Author: super@dmin
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: Uber execs believe gig-work rules not on Biden administration’s agenda soon
U.S. Labor Secretary Marty Walsh caused a stir when he said last spring that he thought gig workers should be classified as employees in many cases. But Uber executives don’t believe new laws will happen anytime soon after meeting with Walsh.
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TaxWatch: A severely backlogged IRS with ‘limited resources’ temporarily halts a slew of tax-return notices
The IRS is trying to cut down on paperwork as it sifts through a pile of unprocessed returns and mail.
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The Fed: Fed’s Bullard backs aggressive rate hike path – starting with 50 basis point move in March
St. Louis Fed President James Bullard said Thursday he would like to see the Fed’s policy rate 100 basis points higher by July 1.
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Distributed Ledger: Bitcoin starts clawing back from 3-month downtrend, but may not be out of the woods yet, analysts say
A weekly look at the most important moves and news in crypto and what’s on the horizon in digital assets.
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Earnings Results: Blue Apron stock tumbles as turning a profit is still only ‘a goal over the longer term’
Shares of Blue Apron Holdings Inc. suffered the biggest selloff in about 17 months on Thursday after the meal-kit company reported a wider loss and revenue that fell, while spending on marketing soared and is expected to increase even more this year.
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Economic Report: U.S. runs $119 billion January budget surplus, Treasury says
The federal government ran a budget surplus of $119 billion in January, the Treasury Department said Friday.
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: 5 Super Bowl prop bets, including ‘Gatorade shower color’ and ‘will there be an octopus?’
The Super Bowl is expected to reach a record $1 billion in legal bets, which include widely popular prop bets
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Commodities Corner: How natural gas will play a ‘transition role’ in the move toward net-zero emissions
The natural-gas market has seen some notably large day-to-day price moves since the start of the year—and that’s not just because of the weather.
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Mark Hulbert: The surprising twist in what rising inflation means for the stock market
Many investors are guilty of something known as “inflation illusion’”
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Sustainable Investing: Investors shy away from purely ‘green’ stocks in favor of energy-transition play: poll
More stock market money could soon flow into historically polluting companies that have plans to clean up their act, and less into so-called pure “green” plays.