Stay informed with free updates Simply sign up to the UK tax myFT Digest — delivered directly to your inbox. The UK’s tax authority has warned that it faces additional costs this year as 1.2mn extra people are pulled into the tax net because of higher earnings and savings rates. Jim Harra, chief executive of
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In this week’s newsletter, we dive into the dynamic world of nonfungible tokens (NFTs) and their impact on the digital landscape, as NFT sales have skyrocketed to an impressive $129 million in November, according to data from Nansen. Despite the surge in sales, OpenSea has laid off a substantial amount of staff as it prepares
Toncoin (TON) price reached its highest levels in almost a year as crypto traders assessed a slew of optimistic updates in its market, including the recent launch of “Giveaways” on Telegram. In result, Tron (TRX) is now the tenth-biggest cryptocurrency with a market capitalization of over $9 billion — its highest ever. Telegram CEO buys
The state of Washington filed a brief with the U.S. Supreme Court in an ongoing battle to defend the capital gains excise tax lawmakers approved in 2021. In Quinn v. Washington, the plaintiff, Chris Quinn, has asked the high court to review its case and overturn the Washington State Supreme Court’s 7-2 March ruling that upheld
Visitors around the Charging Bull statue near the New York Stock Exchange, June 29, 2023. Victor J. Blue | Bloomberg | Getty Images The S&P 500 is up 14% this year, but just eight days that explain most of the gains. If you want a simple indication of why market timing is not an effective
Janice McAfee, the widow of tech impresario John McAfee, is still in the midst of grief. She is doing “odd jobs to feed herself,” has run out of funds, and still doesn’t know what really happened to her husband. Since the death of crypto guru and antivirus pioneer husband John McAfee in a Barcelona prison
Vail, Colorado, has no shortage of notable landmarks. There’s the mountain itself with world-class skiing and snowboarding, the European-style pedestrian village and Gore Creek, which cuts through the heart of the resort town itself. But for locals and visitors alike, an unusual condominium building also fills the bill: the iconic dome home. The three-unit residence
Ivanka Trump, assistant to U.S. President Donald Trump, listens during an American Workforce Policy Advisory Board meeting in the East Room of the White House in Washington, D.C., U.S., on Friday, June 26, 2020. Al Drago | Bloomberg | Getty Images Ivanka Trump, the eldest daughter of former President Donald Trump, is scheduled to testify
Several large new-issues priced into a stronger market with munis seeing gains across the yield curve amid constructive secondary activity as U.S. Treasuries pared back some of Mondays losses and equities also improved. Triple-A yields fell three to five basis points while USTs made gains up to eight basis points out long. The two-year muni-to-Treasury
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Voters are heading to the polls in several states across the US on Tuesday, in off-year elections that will be seen as an indicator of which way the political winds are blowing for President Joe
Bitcoin (BTC) has been trading within a narrow 4.5% range over the past two weeks, indicating a level of consolidation around the $34,700 mark. Despite the stagnant prices, the 24.2% gains since Oct. 7 instill confidence, driven by the impending effects of the 2024 halving and the potential approval of a spot Bitcoin exchange-traded fund
Munis were slightly firmer in light secondary trading to start the week, while U.S. Treasuries were weaker and equities ended the trading session up. The two-year muni-to-Treasury ratio Monday was at 69%, the three-year at 69%, the five-year at 70%, the 10-year at 71% and the 30-year at 90%, according to Refinitiv Municipal Market Data’s
Let’s say you’re in the market for a regal Las Vegas spread that’s close to The Strip and big enough for 20 of your BFFs to each have their own bedroom. You’re in luck. A sprawling compound with 10 buildings on almost 16 acres in a gated golfing community has come on the market at
In this article WE Follow your favorite stocksCREATE FREE ACCOUNT The WeWork logo is displayed outside of a shared commercial office space building in Los Angeles, California on August 8, 2023. Embattled office-sharing firm WeWork on August 8 warned US regulators that it is worried about its survival. Citing financial losses, cash needs, and a
Voters in Rhode Island’ will face several local ballot questions Tuesday, mostly for for local school bonds. Rhode Island is in the midst of a state-backed overhaul of its educational facilities, many of which are deemed to be outdated and in need of replacement or renovation, and local officials hoping to tap a state reimbursement
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. PwC plans to cut up to 600 jobs in the UK as a plummeting number of resignations at the firm pushes it to make staff redundant instead. The firm will launch a voluntary redundancy programme
Lugui Tillier is the sales manager for Lumx Studios, one of the top cryptocurrency firms in Rio de Janeiro — a city with a burgeoning crypto industry. But for Tillier — who holds dual citizenship between Belgium and Brazil — cryptocurrency is more than a job. It was a passion sparked by a friend, and it
The S&P 500 Index soared 5.85% last week, its best performance since November 2022. A large part of the gains were fuelled by expectations that the Federal Reserve will not hike rates anymore. In comparison, Bitcoin (BTC) had a much muted performance with a rise of approximately 2%. However, a positive sign for cryptocurrency investors
The Biden administration Monday announced $16.4 billion for dozens of infrastructure projects aimed at improving train times and efficiency across Amtrak’s Northeast rail corridor. Biden is set to highlight the investment today during a speech in Delaware. The largest grant, totaling $4.7 billion, goes to Maryland to replace the 150-year-old Baltimore and Potomac Tunnel, considered
Blockchain-based startups continue to gather funding during the current bear market, with MetaMask partner Blockaid raising $33 million in October. However, the overall funding in the crypto industry has dropped to levels last seen in 2020, amassing $2.1 billion over 297 deals in the third quarter of 2023, as reported by Messari. As is often