The founders of Three Arrows Capital, Kyle Davies and Zhu Su, are not cooperating with liquidators after their crypto hedge fund filed for bankruptcy, according to Bloomberg. In court documents, Teneo, the advisory firm expected to liquidate the remaining assets of Three Arrows, said that Davies and Zhu had not been giving “meaningful cooperation” throughout… Continue reading The founders of bankrupt crypto hedge fund Three Arrows Capital are reportedly not cooperating with liquidators and their whereabouts are unknown
Soaring energy prices help Russia push its current account surplus to a record $70.1 billion in the second quarter despite sanctions
In the second quarter of 2022, Russia’s current account surplus hit $70.1 billion, its highest mark since at least 1994, according to Russian central bank data released Monday. Exports dipped to $153.1 billion from $166.4 billion in the first quarter, but imports saw a steeper decline, falling to $72.3 billion from $88.7 billion. For the… Continue reading Soaring energy prices help Russia push its current account surplus to a record $70.1 billion in the second quarter despite sanctions
The Fed will likely choke off an economic rebound then change course as markets enter a new era of volatility, BlackRock says
BlackRock warned Monday of increased market volatility as the Federal Reserve and other central banks try to rein in inflation and avoid a steep downturn. Analysts at the world’s largest asset holder said that policymakers are tackling inflation the wrong way, by using rate hikes to address problems caused by production constraints. “The Federal Reserve,… Continue reading The Fed will likely choke off an economic rebound then change course as markets enter a new era of volatility, BlackRock says
Oil is being tamed by recession fears but Russia’s ‘weaponization’ of commodities could push prices higher again, RBC’s commodities chief says
Oil prices are being contained by fears of a recession , but that could change in the second half of this year, as Western nations risk retaliation from Russia in advance of European sanctions kicking in, RBC global commodities head Helima Croft said. “My bet is that we’re going to see further Russian action in… Continue reading Oil is being tamed by recession fears but Russia’s ‘weaponization’ of commodities could push prices higher again, RBC’s commodities chief says
macOS Ventura preview: Productivity is Front and Center
Jacob Krol/TheStreet Like clockwork, your Mac will jump into the next generation of software this fall with macOS Ventura. It was announced in June at Apple’s annual WWDC event alongside iOS 16, iPadOS 16, and watchOS 9. I’ve been using the developer beta of Ventura since it was announced, and starting today, a public beta… Continue reading macOS Ventura preview: Productivity is Front and Center
iPadOS 16 preview: It’s all About Multitasking
Jacob Krol/TheStreet This Fall, iPadOS 16 will land to all users with a compatible model and deliver a pretty sizable set of new features. It will have all of the fancy new ones that it shares with iOS 16, like the ability to edit or undo Messages, and a new Home app, among others. But… Continue reading iPadOS 16 preview: It’s all About Multitasking
What Is a Tax Levy and Tax Lien?
Tax liens and tax levies may come into play when you don’t pay the taxes you owe. If you find yourself in this position, it’s important to understand the actions the IRS can take. Here’s what to know about tax liens, tax levies, and how they work. TurboTax Live experts look out for you. Expert… Continue reading What Is a Tax Levy and Tax Lien?
What’s the Most Important Tax Rate?
Marginal and effective tax rates are discussed in detail around tax season. So, which one is the most important? As part of TheStreet’s ongoing tax series, we’ve gathered some of the top CPAs in the country to answer your tax questions. This week, Retirement Daily’s Robert Powell caught up with Jeffrey Levine, CPA and tax… Continue reading What’s the Most Important Tax Rate?
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