In this article TWTR Follow your favorite stocksCREATE FREE ACCOUNT The CEO of Bank of America, one of the financiers of Elon Musk‘s Twitter takeover, doesn’t appear worried about the deal. CNBC reported on Thursday that Musk is now in charge of Twitter. Binance, one of the investors in the deal, told CNBC the acquisition
amriphoto Amid the nationwide flurry of tax cuts, two states are voting on whether to enact a “millionaire tax” on top earners in November. In California, Proposition 30 would add a 1.75% levy on annual income of more than $2 million, in addition to the state’s top income tax rate of 13.3%, beginning Jan. 1.
C.j. Burton | The Image Bank | Getty Images What happens if a loved one dies without a will? Millions of us are bound to find out, as two-thirds of American adults have no will, according to a recent Caring.com study. If a person dies without a will, or intestate, the probate court decides who
The Tax Foundation’s recently released 2022 International Tax Competitiveness Index (ITCI), measures the extent to which a country’s tax system adheres to two important aspects of tax policy: competitiveness and neutrality. Over the years, our Index has helped many European countries like Austria, Greece, and the UK design tax reform proposals. As the Index continues to
In this article DWAC Follow your favorite stocksCREATE FREE ACCOUNT The TRUTH Social website is seen on a mobile device with an image of former US president Donald Trump in the background in this photo illustration in Warsaw, Poland on 23 February, 2022. Nurphoto | Getty Images Shares of Digital World Acquisition Corp., the blank
In this article LUV Follow your favorite stocksCREATE FREE ACCOUNT A Southwest Airlines Co. Boeing 737 passenger jet pushes back from a gate at Midway International Airport (MDW) in Chicago, Illinois, U.S., on Monday, Oct. 11, 2021. Luke Sharrett | Bloomberg | Getty Images Southwest Airlines on Thursday joined other airlines in forecasting that strong
U.S. consumer spending is experiencing a “mitigation of growth” but not a slowdown, Bank of America CEO Brian Moynihan said Friday. Interest rate hikes by the Federal Reserve are starting to be felt in the housing and auto markets, and renters will see their budgets squeezed as landlords pass on higher costs, he told CNBC’s
The Internal Revenue Services offices in Washington, D.C. Adam Jeffery | CNBC More than 72 million American households will pay no federal income taxes this year, marking a large decline from last year, according to a new analysis. An estimated 72.5 million households — or 40% of total households — will pay no federal income
Asia-pacific Images Studio | E+ | Getty Images After nearly a year of stock market volatility, high inflation and rising interest rates, a growing chorus of experts are warning investors about a recession. Goldman Sachs CEO David Solomon recently told investors there’s a “good chance” the U.S. economy is heading for a recession, and JPMorgan
Kobus Louw | E+ | Getty Images Company: Vertiv Holdings (VRT) Business: Vertiv designs, manufactures and services critical digital infrastructure technologies and life cycle services for data centers, communication networks, and commercial and industrial environments. The company went public through a SPAC merger in the first quarter of 2020 with GS Acquisition Holdings, a SPAC
In this article TSLA GM Follow your favorite stocksCREATE FREE ACCOUNT DETROIT — General Motors is suspending its advertising on Twitter following Elon Musk’s takeover of the social media platform, the company told CNBC on Friday. The Detroit automaker, a rival to Musk-led electric vehicle maker Tesla, said it is “pausing” advertising as it evaluates
In this article MO PM CRON-CA Follow your favorite stocksCREATE FREE ACCOUNT Altria Group signage is displayed on a monitor on the floor of the New York Stock Exchange. Michael Nagle | Bloomberg | Getty Images Cigarette maker Altria Group on Thursday reported third-quarter earnings that missed Wall Street estimates as its revenue fell. Here’s
Dimitri Otis | Stone | Getty Images The U.S. economy grew in the third quarter, reversing a negative trend from the first half of the year — but weakness looms under the surface and households shouldn’t be lulled into a false sense of financial security, economists and financial advisors said. “I think investors should still
NFL superstar Tom Brady and supermodel Gisele Bündchen are getting divorced after 13 years of marriage, they announced Friday. “We arrived at this decision amicably and with gratitude for the time we spent together,” the Tampa Bay Buccaneers quarterback, 45, said on Instagram. “We are blessed with beautiful and wonderful children who will continue to be the center
Charles Rettig, IRS Commissioner, testifies during the Senate Finance Committee hearing in Washington, D.C., June 8, 2021. Tom Williams | Pool | Reuters The IRS said it has passed a milestone of hiring 4,000 new customer service workers as the agency prepares for the 2023 tax filing season. Hired over the past several months with
Visit our website: https://www.zacks.com Visit our Stocktwits account: https://stocktwits.com/ZacksResearch Check out our weekly promotion: https://www.zacks.com/promo If you’re interested in our services, please check out Zacks Ultimate: https://www.zacks.com/ultimate/?adid=YOUTUBE&cid=sm-YOUTUBE
In this article TMUS DXCM DVA EW AMZN INTC AAPL Follow your favorite stocksCREATE FREE ACCOUNT Customers shop at the Apple Fifth Avenue store for the release of the Apple iPhone 14 in New York City, September 16, 2022. Andrew Kelly | Reuters Check out the companies making headlines in midday trading. Apple – Shares
Shapecharge | E+ | Getty Images Investors crashed the Treasury Department website for Series I bonds on Friday as they clamored to lock in a record-high interest rate before a key deadline. I bonds have proven to be a bright spot for investors amid declines in the broad stock and bond markets this year. They
In this article STLA Follow your favorite stocksCREATE FREE ACCOUNT The sign is seen outside of the FCA US LLC Headquarters and Technology Center as it is changed to Stellantis on January 19, 2021 in Auburn Hills, Michigan. – Newly-created European carmaker Stellantis motored its way January 18, 2021 onto the Paris and Milan stock
Intel CEO Pat Gelsinger speaks during the Mobileye Global Inc. IPO at the Nasdaq MarketSite in New York on Oct. 26, 2022. Mobileye Global Inc., the self-driving technology company owned by Intel Corp., priced one of the biggest US initial public offerings of the year above its marketed range to raise $861 million. Michael Nagle