Fourth-Quarter Estimates and 2020 Levy Payments Coming Due Today marks the deadline for some taxpayers to file their Q4 estimates in order to avoid fees: specifically, those earning income from small business, self-employment, investments, and gig economy work. Paying 90% of 2021 taxes owed by the deadline will also help [...]
Economic Data Today, the January Empire State Manufacturing Index is released, summarizing business conditions within New York State and the surrounding region. December’s New York manufacturing index rose unexpectedly by a full percentage point, but the news was overshadowed by weaker-than-expected retail sales across the country. The January NAHB (National [...]
What Came First, the Market or the Fed? The hardest part about interpreting the inflation situation is that you can build a case for being optimistic or pessimistic depending on what you focus on. Here’s a summary of the December data released yesterday: • Headline CPI +7.0% y/y compared to +6.8% [...]
The Tech Sector’s Metaverse Focus Is Obvious, But Others Want In The metaverse is largely associated with the tech sector for obvious reasons. Accordingly, proponents envision a full-scale digital realm that combines the use of equipment and software. To date, tech giants like Microsoft (MSFT), Meta (FB), Alphabet (GOOGL), and [...]
Highly Volatile Stock Market Makes TPG’s IPO a Test Case Bankers say yesterday’s initial public offering from private-equity firm TPG (TPG) is a good test of where the IPO market is headed this year. Analysts had expected the shares to be offered anywhere between $28 and $31, with TPG ultimately [...]
Online Financial Services Company Qonto Valued Near $5 Billion As French Fintech Roars French Fintech Qonto is announcing a new fundraising round of 466 million euros. This brings the company’s valuation to just under $5 billion, or 4.4 billion euros. The outfit services small and medium-sized companies, offering both bookkeeping [...]
The news that U.S. inflation has hit 7% not only makes people recoil at the sticker shock at the gas pump and in the grocery-store aisles but also leads to some questions about what’s the best housing option right now, buying or renting. Although to some, it’s more what is [...]
