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Why the Winklevoss brothers are in a $900 million crypto faceoff with Barry Silbert

Digital Currency Group’s Barry Silbert and Cameron Winklevoss have been engaged in a public war of words over the fate of $900 million.

Published 11 January 2023
Categorised as Finance News

China’s reopening will be a tailwind for the luxury trade, says PIMCO’s Erin Browne

Erin Browne, PIMCO portfolio manager, joins ‘Closing Bell: Overtime’ to discuss international stocks surging and expectations for the markets after a possible China reopening.

Published 11 January 2023
Categorised as Finance News

Stocks making the biggest moves midday: Bed Bath & Beyond, Tesla, Expedia and more

These are the stocks posting the largest moves in midday trading.

Published 11 January 2023
Categorised as Finance News

Bed Bath & Beyond jumps 50% to lead ‘nonsense’ rally in meme stocks; AMC gains 15%

A group of highly speculative stocks rallied double digits on Wednesday as retail investors pushed meme names up again in the new year after a dismal 2022.

Published 11 January 2023
Categorised as Finance News

Mega Millions jackpot jumps to $1.35 billion for the next drawing. Here’s the tax bill if there’s a winner

Your winnings would be reduced by a 24% federal tax withholding, but that would be just the start of what you’d owe to the IRS and, possibly, state coffers.

Published 11 January 2023
Categorised as Finance News

Did Trump donate his presidential salary in 2020? Tax returns don’t tell full story

Former President Donald Trump pledged to donate his salary while in office. Some news reports said his 2020 tax return suggests otherwise — but it’s unclear.

Published 11 January 2023
Categorised as Finance News

FTX has recovered $5 billion worth of ‘liquid’ assets, lawyers say

FTX lawyers said they had recovered $5 billion of assets, including cash and crypto, bringing customers closer to recovering from the exchange’s collapse.

Published 11 January 2023
Categorised as Finance News

‘Don’t wait until March’ to hire a tax pro, says advisor — 3 moves to make before the 2023 tax filing season opens

Tax season is almost here, and there are key things to know before the IRS begins accepting 2022 individual returns, experts say. 

Published 11 January 2023
Categorised as Finance News

Stocks making the biggest moves premarket: CarMax, Salesforce, Coinbase and more

These are the stocks posting the largest moves in early morning trading.

Published 11 January 2023
Categorised as Finance News

South Korea shares eye-opening Covid statistics to defend its new rules for travelers from China

South Korea hit back at claims its Covid rules for Chinese travelers are “discriminatory,” saying more than half of its imported cases are coming from China.

Published 11 January 2023
Categorised as Finance News

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