Business News
US Justice Department Seizes Cryptocurrency Worth $112 Million in 'Pig Butchering' Crackdown
Bitcoin.com - 5 Apr 2023 04:30
The U.S. Department of Justice (DOJ) says it has seized cryptocurrency worth over $112 million linked to fraudulent investment schemes known as “pig butchering.” According to court documents, the seized crypto accoun...
Johnson & Johnson Proposes Paying $9 Billion to Settle Talc Lawsuits
Wall Street Journal - 5 Apr 2023 00:18IRS Concludes Its Dirty Dozen Tax Scams List for 2023
Small Business Trends - 5 Apr 2023 23:00
IRS urges vigilance against 'Dirty Dozen' tax scams all year, not just during tax season. Stay alert to protect personal info & finances.
$6 billion in student-loan forgiveness for 200,000 borrowers just cleared another hurdle — and all members involved in the years-long lawsuit can now get relief
Business Insider - 5 Apr 2023 16:03
Four years after defrauded student-loan borrowers filed a lawsuit after their relief was stalled, they are now finally getting their debt wiped out.
The Big Move: My single, 80-year-old mother is thinking of selling her Berkeley house to get some cash. How can she avoid capital gains tax?
Market Watch - 5 Apr 2023 15:17
'She has never really worked and has no savings.'
Commercial real estate prices could crash 40% from their peak in a worse disaster than the financial crisis, Morgan Stanley strategist warns
Business Insider - 5 Apr 2023 13:55
Prices of office buildings, shopping malls, and other commercial real estate may plummet as hybrid working and higher interest rates sap demand.
UBS bosses urged to avoid job cuts and hikes in their pay after Credit Suisse deal
The Guardian - 5 Apr 2023 13:40
Shareholders line up at AGM to criticise creation of $5tn mega-bank after takeover of smaller rival Worried UBS investors have urged the Swiss lender to avoid sweeping job cuts and inflating executive pay as they raised ...
Royal Mail may face more strikes as talks with union end without deal
The Guardian - 5 Apr 2023 13:35
CWU says 'unacceptable pressures' placed on postal workers, as bosses say offer to union was increased Talks between Royal Mail and postal workers have ended without a deal, raising the prospect of further industrial act...
Economic Report: Mortgage demand falls as buyers struggle to find homes for sale
Market Watch - 5 Apr 2023 13:20
Mortgage applications dropped 4.1% in the latest week, the Mortgage Bankers Association said. The average rate for a 30-year mortgage is 6.4%.
Why so many Americans hate their work hours
Business Insider - 5 Apr 2023 12:30Fitch Upgrades Saudi Arabia's Credit Rating, As Tensions With Iran Ease
Forbes - 5 Apr 2023 12:14
Fitch Ratings has upgraded Saudi Arabia's credit rating to A+, citing its strong fiscal and external balance sheets, relatively low debt levels and plentiful public sector assets
Dogecoin Futures Set Record After Twitter Adopts Shiba Inu Logo
Coin Desk - 5 Apr 2023 11:49
Open interest, which can be used to determine market strength behind price trends, jumped to all-time highs in dogecoin terms.
UK services sector continues its recovery, PMI survey says
Sky News - 5 Apr 2023 10:32
The UK's services sector has reported its second consecutive month of growth, according to a closely-watched survey.
First Mover Asia: Chilly DOGE, While Bitcoin Simmers Over $28.6K
Coin Desk - 5 Apr 2023 03:28
ALSO: The head of markets for crypto research firm Delphi Digital said Binance's loss of market share has stemmed largely from its struggles with regulators. He also called bitcoin's current threshold at about $28K "a to...
Seoul Takes Control Over $160 Million in Assets of Former Terraform Employees, Founder
Bitcoin.com - 5 Apr 2023 02:30
Authorities in South Korea have reportedly seized assets worth billions of won belonging to former representatives of Terraform Labs. The measure should prevent suspects in the case with the failed blockchain firm from s...
The Fed: Fed's Mester sees 'somewhat' higher interest rates ahead
Market Watch - 5 Apr 2023 01:22
Cleveland Fed President Loretta Mester said her forecasts includes 'monetary policy moves somewhat further into restrictive territory' this year.
Gender pay gap: Five things to bear in mind
BBC - 5 Apr 2023 01:02
Don't just blame companies for the imbalance. Society needs to change, say experts.
Judge in Fox News Defamation Trial Opens Door to Murdoch Testimony
Wall Street Journal - 5 Apr 2023 23:55Disney Names Hulu Chief Joe Earley Head of Streaming, Disney+'s Michael Paull to Exit
AdWeek - 5 Apr 2023 23:52
Major changes are continuing at Disney. Today, Alan Bergman and Dana Walden, co-chairmen, Disney Entertainment, announced that Hulu chief Joe Earley will serve as its new president of direct-to-consumer for Disney Entert...
FC Barcelona's Ronald Araujo Tells Real Madrid Star Vinicius Jr To Focus On Football After El Clasico Antics
Forbes - 5 Apr 2023 23:49
FC Barcelona defender Ronald Araujo has advised Real Madrid rival Vinicus Jr to focus on football following an explosive episode of El Clasico at Camp Nou at Camp Nou.
Tax deadlines to keep in mind with Tax Day coming up
USA Today - 5 Apr 2023 23:49
Taxes are due by April 18 unless you file for an extension or live in parts of Mississippi, Georgia and other states that had recent natural disasters
Personal Finance Daily: MarketWatch's 2023 Financial Literacy Quiz is here and what is the standard deduction for 2022
Market Watch - 5 Apr 2023 23:42
Wednesday's top personal finance stories.