Theranos founder Elizabeth Holmes, center, and her family leave the Robert F. Peckham Federal Building and U.S. Courthouse after the jury found her guilty on four counts in San Jose, Calif., on Monday, Jan. 3, 2022. Dai Sugano | MediaNews Group | Getty Images Former Theranos CEO Elizabeth Holmes, who was convicted of federal fraud
After his confirmation hearing Tuesday, Jerome Powell is likely set for a second term as chairman of the Federal Reserve, which means Americans can expect the U.S. central bank to start raising interest rates to control inflation. In March 2020, the Fed first cut interest rates to near zero and has held them there ever since, along
Brandon Bell | Getty Images Brace yourself for another competitive year in the housing market. Home sales are expected to grow 6.6% in 2022, a 16-year high, according to Realtor.com. The typical winter lull isn’t even necessarily happening. Home prices actually accelerated from November to December, said Danielle Hale, chief economist at Realtor.com. While Realtor.com
Loading chart… GrowGeneration: “We very specifically said when that stock got into the $40s that it was done, that there wasn’t much more there, that we thought it was terrific, but we wanted to take the gain. We felt that bulls make money, bears make money, and pigs, well, they get slaughtered. It was time
The Federal Reserve is behind the curve when it comes to shrinking the balance sheet, according to UBS Global Wealth Management’s Kelvin Tay. Fed Chairman Jerome Powell said Tuesday that he expects a series of interest rate hikes this year, along with other reductions in the extraordinary help the central bank has provided during the pandemic. “If
Last year wasn’t a stellar year for travelers. Perhaps that’s why so many are pinning their hopes on 2022. Travel bookings and inquiries are surging, say travel insiders, in an upward trajectory that, if realized, may both benefit and challenge travelers in the coming year. ‘People want to make up for lost time’ Travel
Morsa Images | E+ | Getty Images Tax season begins on Jan. 24 and filers should expect delays as the IRS combats a backlog and limited staffing, Treasury officials say. The IRS still had not processed 6 million individual returns already submitted by taxpayers as of Dec. 23, according to the agency, and the situation
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
Today’s map looks at how European OECD countries rank on cross-border tax rules and is the last in our series examining each of the five components of our International Tax Competitiveness Index (ITCI). Cross-border tax rules define how income earned abroad and by foreign entities are taxed domestically, making them an important element of each country’s
With the Federal Reserve all but certain to raise rates in 2022, the banks are suddenly one of the hottest industries this earnings season. 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
Alonzo Lewis rescues items from his mother’s home after it was destroyed by Hurricane Ida on August 30, 2021 in Laplace, Louisiana. Ida made landfall August 29 as a category 4 storm southwest of New Orleans. Scott Olson | Getty Images News | Getty Images Disasters powered by climate change wreak havoc in so many
Stock futures held steady in overnight trading Tuesday after a rally on Wall Street as investors bought the dip following a five-day sell-off in the S&P 500. Futures on the Dow Jones Industrial Average were little changed. S&P 500 futures and Nasdaq 100 futures were also flat. The overnight session followed a rebound in the
When considering any cryptocurrency investment, billionaire investor Mark Cuban looks for utility in each project. That’s why, to him, “tokens trading are the least important part of crypto,” he tweeted on Tuesday. Instead, Cuban sees smart contracts, or collections of code that power decentralized applications, and how they’re used within projects as the most important
lisegagne | E+ | Getty Images If you received monthly advance child tax credit payments in 2021, there may be a costly surprise when filing your return. The American Rescue Plan, enacted in last March, increased the tax break to $3,000 from $2,000 per child under age 17, with $600 more for kids under age
Damir Khabirov | iStock | Getty Images How high would you score yourself when it comes to feeling comfortable with your current financial situation? If you’re like most, you wouldn’t give yourself very high marks, according to a survey from TIAA. The financial services company set out to evaluate Americans’ financial wellness – defined as
Two Stocks That Have What it Takes to be a Top Pick. 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
Key Findings Twenty-one states and the District of Columbia had significant tax changes take effect on January 1, 2022 Five states (Arizona, Arkansas, Louisiana, North Carolina, and Oklahoma) cut individual income taxes effective January 1. The District of Columbia was the only jurisdiction to increase income taxes. Four states (Arkansas, Louisiana, Nebraska, and Oklahoma) saw
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
[The stream is slated to start at 10 a.m. ET. Please refresh the page if you do not see a player above at that time.] The top health leaders in the U.S. will testify before the Senate on Tuesday about the federal response to the omicron Covid variant, as new infections and hospitalizations reach pandemic
Hache | E+ | Getty Images New Covid cases are rising fast and at-home rapid tests are in high demand. But consumers scrambling to buy tests online — especially as brick-and-mortar retailers sell out or limit supply — may get duped into buying a fake or unauthorized test kit. Demand for test kits may increase