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TurboTax Bid For Credit Karma Triggers Antitrust Worries

PYMNTS

As the leader in DIY taxes, TurboTax has been dealing with escalating competition from Credit Karma, which is now a leading financial app among younger customers. Credit Karma started offering a free tax filing service in 2017. It shares about 80 percent of the market with H&R Block.

Taxes 130
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Grocery Tracker: Food Markets’ Lag In Online Presence

PYMNTS

In other organic grocery news, former Sprouts Farmers Market CEO and current Chairman Doug Sanders is reportedly stepping down from his board position effective Feb. Elsewhere, a new tax is set to be levied on sugary beverages sold in restaurants and supermarkets in five more U.S. has seen uninterrupted growth since 2011.

Online 100
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Bitcoin Daily: Block.one Crypto Startup Nets Shareholders 6,567 Pct. Return; US Copyright Office Refutes Claim Of Bitcoin ‘Inventor’

PYMNTS

Block.one is very much the odd one out in the crypto market,” said Tom Shaughnessy, co-founder of Delphi Digital, a crypto research firm in New York, according to Bloomberg. And the Central District Court in Israel has ruled that bitcoin is an asset and subject to capital gains tax (CGT). That is $6.6 million for a $100,000 stake.

Bitcoin 134
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Tesco To Unload Thailand, Malaysia Assets In CP Group Deal

PYMNTS

The move will enable the company to focus on producing shareholder returns and cash from its United Kingdom, Central Europe and Ireland markets, The Wall Street Journal reported. billion, prior to taxes and other charges. The grocer has left markets such as the U.S., The grocer has left markets such as the U.S.,

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Beyond emissions: the interplay of macroprudential regulation and climate policy

BankUnderground

In a new working paper , we show that cap-and-trade schemes lead to lower volatility in GDP and financial variables, and result in reduced welfare costs of the business cycle , when compared to the more widely known carbon taxes. We find that a cap-and-trade system keeps the economy significantly more stable.

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Steal This 5-Step Banking Innovation Playbook from Gentle Monster

South State Correspondent

Gentle Monster Background Founded in 2011 by Kim, Gentle Monster initially struggled to break through against large brands like Luxottica which controls an estimated 30% of the US market, and is behind almost every single designer eyeglass brand you can think of, including Ray-Ban, Oakley, Armani, Ralph Lauren, Chanel, Prada and many more.

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Guest Post: Financial Markets and Economic Update by Dorothy Jaworski

Jeff For Banks

Never Satisfied The markets never seem to be satisfied. The Federal Reserve recently took heed of market and economic messages, ending its tightening campaign and beginning its “patience” campaign. The markets hardly seemed satisfied with these two moves as they began building in rate cuts. The impact of the tax cuts has faded.