The early winner in the bitcoin ETF race has raked in $1 billion – CNBC
Traditional asset management giants are all set in the race to gain a foothold in Bitcoin exchange-traded funds after a strong first week of results. As Bernstein analyst Gautam Chughani highlighted in a note to clients on Thursday, BlackRock's iShares Bitcoin Trust (IBIT) was one of the first spot Bitcoin ETFs approved last week. has […]
New York governor proposes budget, including $2.4 billion for migrant crisis in NYC while cutting aid to some schools
Democratic New York Governor Cathy Hochul is proposing to allocate $2.4 billion to address New York City's immigration crisis, even as she calls for aid cuts to some schools. Hochul is unveiled budget proposal A total of $233 billion was paid to the state Legislature in Albany on Tuesday. “New York continues to carry the […]
Burger King owner Restaurant Brands buys franchisee Carrols for $1 billion
Check out what's being clicked on FoxBusiness.com Burger King's parent company will acquire Carroll's Restaurant Group, the fast food chain's largest franchisee in the United States, for a whopping $1 billion. Restaurant Brands International, which owns Burger King, Tim Hortons, Popeyes and Firehouse Subs, announced Tuesday that it will acquire Carroll's for $9.55 per share […]
New York governor’s $2.4 billion initiative aims to address migrant influx
New York Governor Kathy Hochul has proposed a $2.4 billion plan to deal with the influx of immigrants overwhelming New York City's homeless shelters. The proposal is part of a $233 billion budget plan by the governor's office, which has begun negotiations with legislative leaders. The treatment of immigrants, including the approximately 70,000 people in […]
IRS waiving $1 billion in penalty taxes, will kick off 2024 tax season on Jan. 29
The Internal Revenue Service (IRS) announced that taxpayers can begin paying taxes on their 2023 earnings starting January 29. (iStock) The Internal Revenue Service (IRS) has waived nonpayment penalties for eligible taxpayers affected by the 2020 and 2021 collection notice suspension. This penalty reduction will benefit nearly 5 million taxpayers, resulting in an estimated $1 […]