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Key tax changes this year could mean bigger tax refunds for many

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Many taxpayers will face numerous tax changes on their federal returns this season after the government put in place various stimulus provisions to provide financial relief during the pandemic. That could mean a higher tax refund for many this year.But for those who relied on unemployment insurance, they could have a smaller refund if taxes weren't withheld from their benefits … [Read more...] about Key tax changes this year could mean bigger tax refunds for many

The SEC Finally Says Enough to One Social Media-Fueled Trade

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The Securities and Exchange Commission finally ordered a trading halt in a stock because of a coordinated attempt to manipulate stock prices on social media. Sound familiar? It should to anyone that followed the GameStop saga. But this time the social-media mob wasn’t targeting a dying company—it was touting a dead one.That company is … [Read more...] about The SEC Finally Says Enough to One Social Media-Fueled Trade

Bausch Health rallies toward 10th straight gain after Carl Icahn discloses large stake

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Shares of Bausch Health Companies Inc. BHC, +1.79% rallied 5.8% in premarket trading Friday, putting them on track for a 10th straight gain, after billionaire activist investor Carl Icahn disclosed that he had a acquired 27.8 million share, or 7.83% stake, in the pharmaceuticals and medical devices company. That's enough to make Icahn the company's … [Read more...] about Bausch Health rallies toward 10th straight gain after Carl Icahn discloses large stake

The stock market is a fascinating place right now: Morning Brief

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BloombergA Crypto Kid Had a $23,000-a-Month Condo. Then the Feds Came(Bloomberg) -- Stefan Qin was just 19 when he claimed to have the secret to cryptocurrency trading.Buoyed with youthful confidence, Qin, a self-proclaimed math prodigy from Australia, dropped out of college in 2016 to start a hedge fund in New York he called Virgil Capital. He told potential clients he had … [Read more...] about The stock market is a fascinating place right now: Morning Brief

Stock futures edge lower after reaching record highs

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BloombergA Crypto Kid Had a $23,000-a-Month Condo. Then the Feds Came(Bloomberg) -- Stefan Qin was just 19 when he claimed to have the secret to cryptocurrency trading.Buoyed with youthful confidence, Qin, a self-proclaimed math prodigy from Australia, dropped out of college in 2016 to start a hedge fund in New York he called Virgil Capital. He told potential clients he had … [Read more...] about Stock futures edge lower after reaching record highs