Buck Bully
Financial news
[CNBC, Getty] President Joe Biden has proposed a 39.6% top marginal income tax rate, up from the current 37%, to help fund the American Families Plan. That rate would affect single individuals with taxable income of more than $452,700 and married couples filing jointly with income over $509,300, according to […]
[CNBC, Getty Images] As the economy moves online, digital currencies will be the future of financial systems, according to Russia’s central bank governor, Elvira Nabiullina. Moscow published a consultation paper on a digital rouble in October, and aims to have a prototype ready by the end of 2021, while pilots […]
[CNBC | Bloomberg | Getty Images] Starting Tuesday, Coinbase Pro will accept inbound transfers of dogecoin. Trading will begin on or after 9 a.m. PT Thursday June 3, if liquidity conditions are met. Coinbase (COIN) is finally getting into dogecoin. Starting Tuesday, the crypto exchange is offering its Pro users the […]
[Yahoo! Finance, Getty] After watching bitcoin prices fall through a trapdoor over the past month, the bulls invested in the space have only one good option: stay long. “From here on out you are going to have to be a bit more discerning [in crypto], find projects that are adding value […]
[Zacks Equity Research] Investors are always looking for stocks that are poised to beat at earnings season and Plug Power Inc. PLUG may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report. That is because Plug Power is seeing […]
[CNBC, Getty] Chinese electric vehicle maker Nio should see sales growth accelerate in the near- and long-term, giving its stock upside of more than 50%, according to Citi. Nio’s shares have struggled in 2021, along with other stocks tied to the electric vehicle industry. The company’s U.S.-traded shares have slipped more than […]
[Bloomberg] Congress is investigating fraudulent loans facilitated by fintech lenders BlueVine and Kabbage. While fintech lenders only processed 15% of total PPP volumes, they’re involved in 75% of fraudulent loans identified by the DOJ. Fintechs boasted fully-automated PPP applications and faster approvals than traditional banks. Congress has opened a formal […]
[Yahoo! Finance] In January 2021, the rise of retail investing and the subreddit r/WallStreetBets sparked a broader speculative movement in a few stocks that ended up disrupting trading at brokerages and culminating in a Congressional hearing. And after a relatively quiet few months, the so-called meme stocks are back in a big way. The movement’s mascot, GameStop […]
[Newsweek, Getty] Enthusiasts of the Shiba Inu cryptocurrency token are continuing to sign a petition calling on trading platform Robinhood to adopt the meme coin. The petition was created during the token’s rapid price rise around two weeks ago. The price has since plummeted, down just under 50 percent over […]
New York (CNN Business) Wild, stomach-churning moments are part of the experience when you buy a ticket to the crypto circus. But the past week’s volatility was enough to make some of the crypto faithful wonder whether they’ve been bamboozled. On Wednesday, a broad crypto crash wiped out about $1 trillion in […]