Financial News

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Bitcoin cryptocurrency

Business & Lifestyle

Bitcoin falls to lowest level since 2020

NEW YORK (UPI) -- Bitcoin fell once again Thursday as cryptocurrencies suffer from recession concerns. As of 6:45 p.m., Bitcoin was down 9.1%, valued at around $20,500, some of its lowest levels since 2020 and 60% down from its all-time high in November. The cryptocurrency has fallen 20% in the past week amid a broad sell-off in risk assets that have seen the Nasdaq Composite decline 6.1% in the same period. The decline also comes as Terra USD and its […]

todayJune 16, 2022 95

CAT Caterpillar

Business News

Caterpillar to relocate headquarters to Texas

DEERFIELD (The Center Square) – Caterpillar, one of Illinois' top employers, is moving its corporate headquarters from the Chicago suburbs to Irving, Texas, the company announced Tuesday. The industrial equipment maker is the second major employer to announce a move from Illinois after Boeing said last month it was relocating its headquarters from Chicago to Arlington, Va. "We believe it's in the best strategic interest of the company to make this move," Caterpillar CEO Jim Umpleby said in a statement. "It supports Caterpillar's strategy […]

todayJune 14, 2022 75

business passive income

Business News

Eight uncommon passive income business ideas

Passive income is a great way to make money while you sleep. There are many ways to generate passive income, but not all of them are created equal. In this article, we will explore eight unique and uncommon ways to generate passive income. Some of these methods may be more or less applicable depending on your individual circumstances, but they all have the potential to provide you with a steady stream of income. Rental properties One popular way to generate […]

todayJune 6, 2022 23

business career office space brand workplace employees company time affirmations

Business News

Essentials for starting an international digital company

In order to start a digital company that can transcend international borders, there are a few essential things you must take into account. The first is the legal structure of your company. You need to decide if you want to be a corporation, limited liability company, or some other type of entity. You will also need to choose a jurisdiction to incorporate your company. This article will discuss some of the most critical factors you need to consider when starting […]

todayMay 26, 2022 28

Financial News

IRS to pay interest on delayed refunds

WASHINGTON (UPI) -- The Internal Revenue Service (IRS) said Friday it will pay 5% interest to people with delayed tax returns starting in July. That's up a full percentage point from the last interest rate increase in April. In a Friday statement, the agency said the new rates on delayed refunds, considered overpayments by the IRS, will be 4% for corporations starting July 1. The interest will be 7% on large corporate underpayments exceeding $10,000, according to the agency. Explaining how […]

todayMay 21, 2022 106

Security Bancorp, Inc.

Business News

Security Bancorp announces annual cash dividend

MCMINNVILLE, Tenn. (GlobeNewswire) -- Security Bancorp, Inc. (OTCBB:SCYT) announced that the Board of Directors has declared an annual cash dividend of $1.00 per share on outstanding common stock. The cash dividend will be payable on July 1 to shareholders of record as of the close of business on June 1, 2022. Security Bancorp, Inc. is the holding company for Security Federal Savings Bank of McMinnville. It is a Tennessee state-charter financial institution with a headquarters in McMinnville, Tenn. On Mar. […]

todayMay 20, 2022 16

saving business money investments summer spending

Financial News

Looking to invest your money digitally?

The traditional way to invest your money is to buy real assets that you can measure and sell in the future for a good profit. On the other hand, the internet has opened up many more ways to invest. You would be putting yourself behind if you did not think about the many digital options you have now. When you invest your money online, you do not even have to leave your couch to make money. But before you rush […]

todayMay 12, 2022 28

Carvana

Automotive News

Carvana to lay off 2,500 employees

PHOENIX (UPI) -- Online used car retailer Carvana plans to lay off 2,500 employees, according to a document filed with the U.S. Securities and Exchange Commission on Tuesday. The company made the decision to make the cuts, which represent roughly 12% of its workforce, in response to macroeconomic factors that have "pushed automotive retail into recession," according to the filing. "While Carvana is still growing, our growth is slower than what we originally prepared for in 2022, and we made […]

todayMay 12, 2022 96

fuel gas prices

Financial News

How to adapt with soaring fuel prices

If you thought fuel prices were high last year, they just got higher. The needless war between Russia and Ukraine has caused global oil prices to rise substantially at a time when living costs, in general, are higher than ever before. So what's the solution? There must be one somewhere. Actually, there are quite a few. The fact is we can continue to live in the way we always have, continue to pay the going rate for fuel and insurance, […]

todayApril 26, 2022 60

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