Here’s what’s in and what’s out as pay-fors to pay for the Build Back Better Act. getty What tax hikes are in the social policy and climate change bill that Democrats are trying to pass by year-end? It depends what day it is. The latest version, a revised $1.75 trillion Build Back Better Framework, released…
Last week was historic for the cryptocurrency markets with the approval of the ProShares Bitcoin Strategy ETF on the NASDAQ NDAQ , bridging yet another gap for investors between the legacy financial system and cryptocurrency markets. The ProShares ETF was an important milestone, but not the first time investors have been presented with the opportunity…
I spoke to a few friends today about the Rent The Runway IPO, and quickly tried in perhaps untimely country Western film form to isolate my hot take on the good, the bad, and the ugly… Jennifer Hyman and team celebrate their IPO Bloomberg.com The Good: The stock began trading at $23 per share, nearly…
It may soon get easier for some student loan borrowers to discharge their debt through bankruptcy. getty It may soon get easier for some borrowers to discharge their student loan debt through bankruptcy. But many questions remain about what these changes may look like, and how sweeping any reforms will ultimately be. Student Loans And…
President Joe Biden (Photo by Drew Angerer/Getty Images) Getty Images Is it time to limit student loan forgiveness? Here’s what you need to know. Student Loans In a new editorial, Bloomberg’s editorial board writes that student loan forgiveness should be reimagined: fewer student loans cancelled, fewer student loan borrowers who qualify, and better targeting to…
A robo-advisor has a few very significant flaws that can offer a false sense of security to … [+] investors, especially as they mature in their financial lives. getty The landscape of the financial planning industry is changing rapidly with the growth of technology, and everything these days seems to be moving towards automation. So…
Digital fashion allows users to build virtual wardrobes that they can “wear” for their avatars and … [+] social media posts or to other digital environments. REPUBLIQU Once upon a time, fashion editorials and features were only ever published in print. If it didn’t make it to the next issue’s pages, it never happened. These…
NEW YORK, NY – JUNE 17: The Apple logo is displayed at the Apple Store June 17, 2015 on Fifth … [+] Avenue in New York City. The company began selling the watch in stores Wednesday with their reserve and pick up service. Previously the product could only be ordered online. (Photo by Eric Thayer/Getty…
City at night KraneShares Key News Asian equity markets were largely off overnight with India off nearly -2%. Mainland China was dragged lower by energy and materials stocks with coal stocks down significantly on policies capping the price. Coal futures on the Dalian Exchange slumped -11% overnight having fallen -35% from their October 19th high. Inflationary…
Volkswagen ID.3 electric car stands on an elevator platform inside one of the twin towers used as … [+] storage at the Autostadt promotional facility next to the Volkswagen factory in Wolfsburg, Germany. (Photo by Sean Gallup/Getty Images) Getty Images Volkswagen shares dived almost 4-1/2% as investors penalized Europe’s biggest automaker for reporting sharply lower…