You’d have to hold U.S. Treasury bonds for 57 years to not lose to inflation. See full story.
IRS: We’ll delay April 15 tax-filing deadline by one month — but there’s one caveat
The IRS has already received more than 55 million tax returns. See full story.
Duckhorn IPO: 5 things to know about Napa Valley wine’s first debut in decades
Wall Street takes one the California’s fabled Napa Valley wineries public on Thursday, raising $300 million for Duckhorn Portfolio via the first wine initial public offering from the region in at least 20 years. See full story.
The Tesla bubble: Bets on electric cars and the rise of SPACs have led to a new version of the dot-com boom
Investors take on the role of venture capitalists as they look for the next big thing, overvaluing young companies years before they could even begin to show the type of returns that would validate the valuation — Sound familiar? See full story.
‘My pulse rate had shot up to 120 as I gasped my way into the ER’: Italy resumes AstraZeneca vaccine, and tightens lockdown
More than half of Italy’s regions are now in the ‘red zone,’ just one year after the country effectively shut down. See full story.
‘We have some family and friends who are struggling to make ends meet, particularly as a result of the pandemic. Having means, we chose to help them financially and sent sizable checks.’ See full story.