Billionaire Salinas Says He’s Working for His Bank to Be First in Mexico to Take Bitcoin

Business Insider
Elon Musk's luck has finally run out
Buying Twitter was the biggest gamble of Musk's career. Now he — and his empire — are cracking under the pressure.
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Bloomberg
Jack Ma’s Biggest E-Commerce Rival Is Coming for Amazon
(Bloomberg) -- Jack Ma essentially invented the e-commerce business in China by co-founding Alibaba Group Holding Ltd. and steering it to the top of the country’s private sector. But a couple weeks ago, the celebrated entrepreneur called out a little-known rival for outpacing his brainchild and becoming a role model for the tech industry.Most Read from BloombergBitcoin’s 2023 Rally Frays During Brief 7.5% Drop Toward $40,000Stocks Make Cautious Start to Event-Packed Week: Markets WrapBiden’s Sup
9h ago
Barrons.com
Tesla Is Offering Higher Incentives in Year-End Push for Volume
It’s year-end and Tesla is in the midst of its final push to meet Wall Street expectations for a record quarter. Instead of price cuts, Tesla is using a new tool to move metal: Incentives. Barron’s looked at incentives on Tesla vehicles in inventory.
14h ago
SmartAsset
Temporary Tax Plan Could Boost Your Standard Deduction By Up to $4,000
A House panel has passed a bill that would temporarily expand the standard tax deduction used by the majority of taxpayers by $2,000 per person for the next two years. The Tax Cuts for Working Families Act (H.R.3936) recently approved by … Continue reading → The post Temporary Tax Plan Could Boost Your Standard Deduction By Up to $4,000 appeared first on SmartAsset Blog.
2d ago
Yahoo Finance
Macy's mulling $5.8 billion buyout offer: source
Macy's shareholders receive an early holiday season gift.
10h ago
SmartAsset
Ask an Advisor: I'm 55 With a $3 Million Net Worth and $5k in Monthly Expenses. Can I Retire Now?
I'm 55 and would like to retire now with a $3 million total net worth. I'm assuming my net worth will grow, on average, 5% until I’m eligible for Social Security. My house is paid off and my lifestyle is simple. I can live with $5,000 per month. Am I making the right decisions? – […] The post Ask an Advisor: I'm 55 With a $3 Million Net Worth and $5k in Monthly Expenses. Can I Retire Now? appeared first on SmartReads by SmartAsset.
17h ago
SmartAsset
The IRS Is Cracking Down on These High-Income Earners. Are You One of Them?
The IRS recently announced a major tax enforcement initiative that will increase scrutiny on high-income earners, partnerships and people with foreign bank accounts. The agency said the effort would “restore fairness to [the] tax system” by focusing on wealthy taxpayers who have seen sharp declines in audit rates over the past decade. A financial advisor […] The post The IRS Is Cracking Down on These High-Income Earners. Are You One of Them? appeared first on SmartReads by SmartAsset.
2d ago
Bloomberg
Bitcoin’s 2023 Rally Frays During Brief 7.5% Drop Toward $40,000
(Bloomberg) -- Bitcoin delivered another bout of its notorious volatility in a brief but sharp tumble toward $40,000 amid a broader crypto selloff.Most Read from BloombergBitcoin’s 2023 Rally Frays During Brief 7.5% Drop Toward $40,000Stocks Make Cautious Start to Event-Packed Week: Markets WrapBiden’s Support of Israel Alienates More Democrats in New PollHarvard Under Heightened Pressure After Penn Leaders OustedThe largest token sank as much as 7.5% to $40,521 before paring some of the losses
2h ago
SmartAsset
Does Putting Your Home in a Trust Protect It From Medicaid?
An individual can protect their assets from Medicaid, including their home, by placing them into a trust. Essentially, the assets become owned by the trust and not by the individual. This mechanism can decrease the individual’s asset count for Medicaid eligibility, presenting a way to potentially conserve wealth and secure necessary medical care. However, like all […] The post Does Putting Your Home in a Trust Protect It From Medicaid? appeared first on SmartReads by SmartAsset.
2d ago
AppleInsider
Wedbush raises Apple price target again, to $250
Wedbush continues to be impressed by Apple, raising its price target for the iPhone maker from $240 to $250, a second rise in a three-month period.
12h ago
SmartAsset
