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Millionaires who favor raising taxes on the rich launch protests in front of Amazon CEO Jeff Bezos’ home on Tax Day

[CNBC, GETTY] The move to blast Bezos in front of his home comes as President Biden and Democratic lawmakers are looking to to raise taxes on corporations and those making over $400,000 in order to pay for $2 trillion infrastructure proposal.Mobile billboards will also make appearances in front of Senate Minority Leader Mitch McConnell’s D.C. […]

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We have all longed for this moment’: Federal guidance says vaccinated Americans may go without masks.

[The New York Times] Federal health officials on Thursday advised Americans who are fully vaccinated against the coronavirus that they could stop wearing masks or maintaining social distance in most settings, the clearest sign yet that the pandemic might be nearing an end in the United States. The new recommendations from the Centers for Disease Control and Prevention […]

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Binance Faces Probe by U.S. Money-Laundering and Tax Sleuths

[Bloomberg, Getty] Justice Department, IRS seek information about crypto exchangeThe federal agencies haven’t accused Binance of wrongdoingBinance Holdings Ltd. is under investigation by the Justice Department and Internal Revenue Service, ensnaring the world’s biggest cryptocurrency exchange in U.S. efforts to root out illicit activity that’s thrived in the red-hot but mostly unregulated market. As part of […]

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Inflation speeds up in April as consumer prices leap 4.2%, fastest since 2008

[CNBC] The Consumer Price Index rise for April from a year earlier was the sharpest since September 2008.Economists surveyed by Dow Jones had been looking for an increase of 3.6%.One big reason for the acceleration was base effects – at this time a year ago, the economy was hit with the worst of the Covid […]

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Law firms are building A.I. expertise as regulation looms

[Fortune, Getty] There’s a wide gulf between A.I. system builders and legal experts. One boutique law firm is hoping to bridge it. What makes BNH.ai unique is that it combines deep expertise in data science and machine learning with deep expertise in law and regulation, especially around data privacy. Burt and Hall founded the firm […]

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5 red flags that can trigger a tax audit from the IRS

[Yahoo! Finance, Getty] Of the millions of taxpayers who filed their 2020 taxes, a handful of unlucky ones may have their returns singled out by the Internal Revenue Service for an audit. It’s not terribly likely. In the 2019 fiscal year, only 0.45% of the individual tax returns were audited, according to agency data, a rate […]

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Mark Cuban on his cryptocurrency portfolio: ‘I own a lot of Ethereum because I think it’s the closest to a true currency’

[CNBC, Getty Images] Billionaire investor Mark Cuban is bullish on the future of cryptocurrency and frequently compares blockchain technology to the early days of the internet. I don’t think people realize I try to test and use all this stuff and have for years. I still have crypto from the early days of coinbase. I’ve never […]

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Inside the rundown Washington, DC, home that got 76 cash offers

[New York Post, Realtor.com] A home that got 88 offers — 76 of which were cash offers — must be really something, right?via Realtor.com A home that got 88 offers — 76 of which were cash offers — must be really something, right? Well, this four-bedroom, two-bathroom abode 30 minutes outside Washington, DC, and only […]

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76 all-cash offers on one home. The housing madness shows no signs of slowing

(CNN) Ellen Coleman had never received so many offers on a house in her 15 years of selling real estate. She listed a fixer-upper in suburban Washington, DC for $275,000 on a Thursday. By Sunday evening, she had 88 offers. “The offers just kept coming,” she said. “I felt like Lucy with the chocolates. I’m thinking, […]

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