business news
Many Americans face big tax bills on 2021 unemployment benefits
A Miami-Dade County job fair in Miami on Dec. 16, 2021. Eva Marie Uzcategui/Bloomberg via Getty Images Many Americans who collected unemployment benefits in 2021 may be on the hook for big bills this tax season. The federal government and most states treat unemployment benefits as taxable income. However, tax wasn’t collected on about 60% […]
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‘The best of times’ may be ahead for this discount retailer, Wells Fargo says
Improving inventory could turn this stock into a “coiled spring” for investors. Source
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Russia faces barrage of new sanctions after accusations of atrocities in Bucha, Ukraine
A man gestures at a mass grave in the town of Bucha, northwest of the Ukrainian capital Kyiv on April 3, 2022. Sergei Supinsky | AFP | Getty Images The U.S. and its European allies are preparing to deliver another slew of sanctions on Russia following mounting evidence of war crimes committed by its forces […]
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Stocks making the biggest moves in the premarket: Twitter, Tesla, Starbucks and more
Take a look at some of the biggest movers in the premarket: Twitter (TWTR) – Twitter shares soared 26.1% in the premarket after a Securities and Exchange Commission filing showed that Tesla CEO Elon Musk had taken a 9.2% passive stake in Twitter. Tesla (TSLA) – Tesla delivered just over 310,000 vehicles during the first […]
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Hungary’s nationalist leader Orban criticizes Ukraine’s Zelenskyy in election victory speech
Hungarian Prime Minister Viktor Orban delivers a speech on stage next to members of the Fidesz party at their election base, ‘Balna’ building on the bank of the Danube River of Budapest, on April 3, 2022. – Nationalist Hungarian Prime Minister Viktor Orban claimed a “great victory” in general election, as partial results gave his […]
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Here’s a simple way to make a monthly budget and start saving money
Think of a budget as just another list. It’s most efficient to build a budget on a spreadsheet somewhere — whether it’s Microsoft Excel or a Google doc. Add your income and then add new expenses as you spend. And those new expenses will surely pop up. Try to do as much planning as you […]
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Twitter shares soar more than 25% after Elon Musk takes 9% stake in social media company
Elon Musk speaks during a press conference at SpaceX’s Starbase facility near Boca Chica Village in South Texas on February 10, 2022. Jim Watson | AFP | Getty Images Tesla CEO Elon Musk has taken a big stake in social media company Twitter, a regulatory filing released Monday showed. Musk owns 73,486,938 shares of Twitter, […]
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Imran Khan’s surprise call for snap elections in Pakistan may just pay off
Questions remain on whether the Pakistan Supreme Court could disallow Pakistan’s Prime Minister Imran Khan’s (above) call for early elections. Wakil Kohsar | Afp | Getty Images As a cricket bowler, the equivalent of a baseball pitcher, sports legend Imran Khan was famous for his so-called “inswinger.” His deceptively lazy ball often began slowly but […]
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Dimon says confluence of inflation, Ukraine war may ‘dramatically increase risks ahead’ for U.S.
Jamie Dimon, CEO of JPMorgan Chase speaks to the Economic Club of New York in New York, January 16, 2019. Carlo Allegri | Reuters Jamie Dimon, CEO and chairman of the biggest U.S. bank by assets, pointed to a potentially unprecedented combination of risks facing the country in his annual shareholder letter. Three forces are […]
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British regulators to review nickel trading halt on the London Metal Exchange
Traders, brokers and clerks on the trading floor of the open outcry pit at the London Metal Exchange Ltd. in London, U.K., on Monday, Feb. 28, 2022. Chris J. Ratcliffe | Bloomberg | Getty Images British financial regulators said on Monday that they would review the way the London Metal Exchange (LME) handled a halt […]
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