• POLICY REVEAL: How a Joe Biden presidency will affect real estate

    4 days ago - By Business Insider

    Joe Biden.
    Win McNamee/Getty Images
    Joe Biden has been elected the 46th president of the United States. And as he approaches taking office on January 20, his policy proposals loom. His housing plan suggests big changes lie ahead for the real-estate industry. Biden's stated goals - which include implementing a $15,000 tax credit for first-time homebuyers and closing the racial wealth gap in housing - affect all socioeconomic classes. Ultrawealthy real-estate investors, middle-class homeowners, renters in underserved communities, and everyone in between are all poised to have their lives...
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  • The world's biggest crypto fund manager says Bitcoin is the next step in the evolution of money - and 'I can't use it to buy coffee' is no longer a sound argument

    4 days ago - By Business Insider

    Nicolas Economou/NurPhoto via Getty Images
    Bitcoin is not a fad that will fade away, said Michael Sonnenshein, managing director of Greyscale Investments. Investors understand that "buying Bitcoin and putting it in their portfolio is meant to be a store of value, inflation hedge, a digital gold, a digital form of money," Sonnenshein told Business Insider. Investors should not get hung up over the fact that there are only 21 million Bitcoin that will ever exist, because each coin has a 100 million units. Investors like the fact they can buy a fraction of the coin and add to their position...
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  • Trump's defeat by Joe Biden has triggered a huge wave of relief among the United States' European allies

    4 days ago - By Business Insider

    Business Insider
    Democratic presidential nominee Joe Biden speaks one day after Americans voted in the presidential election, on November 04, 2020 in Wilmington, Delaware.
    Drew Angerer/Getty Images
    Joe Biden's defeat of Donald Trump caused widespread relief in European capitals.
    Berlin was particularly relieved after four years in which relations with the US badly deteriorated.
    However, Trump's legacy has accelerated trends in the transatlantic relationship which means that transatlantic relations will likely never be the same again.
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  • Twitter says it will hand over the official presidential account to Joe Biden on Inauguration Day

    4 days ago - By Business Insider

    Rafael Henrique/SOPA Images/LightRocket via Getty Images
    Twitter will hand over the official POTUS account to President-elect Joe Biden when he's sworn in on Inauguration Day, the company said on Friday.
    The social media company plans to do the same for other Twitter handles linked to the presidency, including FLOTUS, VP, and whitehouse accounts.
    This move won't affect President Trump too much as he's been largely tweeting from his personal account realDonaldTrump.
    However, his private account could be much more highly regulated after he leaves the White House.
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