U.S. President-elect Donald Trump speaks during a rally the day before he is scheduled to be inaugurated for a second term, in Washington, U.S., January 19, 2025. Brian Snyder | Reuters President-elect Donald Trump is poised to sign a flurry of executive orders as soon as he’s sworn in, but imposing tariffs on U.S. trading partners
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Billionaire investor Stanley Druckenmiller believes Donald Trump’s re-election renewed a jolt of speculative enthusiasm in the markets and surging optimism within businesses. “I’ve been doing this for 49 years, and we’re probably going from the most anti-business administration to the opposite,” Druckenmiller said on CNBC Monday. “We do a lot of talking to CEOs and companies on the
In this article STLA GM STZ GOOS-CA MAT Follow your favorite stocksCREATE FREE ACCOUNT Customers shop for food at a grocery store on Jan. 15, 2025 in Chicago, Illinois. Scott Olson | Getty Images Many of the items that U.S. shoppers browse and buy in retailers’ aisles come from far-away factories or farms — a
Cho Tak Wong, the chairman of auto glass giant Fuyao Glass, bought the vacant General Motors manufacturing plant in Moraine, Ohio in 2014. The Washington Post | The Washington Post | Getty Images Chinese investments in the U.S. have dramatically declined since Donald Trump’s first term. This trend is unlikely to reverse as Trump returns
Cofotoisme | E+ | Getty Images How long it takes you to save for a 20% down payment on a home depends in part on where you live. In a pricey area such as New York City, it could take the typical buyer roughly 10.85 years to save $173,000, which is 20% of the median
A Spirit Airlines plane at New York’s LaGuardia Airport Leslie Josephs/CNBC Spirit Airlines is cutting about 200 jobs across the company as the struggling budget carrier seeks to reduce costs after it filed for Chapter 11 bankruptcy protection in November. “These decisions were not made lightly, as we know they impact professional and personal lives,”
In this article CG WAL BWMN SNAX Follow your favorite stocksCREATE FREE ACCOUNT Jakub Porzycki | Nurphoto | Getty Images The year 2024 was quite an eventful one for the U.S. stock market, with the S&P 500 Index gaining more than 20% for the second consecutive year. Several factors, including elevated inflation and interest rates,
After a prolonged period of job gains and wage increases, employers capped off the year by giving their employees bigger year-end bonuses, a new report found. The average bonus awarded in December was $2,503, on average, up from $2,447 in 2023 — an increase of just over 2%, according to an exclusive look at data
New Tesla cars are displayed at a Tesla dealership on December 20, 2024 in Corte Madera, California. Justin Sullivan | Getty Images DETROIT — Sales of all-electric vehicles and hybrid models reached 20% of new car and truck sales in the U.S. for the first time last year — marking a landmark year for “green”
Osaka, Japan. Jiale Tan | Moment | Getty Images The new year has many travelers thinking ahead to 2025 vacation plans — and how much those trips may cost. About half — 51% — of Americans say flight cost will determine their destination choices this year, according to Skyscanner. And 50% said hotel costs are
Gov. Moore Proposes Major Tax Changes Amid Budget Deficits Skip to content Home • Blog • Governor Moore Proposes Major Tax Changes in Maryland to Address Chronic Budget Deficits Facing a projected $3 billion budget deficit in fiscal year 2026, with forecasts of a growing gap over the next five years, Governor Wes Moore (D)
Maverick Carter, co-founder and chief executive officer of The SpringHill Company, during the USC Next Level Sports Conference in Los Angeles, California, US, on Thursday, Oct. 17, 2024. Kyle Grillot | Bloomberg | Getty Images A group of high powered investors want to raise billions to form a new international basketball league, according to people
In this article KBR Follow your favorite stocksCREATE FREE ACCOUNT KBR headquarters in Houston, TX. Courtesy: KBR Company: KBR Inc (KBR) Business: KBR provides scientific, technology and engineering solutions to governments and companies around the world. The company operates through two segments: Government Solutions and Sustainable Technology Solutions. Its Government Solutions (GS) business segment provides
Sweeping changes may be in store once President-elect Donald Trump takes office. Among them could be the closure of numerous federal agencies and regulators. Trump will be sworn in for a second nonconsecutive term in the White House on Jan. 20. Already, he has suggested major cuts to federal spending. To that end, Trump named Elon Musk and Vivek Ramaswamy co-chairs of
SpaceX’s mega rocket Starship launches for a test flight from Starbase in Boca Chica, Texas, Thursday, Jan. 16, 2025. Eric Gay | AP SpaceX launched the seventh test flight of its Starship rocket on Thursday, but lost communication with the upper stage of the rocket that continues on into space. The company’s webcast showed data stopped transmitting from Starship about
Passengers walk along the platform after disembarking from a train at Chongqing North Railway Station during the first day of the 2025 Spring Festival travel rush on Jan. 14, 2025. Cheng Xin | Getty Images News | Getty Images BEIJING — As promised government support is still to meaningfully kick in, China’s economy hasn’t yet
sturti | E+ | Getty Images As tax filing season starts, 1 million taxpayers are already set to receive automatic payments from the IRS. That has many people asking, “Will I receive an IRS stimulus check in 2025?” “IRS automatic stimulus payments” is a breakout search, with rising queries related to eligibility, Google Trends data
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Updated for tax year 2024. Here’s an updated look at what the IRS considers qualified expenses for education credits in 2023 and what other tax breaks are available for those investing in higher education. What education tax credits are available for college students? There are currently two higher education tax credits for students: the American
Updated for tax year 2024. Get ready to mark these important dates on your calendar. Here are the most important tax deadlines and due dates for taxpayers in 2025 — and answers to some common tax questions. Key tax deadlines What are the tax deadlines for 2025? Depending on your tax situation and what kind
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