Five key takeaways from Janet Yellen's Treasury confirmation hearing
An audience of mostly friendly legislators questioned Yellen across a variety of topics.
An audience of mostly friendly legislators questioned Yellen across a variety of topics.
Federal officials may have granted a 20% QBI — or "pass through" — tax deduction in error to nearly 13,000 business owners, according to an IRS watchdog report.
Crowdfund Insider | Steven Knipfelberg | Jan 19, 2021 Why are smart contracts significant? Traditionally, parties have relied on intermediaries, such as escrow agents, banks, or governments, to ensure the performance of a contract (or that a party didn’t simply run off with your cash). Smart contracts eliminate the role of intermediaries because they are
Elon Musk's SpaceX bought two deepwater oil rigs last year and is converting them into floating launchpads for its Starship rocket.
President-elect Joe Biden said his plan includes reopening a majority of kindergarten-to-eighth-grade schools within the first 100 days in office.
States have tried clawing back unemployment benefits issued in error to thousands during the Covid pandemic. Some fear states won't implement new protections.
Schwab now operates nearly 29.6 million brokerage accounts. Assets grew to a record $6.69 trillion at the end of 2020.
KABN | Cara Buckspan | Jan 19, 2021 Access to up to 2,000 US Colleges and Universities with reach of up to 1.5 Million Students TORONTO, ON / ACCESSWIRE / January 19, 2021 / KABN Systems NA Holdings Corp. (CSE:KABN)(OTC PINK:TRWRF)(FRA:4T51) (the "Company", "KABN North America" or "KABN NA"), a North American Fintech solutions company
Democrats’ victories in the House, Senate and the White House may lead to higher taxes on estates and gifts. How wealthy families will prepare.
Bank of America revenue of $20.2 billion fell short of the $20.7 billion expected by Wall Street analysts.
Expectations are running high for Goldman Sachs CEO David Solomon.
FinCEN | Release | Jan 14, 2021 WASHINGTON—The Financial Crimes Enforcement Network (FinCEN) announced today it is reopening the comment period for its recent proposed rulemaking regarding certain transactions involving convertible virtual currency (CVC) or digital assets with legal tender status (LTDA). Under the Notice of Proposed Rulemaking (NPRM), banks and money services businesses (MSBs)
Financial Times | OpEd by Brian Brooks | Jan 12, 2021 Lenders run by algorithms and blockchain technology will require 21st century regulation The writer is the US acting comptroller of the currency In 1961, Popular Science magazine envisioned self-driving cars. The reality arrived sooner than anyone anticipated, and before safety regulators could adapt. Most
IMF Blog | Catalina Margulis and Arthur Rossi | Jan 14, 2021 Countries are moving fast toward creating digital currencies. Or, so we hear from various surveys showing an increasing number of central banks making substantial progress towards having an official digital currency. But, in fact, close to 80 percent of the world’s central banks
Neo Financial and Concentra | Jan 13, 2021 CALGARY, Alberta--(BUSINESS WIRE)--Neo Financial (Neo), a Calgary-based fintech company created by two of the co-founders of SkipTheDishes, has announced a first-of-its-kind collaboration with Concentra Bank (Concentra), a Schedule 1 bank that is quietly fuelling innovation. Through this relationship, Neo is the first Canadian fintech company to offer