Policymakers broadly agree that investments by the federal government in highways, mass transit, and other modes of transportation are crucial to facilitate the nation’s economic activity, but they can’t seem to agree on how to fund such investments. The current debate is over corporate income taxes, and therein lies the problem. The standard approach long
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In this article WMT Emily Benfer Source: Emily Benfer Most evictions have been banned in the U.S. since last September, but that protection is now set to end in days. In August, millions of families could be pushed out of their homes. The share of adult renters who remain behind on their housing payments —
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In this article SGRE-ES Chris Ratcliffe | Bloomberg | Getty Images Low-carbon hydrogen isn’t “cost competitive with other energy supplies in most applications and locations” and the situation is unlikely to change unless there’s “significant support to bridge the price gap,” according to the World Energy Council. Published Tuesday, the analysis – which was put
In this article GOOGL Sundar Pichai, chief executive officer of Alphabet Inc., pauses during a discussion on artificial intelligence at the Bruegel European economic think tank in Brussels, Belgium, on Jan. 20, 2020. Pichai urged the U.S. and European Union to coordinate regulatory approaches on artificial intelligence, calling their alignment critical. Geert Vanden Wijngaert |
Barclays and HSBC buildings are seen amid the outbreak of the coronavirus disease (COVID-19), in London, Britain October 20, 2020. Matthew Childs | Reuters Barclays beat second-quarter profit expectations on Wednesday and boosted returns to shareholders, with its investment banking and equities businesses posting record incomes. The British lender posted a quarterly attributable profit of
Frederic J. Brown | AFP | Getty Images It can literally pay to get a Covid vaccine in some places. Across the country, many states are offering lottery prizes to boost the number of residents who inoculate themselves against the virus. If you are among the winners, just don’t forget the taxman. “Generally, when people
In this article TKWY-NL An employee makes a pizza next to a Just Eat Plc branded delivery bag in the kitchen of The Fat Pizza takeaway pizza restaurant in Southend-on-Sea, U.K., on Thursday, Dec 19, 2019. Chris Ratcliffe | Bloomberg via Getty Images LONDON — Just Eat Takeaway.com is one of Europe’s biggest food delivery
A visual representation of digital currencies. Yuriko Nakao | Getty Images Even though it’s a highly volatile asset, cryptocurrency can help investors build wealth, especially if they invest in digital coins over the long-term. It’s a portfolio play that’s gained traction in recent months and is catching up to stock trading as something that
Shannon Miller, the most decorated U.S. female gymnast in Olympics history, delivered perspective that only a fellow gymnast could give, when it came to Simone Biles’s decision to withdraw from the team final competition Tuesday due to mental health concerns. “What I think is really important here is, you have Simone, who clearly knew something
Apple CEO Tim Cook attends the Allen & Company Sun Valley Conference on July 08, 2021 in Sun Valley, Idaho. Kevin Dietsch | Getty Images Apple reports fiscal third-quarter earnings after the bell on Tuesday. Here’s what Wall Street is expecting, per Refinitiv estimates: EPS: $1.01 estimated Revenue: $73.30 billion estimated iPhone revenue: $34.01 billion
U.S. stock index futures fell during overnight trading on Tuesday after the major averages pulled back from record highs, snapping a five-day winning streak. Futures contracts tied to the Dow Jones Industrial Average slid 91 points, or 0.25%. S&P 500 futures were down 0.27%, while Nasdaq 100 futures fell 0.44%. During regular trading the S&P
A Hobby Lobby store in Totowa, New Jersey. SOPA Images | LightRocket | Getty Images A 3,500-year-old clay tablet purchased by the Hobby Lobby arts and crafts chain for $1.6 million has been forfeited to the United States. The tablet, which bears a portion of the epic of Gilgamesh, a Sumerian poem considered one of
In this article UPS Tournament employees work to squeegee the court after rain delays a match between Kim Clijsters and Sloane Stephens during the Truist Atlanta Open at Atlantic Station on July 26, 2021 in Atlanta, Georgia. Casey Sykes | Getty Images Shares of logistics company UPS fell sharply on Tuesday after the company’s second-quarter
andresr | E+ | Getty Images Millions of Americans are feeling a financial boost from federal stimulus checks and monthly child tax credit payments. Those direct checks were made possible by tax credits that were created or expanded through legislation aimed at helping the U.S. economy bounce back from Covid-19. And as Americans get used
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These 5 stocks keep hitting new highs as the companies keep surprising on earnings. Will they do it again?
Schoolchildren swab and test themselves for COVID-19 to prevent the spread of the coronavirus disease (COVID-19) in the classroom at South Boston Catholic Academy in Boston, Massachusetts, January 28, 2021. Allison Dinner | Reuters Students should wear masks and practice social distancing at school to ensure safe in-person learning this fall, top U.S. doctors said
In this article FFIV Boxes containing vials of the Moderna Covid-19 vaccine are stored at the Kedren Community Health Center on January 25, 2021 in Los Angeles, California. Patrick T. Fallon | AFP | Getty Images Check out the companies making headlines in midday trading. UPS — The logistics company tumbled over 8% after the
“Yes, I’m vaccinated,” says NBA legend Charles Barkley. “Everybody should be vaccinated. Period.” “The only people who are not vaccinated are just a–holes,” he says. The 58-year-old NBA Hall-of-Famer says he personally thinks sports leagues should force players to get vaccinated. “Can you imagine if one of these guys that are not vaccinated, if they