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Tesla drove another bitcoin rally by purchasing some of the cryptocurrency. The bitcoin rally has slowed now since Tesla’s purchase, although the price remains above $40,000. Tesla CEO Elon Musk appears to have gotten the idea to buy bitcoin from MicroStrategy Chairman and CEO Michael Saylor. Q4 2020 hedge fund letters, conferences and more Tesla […]
The post Bitcoin rally triggered by Tesla slows, but MicroStrategy still rising appeared first on ValueWalk.
Read MoreInsurers saw more costly personal umbrella claims before the start of 2020, according to a Gen Re analysis, and the reinsurer expects such claims to continue as we emerge from the COVID-19 pandemic. Personal umbrella insurance covers liability costs beyond the limits of the policyholders’ homeowners or auto policies. Gen Re has uncovered some of…
Read MoreThe House Ways and Means Democrats’ just-released proposal to expand the child tax credit for one year represents a significant expansion of benefits but comes with several administrative challenges. It would be included in President Biden’s larger $1.9 trillion in economic relief package moving through the budget reconciliation process. The Child Tax Credit (CTC) would…
Read More“I think I’m having a stroke.” The words struggled to leave my mouth as I spoke to the 9-1-1 operator. Emotionally in disbelief, the words seemed so unusual to say in the first person. Ten minutes earlier, overwhelming nausea and drenching sweats woke me abruptly from sleep. Thinking it was something I ate, I immediately…
Read MoreFormer investment banker Paul Mora is the first Cum-Ex suspect placed on Interpol’s public list of most-wanted suspects as Germany launched an international search for him in an escalation of its vast tax-evasion probe. Original Article Posted at : https://www.accountingtoday.com/articles/ex-banker-put-on-interpol-most-wanted-list-in-cum-ex-tax-probe
Read MoreLawmakers have introduced several measures that would expand the so-called child tax credit, which currently provides parents $2,000 per child annually. Original Article Posted at : https://www.accountingtoday.com/articles/child-poverty-crisis-spurs-stepped-up-tax-efforts-in-congress
Read MoreJust about every single one of us is spending too much time in front of a screen these days. Many, if not most, of us are spending most of our days on one — including, unfortunately, our children. Hindsight is 20/20, of course. When the pandemic began a year ago, we had no way of…
Read MoreHouse Democrats on Monday released the first draft text for key pieces of legislation that will comprise President Joe Biden’s COVID-19 relief bill. Original Article Posted at : https://www.accountingtoday.com/articles/house-democrats-unveil-first-draft-of-stimulus-bill-measures
Read MoreHouse Democrats are proposing to limit the next round of COVID-19 relief payments to households earning less than $200,000, after criticism that President Joe Biden’s $1.9 trillion stimulus package would benefit the rich. Original Article Posted at : https://www.accountingtoday.com/articles/democrats-cut-off-relief-checks-at-200k-household-income
Read MoreThe utilisation of a rated balance-sheet by an ILS fund manager can help “to smooth out” some elements for insurance-linked securities (ILS) investors, says Michael Stahel, Partner at LGT ILS Partners. Speaking during the second day of the virtually held Artemis ILS NYC 2021 conference, Stahel discussed ILS allocation strategies both now and how they…
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