With a 9% year-to-date rise and a growing market value above $100 billion, cryptocurrency stablecoin Tether has surpassed its next-largest rival, USD Coin.

Mar 04, 2024 09:34 AM EST

For the first time in over four months, US crude oil futures approached $80 a barrel as indications of a tighter market before an OPEC+ decision on production cuts.

Mar 04, 2024 07:22 AM EST

The impact of rising interest rates, which make it more costly to carry credit card debt or purchase homes and vehicles, is well known to Americans.

Mar 04, 2024 04:10 AM EST

A real estate-focused investment group called Arkhouse Management announced on Sunday that it and Brigade Capital Management had increased their bid for Macy's following the department store chain's rejection of their previous offer as being too low.

Mar 04, 2024 03:16 AM EST

The presiding judge has been requested by the attorneys who prevailed in their argument that Tesla CEO Elon Musk's enormous compensation package was unlawful and ought to be revoked to award them $5.6 billion in company shares as legal costs.

Mar 04, 2024 12:41 AM EST

Paying zero in taxes might seem like a pipe dream, but with careful planning and a solid understanding of tax laws, it's potentially within reach. So, as we gear up for the 2024 tax season, keep these tips in mind.

Mar 01, 2024 12:16 PM EST

Investing in cryptocurrency can feel like riding a rollercoaster blindfolded. But with a little knowledge and a dash of courage, it can also be an exhilarating journey. So, as we step into March, consider adding these five cryptocurrencies to your watchlist.

Mar 01, 2024 11:55 AM EST

Recent years have seen a shift in the composition of buyers of U.S. Treasurys, with significant players such as China, Japan, and the Federal Reserve witnessing reductions in their holdings. This change could have far-reaching implications for the U.S. economy.

Mar 01, 2024 08:10 AM EST

The Internal Revenue Service said on Thursday that it will reactivate a non-filer enforcement program that had been dormant for years due to previous budget cuts, and it will take tough measures against high-income earners who have failed to file tax returns in 125,000 cases since 2017.

Mar 01, 2024 07:22 AM EST

The Federal Reserve's preferred inflation index climbed in January, which is the most recent indication that the U.S. consumer price increase deceleration is happening unevenly month to month.

Mar 01, 2024 12:10 AM EST

he carried interest loophole isn't the only card up Wall Street's sleeve. There are plenty of other tax hacks being utilized. Take Goldman Sachs' new pay plan, for instance.

Feb 29, 2024 02:00 PM EST

Gemini, a cryptocurrency exchange, and the New York State Department of Financial Services (NYDFS) have come to an agreement wherein Gemini would reimburse clients of the Gemini Earn Program with a minimum of $1.1 billion via the Genesis bankruptcy case.

Feb 29, 2024 07:10 AM EST