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
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
Cincinnati will sell its Cincinnati Southern Railway system — the last municipally owned railroad in the country — and use the proceeds to create a permanent investment fund for infrastructure needs under a measure narrowly approved by voters Tuesday. The city will net $1.62 billion in the deal, considered one of the few instances of
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
Loading… Loading… Loading… Financial technology company PayPal Holdings PYPL reported third-quarter results after the market close Wednesday. Here are the key highlights. What Happened: PayPal reported third-quarter revenue of $7.4 billion, which was up 8% year-over-year. The revenue beat a Street consensus estimate of $7.38 billion, according to data from Benzinga Pro. The company reported
Republican lawmakers are increasingly concerned about a tide of anti-Israel content on TikTok during the war with Hamas and they are renewing their push to ban the China-owned app, The Post has learned. While TikTok is highly secretive about the algorithms that distribute millions of short-form videos on the app daily, there are some telltale
It’s dangerous to produce alone! Take Sony. — The Legend of Zelda is getting a live-action film from Nintendo and Sony Maze Runner director, Jurassic World writer, and no release date yet. Kevin Purdy – Nov 7, 2023 11:26 pm UTC Enlarge / We have no idea what’s going to be in the movie, but
Loading… Loading… Loading… A technical hiccup at a major clearinghouse has led to a cascade of direct deposit delays for customers at several leading banks, including JPMorgan Chase & Co JPM , Wells Fargo & Co WFC , Bank of America Corp BAC and Truist Financial Corp TFC . The glitch, which surfaced Friday, has
“culture of fear” — The European Space Agency may have a bullying problem Ex-employees, ESA documents, and court cases point to longstanding problems. Tereza Pultarova – Nov 7, 2023 5:07 pm UTC Enlarge reader comments 79 with Alex has been passionate about space exploration since her childhood. (Pseudonyms are used, and some genders are obscured
US total household debt levels continued to rise in the third quarter, amid a surge in credit card debt tied to a hot economy, while borrowing troubles increased in a way that if sustained could signal looming turbulence for the economy, a report from the Federal Reserve Bank of New York released Tuesday said. In its quarterly report,
House for sale in Millbrae, California. Xinhua News Agency | Xinhua News Agency | Getty Images Mortgage rates saw the biggest one-week drop in over a year last week, causing the first increase in mortgage demand in a month. Total mortgage application volume rose 2.5% last week, compared with the previous week, according to the
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) mining heavyweights Marathon Digital and Riot Platforms are among the most overvalued crypto mining companies relative to their competitors, says MinerMetrics founder and analyst Jaran Mellerud. The key metric backing Mellerud’s claim is enterprise value-to-sales ratio — measuring a company’s value to its sales revenue. The higher the ratio, the more overvalued a
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
Who is this person anyway? Irene Zhao, the Simp-Queen mastermind behind the SO-COL platform and a Crypto Twitter influencer, explains that having a celebrity in your corner can turbocharge your NFT collection. Zhao’s first Simp DAO and NFT collection, IreneDAO, started with a floor price that was basically pocket change in ETH. “I think it
Share Tweet By Tr Goins-Phillips Editor November 6, 2023 “Wonder Woman” star Gal Gadot an Israeli national is using her influence in Tinseltown to organize a screening of IDF footage of Hamas atrocities for a curated group of Hollywood elites. The screening, put together by Gadot and Oscar-winning Israeli director Guy Nattiv, will reportedly show
Share Tweet By Billy Hallowell Editor November 6, 2023 A medical doctor saving lives following Hamas’ deadly Oct. 7 assault on Israel recently detailed some of the miraculous moments he’s seen in the one month since the terror attack killed 1,400 and left thousands injured. Listen to them on the latest episode of Quick Start ? Dr.
Loading… Loading… Loading… St. Galler Kantonalbank (SGKB), Switzerlands fifth-largest cantonal bank, in partnership with SEBA Bank, launched digital asset custody and brokerage services for Bitcoin BTC/USD and Ethereum ETH/USD for its clients. The contract was signed in early 2023 post a short implementation project. The first set of customers will be wealth-management clients followed by