March 29, 2024

Month: July 2021

Chicago Loop Alliance announces lineup for very first Sundays on Condition party getting location on July 11

Chicago Loop Alliance is asserting the lineup for the first Sundays on Point outparty, getting area from 11 a.m. to 8 p.m. on Sunday, July 11, on Condition Road from Lake to Madison. Sundays on State is an bold open up streets venture that is no cost and open up to the general public. It will consider put on July 11, 18 and 25, Aug. 8, 22 and 29 and Sept. 5 and 12. Notice that there will be no gatherings on Aug. 1 or 15. Individuals who sign up to show up at Sundays on Point out at 

Will Shopify Be a Trillion-Greenback Stock by 2030?

E-commerce is gaining attractiveness all around the world. Electronic revenue represented approximately 18% of whole retail previous calendar year, up from 14% in 2019, according to eMarketer. That craze has translated into potent advancement for Shopify (NYSE:Shop), which is now a $185 billion business.

Even so, I consider the future looks bright for this Canadian tech company. Soon after all, e-commerce is still significantly from ubiquitous, and Shopify is executing on a potent progress system. Here is why this enterprise could be really worth $1 trillion by 2030.

Seller packaging an item for shipment.

Impression resource: Getty Pictures

Large industry option

Shopify democratizes commerce. Its

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2021 Wage Cap Rises for Social Security Payroll Taxes

Starting Jan. 1, 2021, the maximum earnings subject to the Social Security payroll tax will increase by $5,100 to
$142,800—up from the $137,700 maximum for 2020,
the Social Security Administration (SSA) announced Oct. 13. The
SSA also posted a fact sheet summarizing the 2021 changes.

The taxable wage cap is subject to an automatic cost-of-living adjustment (COLA) each year based on increases in the national average wage index, calculated annually by the SSA.


Payroll Taxes: Cap on Maximum Earnings


Type of Payroll Tax


2021 Maximum Earnings


2020 Maximum Earnings

Social Security

$142,800

$137,700

Medicare

No limit

No limit

Snap Inc. Announces Second Quarter 2021 Financial Results

SANTA MONICA, Calif.–(BUSINESS WIRE)–Snap Inc. (NYSE: SNAP) today announced financial results for the quarter ended June 30, 2021.

Financial Highlights

  • Revenue increased 116% to $982 million in Q2 2021, compared to the prior year.
  • Net loss improved 53% to $(152) million in Q2 2021, compared to the prior year.
  • Adjusted EBITDA improved 223% to $117 million in Q2 2021, compared to the prior year.
  • Operating cash flow was $(101) million in Q2 2021, compared to $(67) million in the prior year.
  • Free Cash Flow was $(116) million in Q2 2021, compared to $(82) million in the prior year.