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Bitcoin falls below $50k as Biden tax plans spark crypto sell-off

Bitcoin crashed 10% to $49,332 (£68,482) on Friday morning in London, Ethereum slumped 11% to $2,227 after hitting record highs of £2,613 on Thursday. Photo: Getty Crypto markets pulled back sharply after reports US president Joe Biden is planning to raise capital gains tax for the wealthy. Bloomberg reported on Thursday that Biden is considering nearly doubling tax to as high as 39.6%, an increase from the current 20%. Cryptocurrency investors face higher taxes if Biden presses… Source link

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Yahoo Finance to Exclusively Livestream Berkshire Hathaway Shareholders Meeting

Investments Articles Investments Yahoo Finance to Exclusively Livestream Berkshire Hathaway Shareholders Meeting Yahoo Finance, the leading business and financial news brand, returns as the exclusive livestream host of the annual Berkshire Hathaway Shareholders Meeting on Saturday, May 1st beginning at 12:30pm ET (Sunday May 2nd beginning at 12.30am GMT+8). Watch the live stream here: https://finance.yahoo.com/brklivestream. The Yahoo Finance exclusive… Source link

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Chilling find in search for Amish teen who vanished after church

Human remains have been found in the search for a missing Amish teen. Linda Stoltzfoos, 18, went missing in the US state of Pennsylvania in June last year. Ms Stoltzfoos was last seen walking home from church in the Bird-in-Hand area in Lancaster County. Her dad Lloyd Stoltzfoos told police in June last year he believes she never made it home after leaving the church, York Daily Record reported. Lillian Ebersole, who attends the same church, told investigators Ms Stoltfzfoos said she was going… Source link

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USC Song Girls report is particularly disturbing for one reason

While we wait for the NFL to tell us the full extent of the mistreatment of Washington Football Team’s cheerleaders (any day now, NFL), or for anyone to face consequences for the department-wide, toxic environment fostered by LSU athletics, we bring you a new story of young women being let down by the very adults meant to be looking out for their well-being. On Thursday, the Los Angeles Times posted an investigation by Ryan Kartje into the rotten culture of the University of Southern… Source link

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Just Fields more ‘pure QB’ than Kyler Murray, NFL coordinator says

NFL coordinator: Fields more ‘pure QB’ than Kyler Murray originally appeared on NBC Sports Bayarea Every year leading up to the NFL draft, analysts make comparisons between college prospects and players currently playing in the NFL. When it comes to Ohio State QB Justin Fields, the dual-threat QB has been compared to Russell Wilson, Dak Prescott, or even a combination of the two. It all depends on who you ask, and how they evaluate the player.  One NFL coordinator views Fields as a better QB… Source link

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Stock futures rise after indexes sell off amid capital gains tax increase concerns

Bloomberg Twitter Has ‘Scary Amount of Power,’ Co-Founder Biz Stone Says (Bloomberg) — Twitter Inc. co-founder Biz Stone believes the social media company made the right decision when it banned then-President Donald Trump from its service in January, but that doesn’t mean he’s comfortable with it.“It’s a scary amount of power,” Stone said during an interview for the Collision Conference on Thursday. “The CEO of a company in San Francisco can quiet the president of the United… Source link

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Bitcoin Price Decline Deepens, Heads for Worst Week Since February

Bitcoin prices extended their recent decline late Thursday, falling for the seventh day in nine, to as low as $50,450. The largest cryptocurrency was changing hands around $51,800 as of 21:23 coordinated universal time (5:23 p.m. ET). Bitcoin (BTC) is down 9.8% since Sunday, the biggest drop on the weekly price charts since late February. Related: Bitcoin’s Drop From Biden’s Proposed Tax Hikes Not Likely to Last, BCB CEO Says A recent rally in prices for ether (ETH) and other alternative… Source link

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Economic growth is ‘peaking’: Goldman Sachs

TipRanks 2 Dividend Stocks Yielding at Least 7%; Analyst Says ‘Buy’ The stock market pulled back from all-time highs this week, as investors paused to consider just what’s been goosing stocks – and what the future may hold. A flood of stimulus cash, unleashed by the Biden Administration’s big spending bills, is set to push GDP growth to 9% for 3Q21, but next year looks like it will slip back as the spending runs its course. Economists are predicting 5.5% GDP growth next year. This… Source link

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Why Southwest CEO Gary Kelly is ‘euphoric’ about airline recovery

Benzinga Fasten Seatbelts Again? New Turbulence For Boeing Ahead Of Q1 Earnings Approaching Q1 earnings a year ago, Boeing (NYSE: BA) investors would have probably loved to hear that by this time, the 737 Max would be back in the air, airlines would be ordering more of that particular plane, and daily U.S. passenger numbers would be around 10 times their deepest Covid-related depths. They probably would also have been pretty happy about a stock price near $250, up from lows near $150 going… Source link

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Was The Smart Money Right About Piling Into Advanced Micro Devices (AMD)?

At Insider Monkey, we pore over the filings of nearly 887 top investment firms every quarter, a process we have now completed for the latest reporting period. The data we’ve gathered as a result gives us access to a wealth of collective knowledge based on these firms’ portfolio holdings as of December 31st. In this article, we will use that wealth of knowledge to determine whether or not Advanced Micro Devices, Inc. (NASDAQ:AMD) makes for a good investment right now. Advanced Micro Devices,… Source link

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