News

Feb 03
US lawmakers reintroduce bill to stop IRS from taxing crypto transactions under $200

House Representative Suzan DelBene, introducing the latest iteration of the bill, said the United States needs to “ensure that our tax code evolves with our use of virtual currency.” 2209 Total views 85 Total shares A bill previously introduced by Washington Representative Suzan DelBene aims to exempt crypto users from paying taxes on transactions under […]

Feb 03
Clorox stock drops after company hit by lower margins, inflation

Clorox Co. CLX, -0.99% shares fell nearly 9% in the extended session Thursday after the maker of cleaning and other products got hit by lower margins and fewer sales amid “challenging” costs and inflation. Clorox said it earned $69 million, or 56 cents a share, in the fiscal second quarter, compared with $259 million, or […]

Feb 03
Nintendo considering ways to utilize NFTs in a way that doesn't diminish 'joy'

The developer of Super Mario and Pokemon franchises cares more about providing a good experience for its players than winning a console race. 716 Total views 39 Total shares After releasing its latest financial results report, Nintendo held a live Q&A where they reportedly expressed “interest” in the “potential” of the Metaverse when it comes […]

Feb 03
Stocks tumble into the close Thursday, halting a 4-session climb

U.S. stocks halted a four-day advance on Thursday, with the rate-sensitive Nasdaq Composite Index leading the way lower as equity benchmarks tumbled in the final hour of trade. The Nasdaq Composite comp skid 3.7%, shedding about 540 points, to finish near 13,878. The S&P 500 index spx fell 2.4%, while the Dow Jones Industrial Average […]

Feb 03
CSA Staff Notice 24-318 – Preparing for the Implementation of T+1 Settlement

Regulated Industries FCNB is responsible for the regulation and enforcement of securities, insurance, pensions, credit unions, trust and loan companies, co-operatives, mortgage brokers, pay day lenders, real estate and a wider range of other consumer legislation. We regulate 36,000 industry participants who make their living working with New Brunswickers’ money. These industry participants handle more […]

Feb 03
Grammy-winner John Legend launches new music and art NFT platform

American singer-songwriter John Legend is solidifying his position among the ranks of celebrities flocking to the world of nonfungible tokens (NFTs), helping to launch a new NFT platform for musicians and other entertainers. The platform called OurSong allows artists to tokenize and sell their work, awarding buyers with privileges like access to unreleased music and […]