admin

A British electric vehicle company is putting down roots in the U.S. and plans to take its new production concept global as demand for new mobility systems grows. Arrival, which is developing electric vans and buses, announced last week that it is building a second microfactory in Charlotte, North Carolina. The company plans to assemble
0 Comments
In this article .IXIC US10Y When rising Treasury yields put pressure on tech stocks, Invesco’s Kristina Hooper is looking to put money to work. Hooper, who oversees $1.3 trillion in assets, predicts the group’s growth potential will ultimately prevail over inflation fears. “Any time we see a tech sell-off, it’s an opportunity to buy some
0 Comments
Billionaire Ray Dalio, founder of the world’s largest hedge fund Bridgewater Associates, is impressed by one key skill: failing “well.” “The people I respect most are those who fail well,” Dalio tweeted on Friday. “I respect them even more than those who succeed.” By failing “well,” Dalio said, one learns from their mistake and changes
0 Comments
An H&R Block office in San Francisco, Calif. David Paul Morris/Bloomberg via Getty Images TurboTax and H&R Block updated their online software to account for a new tax break on unemployment benefits received last year, according to company officials. However, state tax returns may still be a source of trouble for some taxpayers filing electronically.
0 Comments
LaylaBird The U.S. Labor Department launched a website Monday to help Americans report identity fraud linked to unemployment benefits. Unemployment fraud has surged during the Covid pandemic. Much of it is linked to organized crime rings that bought identity information stolen in past data breaches, according to the labor bureau. Criminals use this data to
0 Comments
A Starlink user terminal being set up. SpaceX Elon Musk’s SpaceX is in talks with the United Kingdom for the company’s Starlink satellite unit to potentially to earn funding as a part of the government’s new $6.9 billion internet infrastructure program, CNBC confirmed. U.K. Minister for Digital Infrastructure Matt Warman recently met with Starlink leadership,
0 Comments
Getty Images New $1,400 stimulus checks could be landing in your mailbox soon. Government agencies including the Treasury Department, IRS and Bureau of the Fiscal Service on Monday announced a second batch of payments will be sent this week. While that includes more direct deposit payments, it also includes a large number of mailed paper
0 Comments
Single-family homes are seen in this aerial photograph taken over a Lennar Corp. development in San Diego, California. Bing Guan | Bloomberg | Getty Images Closed sales of existing homes in February dropped a larger-than-expected 6.6% compared with January, according to the National Association of Realtors. That put them at a seasonally adjusted, annualized rate
0 Comments
A healthcare professional draws up a dose of the Oxford/AstraZeneca Covid-19 vaccine at the vaccination centre set up inside Brighton Centre in Brighton, southern England, on January 26, 2021. Ben Stensall | AFP | Getty Images LONDON — The findings of a large U.S. trial have shown that the coronavirus vaccine developed by AstraZeneca and
0 Comments
Take a look at some of the biggest movers in the premarket: AstraZeneca (AZN) – The drugmaker said a U.S. study showed its Covid-19 vaccine had 79% efficacy in preventing symptomatic illness, 100% effectiveness against critical disease and hospitalization, and did not pose a higher risk of blood clots. AstraZeneca shares gained 2.2% in premarket
0 Comments
Jamie Grill | The Image Bank | Getty Images The financial uncertainty created by the global pandemic has made an impact on Americans of all generations and income levels. Even as the economy starts to show signs of recovery, too many Americans are still unemployed, and the uncertainty over the shape of economic recovery lingers.
0 Comments
Democratic members of Congress are interested in changing tax rules for foreign earnings of U.S. multinational companies. They claim the current rules incentivize U.S. businesses to outsource and offshore what would otherwise be U.S. jobs and investment. However, closer inspection shows these claims do not fit with the way the rules have been working. Some
0 Comments
The Jeep Wrangler Magneto concept is a fully electric SUV based on a two-door 2020 Jeep Wrangler Rubicon. Jeep EMBARGOED FOR 12:01 AM MONDAY, March 22. Jeep has unveiled a new all-electric version of its iconic Wrangler SUV, but consumers will likely have to wait at least a few years to purchase one. The brand
0 Comments
Table of Contents Key Findings The American Rescue Plan Act’s restriction on states’ Fiscal Recovery Funds being used to directly or indirectly offset a net tax cut is vague and raises difficult questions of interpretation and application. A broad interpretation of this prohibition may be unconstitutional. This restriction potentially implicates a wide range of tax
0 Comments