Elon Musk speaks during the Conservative Political Action Conference (CPAC) in National Harbor, Maryland, U.S., Feb. 20, 2025. Nathan Howard | Reuters A federal judge in Maryland on Monday granted a temporary restraining order barring staffers from Elon Musk‘s secretive government-slashing effort, the Department of Government Efficiency, from accessing the personal information of millions of student loan
Westend61 | Westend61 | Getty Images There’s a lesser-known tax break for low- to moderate-income Americans who save for retirement. However, most eligible taxpayers don’t claim it, experts say. The retirement savings contributions credit, or saver’s credit, helps offset funds added to an individual retirement account, 401(k) plan or another workplace plan. The tax break
In this article BRK.A Follow your favorite stocksCREATE FREE ACCOUNT Warren Buffett, chairman and chief executive officer of Berkshire Hathaway, photographed during a 2011 trip to Japan. Bloomberg | Bloomberg | Getty Images Berkshire Hathaway is committed to its Japanese investments for the long term and has reached an agreement with the companies to own
In this article 2330-TW CHILX-CL FRDM Follow your favorite stocksCREATE FREE ACCOUNT Investors may want to reduce their exposure to the world’s largest emerging market. Perth Tolle, who’s the founder of Life + Liberty Indexes, warns China’s capitalism model is unsustainable. “I think the thinking used to be that their capitalism would lead to democracy,” she told CNBC’s
Damircudic | E+ | Getty Images Student loan borrowers who expected smaller monthly payments under the new Saving on a Valuable Education, or SAVE, plan received some bad news on Feb. 18, when a U.S. appeals court blocked the program. As a result, millions of people will need to switch to a new repayment plan
Updated for tax year 2024. Owning a home comes with numerous benefits, and one of them is the opportunity to claim various tax credits and deductions. Let’s look at some ways you can maximize your tax savings as a homeowner this year. At a glance: Choose between itemizing or taking the standard deduction depending on
When it comes to taxes, picking the right tax filing status can make a big difference in what you owe or get back. Head of household and married filing jointly are common filing status options, and each comes with its own eligibility criteria. You can only qualify for one or the other, not both, so
The IRS rejecting your tax return can be a scary thing. Thankfully, it’s usually nothing to be overly concerned about. Let’s examine why your income tax return may be rejected and what to do if you find yourself in that situation. What does an IRS rejected tax return mean? If you get a notice from
When it comes to charitable donations and taxes, it pays to be generous. Helping shelter pets by donating to your local humane society is a great way to make a difference while earning a tax break. Should I donate to my local animal shelter? Animal welfare groups are crucial in rescuing and caring for our
Updated for tax year 2024. You know you can claim your kids on your income tax return. But what if you also support Mom and Dad? Here’s what you need to know about claiming your parents as dependents on your income tax return. Can I claim my parent as a dependent? If you care for
In this article BA Follow your favorite stocksCREATE FREE ACCOUNT Boeing 737s on the ground in Renton, Washington. Leslie Josephs | CNBC President Donald Trump expressed frustration in recent days about the long wait for a pair of Boeing 747s that will serve as the new Air Force One planes. The jets are years behind
From left, the Trump Royale, The Trump Palace and the Trump International Beach Resort are shown in Sunny Isles Beach, Florida, U.S. March 13, 2017. Joe Skipper | Reuters As the rich have gotten richer, family offices have exploded in popularity, numbering 8,000 worldwide and managing some $3.1 trillion in assets, according to Deloitte. Family
Anthony Volpe, Jasson Domínguez and Paul Goldschmidt of the New York Yankees talk during spring training at George M. Steinbrenner Field in Tampa, Florida, on Feb. 19, 2025. New York Yankees | Getty Images Start spreading the news: For the first time in nearly 50 years, the New York Yankees are allowing players to grow
In this article HIMS NVO NOVO.B-DK Follow your favorite stocksCREATE FREE ACCOUNT Boxes of Ozempic and Wegovy made by Novo Nordisk are seen at a pharmacy. Hollie Adams | Reuters The long-running U.S. shortage of Novo Nordisk‘s blockbuster weight loss injection Wegovy and diabetes treatment Ozempic is resolved after more than two years, the U.S.
In this article IMAX Follow your favorite stocksCREATE FREE ACCOUNT General atmosphere during an IMAX private screening for the movie “First Man” at an AMC theater in New York City on Oct. 10, 2018. Lars Niki | Getty Images Entertainment | Getty Images An “embarrassment of riches” at the box office could fuel a $1.2
In this article UNH Follow your favorite stocksCREATE FREE ACCOUNT FILE PHOTO: The logo of Down Jones Industrial Average stock market index listed company UnitedHealthcare is shown in Cypress, California April 13, 2016. Mike Blake | Reuters UnitedHealthcare is in hot water again as the insurance giant grapples with a reported government investigation of its
In this article BLUE Follow your favorite stocksCREATE FREE ACCOUNT Sopa Images | Lightrocket | Getty Images Bluebird Bio will sell itself to private equity firms Carlyle and SK Capital for about $30 million, the company said Friday, marking the end of the Bluebird’s fall from the one of the buzziest biotech firms to one
Signage at the Alibaba Group Holding Ltd. offices in Beijing, China, on Wednesday, March 29, 2023. Alibaba’s overhaul could serve as a template for a restructuring of China Tech itself: a shake-up that achieves Beijings aim of carving up the countrys tech titans while unlocking potentially billions of dollars in pent-up shareholder value. Bloomberg |
In this article WMT Follow your favorite stocksCREATE FREE ACCOUNT Walmart shares fell more than 6% Thursday, as the big-box retailer said profit growth will slow this fiscal year even as sales continue to climb. Walmart said holiday-quarter revenue rose about 4% and e-commerce sales shot up 20% in the U.S., as growth in store
In this article HAS Follow your favorite stocksCREATE FREE ACCOUNT The Hasbro Inc. logo is seen on a toy for sale in a store in Manhattan, New York, on Nov. 16, 2021. Andrew Kelly | Reuters Toy and gaming giant Hasbro took an optimistic tone Thursday on the potential effect of Chinese tariffs on its
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