New electric vehicles destined for Belgium at a port in Taicang city in eastern China’s Jiangsu province on Jan. 11, 2025. Future Publishing | Future Publishing | Getty Images BEIJING — China’s electric car market is headed for a sharp slowdown in 2025, according to analyst predictions, increasing pressure on companies trying to survive. Sales
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Richard Stephen | Istock | Getty Images When President Joe Biden signed the Social Security Fairness Act on Jan. 5, it was a victory for those who tirelessly lobbied for years for new changes that will provide more generous benefits to public workers with pensions. Yet for the policy community, the enacted change backed by
Alternatives to Tariffs to Boost US Competitiveness | Testimony Skip to content Home • Testimony • Testimony: Alternatives to Tariffs to Boost US Competitiveness Note: The following is the testimony of Erica York, Senior Economist and Research Director at TaxA tax is a mandatory payment or charge collected by local, state, and national governments from
Evacuees from the Eaton Fire dwell among heaps of clothes displayed on the ground at a donation center in Santa Anita Park, Arcadia, California, on Jan. 13, 2025. Etienne Laurent | AFP | Getty Images As Los Angeles continues to battle wildfires that have destroyed parts of the city and killed at least 24 people,
Cliff Asness. Chris Goodney | Bloomberg | Getty Images Cliff Asness, co-founder of AQR Capital Management, believes bitcoin is in a speculative bubble after the cryptocurrency’s swift rally carried it above $100,000 following the November presidential election. “I’m on the bubble side, on net,” Asness said on CNBC’s “Money Movers” on Monday. “To move me
Internal Revenue Commissioner Danny Werfel speaks during his swearing-in ceremony at the IRS in Washington, D.C., on April 4, 2023. Bonnie Cash | Getty Images News | Getty Images The 2025 tax season kicks off on Jan. 27, and more taxpayers will have access to Direct File, the IRS’ free tax filing program, which launched
In this article MRNA Follow your favorite stocksCREATE FREE ACCOUNT The Moderna Inc. headquarters in Cambridge, Massachusetts, US, on Tuesday, March 26, 2024. Adam Glanzman | Bloomberg | Getty Images Moderna on Monday lowered its 2025 sales guidance by roughly $1 billion due to a few potential headwinds later this year, as the biotech company
In this article LULU ANF Follow your favorite stocksCREATE FREE ACCOUNT A shopping bag from Abercrombie & Fitch (L), and the logo of Lululemon (R). Reuters ORLANDO, Fla. — Lululemon and Abercrombie & Fitch raised their fourth quarter outlooks on Monday after seeing a strong response from shoppers during the all-important holiday season. Lululemon’s new
Workers dismantling a mattress. Thomas Lohnes | Getty Images News | Getty Images Consumers in a handful of states are paying to help make the mattress industry more eco-friendly — and more states may follow suit? Four states — California, Connecticut, Oregon and Rhode Island — now levy a flat fee on any mattress or
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In this article LLY NOVO.B-DK CI Follow your favorite stocksCREATE FREE ACCOUNT Packages of weight loss drugs Wegovy, Ozempic and Mounjaro. Picture Alliance | Getty Images A few years ago, when Virta Health founder and CEO Sami Inkinen approached employers about leveraging the company’s nutrition-oriented digital diabetes program for obesity-related weight loss, most companies weren’t
In this article STLA STLA Follow your favorite stocksCREATE FREE ACCOUNT Stellantis North America Chief Operating Officer and Jeep CEO Antonio Filosa speaks during the Stellantis press conference at the Automobility LA 2024 car show at Los Angeles Convention Center in Los Angeles, California, on Nov. 21, 2024. Etienne Laurent | AFP | Getty Images
Rhetoric & Writing Studies Major, Adamary Garcia studies inside of the Perry-Castaneda Library at the University of Texas at Austin on February 22, 2024 in Austin, Texas. Brandon Bell | Getty Images If your federal student loans were forgiven in 2024, you may be wondering if there are any tax implications. Many borrowers have benefited
McBride: Congress Must Simplify Tax Code | Op-Ed Skip to content Home • Op-eds • New Poll Shows Americans Think Tax Code Is Too Complex. This Year’s Tax Debate Should Fix That. President-elect Trump and the incoming Republican Congress already have a big agenda set for them this year, as the 2017 Trump taxA tax
In this aerial view taken from a helicopter, burned homes are seen during the Palisades fire in the Malibu area of Los Angeles county, California on January 9, 2025. Josh Edelson | Afp | Getty Images Airlines have extended travel waivers for Los Angeles airports as wildfires continue to burn in the area. American Airlines,
In this article NVDA DDOG UBER Follow your favorite stocksCREATE FREE ACCOUNT An Uber rideshare sign is posted nearby as taxis wait to pick up passengers at Los Angeles International Airport (LAX) on February 8, 2023 in Los Angeles, California. Mario Tama | Getty Images The new year has only just started, but macro uncertainty
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In this article DIS FOXA WBD Follow your favorite stocksCREATE FREE ACCOUNT Disney, Fox and Warner Bros. Discovery have called off plans to launch their sports streaming service, Venu, the companies said in a joint statement Friday. “After careful consideration, we have collectively agreed to discontinue the Venu Sports joint venture and not launch the
Chuck E. Cheese’s parent company has spent $230 million renovated its stores. Source: CEC Entertainment Four years after exiting bankruptcy, Chuck E. Cheese is making a comeback, thanks to a dramatic makeover to introduce its games and pizza to a new generation. In June 2020, just as some states began lifting their pandemic lockdowns, Chuck
An exchange-traded fund provider is helping investors make more bets on Wall Street’s most profitable momentum trades. GraniteShares, which debuted its first installment of single-stock ETFs in 2022, now manages 20 of them. It includes the GraniteShares YieldBoost TSLA ETF (TSYY), which launched last month. The fund gives investors exposure to Tesla. “This is about
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