Pipe cofounder and CEO Harry Hurst made the surprise decision to resign less than four years after starting the company. Pipe Three cofounders of fintech lending startup Pipe, valued at $2 billion in a funding round last year, are stepping down from the Miami company. The departing executives include co-CEO Harry Hurst, 33; co-CEO Josh… More
By Richard Eisenberg, Next Avenue getty Sharon Greenfelt Kersten, a 70-year-old publicist, loved the $1,900-a-month Fort Lauderdale, Florida, two-bedroom rental house where she lived and worked. But in November 2021, her landlord told her he planned to raise the rent by roughly 40%, to $2,800 monthly. “I absolutely could not afford that,” says Kersten. So,… More
Pay less attention to stock prices and more to what your portfolio companies are earning. Warren Buffett, chairman and chief executive of Berkshire Hathaway (Photo by Chip Somodevilla)Getty Images Is the bear market about to resume? Maybe. But even if it doesn’t, there will be a big correction at some point and then another and… More
Tony Blair, Bill Clinton and Sam Bankman-Fried on stage at the Crypto Bahamas conference. Trustnodes Poker chips, high stakes, and big money. Throughout last week, a few yards away from the Caribbean’s largest casino in the Bahamian capital, Nassau, about 2,000 people gathered at the Baha Mar resort’s convention center to discuss cryptocurrencies and the… More
If you own any Treasuries, take a grim look at what’s left after inflation and taxes. Inflation has already crossed the 6% mark. Are we going to see 7%? What does that do to savers? My answers are “Yes, soon” and “They get slaughtered.” The inflation rate, as measured by the one-year gain in the… More
Hailey LennonSenior ContributorOpinions expressed by Forbes Contributors are their own.I cover regulatory developments impacting the cryptocurrency industry. Check in, Airport Departure & Arrival information board sign taken in 2015. getty A relatively hidden provision in the $1 trillion bill plans to help pay for new roads and bridges by making the tax collection of crypto… More
Most families with children are eligible for advance payments of the 2021 Child Tax Credit. getty Some 36 million families are eligible for advance payments of enhanced child tax credits for 2021, and the Internal Revenue Service has launched two new online tools to help taxpayers navigate this tax law change. There’s a Child Tax… More
This is an excerpt from Deal Flow, Forbes’ daily newsletter about big buyouts, big mergers and the rest of Big Finance. Want a new edition in your inbox every afternoon? Subscribe here. What happens when you combine just about every major buzzword that has enveloped private equity in recent years in a single $12.5 billion… More
Which is better, using appreciated securities or an IRA? Here’s a calculator to answer the question. Volunteers at Habitat for Humanity in Culver City, California. (Photo by John Wolfsohn) Getty Images The 2017 tax law, with its huge standard deduction, did serious damage to the tax benefits of philanthropy: Now, for a lot of taxpayers,… More
Season to pay Tax, Budget, and Tax planning concept. Business woman wear glasses calculating annual … [+] tax and using mobile phone. Calendar 2021 and personal income tax form placed on home office desk. getty For the second year in a row, you have additional time to file your federal taxes. On March 17th, the… More
Shell Oil’s Jackpine open pit oil sands mine in Alberta, Canada. U.S. and Canadian banks account for … [+] almost half of global fossil fuel financing, according to a new report. The Washington Post via Getty Images The world’s biggest banks have pumped a staggering $3.8 trillion into fossil fuel industries over five years, a… More
The U.S. Department of Education rolls back the previous administration’s borrower defense to repayment rules, even as a judge upholds some of the DeVos-era regulatory changes. The U.S. Department of Education will provide full relief in all previously-approved borrower … [+] defense to repayment discharge claims. Getty The borrower defense to repayment discharge cancels federal… More
As an evil force threatens the kingdom of Kumandra, it is up to warrior Raya to leave her Heart Lands home and track down the legendary last dragon to help stop the villainous Druun. © 2020 Disney. All Rights Reserved. DISNEY When every Disney princess unconventionally strong, feisty and empowered, “unconventional” becomes the Disney Princess… More
LONDON, UNITED KINGDOM – JULY 1O: Prince Charles, Prince of Wales, Camilla, Duchess of Cornwall, … [+] Queen Elizabeth ll, Meghan, Duchess of Sussex, Prince Harry, Duke of Sussex, Prince William, Duke of Cambridge, Catherine, Duchess of Cambridge and Princess Anne, Princess Royal stand on the balcony of Buckingham Palace to view a flypast to… More
Protect yourself from Social Security scams. Be on the lookout for fake calls and emails. getty If you’re shopping at CVS tomorrow, you might hear the voice of Social Security Commissioner Andrew Saul over the speaker system, warning Americans to beware of Social Security telephone and email scams. Screens behind customer service desks at Walmart… More
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