2021. But how they do it is completely different. Nylas CEO Gleb Polyakov had been following the Silicon Valley playbook for raising money: meet with firms; deal with associates, then partners; and try to clinch
A rise in Covid cases, fueled by the more infectious delta variant, may hamper the economic recovery and cause more layoffs, according to some economists.
The Street | Anuz Thapa | Jul 16 ,2021 Jack Dorsey has announced the creation of a new business under Square (SQ) - Get Report, dedicated to decentralized financial services. The Twitter (TWTR) - Get Report and Square CEO said that the business’ primary focus would be Bitcoin. "Square is creating a new business (joining Seller,
Sifted | Kim Fai Kok | Jul 15, 2021 Even if you don’t have a lot of capital to invest, you can start investing in companies just by giving your time, and gradually transition to investing with your money. Four months ago, I stepped down after a decade at Swedish unicorn Truecaller to become a
After aggressive campaigns to raise the federal minimum wage to $15 per hour, there still is no change on Capitol Hill.
Liquid Avatar Technologies | RJ Reiser | Jul 14, 2021 What if I told you we are on the brink of another boom as big as the .com boom, creating a tectonic shift in how we live, how we do everyday activities, and how we interact with the world? The .com boom changed the game,
Roughly $15 billion has been sent out in the first of six child tax credit payments, according to the U.S. Treasury Department and the IRS.