Russia’s attempt to make payments on dollar bonds with rubles constitutes a potential default, a panel ruled. The Credit Derivatives Determinations Committee called the payment a “potential failure-to-pay event.” The ruling brings Russia to the brink of its first sovereign debt default in a century. Loading Something is loading. Russia’s attempt to pay for two… Continue reading Russia faces potential default scenario after using rubles to make payments on dollar bonds, industry group rules
Spruce up Your Home Office With These Plant Stands
Shutterstock The Arena Media Brands, LLC and respective content providers to this website may receive compensation for some links to products and services on this website. For those of us who consider ourselves green thumbs, or just good with plants overall, we know just how fulfilling it is to watch something you’ve nurtured grow and… Continue reading Spruce up Your Home Office With These Plant Stands
Rates at 5% Send Mortgage Applications Reeling
The bad news continues to mount for the housing market. In the latest development, mortgage applications fell 5% seasonally-adjusted in the week ended April 15 from a week earlier, according to the Mortgage Bankers Association. Refinancing applications dropped 8% from the previous week and were 68% percent lower than a year ago. Seasonally-adjusted purchase applications… Continue reading Rates at 5% Send Mortgage Applications Reeling
PayPal and Venmo Taxes: Tax Rules for Cash Apps and 1099-K Form Explained
The P2P (peer-to-peer) payment apps have soared in popularity in recent years. With players like Venmo, PayPal ( (PYPL) – Get PayPal Holdings, Inc. Report), Apple Pay ( (AAPL) – Get Apple Inc. Report), Tencent ( (TCTZF) ) (and so many more) some experts say the market will grow another 20% in 2022. With the increase… Continue reading PayPal and Venmo Taxes: Tax Rules for Cash Apps and 1099-K Form Explained
What Is Form 1099-B: Proceeds From Broker Transactions?
Information on the 1099-BIn most cases, a 1099-B form provides information about securities or property involved in a transaction handled by a broker. TurboTax Premier makes it easy and fast to import, upload, and accurately report your investments, effortlessly. You can auto import over 3500 transactions easily, whether from stocks, crypto, ESPPs, robo-investing, and more.… Continue reading What Is Form 1099-B: Proceeds From Broker Transactions?
What Is IRS Form 1099-DIV: Dividends and Distributions?
A common reason for receiving a 1099-DIV form is because some of the stocks you own pay dividends, or a mutual fund you invest in made a capital gains distribution to you during the year. You won’t file the 1099-DIV with the Internal Revenue Service, but you will need the information it reports when preparing… Continue reading What Is IRS Form 1099-DIV: Dividends and Distributions?
Netflix loses 200,000 customers in its first decline in a decade
Netflix shares, already down more than 40% this year, tumbled as much as 24% to US$265.11 in after-hours trading Author of the article: Bloomberg News Lucas Shaw Netflix projects it will lose another two million customers in the current second quarter, setting up its worst year ever as a public company. Photo by REUTERS/Dado Ruvic/File… Continue reading Netflix loses 200,000 customers in its first decline in a decade
How Molson Coors is finding its way back as a ‘beverage’ company
A funny thing happened on the way down the drain Beer sales fell worldwide during the early days of the pandemic, replaced by wine, spirits and trendy coolers, seltzers and cannabidiol (CBD) concoctions. Photo by Molson It’s said that people turn to chocolate and wine in uncertain times. A guilty, often inexpensive pleasure to take… Continue reading How Molson Coors is finding its way back as a ‘beverage’ company
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