Trump cut taxes for the rich. Biden wants to raise them
President Joe Biden wants to raise trillions of tax dollars from the wealthy. It's a reversal from Donald Trump's signature tax law.
President Joe Biden wants to raise trillions of tax dollars from the wealthy. It's a reversal from Donald Trump's signature tax law.
"Retail investors with the help of technology acting as a union in attacking is a new phenomenon," said an investor.
Crowdfund Insider | JD Alois | Jan 22, 2021 Yesterday, Assistant to the President and Chief of Staff Ronald Klein distributed a Presidential Action by President Joe Biden that is poised to impact recent improvements to security crowdfunding including the Reg CF and Reg A+ exemption. Entitled Regulatory Freeze Pending Review, President Biden has ordered
Impending executive orders would reflect Biden's broader goal of increasing health-care coverage and improving affordability.
Retail investors have sent stocks like GameStop and AMC Entertainment soaring to records this week. But experts say the new highs may not last.
"The marketplace should be a place where risk is taken, but not reckless risk," Massachusetts Secretary of the Commonwealth William Galvin told CNBC.
AltFi | Aisling Finn | Jan 20, 2021 The new partnership will cover payment protection, refund protection and ticket cancellation. Insurance giant Chubb has teamed up with digital banking provider Revolut to offer a broader range of insurance to Revolut’s customers. Chubb will offer Revolut customers insurance products like purchase protection, refund protection and ticket
Traders Magazine | Shanny Basar | Jan 21, 2021 Gary Gensler has been nominated as chair of the Securities and Exchange Commission and his expertise in fintech and digital currency could lead to new regulatory approvals such as a Bitcoin exchange-traded fund. Gensler is a professor of the practice of Global Economics and Management at
Despite the massive squeezes, GameStop short sellers are doubling down on their bearish bets.
Tesla CEO Elon Musk tweeted on Tuesday: "I kinda love Etsy."
For all the attention that is shined on superstar short sellers, most short sellers lose money.
Some state officials want to raise taxes on the wealthy to plug Covid-era budget gaps. The policy meshes with an unequal pandemic recovery, economists say.
Also on Tuesday, Jefferies raised its 12-month price target on Etsy to a Street high of $245 per share.
With the rate of new infections still unacceptably high, the threat of new restrictions on restaurants lingers even as vaccinations are under way.
Amazon's $2 billion Climate Pledge Fund just announced its latest investment: Infinium, which is a start-up making electrofuels to cut emissions in the transportation sector.