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Bitcoin rally triggered by Tesla slows, but MicroStrategy still rising

By Angelica | Feb 9, 2021 | Comments Off on Bitcoin rally triggered by Tesla slows, but MicroStrategy still rising
tesla bitcoin rally

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.

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Poverty and opioids unexpectedly tied to rise in personal umbrella claim severity: Gen Re

By Angelica | Feb 9, 2021 | Comments Off on Poverty and opioids unexpectedly tied to rise in personal umbrella claim severity: Gen Re

Insurers 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…

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Congressional Democrats Propose Expanding Child Tax Credit as Monthly Payment for Pandemic Relief

By Angelica | Feb 9, 2021 | Comments Off on Congressional Democrats Propose Expanding Child Tax Credit as Monthly Payment for Pandemic Relief

The 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…

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After a stroke, a physician experiences true vulnerability

By Angelica | Feb 9, 2021 | Comments Off on After a stroke, a physician experiences true vulnerability

“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…

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Ex-banker put on Interpol most wanted list in Cum-Ex tax probe

By Angelica | Feb 9, 2021 | Comments Off on Ex-banker put on Interpol most wanted list in Cum-Ex tax probe

Former 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

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Child-poverty crisis spurs stepped-up tax efforts in Congress

By Angelica | Feb 9, 2021 | Comments Off on Child-poverty crisis spurs stepped-up tax efforts in Congress

Lawmakers 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

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Need to revisit screen time?

By Angelica | Feb 9, 2021 | Comments Off on Need to revisit screen time?

Just 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…

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House Democrats unveil first draft of stimulus-bill measures

By Angelica | Feb 9, 2021 | Comments Off on House Democrats unveil first draft of stimulus-bill measures

House 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

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Democrats cut off relief checks at $200K household income

By Angelica | Feb 9, 2021 | Comments Off on Democrats cut off relief checks at $200K household income

House 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

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Rated carrier can be smoother for ILS investors: Stahel, ILS NYC 2021

By Angelica | Feb 9, 2021 | Comments Off on Rated carrier can be smoother for ILS investors: Stahel, ILS NYC 2021

The 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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