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Banking, Business, Economy

“IRS commissioner indicates AI will play growing role in future tax collection”

“You can’t spell Internal Revenue Service without AI, and its commissioner, Danny Werfel, offered a vision this week for how the tax collecting agency intends to use artificial intelligence in the not-too-distant future. Werfel, in remarks made April 17 at UiPath… Continue Reading…

Investing

“Why Helium Could Be The Hottest Commodity Play Of 2022”

“Helium is already 100x more expensive than natural gas—even with skyrocketing oil and gas prices. And the helium land rush is on in full force. It’s made easier by the fact that the bulk of helium comes from natural gas… Continue Reading…

Cryptocurrencies

“Dogecoin Cheers Coinbase Listing as Bitcoin’s Range Play Continues”

“…According to on-chain analyst Willy Woo, the cryptocurrency is trading well below its fair value. Thus, a price bounce cannot be ruled out. In contrast, JPMorgan analysts foresee another leg lower before stability and recovery. Bitcoin fell from $58,000 to nearly $30,000 in… Continue Reading…

Precious Metals, Stocks

“Silver jumps 7% as Reddit traders try their squeeze play with the metal”

“Silver futures traded 7.3% higher at $28.87 an ounce at roughly 11:15 a.m. ET. The metal previously traded up around 11%, which would have marked the largest one-day pop in silver on NYMEX since a 13% spike in March 2009…… Continue Reading…

Business, Economy

“U.S. landlords, retailers play hardball as mall rent collections plunge”

“…with thousands of stores closed under strict lockdown measures and multiple national retail chains crumbling, mall operators’ rent collections have collapsed, raising doubts about their future. Mall operators collected only 15% of April rent and trends are looking worse for… Continue Reading…

Stocks

“Millennial bets most of his savings on one of the stock market’s riskiest plays — and he’s about to cash in $1.5 million”

“…  he took most of the cash he managed to save from his day job and put it to work in one of the riskiest corners of the market. He claims he purchased about $100,000 worth of Direxion Daily Financial… Continue Reading…