By TurboTax Interest in cryptocurrency has grown rapidly in recent years, bringing with it tax implications people should know. Key Takeaways • The IRS treats cryptocurrency as “property.” If you buy, sell or exchange this virtual currency, you’re like…
Stock Market Today – 6/6: Stocks Gain On ‘Goldilocks’ Bet As Fed Eyes Inflation After Solid Jobs Report
By Martin Baccardax Solid jobs and manufacturing data are prompting bets on a so-called ‘Goldilocks’ outcome for U.S. stocks as the Fed looks to tame inflation without choking-off growth. U.S. equity futures moved higher Monday, while the dollar eased …
Elon Musk Tries to Reassure About Tesla
By Luc Olinga The CEO of the electric vehicle maker wants to appease worried markets after one of his worrying messages about Tesla. Elon Musk took out his firefighter costume. Tesla (TSLA) – Get Tesla Inc Report CEO tries to put out the fire he himsel…
Apple Prepares to Challenge Facebook
By Luc Olinga The iPhone maker could have a big surprise at its annual conference for developers on June 6. Is Apple (AAPL) – Get Apple Inc. Report ready to take the big leap into the metaverse? This alternative or virtual world in which we will intera…
What It’s Like at a CocoCay Beach Club Over-Water Cabana
By Daniel Kline An over-water cabana at the cruise line’s added-fee CocoCay Beach Club comes with a large price tag as well as a lot of perks. Royal Caribbean’s (RCL) – Get Royal Caribbean Group Report private island, CocoCay, offers a wonderful array …
Elon Musk and Tesla Have Good News for Europe
By Luc Olinga Europe, where Tesla has just opened a production site, is an important market for the electric vehicle manufacturer and its CEO. The wait for Tesla (TSLA) – Get Tesla Inc Report and Elon Musk fans and customers in Europe is about to end. …
Social Media Roast SEC After Satire Mocking Meme Stocks, Crypto Investors
By Luc Olinga The Securities and Exchange Commission has just produced videos aimed at warning the general public against risky investments. The SEC probably thought it was doing the right thing by producing videos to alert retail investors against ris…
American Nightmare: It Costs How Much More to Buy a Home?
By Brian O’Connell Sky-high home prices are driving younger buyers out of the market. The U.S. residential real estate market is so hot the heat is keeping young buyers away from the housing sector. Now, with young homebuyers historically tasked with b…
When Will Mexican Pizza Return to Taco Bell’s Menu (Again)?
By Daniel Kline The fast-food chain brought the beloved menu item back only to have it quickly go away. Taco Bell likes media hype. You could argue that the Yum! Brands (YUM) – Get Yum! Brands, Inc. Report chain took the much-loved Mexican Pizza off it…
This Stock Might Be the Best Las Vegas Strip Investment
By Daniel Kline Always bet on the company holding the most chips. That’s not Caesars or MGM. Las Vegas offers the promise of getting rich. In most cases, that’s a false promise as the house usually wins, but you can make money on Sin City without throw…