2024 State Business Tax Climate Index | Tax Foundation Skip to content Table of Contents Launch Our Interactive Tool Executive Summary The TaxA tax is a mandatory payment or charge collected by local, state, and national governments from individuals or businesses to cover the costs of general government services, goods, and activities. Foundation’s State Business
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In this article NFLX Follow your favorite stocksCREATE FREE ACCOUNT It’s been nearly two years since Netflix first announced its foray into gaming. Yet, as Netflix has more than tripled its game library from 24 to 77 games in the last year, subscribers have largely shrugged their shoulders. This is all a part of the
The Norges Bank, Norway’s central bank, in Oslo, Norway, on Tuesday, Oct. 17, 2023. Bloomberg | Bloomberg | Getty Images Norway’s $1.4 trillion sovereign wealth fund, the world’s largest, on Tuesday reported losses of 2.1% in the third quarter, as all asset classes fell in value. The so-called Government Pension Fund Global returned a loss
A view of the Canary Wharf financial district of London. Prisma by Dukas | Universal Images Group | Getty Images LONDON — Barclays on Tuesday reported a net profit of £1.27 billion ($1.56 billion) for the third quarter, slightly ahead of expectations as strong results in its consumer and credit card businesses compensated for weakening
In this article IHG-GB IHG Follow your favorite stocksCREATE FREE ACCOUNT Pent-up travel demand — which drove global travel recovery following the Covid-19 pandemic — is over, said Intercontinental Hotels Group CEO Elie Maalouf. “People started traveling really by the end of 2020 as restrictions started to lift,” he said. “So we’re really past revenge
Andrew Kelly | Reuters The bond vigilantes are coming back as investors continue to sell amid the prospect of higher-for-longer interest rates and a growing fiscal deficit, according to Kevin Zhao, head of global sovereign and currency at UBS Asset Management. The yield on the benchmark 10-year U.S. Treasury note rose above 5% once again
Travelers wait to check-in at the Alaska Airlines counter at San Francisco International Airport (SFO) in San Francisco, California. David Paul Morris | Bloomberg | Getty Images An Alaska Airlines flight operated by a subsidiary diverted to Portland International Airport on Sunday because of a security threat “related to an authorized occupant” in the cockpit
In this article NOVO.B-DK LLY Follow your favorite stocksCREATE FREE ACCOUNT George Frey | Reuters Most analysts predict the market for new weight loss drugs like Wegovy and Mounjaro will be enormous, but estimates vary for its exact size depending on who you ask. On Monday, Citi raised its estimate for incretin drug sales to
In this article NRDS Follow your favorite stocksCREATE FREE ACCOUNT Hispanolistic | E+ | Getty Images As the average interest rate on retail store credit cards near 30%, many holiday shoppers could be in for even more financial strain this year if they carry a balance. The average annual percentage rate for merchant cards reached
The Good Brigade | Digitalvision | Getty Images The IRS has announced a special withdrawal process for small businesses that wrongly claimed a pandemic-era tax break — and experts have tips for those who may be affected. The agency paused processing new claims for the employee retention credit, or ERC, in September following a surge
Trump Corporate Tax Rate Cut Proposal: Details & Analysis Skip to content Home • Blog • A Lower Corporate Rate Is an Opportunity Worth Taking as Part of Broader Tax Reform As the 2024 presidential campaign season gets fully underway, candidates are beginning to sketch out their taxA tax is a mandatory payment or charge
In this article STLAM-IT Follow your favorite stocksCREATE FREE ACCOUNT United Auto Workers President Shawn Fain greets workers at the Stellantis Sterling Heights Assembly Plant, to mark the beginning of contract negotiations in Sterling Heights, Michigan, U.S. July 12, 2023. Rebecca Cook | Reuters DETROIT — The United Auto Workers union is expanding its strike
Shapecharge | E+ | Getty Images The federal estate-tax exemption helps wealthy families avoid or reduce inheritance tax, but the clock is ticking on the size of this advantage. In 26 months, some families that pay no inheritance tax today face the potential for sizeable federal taxes unless benefactors act. Though few families have enough
In this article US10Y Follow your favorite stocksCREATE FREE ACCOUNT The yield on the benchmark 10-year Treasury topped 5% again Monday, a key level that could impact mortgage rates, student debt, auto loans and more. Last week, the 10-year yield crossed the 5% threshold for the first time in 16 years after Federal Reserve Chair Jerome
3 in 4 of Gen Z would rather have a better quality of life than have extra money in their banks, a report by Intuit shows. Athima Tongloom | Moment | Getty Images For most people, their goal is to work hard, save money and retire early. But a “soft saving” trend is emerging among
Presented by: Will McBride Alex Muresianu Debate swirls around the transition to a greener economy. On October 1st, the European Union (EU) began implementing its carbon tariff, called the Carbon Border Adjustment Mechanism (CBAM). Starting in 2025, the policy will place a tax on certain carbon-intensive imports. CBAM is intended to put EU industry that
In this article PARA Follow your favorite stocksCREATE FREE ACCOUNT Shari Redstone, president of National Amusements and controlling shareholder of Paramount Global, walks to a morning session at the Allen & Company Sun Valley Conference in Sun Valley, Idaho, July 12, 2023. David A. Grogan | CNBC Shari Redstone may have missed her window. Paramount
In this article F GM Follow your favorite stocksCREATE FREE ACCOUNT Jim Farley, CEO, Ford, left, and Mary Barra, CEO, General Motors Reuters; General Motors DETROIT — Ready for a tightrope walk? General Motors and Ford Motor report third-quarter earnings and future guidance this week amid ongoing strikes and contract negotiations with the United Auto
Despite a murky macroeconomic environment and heightened fears around the health of the banking sector, the nation’s largest financial institutions all reported earnings beats for the third quarter. Some businesses performed better than others. However, none of them has been rewarded with higher stock prices — yet. As expected, money center banks like Wells Fargo
In this article CSCO EOG CHK BMY CIVI Follow your favorite stocksCREATE FREE ACCOUNT A sign bearing the logo for communications and security tech giant Cisco Systems Inc. is seen outside one of its offices in San Jose, California, Aug. 11, 2022. Paresh Dave | Reuters The market’s volatility as of late is making dividend-paying