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The IRS extended the filing deadline for 2020 taxes from April 15 to May 17, giving American taxpayers an extra month to prepare their returns. For the procrastinators, this may be welcome news, but not everyone should take advantage of the extra time. In some cases, filing early is advantageous. Read more: Tax Tips, Free Tools & How To’s One factor to keep in mind is stimulus checks. The IRS uses the information it has on hand to determine your eligibility for a stimulus. If your income in… Source link

A strong case could still be made to long stocks even as rising 10-year yields continue to place pressure on certain sectors of the markets, argues Merrill Lynch strategists. “We think the three pillars of the bull market are firmly in place — massive free liquidity, an exceptionally strong EPS growth cycle and substantial market breadth,” Merrill Lynch equity strategists Ajay Singh Kapur and Ritesh Samadhiya co-wrote in a research note on Thursday. They believe a “bullish cocktail” for… Source link

HOUSTON — A third civil suit filed against Deshaun Watson alleges the Houston Texans quarterback forced a massage therapist to perform oral sex on him during a session with a woman in December of 2020. This is now the third sexual assault and harassment civil suit filed against Watson since Tuesday, each involving a female massage therapist represented by Houston attorney Tony Buzbee. A league source told Yahoo Sports on Thursday that the NFL’s investigative arm, led by senior vice… Source link

You could make a movie about Joel Ward’s hockey career. It’s a journey that took him through the OHL, WCHL, U Sports and AHL before he finally arrived at the NHL, where he became a cult hero in multiple markets and one of the most recognized Black faces in the game.  In April 2020, the pride of Scarborough, Ont., and veteran of over 700 NHL games announced his retirement as a player, but he didn’t step away from the game for long.  Just seven months later, Ward received a call from the… Source link

(Photo: Costfoto/Barcroft Media via Getty Images) The everything rally of the last several months may be getting a lift from an unexpected source: federal stimulus money. A new Yahoo Finance–Harris poll finds that 9% of people expecting to get a $1,400 stimulus check plan to invest some of the money in traditional assets such as stocks, while 7% plan to use the money to buy cryptocurrencies such as bitcoin. Young investors are even more willing to gamble. Among 18- to 24-year-olds, 19% plan… Source link

(Bloomberg) — Credit Suisse Group AG raced to contain the widening fallout from the collapse of Greensill Capital as it acknowledged defaults are coming in a $10 billion group of now-frozen funds that the bank touted for their safety. Facing client furor and regulatory probes over the collapse of the short-term debt funds, the Swiss bank demoted one of its top executives, withheld bonuses for some and separated the asset management unit at the center of the scandal from the much more… Source link

Benzinga Bitcoin Could Boom 430% but Ethereum May Still Steal its Thunder Bitcoin believers may have new reason to rejoice following the stimulus checks, but Ethereum has use cases on its side. U.S. President Joe Biden’s $1.9 trillion COVID Relief Bill has passed congress and stimulus checks are soon to be distributed. Early signs indicate recipients are ready to buy Bitcoin. A survey by Mizuho Securities showed that out of 235 participants who expect to receive stimulus checks from the COVID… Source link

(Bloomberg) — National Grid Plc agreed to buy PPL Corp.’s U.K. electricity distribution business for 7.8 billion pounds ($10.9 billion), a move that will transform the company as it prepares for a low-carbon future. The biggest U.K. utilities transaction in a decade highlights how crucial grids have become as nations figure out how to navigate the shift to electricity from fossil fuels. Distribution grids, the local networks that feed directly into homes and businesses, are at the heart of… Source link

Amazon (AMZN) Web Services is the most popular cloud platform in the world, accounting for 31% of global market share, according to Canalys. And the platform, which turned 15 this month, isn’t finished growing, at least according to Amazon CTO Werner Vogels. Vogels, who has been with Amazon since 2004, sat down with Yahoo Finance to discuss the future of the preeminent cloud platform, where he sees it expanding in the future, and how 5G and space fit into the picture, ahead of his… Source link

Pisac Peruvian Bistro, a restaurant located in Toronto’s Summerhill neighbourhood, was just five weeks old when the COVID-19 pandemic hit and it was forced to close its doors to the public. “The last year has been a rollercoaster,” Pisac founder and chef Renzo Galleno said in an interview. “If I had known what was going to happen, I probably wouldn’t have opened up a restaurant. It’s been quite a learning experience.” When Pisac initially opened last February, Galleno had no plans… Source link