In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT Omar Marques | Lightrocket | Getty Images Apple is struggling to squeeze growth out of its flagship iPhone unit, but its profit margin keeps going up thanks to a flourishing services business. In its fiscal first-quarter earnings report on Thursday, Apple reported a gross margin
OpenAI CEO Sam Altman speaks next to SoftBank CEO Masayoshi Son after U.S. President Donald Trump delivered remarks on AI infrastructure at the Roosevelt Room in the White House in Washington on Jan. 21, 2025. Carlos Barria | Reuters OpenAI is in talks to raise up to $40 billion in a funding round that would
Getty Images Millions of families claim the child tax credit every year — and filing mistakes can delay the processing of your return and receipt of your refund, according to tax experts. For 2024 returns, the child tax credit is worth up to $2,000 per kid under age 17, and decreases once adjusted gross income
Taxing Endowments: Revenue Analysis of an Endowment Tax Skip to content Home • Blog • New Efforts on Taxing Endowments Raise Questions on Neutrality and Revenue Collection Republican policymakers in Congress are considering options to raise revenue as part of their expected legislative package in 2025. That package will tackle a wide variety of priorities,
Robert F. Kennedy Jr., U.S. President Trump’s nominee to be secretary of Health and Human Services, testifies before a Senate Health, Education, Labor, and Pensions (HELP) Committee confirmation hearing on Capitol Hill in Washington, U.S., Jan. 30, 2025. Nathan Howard | Reuters Robert F. Kennedy Jr., President Donald Trump‘s pick to lead the Department of
Apple defied the doom and gloom that had been building for weeks. Shares rose roughly 3% Thursday evening after the tech giant reported a slightly better-than-expected quarter. More importantly, guidance for revenue growth in the March quarter was much better feared. Revenue in Apple’s fiscal 2025 first quarter, which ended in December, grew 10% year-over-year
In this article AAPL .NDX NDAQ BLK QQQ Follow your favorite stocksCREATE FREE ACCOUNT The tech-driven Nasdaq 100 may be undergoing a historic shift as it turns 40 this week. According to Strategas Securities’ Todd Sohn, cryptocurrency companies could fuel the next wave of gains. “Bitcoin is to crypto as the QQQ … is to technology type stocks,” the
Morehouse College President David Thomas speaks during Morehouse College’s graduation ceremony, before US President Joe Biden delivers his commencement address, in Atlanta, Georgia on May 19, 2024. Andrew Caballero-Reynolds | Afp | Getty Images David Thomas, the president of Morehouse College, said his office fielded a surge of calls this week from worried students and
Updated for tax year 2024. If you recently got married or are thinking about tying the knot soon, it’s never too early to start thinking about the tax implications of marriage. Many times, getting married and filing jointly with your spouse can bring some nice tax advantages along with it. At a glance: Filing jointly
Emergency response units search the crash site of the American Airlines plane on the Potomac River after the plane crashed on approach to Reagan National Airport on January 30, 2025 in Arlington, Virginia. Andrew Harnik | Getty Images Rescuers were still retrieving bodies out of the frigid Potomac River on Thursday morning, but the deadliest
In this article MSFT Follow your favorite stocksCREATE FREE ACCOUNT Satya Nadella, CEO of Microsoft, speaking on CNBC’s Squawk Box outside the World Economic Forum in Davos, Switzerland on Jan. 22nd, 2025. Gerry Miller | CNBC Microsoft shares dropped about 5% after issuing weak current-quarter guidance after the bell Wednesday. The software giant topped Wall
The Federal Reserve held its key interest rate in check Wednesday, reversing a recent trend of easing policy as it examines what is likely to be a bumpy political and economic landscape ahead. In a widely anticipated move, the central bank’s Federal Open Market Committee left unchanged its overnight borrowing rate in a range between
A “Do not cross” sign is illuminated at a crosswalk outside of U.S. Capitol building in Washington, US, November 10, 2024. Hannah Mckay | Reuters The Trump administration emailed more than 2 million federal workers this week, giving them the option to resign now and get pay and benefits through Sept. 30. Workers have until
State Income Taxes on Nonresidents: Remote Work & Hybrid Work Skip to content Table of Contents Key Findings Five years after the start of the COVID-19 pandemic, remote and hybrid work has become a way of life for many Americans. Even occasional remote or hybrid work, or work-related travel, triggers nonresident individual income taxAn individual
Signed contracts on existing homes dropped a sharp 5.5% in December from the previous month and fell 5% from the prior year, according to the National Association of Realtors. The drop followed four straight months of gains and is the index was at its lowest level since August. These so-called pending sales are an indicator
In this article AAL Follow your favorite stocksCREATE FREE ACCOUNT A view of emergency response looking from Arlington, Va., south of Ronald Reagan Washington National Airport, across the Potomac River toward the District of Columbia, Wednesday, Jan. 29, 2025. Alex Brandon | AP An American Airlines regional jet with 64 people aboard collided with a
A Shell logo is displayed on May 03, 2024 in Austin, Texas. Brandon Bell | Getty Images News | Getty Images British oil giant Shell on Thursday reported a significant drop in annual profit following a year of lower crude prices. Shell posted adjusted earnings of $23.72 billion for the full-year 2024, compared to annual
In this article .BBKA Follow your favorite stocksCREATE FREE ACCOUNT Deutsche Bank offices in the City of London on July 2, 2024, in London, U.K. Mike Kemp | In Pictures | Getty Images Germany’s largest lender Deutsche Bank on Thursday reported weaker-than-expected profit that fell sharply in the last three months of 2024, as legal
In this article A Follow your favorite stocksCREATE FREE ACCOUNT Chubb CEO Evan Greenberg Scott Mlyn | CNBC California is a tough market for insurers — and growing more so, according to Chubb CEO Evan Greenberg. The executive has long proclaimed that Chubb won’t write insurance where it can’t get a reasonable return for taking
Rainstar | E+ | Getty Images People who use a credit card to cover an emergency expense are solving only part of the problem. Why? Because while using a credit card for emergencies can be helpful in the short term, carrying a balance can lead to significant interest charges if not paid off quickly. About
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