Ether, the native cryptocurrency of Ethereum, hit another all-time high of $4,634 on Wednesday, according to CoinGecko. In terms of growth, the price of ether has largely outperformed bitcoin, the largest cryptocurrency by market value, this year. It also has some well-known fans, including billionaire investor Mark Cuban. “I have my fair share of bitcoin,
Wealth
It is hard to miss inflation in the recent numbers, and maybe even more so, the fear that inflation is going to hang around a lot longer than the Federal Reserve and investors would like. You may see it at the pump, in food prices, or the housing market, and for those who follow stocks,
Former Theranos CEO Elizabeth Holmes leaves a federal court after a status hearing on July 17, 2019 in San Jose, California. Kimberly White | Getty Images SAN JOSE, CALIF. — A former estate attorney told jurors in Elizabeth Holmes’ criminal trial that he invested $6 million in Theranos after being introduced to Holmes by ex-Secretary
Tasos Katopodis | Getty Images News | Getty Images Democrats jettisoned a number of proposals to raise taxes on the wealthy in their $1.75 trillion social and climate spending measure. But those taxes are set to increase even if lawmakers don’t touch them. Starting in 2026, the marginal income-tax rate paid by the highest earners
Jeff Bezos speaks at the COP26 climate summit in Glasgow, United Kingdom on November 2, 2021. Paul Ellis | Pool | Getty Images Amazon founder Jeff Bezos has pledged $2 billion in funding to help restore nature and transform food systems. The funding, which will come from the Bezos Earth Fund, is part of the
Some countries have managed the global pandemic better than others. The same can be said for cities. But understanding how cities are faring in the fight against Covid is more complicated that comparing infection rates and mask rules. The London-based analytical agency Deep Knowledge Analytics (DKA) examined 114 variables across five categories of pandemic responses:
Bill Koplitz | Moment | Getty Images A retirement tax strategy favored by the wealthy survived in Democrats’ latest social and climate spending plan, after an earlier version had it on the chopping block. So-called backdoor Roth strategies are a way for the rich to skirt income and savings limits that apply to Roth individual
Paige Montgomery with daughter Penelope Paige Montgomery Women have been disproportionately impacted by job loss during this pandemic, and mothers have been hit even harder. Since February 2020, the economy has experienced a decline of nearly 5 million jobs — and women account for 57.5% of those losses, according to the National Women’s Law Center.
US Treasury Secretary Janet Yellen speaks during a meeting with business leaders and CEOs on the need to address the debt limit, on October 6, 2021, in the South Auditorium of the White House in Washington, DC. Nicholas Kamm | AFP | Getty Images Treasury Secretary Janet Yellen told CNBC on Friday the $1.75 trillion
Thirteen years ago, Tesla was regularly criticized for only “making toys for rich people,” as co-founder and CEO Elon Musk put it at the time. But Musk had a vision for the automaker’s eventual path toward affordable electric vehicles. And today, his predictions seem eerily accurate. On Tuesday, Tesla car owner membership group Tesla Silicon
Twitter and Square CEO Jack Dorsey recently issued a dire economic prediction, complete with a frightening phrase: hyperinflation. “Hyperinflation is going to change everything. It’s happening,” Dorsey tweeted on Oct. 22. Later, in response to a follower’s follow-up question, Dorsey added that “[hyperinflation] will happen in the U.S. soon, and so the world.” Such an
Bill Gates wants more college students to read his latest book, so he’s letting them do it for free. For the rest of this week, college or university students can download a free digital copy of Gates’ best-selling book, “How to Avoid a Climate Disaster: The Solutions We Have and the Breakthroughs We Need,” the