Tuesday, August 10, 2021

Senate Advances Infrastructure Bill With Original Crypto Rule - CoinDesk

The U.S. Senate voted to advance a $1 trillion infrastructure bill without amending a provision that broadens cryptocurrency tax reporting requirements.

The  provision  seeks to enforce stronger information reporting rules for tax purposes on the crypto industry by ensuring that any brokers report transaction data to the Internal Revenue Service.

Publisher: CoinDesk
Date: 2021-08-09T14:59:48 00:00
Author: https www coindesk com author nikde
Twitter: @coindesk
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Source Capital, Inc. Declares Monthly Distributions on Common Stock

Source Capital, Inc. is a closed-end investment company managed by First Pacific Advisors, LP. Its shares are listed on the New York Stock Exchange under the symbol "SOR.

You should consider the Fund's investment objectives, risks, and charges and expenses carefully before you invest.

Twitter: @Yahoo
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Senate Democrats release $3.5T budget bill as infrastructure fight comes to a head ~ Missoula

WASHINGTON (CN) — Senate Democrats issued their budget Monday for a $3.5 trillion package that pours funding into social programs, climate change initiatives and free education, queuing up a widely expected maneuver toward passage without GOP support.

The package features a raft of climate provisions that the White House said in a summary Monday would put the U.S. on track to meet the administration's goal of 80% electricity and 50% economy-wide carbon reductions.

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Publisher: Missoula Current
Date: 2021-08-09T08:45:01-06:00
Twitter: @missoulacurrent
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ETFs set to overtake mutual funds as passive vehicle of choice | Financial Times

Global assets under management of passive, index-tracking ETFs hit a record $8.66tn at the end of June, according to data from Morningstar, just $132bn shy of those in passive mutual funds.

Andrew Jamieson, global head of ETF product at Citi, said the rise of ETFs was “clearly the direction of travel” with the fund structure “setting new records [for assets under management] all the time”.

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Date: 2021-08-09T04:15:01.628Z
Author: Steve Johnson
Twitter: @FinancialTimes
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Sword of double taxation hangs on Big Tech firms - The Economic Times
Publisher: The Economic Times
Date: The Economic Times
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What's in Store for CACI International's (CACI) Q4 Earnings?

The Zacks Consensus Estimate for fiscal fourth-quarter revenues is currently pegged at $1.56 billion, which indicates growth of 4.4% from the year-ago quarter.

The Zacks Consensus Estimate for non-GAAP earnings stands at $5.74 per share, suggesting year-over-year improvement of 56%.

Twitter: @Yahoo
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TortoiseEcofin Closed-End Funds Implement Several Measures to Increase Shareholder Value |

Tortoise Energy Infrastructure Corp. (NYSE: TYG)
Tortoise Midstream Energy Fund, Inc. (NYSE: NTG)
Tortoise Pipeline & Energy Fund, Inc. (NYSE: TTP)
Tortoise Energy Independence Fund, Inc. (NYSE: NDP)
Tortoise Power and Energy Infrastructure Fund, Inc.

Following the proposal to merge the two funds, management and the Board concluded that TTP and NDP will remain separate funds, each continuing to be managed under their existing strategies.

Date: 2021-08-09
Twitter: @businesswire
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From Berlin to Valencia: Five emerging European fashion hubs

When one thinks of the fashion capital of Europe, visions of the Eiffel Tower and the Champs-Élysées of Paris likely come to mind.

An unassuming fashion capital, Berlin's lack of a historic fashion pedigree has meant that the city has been undervalued - until now.

Berlin has stepped up its efforts to establish itself as the greenest fashion centre, setting up a green fashion hub in 2020 to promote sustainable designs.

Publisher: FashionUnited
Date: 2021-08-10T06:02:03Z
Author: Vivian Hendriksz
Twitter: @FashionUnited
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US establishment tries to limit the power of tech giants - Khmer Times

Social media and IT companies such as Google, Microsoft, Facebook, Amazon, Twitter, WhatsApp in Turkey and around the world are often criticised for not complying with the privacy of their personal data, and sometimes even leaking this information to intelligence services and commercial companies.

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Publisher: Khmer Times - Insight into Cambodia
Date: 2021-08-08T18:04:08Z
Twitter: @KhmerTimes
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