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Business, Economy, Personal Finance

“The IRS reminds Americans earning over $600 on PayPal, Venmo, or Cash App transactions to report their earnings”

“If you use third-party payment platforms, like PayPal, Venmo or Cash App, to collect payments for your side gig or business, the Internal Revenue Service (IRS) wants to remind you to report payments of at least $600. This rule is aimed at individuals who… Continue Reading…

Cryptocurrencies

“US Bank launches bitcoin custody service as institutions race to cater to crypto demand”

“…U.S. Bank, the fifth biggest retail bank in the nation, is expected to announce Tuesday that its cryptocurrency custody service is available to fund managers, CNBC has learned. The offering will help investment managers store private keys for bitcoin, bitcoin cash… Continue Reading…

Business

“Twitter launches its first subscription service”

“Twitter announced on Thursday the launch of Twitter Blue, the company’s first subscription service designed for power users willing to pay a monthly fee for exclusive features. It’s the company’s first attempt at a subscription business model and could diversify Twitter’s… Continue Reading…

Economy

“New $3,000 child tax credit to start payments in July, IRS says”

“The IRS plans to begin sending monthly payments from the new $3,000 child tax credit in July, Commissioner Charles Rettig said Tuesday during a hearing with the Senate Finance Committee. The new and significantly expanded child tax credit was included in the $1.9 trillion… Continue Reading…

Stocks

“Selling software service stocks on trade worries is a ‘big mistake,’ Jim Cramer says”

“Don’t give up on the entire technology sector of the market, according to CNBC’s Jim Cramer. The “Mad Money” host advised that selling off would be a poor miscalculation, urging investors to “ask yourself what you’re selling.” “If you’re dumping an ETF, be… Continue Reading…