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The price of bitcoin has once again reached the $70,000 mark, bringing attention to the tax implications for both new and seasoned crypto investors. Despite experiencing fluctuations in value, with the price dropping under $67,000 after hitting $69,982.00, bitcoin still remains up by more than 50% year-to-date. Various factors, such as statements from Former President
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McDonald’s executives have recently admitted that consumers find the company’s prices too high, especially lower-income consumers who are now more hesitant to spend money due to high inflation rates. They have acknowledged the need for a “forensic approach” to evaluate their pricing strategy and create better value for customers. The company’s second-quarter earnings were worse
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The recent plummet in Ford Motor’s stock prices has sent shockwaves through the automotive industry, reminiscent of the Great Recession. While Ford managed to steer clear of bankruptcy during that tumultuous time, the current scenario points towards an uphill battle for automakers in the United States. The market, traditionally a profit engine for most automakers,
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Heineken’s shares suffered a significant blow as they opened nearly 7% lower due to disappointing first-half profit growth. The company’s stock plummeted by 7.9% during trading hours in London, causing concern among investors. Operating profit, which was anticipated to show organic growth of 12.5%, fell short of expectations at 13.2%. Beer sales, estimated to grow