In this article TSLA TWTR Tesla head Elon Musk talks to the press as he arrives to have a look at the construction site of the new Tesla Gigafactory near Berlin on September 03, 2020 near Gruenheide, Germany. Maja Hitij | Getty Images The world’s richest person could soon add another title to his name
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Tetra Images | Tetra images | Getty Images There’s a recent uptick in states swapping tiered income taxes for a flat tax, charging the same rate to all residents, regardless of earnings. Over the past 100 years, only four states have changed from graduated rates to flat taxes, according to the Tax Foundation. Another three
Mint Images | Mint Images Rf | Getty Images Americans may be getting more information about a big financial choice regarding pension benefits. Pension plans traditionally pay retirees monthly streams of income that last for the rest of their lives. Companies may also offer a lump sum to current and former employees, allowing them to
Ben Rains dives into the market after the Nasdaq fell into bear market territory earlier this week. The recent selling and larger 2022 downturn sent many growth stocks to levels that might start making them attractive to long-term investors, even if near-term volatility remains. The three beaten-down tech stocks we explore today ahead of earnings
The Brooklyn Nets’ Kyrie Irving (left) has a pat for teammate Kevin Durant as the Celtics were expanding their lead in the second half of Game Four of their first round NBA playoff series at Barclays Center in Brooklyn, NY on April 25, 2022. Jim Davis | Boston Globe | Getty Images The superstar-laden, super-expensive,
In this article TWTR Musk would have been appointed to Twitter’s board on Saturday, but the world’s richest man informed the company on the day that he would not, in fact, be taking the board seat. Andrew Burton | Getty Images News | Getty Images Twitter is set to report earnings for the first quarter
Georgia Governor Brian Kemp makes remarks during a visit to Adventure Outdoors gun shop as he pushes for a new state law to loosen requirements to carry a handgun in public, in Smyrna, Georgia, January 5, 2022. Alyssa Pointer | Reuters High school students in Georgia will soon have guaranteed access to a personal finance
Joe Raedle | Getty Images News | Getty Images A single lottery ticket sold in Arizona is about to change someone’s life — after the IRS takes a piece of the windfall, of course. Wednesday night’s Powerball drawing resulted in one ticket matching all six numbers drawn to land the $473.1 million jackpot. The amount
In this article BRK.A Warren Buffett, Chairman and CEO of Berkshire Hathaway. David A. Grogan | CNBC Warren Buffett has begun to unleash Berkshire Hathaway‘s massive cash stockpile in recent weeks, snapping up an insurer and multi-billion dollar stakes in energy and computer corporations. But his recent moves are more notable for what he has
Israel Sebastian | Moment | Getty Images There are some financial goals more pressing for adults right now than bulking up their nest egg. For 2022, just 17% have made saving for retirement their top financial priority, according to First National Bank of Omaha‘s latest financial wellness survey. And nearly half of respondents — 46%
U.S. President Joe Biden announces additional military and humanitarian aid for Ukraine as well as fresh sanctions against Russia, during a speech in the Roosevelt Room at the White House in Washington, April 28, 2022. Evelyn Hockstein | Reuters President Joe Biden said on Thursday that he’ll have his answer on student loan forgiveness within
Today, the U.S. Food and Drug Administration (FDA) unveiled long-anticipated proposed regulations banning the sale of menthol cigarettes and flavored cigars, part of ongoing efforts to support smoking cessation. Critics doubt, however, whether banning mentholated cigarettes will reduce smoking or instead simply channel menthol smokers toward other tobacco products—or smuggled menthols. And states have yet
A sale pending sign is posted in front of a home for sale on March 18, 2022 in San Rafael, California. Justin Sullivan | Getty Images Mortgage rates moved even higher last week, crashing refinance demand and prompting potential homebuyers to apply for riskier loan products which offer lower rates. Total mortgage application volume fell
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Health personnel are preparing injection syringes with Covid-19 vaccine in 2021 in Copenhagen, Denmark. the country has now announced it will suspend its vaccination program and will review whether it’s needed later in the year. Ole Jensen | Getty Images News | Getty Images Denmark has become the first country to halt its Covid vaccination
In this article F Ford F-150 Lightning trucks manufactured at the Rouge Electric Vehicle Center in Dearborn Michigan. Courtesy: Ford Motor Co. DETROIT – Ford Motor is set to report its first-quarter results after the bell Wednesday. Here’s what Wall Street is expecting: Adjusted EPS: 37 cents, according to Refinitiv consensus estimates Automotive revenue: $31.13
Huawei’s smartphone business has struggled under U.S. sanctions that restrict it from buying chips and other components from key suppliers. Costfoto | Future Publishing | Getty Images BEIJING — Chinese telecommunications giant Huawei announced Thursday that first quarter revenue fell by nearly 14% from a year ago, while its profit margin more than halved. “Our
A new study shows American travelers view many Asian nations as safer travel destinations now than they did four years ago. South Korea, Singapore, Thailand, Japan, China and Vietnam rose in the annual safety rankings published by travel insurance provider Berkshire Hathaway Travel Protection. The survey in the 2022 “State of Travel Insurance Report” also
(Click here to subscribe to the Delivering Alpha newsletter.) Mathieu Chabran helms Tikehau Capital, a European asset manager, which oversees $40 billion in private debt, real assets, private equity, and capital markets. With a front row seat to the uncertainty and geopolitical tension in Europe, Chabran sat down with the Delivering Alpha newsletter to discuss the role
GlobalStock | Getty Images Deciding at what point you will collect Social Security benefits may be one of the biggest decisions you make in retirement. Yet many people who are at or near the age when they face that choice may need to brush up on the program’s rules before they do. MassMutual recently gave