Goldman Sachs is asking employees to return to the office 5 days a week, according to Fortune, who published an interview with the investment firm’s CEO David Solomon last week. It comes five weeks after a botched attempt to get Goldman Sachs employees back to the company’s headquarters in New York. When the firm re-opened […]
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Gold, silver ETF owners face 28% top tax rate on capital gainsOliver Strewe | The Image Bank | Getty Images Investors who sell gold, silver and other precious-metal exchange-traded funds may find their profits taxed at a higher rate than other holdings like stocks and bonds. The IRS treats ETFs backed by physical precious metals as collectibles for tax purposes, according to accountants. Collectibles — like […]
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Nasdaq and S&P 500 drop, Dow pulls back as investors assess Russia-Ukraine talks, await Fed meetingUS stocks gave up or pared Monday morning gains as investors monitored Russia-Ukraine talks and a COVID lockdown in China, while awaiting this week’s Federal Reserve decision. What’s happening? The Dow Jones Industrial Average DJIA, -0.07% was up 210 points, or 0.6%, at 33,154 after rising more than 400 points earlier on Monday. The S&P […]
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EU Crypto Bill, MiCA, Heads to a Monday Vote Without Proof-of-work BanLanguage that took aim at banning proof-of-work coins across the continent is notably absent The bill still states that cryptoassets “shall be subject to minimum environmental sustainability standards,” Unstoppable Finance’s head of growth tweeted A finalized version of a major bill in the EU, which ignited controversy over its targeting of the crypto industry’s proof-of-work […]
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Allianz, Swiss Re joins other financial firms in turning from RussiaAllianz says stopped insuring new business in Russia Swiss Re says not renewing business with Russian clients Europe’s securities regulator says ensuring orderly markets Deutsche changes position late on Friday FTSE Russell ejects four UK-listed, Russia-focused stocks FRANKFURT/LONDON/ZURICH, March 14 (Reuters) – Allianz (ALVG.DE) and Swiss Re (SRENH.S) said on Monday they were cutting back […]
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Stocks mixed, oil prices fall as traders look ahead to Fed decisionThe major US stock indexes rose Monday to shake off some recent losses, with investors looking ahead to the Federal Reserve’s next monetary policy decision later this week amid an ongoing war in Ukraine and soaring inflation. The Dow Jones Industrial Average gained more than 1%, or 400 points, during intraday trading as the index […]
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Stocks Rise, Oil Falls as Investors Track Ukraine NegotiationsStocks climbed and oil prices tumbled Monday, easing fears that a surge in commodity prices could stall the US economy as investors awaited a likely interest-rate increase by the Federal Reserve later this week. The Dow Jones Industrial Average rose nearly 1%, and the S&P 500 gained 0.6%. The benchmark stock index has fallen for […]
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Pete Davidson and five paying customers to fly on Jeff Bezos’ suborbital rocketThe company announced Monday morning that Davidson, the Saturday Night Live Star who’s become a pillar of entertainment intrigue amid his relationship with Kim Kardashian, will fly alongside five paying customers on Blue Origin’s 60-foot-tall New Shepard rocket. The launch is slated for March 23 at 8:30 am CT, according to Blue Origin. The announcement […]
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After Walt Disney, Robert Iger Heads to the MetaverseRobert Iger spent decades helming a company known for its animated characters. For his next act, the former Walt Disney Co. boss is backing a startup that celebrities and others are using to create avatars for the much-hyped metaverse. In his first career move since leaving the entertainment company in November, Mr. Iger has taken […]
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Florida gas prices down slightly MondayMonday morning brought some slight relief for Floridians struggling with record-breaking gas prices. Monday saw the average price of $4.32, a few cents lower than Friday’s all-time high of $4.37. The price is still much higher than people are used to paying. A week ago the average was $4, a month ago the average was […]
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