I Have $2.5 Million in a Roth IRA and Will Receive $2,500 Monthly From Social Security. Can I Retire at 62?
Retiring at age 62 and filing for Social Security will reduce a person’s lifetime benefits by up to 30% compared to waiting until their full retirement age. However, a person with $2.5 million in a Roth IRA may feel more comfortable retiring at age 62, despite the impact that early retirement will have on their […] The post I Have $2.5 Million in a Roth IRA and Will Receive $2,500 Monthly From Social Security. Can I Retire at 62? appeared first on SmartReads by SmartAsset.
2d ago
Bloomberg
A record high is in the cards for US stocks in 2024
The S&P 500 Index will hit a record high in 2024 as the US avoids sinking into a recession, although a weaker consumer will mean the index gains less than this year’s 20% surge, according to Bloomberg’s latest Markets Live Pulse survey.
8h ago
TipRanks
TipRanks’ ‘Perfect 10’ Picks: 2 Top-Scoring Stocks for 2024
The bulls are coming out in force, and predicting solid gains for the stock market in 2024. In recent forecasts, 5 out of 8 major investment banks are predicting that the S&P 500 will hit 5,000 or better. The most bullish of these, from Tom Lee, head of research at Fundstrat, says that the index will reach as high as 5,200 next year, for a 13.4% gain from current levels. In Lee’s view, the falling rate of inflation, and consequent easing of interest rates and tight money policies, will steer the
23h ago
Bloomberg
Stocks Make Cautious Start to Event-Packed Week: Markets Wrap
(Bloomberg) -- Global equities posted modest moves at the start of a busy week of data and central bank meetings that will test optimism among investors that interest rates will soon head lower.Most Read from BloombergBitcoin’s 2023 Rally Frays During Brief 7.5% Drop Toward $40,000Stocks Make Cautious Start to Event-Packed Week: Markets WrapBiden’s Support of Israel Alienates More Democrats in New PollHarvard Under Heightened Pressure After Penn Leaders OustedThe yen extended its losses to 1% af
23m ago
Barrons.com
Big Pension Exits Palantir Stake. It Sold AT&T, and Bought Intel and Nvidia Stock.
PSP Investments sold out of its Palantir position, slashed a stake in AT&T, and bought more shares of chip makers Intel and Nvidia.
21h ago
Yahoo Finance
Why job candidates are 'ghosting' employers like never before
Payback is hell. In a turn of the tables, job seekers are increasingly ghosting employers. That’s according to a new report by Indeed, the online job search platform.
2d ago
The Wall Street Journal
A New Era of Income Investing Is Turning Boomers Into Bond Buyers
The recent surge in interest rates that sent bond yields near a 15-year high is the “single best economic and financial development in 20 years” for retirees, said Joe Davis, global chief economist at Vanguard. With current yields on 10-year U.S. Treasury notes at 4.23%, boomers, ages 59 to 77, have reason to move money into the more conservative investments. This moment presents new opportunities for investors in or near retirement to use bonds to reduce risk and generate steady income, financial advisers say.
1d ago
Business Insider
US oil production will keep booming in 2024, setting up a possible showdown with Saudi Arabia
US oil companies are boosting their budgets, and production forecasts indicate new record highs in output next year.
1d ago
SmartAsset
Ask An Advisor: I Live on Social Security and Food Stamps. Can I Protect My Investments in a Down Market?
I'm retired and living on Social Security and food stamps. I have all my money in two conservative retirement accounts. I cannot contribute any money to them. I plan on taking distributions in five years. What's the best course of … Continue reading → The post Ask An Advisor: I Live on Social Security and Food Stamps. Can I Protect My Investments in a Down Market? appeared first on SmartAsset Blog.
17h ago
The Wall Street Journal
New York Joins IBM, Micron in $10 Billion Chip Research Complex
The project at the Albany NanoTech Complex will use advanced chip-making equipment from Dutch company ASML.
4h ago

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Billionaire Salinas Says He’s Working for His Bank to Be First in Mexico to Take Bitcoin

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