Many people dream of going to space, and Virgin Galactic Holdings (NYSE: SPCE) wants to make that dream come true for thousands of passengers. The company is seeking to offer space tourists the opportunity to reach low Earth orbit, and although the price is $ 250,000, Virgin Galactic has many …
Read More »Supreme Court limits SEC power to seek punitive fines from crypto companies
The United States Securities and Exchange Commission (SEC) has new regulatory limitations when it comes to punishing defendants with fines. The ruling would have altered the fines requested in some recent cases involving notable cryptocurrencies. According to a June 23 summary of the US Supreme Court case. USA Liu v. …
Read More »Asia stocks in four-month high as markets remain stubbornly optimistic
SYDNEY (Reuters) – Asian stocks hit a four-month high on Wednesday as investors remained stubbornly optimistic about prospects for a reopening of the world economy, even as coronavirus cases appeared to be accelerating to new peaks. FILE PHOTO: A man wearing a protective face mask, after the outbreak of coronavirus …
Read More »The IRS gives additional relief to retirement savers needed to take plan distributions
Workers also contribute less to retirement funds; Fox Biz Flash: 05/27. As Americans grapple with the financial consequences related to the coronavirus pandemic, the IRS released a new guide in hopes of easing some retirement savers. The CARES Act allowed people to skip taking their required minimum distribution in 2020, …
Read More »The United States economy is improving; The increase in COVID-19 cases is a threat
WASHINGTON (Reuters) – Sales of new single-family homes in the United States increased more than expected in May and business activity contracted moderately this month, suggesting that the economy was on the verge of recovering from the recession caused by the crisis in COVID-19. FILE PHOTO: Real estate signs advertise …
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