Finance

Shares of General Motors Company (GM) hit a record high on Tuesday, mounting a tough 2017 resistance in the mid-$40s. Unusually strong buying pressure took accumulation readings to new highs at the same time, paving the way for impressive returns in 2021. The old-school automaker has Tesla, Inc. (TSLA) and d ‘other electric vehicles (EVs)…

Taking payment in Ethereum brings in a gamut of advantages for both users and entrepreneurs. Transitioning to a blockchain-based ecosystem brings in a string of advantages for users as well as entrepreneurs. Here is a drop-down detailing why accepting payment in Ethereum works well for the customers of an enterprise: Additional payment option In a…

Employers are offering 401(k) plans, with their tax advantages, as an advantage to attract and retain talent. Increasingly, however, Americans with 401(k)s are not working with a single company for their entire career. Today, people typically stay with a company for about 4.1 years, according to the US Bureau of Labor Statistics. Employees who change…

Shares of DraftKings Inc. (DKNG) fell out of favor in October, falling more than 50% in less than four weeks after hitting an all-time high in the mid-$60s. The stock has been on the road to recovery since then, recouping around two-thirds of those losses. The steep drop was unsurprising as the company is still…

Australian indie game developer Grease Monkey Games, a subsidiary of Animoca Brands, has received financial support from video-game giant Epic Games to develop a new blockchain-based motorsport game Torque Drift 2. Receiving an Epic MegaGrant from the Fortnite developers, the funding will be used to develop the motorsport title, which is based on drifting. The…

To get the most out of your tax-efficient 401(k) retirement savings plans, try to contribute as much as you can. The Internal Revenue Service (IRS) sets annual limits for how much you can contribute, but that doesn’t always mean contributing up to that limit is in your best financial interest, or even possible. You will…

Buying an investment property can be a smart financial decision. As you pay down debt, you accumulate equity in a property that ideally appreciates over time. Then there are the tax benefits. You can deduct your rental costs from any income you earn, including things like mortgage interest, property taxes, insurance, repairs and maintenance, and…

Bitcoin (BTC) fell rapidly on Aug. 19 as the culmination of a week’s sideways action ended in disappointment for bulls. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView New lows “just a matter of time” Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it dropped 6.2% in a single hourly candle. Reacting, traders hoped…

With Everlance, create an IRS-compliant mileage log and sync your bank accounts and credit cards for expense and receipt tracking. This application is particularly appreciated by freelancers. Advantages GPS used to create an IRS compliant mileage log Syncs with bank or credit card for expenses and receipts Export mileage and expense reports in PDF, CSV…