Tag Archives: Surge

With one month to tax deadline, IRS website visits surge and agency provides more help

With one month to tax deadline, IRS website visits surge and agency provides more help

Taxpayers are flocking to the IRS website to check their refund status as filing season reaches the one-month countdown. Nearly 380 million taxpayers visited the agency’s website last week, an 18% increase over the same week last year, according to the tax agency’s latest statistics. After landing on the official agency website, taxpayers are heading straight to the Where’s My Refund? tool. This is nothing unexpected, says an IRS spokesperson, as people search for the status of refunds… Source link

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Bitcoin’s surge to $57,000 puts it within striking distance of all-time high

Bitcoin’s surge to $57,000 puts it within striking distance of all-time high

Bitcoin (BTC) surged above $57,000 Tuesday, putting it within striking distance of its all-time high as enthusiasm for the world’s largest cryptocurrency reached a level last seen during a 2021 boom. The price of the digital asset is now up as much as 10% on the week and 35% so far this year, due largely to excitement sparked by a series of spot bitcoin exchange-traded funds that started trading in January. By topping $57,000, bitcoin touched its highest point since November 2021. The… Source link

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US stocks lose steam as earnings surge flows in

US stocks lose steam as earnings surge flows in

US stocks, which initially moved higher in early trading on Tuesday, wobbled later in the session as investors continued to debate the possibility of interest rate cuts ahead of a fresh batch of quarterly results. By midday trading, the S&P 500 (^GSPC) traded flat, while the tech-heavy Nasdaq Composite (^IXIC) dipped roughly 0.4%. The Dow Jones Industrial Average (^DJI), which initially opened flat, climbed about 0.2%. A rally in stocks hit the buffers on Monday as the market took on Fed Chair… Source link

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Bitcoin, Ether little changed after weekend surge; Solana, XRP give back some gains

Bitcoin, Ether little changed after weekend surge; Solana, XRP give back some gains

Bitcoin and Ether prices were little changed in Monday morning trading in Asia. Several of the top 10 non-stablecoin cryptocurrencies took a breather after strong gains over the weekend on the back of signs inflation may have peaked in the U.S., leading investors to bet the Federal Reserve may begin to ease back on increases in interest rates. See related article: Bitcoin price rebounds as U.S. inflation cools Fast facts Bitcoin dipped 0.4% to US$20,882 in the 24 hours to 8 a.m. in Hong Kong… Source link

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‘Every single house on our street’ is becoming an Airbnb, says host amid surge in listings

‘Every single house on our street’ is becoming an Airbnb, says host amid surge in listings

Los Angeles-based YouTubers Kristen and Michael knew their only chance at buying an income-generating property during the pandemic was to venture into the California desert. Last year the couple bought and renovated a 2 bed-1 bath ranch near Joshua Tree National Park. The couple, who asked to go by their first names only, listed it on short term rental platform Airbnb (ABNB) as “Seventh Ray House.” “Even during the slow months, even during the summer, we got booked over every weekend,”… Source link

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‘Every single house on our street’ is becoming an Airbnb, says host amid surge in listings

‘Every single house on our street’ is becoming an Airbnb, says host amid surge in listings

Los Angeles-based YouTubers Kristen and Michael knew their only chance at buying an income-generating property during the pandemic was to venture into the California desert. Last year the couple bought and renovated a 2 bed-1 bath ranch near Joshua Tree National Park. The couple, who asked to go by their first names only, listed it on short term rental platform Airbnb (ABNB) as “Seventh Ray House.” “Even during the slow months, even during the summer, we got booked over every weekend,”… Source link

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Oil’s huge surge in 2022 has completely reversed

Oil’s huge surge in 2022 has completely reversed

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Tuesday, November 29, 2022 Today’s newsletter is by Julie Hyman, anchor and correspondent at Yahoo Finance. Follow Julie on Twitter @juleshyman. Read this and more market news on the go with Yahoo Finance App. The one trade that dominated most of 2022 has given up almost all of its gains. Oil touched its lowest level of the year on Monday morning,… Source link

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