NewsWatch: Big tech’s trillion-dollar pandemic year may be just the beginning


This week concludes the first quarter earnings reports of the five biggest giants in tech, illustrating how much bigger Big Tech actually grew since the pandemic began a year ago, and their results are mind-numbing. See full story.

‘This is not going to end well’: Billionaire Leon Cooperman says stock market will be lower a year from now

Billionaire investor Leon Cooperman says he’s a “fully invested bear” with “an eye on the exit.” See full story.

Avoiding Biden’s proposed capital-gains tax hikes won’t be so easy—or will it?

Many taxpayers could avoid the tax by timing the realization of capital gains, but the elimination of the stepped-up basis loophole could mean the government would collect a lot of revenue. See full story.

Looking to buy a second home in Mexico? Here’s what you need to know

Cindy Krstich was visiting Mexico for the first time, and promised a friend she would take a look at some condos the friend’s son was building in Playa del Carmen. Twenty years later, she called the decision to purchase one of the units “one of her best.” See full story.

Here’s how much the 2021 NFL draft picks will earn on their rookie contracts

No. 1 pick Trevor Lawrence will make an estimated $36.8 million from his rookie contract See full story.


Also, a big legal threat to Apple and its 30% cut from iPhone game sales. See full story.

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