Author: Anthony M. Orbison
When you hit a jackpot on a slot machine or a video poker machine that’s worth $1,200 or more, you get what’s called a hand-pay. That means the machine you are playing on freezes up, and you have to wait for an attendant to bring you your winnings.That’s because any wins that reach that threshold must be reported to the IRS by cruise line (or land-based) casinos. House Chief Deputy Whip Guy Reschenthaler (R-Pennsylvania) and Rep. Dina Titus (D-Nevada), co-chairs of the bipartisan Congressional Gaming Caucus, have been working since early 2024 to modernize this policy.Related: Why it’s harder to…
If the above statement offends you, you might not have read the Bitcoin source code. Follow Rizzo on X.https://x.com/pete_rizzo_/ Of course, I’m sure you’ve heard that there are 21 million bitcoin – and this is true, the Bitcoin protocol allows for only “21 million bitcoin” to be created, yet these larger denominations can be subdivided into 100 million sub-units each. Call them whatever you want, there are only 2.1 quadrillion monetary units in the protocol.This dollars and cents differential has long been the subject of debate – in the time of Satoshi, Bitcoin’s creator, the dual conventions, Bitcoin having both…
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Investing.com — Ohio Senator Bernie Moreno, who will take his seat in the US Senate in January, is advocating for a major shift in automotive policy. He is pushing for Stellantis NV (NYSE:) to spin off Jeep, Ram, Dodge, and Chrysler, believing that these brands have been poorly handled by European interests and should be returned to American ownership. Moreno expressed his views on Wednesday while traveling around his home state in a Jeep Grand Wagoneer sport utility vehicle. He voiced his concerns about the management of these brands, particularly under the stewardship of John Elkann, a member of the…
President-elect Donald Trump is currently gearing up to take over the official reins of the United States. His tenure as the 47th president of the US is set to commence on January 20, 2025, ushering in a new wave of change within the current economic structure. His active leanings toward a pro-cryptocurrency regimen may bode well for the domain holistically. In this wake, these two coins may show an incredible price surge as Donald Trump continues to support these coins.Also Read: 2024 Sees $2.2 Billion in Cryptocurrency Losses from HacksTop 2 Cryptocurrency Coins That Donald Trump Is Banking OnSource: Watcher…
(Reuters) – The personal consumption expenditures (PCE) price index rose a less-than-expected 0.1% in November, marking a cooler inflation picture than October’s unrevised 0.2% gain, and, combined with solid but disappointing consumer spending, supported markets struggling with the Federal Reserve’s “hawkish’ rate cut this week. The Commerce Department also reported on Friday that in the year through November, the PCE price index advanced 2.4% after rising 2.3% in October. The increase in the annual inflation rate was partly due to last year’s low readings dropping out of the calculation. Excluding the volatile food and energy components, the PCE price index…
If you have ever negotiated a price for a car at a dealership, chances are, you were enticed to take a worse price than what you had in mind on the premise of “free” extras.Free floor mats, free tire rotations, window tints, oil changes, and extended warranties are just some of the services and items that dealers can offer to close a sale, but in the age of electric cars and technology, things are different.💰💸 Don’t miss the move: SIGN UP for TheStreet’s FREE Daily newsletter 💰💸Tesla (TSLA) EV sales don’t operate using the traditional franchised dealership model; they utilize…
contributor Posted: December 20, 2024 XRP has declined by 2.82% over the past 24 hours. Ripples whales buy 110 million XRP tokens worth $242 million. Over the past 24 hours, the crypto market has experienced strong downward pressure. With most altcoins declining following BTC’s drop to $95k, XRP was not spared. Over this period, Ripple’s [XRP] has experienced a sharp decline, hitting a low of $2.15. This drop has created a buying opportunity among investors, especially whales. As such, whales have turned to buying the dip. Ripple whales buy the dip In his analysis, Ali Martinez observed that Ripple’s whales…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Novo Nordisk’s shares fell sharply on Friday as disappointing results from tests of its latest obesity drug wiped about €90bn off the valuation of Europe’s largest company by market capitalisation. CagriSema helped patients lose an average of 22.7 per cent of their body weight in a late-stage trial, Novo Nordisk said on Friday, only marginally beating the results of Mounjaro, a rival treatment from Eli Lilly. Novo Nordisk had targeted an average of 25 per cent weight loss from its new drug.Martin…
Investing.com — US stock fell Friday as the threat of a US government shutdown increased, and as investors awaited the release of key inflation data. Here are some of the biggest premarket US stock movers today: FedEx (NYSE:) stock soared 6.7% after the delivery giant reported better-than-expected earnings in the fiscal second quarter, while also announcing that it’s planning on spinning off its freight business. Nike (NYSE:) stock slumped 7.4% after the sportswear retailer flagged “severe issues” in its guidance, despite second-quarter results topping expectations. Novo Nordisk (NYSE:) stock plunged 18% after the drugmaker said its experimental next-generation obesity drug…