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Monthly Archives: June 2023

Crypto firm Ripple gets in-principle payments license in Singapore

Brad Garlinghouse, chief executive officer of Ripple, speaks during the CoinDesk 2022 Consensus Festival in Austin, Texas, US, on Saturday, June 11, 2022. Jordan Vonderhaar | Bloomberg | Getty Images Blockchain company Ripple said Thursday it received in-principle regulatory approval to operate in Singapore, in a rare moment of good …

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More than 25% of U.S. workers are now covered under pay transparency laws

Just over 1 in 4 workers is now entitled to salary transparency by law — and proposals could double that number in the next few years. Nearly 44.8 million people, or 26.6% of the U.S. labor force, live in a state where employers are required by law to list salary …

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Jim Cramer says trim your portfolio and ‘take something off the table’

CNBC’s Jim Cramer warned investors on Wednesday that while bulls and bears make money, hogs get slaughtered. Cramer said it’s time to trim some hot stocks and keep money waiting in the wings while the Federal Reserve weighs its next move. “It’s okay to take something off the table after …

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Google accuses Microsoft of anti-competitive practices in Azure cloud

Google Cloud CEO Thomas Kurian speaks at the Google Cloud Next event in San Francisco, April 9, 2019. Michael Short | Bloomberg | Getty Images Google, which has spent years defending itself against claims of monopolistic behavior across the U.S. and Europe, is going public with its own complaint of …

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Robert F. Kennedy Jr. gets boost from Wall Street veteran

Omeed Malik, CEO, Colombier Acquisition Corp at the New York Stock Exchange, June 17, 2021. Source: NYSE Robert F. Kennedy Jr., the anti-vaccine activist who’s now running for president, has another wealthy backer in his corner: veteran Wall Street executive Omeed Malik. Last month, Malik took Kennedy to a swanky …

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With starter homes hard to find or afford, buyers get creative

In 2020, Amanda Schneider was forced out of her rental unit near Nashville, Tennessee, when her landlord sold the property. Tired of renting, she decided she wanted to own and pitched an unusual idea: co-buying a home with her two roommates. The more they thought about it, the more it …

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Taxpayer experience in 2023 ‘vastly improved’ compared with 2022: Report

D3sign | Moment | Getty Images The recent tax season was relatively smooth compared with last year’s. But national taxpayer advocate Erin Collins still sees room for improvement as the IRS rolls out funding plan changes. “Overall, the difference between the 2022 filing season and the 2023 filing season was …

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Teenagers are in high demand as summer hiring surge gets under way

More than half of Tal Thompson’s 46 employees are teenagers. The owner of the Art Factory in Midlothian, Virginia, said this summer, more than ever, she’s been inundated with applications from high school and college students looking for work. The pay for jobs at the studio and coffee shop, which …

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Why Supreme Court hasn’t decided on Biden’s student loan forgiveness

The Washington Post | The Washington Post | Getty Images Within two weeks, the Supreme Court justices should break for their summer recess. And yet there’s been no ruling on President Joe Biden’s sweeping student loan forgiveness plan. For many borrowers, it’s been an anxious wait. “Waiting to hear whether …

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Uber rival Bolt will deliver food to your door via self-driving robots

Bolt is set to launch food delivery via robot in partnership with the robotics firm Starship Technologies. Bolt Estonian ride-hailing firm Bolt says it will begin delivering food to people’s doors from a fleet of self-driving robots through a partnership with robotics firm Starship Technologies. The company said it would …

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