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What's open and closed on Presidents Day 2026? Here's what to expect on the federal holiday. CBS NewsIs the stock market open on Presidents Day? See 2026 holiday schedule. USA TodayWhat's open and closed on Presidents' Day 2026? What to know Houston ChronicleIs the stock market open Monday for Presidents Day? Will USPS, FedEx and UPS make deliveries? MarketWatch
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Here's how trading hours and other services will be affected on the federal holiday, which falls on Monday, Feb. 16, this year.
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US Banks to See New Mortgage Capital Requirements in Basel Plan Bloomberg.comFederal Reserve set to loosen US bank rules in attempt to boost mortgage lending Financial TimesUS bank regulators move closer to proposing new 'Basel' rules for large banks ReutersFed's Bowman wants to boost banks' share of mortgage market American BankerFDIC Close to Basel Endgame Rules Banking Exc
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Asia stocks muted in holiday-thinned trade, Japan dips on dismal GDP Investing.comShares subdued in Asia by holidays, dismal Japan data ReutersAsian shares trade higher ahead of Lunar New Year holidays and gold prices fall Yahoo FinanceStock Market Holiday: Is Chinese stock market closed this week for lunar new year 2026? Mint
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GM is working to restructure its struggling business in China, where its market share has fallen amid heightened competition, particularly from domestic brands selling low-priced EVs.
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The 2022 crypto price crash understandably has some investors concerned. But for those of you who haven't run for the hills, it's worth knowing that cryptocurrency currently has the attention of not only the Biden administration, and Congress, but the IRS as well. In terms of crypto news and taxes, the IRS recently proposed changes to cryptocurrency tax reporting question on the Form 1040. The agency will also receive $80 billion from the Inflation Reduction Act, some of which will be directed to digital asset enforcement—including cryptocurrency tax compliance.
Additionally, you may have heard that the IRS continues to successfully obtain court orders to require cryptocurrency brokers and exchanges to provide information to the IRS. That information concerns investors who failed to report and pay taxes on cryptocurrency transactions.
And while this IRS enforcement focus isn't new, recent crypto announcements and developments from Congress, the Biden administration, and the IRS, mean that it's important to stay up-to-date on crypto tax reporting and compliance. So, here's some information to get you started.
How Crypto is Taxed
A common question about cryptocurrency concerns how crypto is taxed. The answer is that cryptocurrency is considered property, so it's taxed by the IRS in the same way that other capital assets are taxed. As a result, when you sell or trade crypto, you can have asset losses and potential taxable gains depending on the fair market value of the virtual currency, and your basis in the crypto.
SEE MORE 9 Ways to Cut Crypto Taxes Down to the Bone
Given that, it
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AMONG radical environmentalists, it has often been said that carbon trading and carbon offsets (which allow emitters of greenhouse gases to "redeem" their sins by countervailing actions) are comparable to the medieval practice of selling indulgences. In those days, believers were encouraged to improve their prospects in the after-life through a monetary transaction with the Church. Reaction against this practice helped to inspire the Protestant Reformation.
The parallel is not perfect. Buying indulgences had few earthly consequences, besides making the Church richer. Whereas carbon markets, if they work as they are supposed to, could have the effect of helping to save the planet. In both cases, however, critics feel that moral integrity is compromised.
In any case, visitors converging on the Vatican today are unlikely to be given a free pass as easily as the fee-paying transgressors of the Middle Ages. Chief executives of leading oil companies are due to meet Pope Francis, whose green encyclical, "Laudato Si", calls for...Continue reading
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