May 21, 2024
Loans

Tribe receives $500K grant to create small business loans | News

CHICKASHA — The Cherokee Nation was recently awarded a $500,000 Rural Business Grant from the U.S. Department of Agriculture to create small business loans that support Cherokee citizen-owned businesses and create community-based jobs. Deputy Chief Bryan Warner accepted the donation during the Oklahoma Tribal Opportunity Partnership Summit. “I measure our success as a tribe by

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Investment

Capital gains taxes: What to know when you sell your home or other asset

Capital-gains taxes occur when you sell an asset, like your home or a stock. They are paid to both the state and federal government. The government collects a percentage tax on the gain or profit of the asset while in your possession. As you think ahead to tax season, understand that taxes on capital gains were lowered

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Investors

Jim Cramer says it’s time for investors to take some profits

CNBC’s Jim Cramer on Thursday said the market’s had a significant run, and it may be time to ring the register. One of Cramer’s core tenets is to never be greedy and take profits when you can. He suggested it may be time to take some shares off the table in part because the Federal

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Crypto

Inter Miami soccer jersey replaces crypto with cruises

Benjamin Cremaschi #30, Lionel Messi #10 and Luis Suarez #9 of Inter Miami CF unveil new jerseys during the Royal Carribean & Inter Miami CF Launch Event on January 23, 2024 in Miami, Florida. Megan Briggs | Getty Images Sport | Getty Images Argentinian superstar Lionel Messi and his teammates at Major League Soccer’s Inter

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Crypto

Crypto firm Terraform Labs files for Chapter 11 bankruptcy protection

Terraform Labs has filed for Chapter 11 bankruptcy protection, less than two years after a collapse of the company’s cryptocurrency devastated traders around the world January 22, 2024, 10:30 AM ET • 2 min read NEW YORK — Terraform Labs has filed for Chapter 11 bankruptcy protection, less than two years after a collapse of

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Crypto

U.S. targets Iraqi airline, its CEO and Hamas cryptocurrency financiers for sanctions

WASHINGTON (AP) — The U.S. on Monday hit Iraqi airline Fly Baghdad and its CEO with sanctions, alleging assistance to Iran’s military wing — and in addition, imposed a fifth round of sanctions on the militant group Hamas for abuse of cryptocurrency since the October 7 terrorist attack on Israel. The sanctions come as Israel’s

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Finance

Macy’s rejects Arkhouse’s $5.8 billion bid, citing financing concerns

A Macy’s store is seen at Herald Square on December 11, 2023 in New York City.  Michael M. Santiago | Getty Images Macy’s on Sunday rejected Arkhouse Management and partner Brigade Capital Management’s $5.8 billion proposal to take the department store operator private, citing concerns over deal financing and valuation. Arkhouse Management, a real-estate-focused investing firm, and Brigade Capital Management, a global asset

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Investment

Wealth and investment expert David Dawkins puts decades of industry experience to good use

ORLANDO, Fla. – This week on “Black Men Sundays,” host Corie Murray interviews David Dawkins. Dawkins has more than 35 years of financial industry experience and was the first Black person to serve on the Wells Fargo Advisors’ Operating Committee, currently the managing director of National Sales within the company’s Wealth & Investment Management division.

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Finance

US China official conclude meeting on financial issues

US and Chinese officials have completed the third meeting of a working group established to cooperate on financial issues, a step that continues the trend set by the two powers last November to ease tensions By HUIZHONG WU Associated Press January 20, 2024, 2:57 AM ET • 2 min read BANGKOK — US and Chinese

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Property

Ellicott Development closes on Olean property sales | News

OLEAN — A Buffalo-based developer purchased several commercial properties in Olean in recent weeks, according to county sales records. Ellicott Development, founded by Carl Paladino and operating Olean 2020 LLC, closed on several properties, according to the December report of sales from Cattaraugus County Real Property and GIS Services. The largest sale — for 129

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