The IRS has finally released their long-awaited tax reporting guidelines for digital assets. This means crypto investors need to get ready, as changes are coming soon. Starting in 2026, brokers will have to report gross proceeds from sales made in 2025 using a new form called 1099-DA. A year later,
Starting in 2026, the Treasury Department in the U.S. will make it mandatory for crypto exchanges like Coinbase to disclose the details of user transactions to the Internal Revenue Service (IRS). This move is aimed at reducing tax evasion through cryptocurrencies. Think of it like a report card that
On Monday morning, stock futures saw a slight rise as investors waited for big earnings reports from major companies later in the week. Let's dive into which stocks made the biggest moves of the day. NewAmsterdam Pharma Company (NASDAQ: NAMS) jumped over 15% ahead of their conference call. This cal
In 2023, the story of crime in the U.S. is a mix of good news and bad news. Let's start with the good: violent crimes are down a bit from where they were before the pandemic hit in 2019. That’s right, the lockdowns of 2020 sent homicide rates soaring by almost 30%, but things have calmed down since
The United States is on high alert as the presidential election and the tense situation in the Middle East approach. The Department of Homeland Security warned that the threat level remains high due to potential dangers from extremists fueled by the heated political climate at home and conflicts abr
On Friday, a panel on Fox Business tried to find the downside of a impressive jobs report. Despite showing strong job growth and wage increases outpacing inflation, one panelist, Joanie Bily, wasn't convinced. She pointed out that most new jobs came from healthcare and leisure/hospitality sectors, w
Imagine this: a college student, just 21 years old, becomes the go-to person for weather updates during a hurricane. That's exactly what happened with Ethan Clark from North Carolina. He started a simple Facebook page in seventh grade to share forecasts with friends and family. Fast forward to Hurri
Gearing up for an exciting cricket series, India and Bangladesh are set to clash in a three-match T20I tournament starting on October 6 at the New Madhavrao Scindia Cricket Stadium in Gwalior. This comes hot on the heels of India's stellar performance in the recent two-match Test series where they e
Imagine this: You're walking down the street, and suddenly, you see a billboard announcing that the job market added 254,000 jobs in September. Surprised? That’s because it beat everyone’s expectations! The unemployment rate also dropped from 4.2% to 4.1%. Wages are up too, with an average gain of a
On Friday, stocks had a great day! The S&P 500 went up by 0.9% to hit 5,751.07, and the Nasdaq Composite did even better with a 1.22% increase to 18,137.85. The Dow Jones Industrial Average also had an amazing day, adding 341.16 points for a new record high of 42,352.75. The jobs report for Septemb
