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At least eight Republican presidential hopefuls will take the stage Wednesday night in the first presidential primary debate of the 2024 election cycle—and the future of the U.S. tax code should be one topic that takes center stage. The next occupant of the White House will have to address several critical tax policy issues, from
Food delivery couriers for Meituan stand with insulated bags during a morning briefing in Beijing, China, on Wednesday, April 21, 2021. Yan Cong | Bloomberg | Getty Images Meituan‘s Hong Kong-listed shares fell more than 5% on Friday after CEO Wang Xing warned of a food delivery slowdown in the next quarter. “For our food
A Falcon 9 rocket is displayed outside the Space Exploration Technologies Corp. (SpaceX) headquarters on January 28, 2021 in Hawthorne, California. Patrick T. Fallon | AFP | Getty Images The U.S. Department of Justice sued SpaceX on Thursday, alleging Elon Musk’s space company discriminated in its hiring practices against refugees and people granted asylum in
Nvidia automotive segment primarily sells chip systems for assisted driving. CEO Jensen Huang has touted it as the company’s “next billion-dollar business.” Alex Wong | Getty Images News | Getty Images BEIJING — U.S. chipmaker Nvidia this week soundly beat analysts’ expectations for major revenue lines — except in automotive — as Chinese demand for
High-rise tower buildings along the central Sheikh Zayed Road in Dubai on July 3, 2023. Karim Sahib | Afp | Getty Images Dubai’s luxury home prices surged by nearly 50% in the year up until June, maintaining its top ranking for the eighth consecutive quarter, according to a new report by Knight Frank. According to data
AleksandarNakic | E+ | Getty Images The subject of Social Security was largely left untouched in the first Republican presidential debate. But worries about the future of the program loom large in Americans’ minds, a recent survey from the Nationwide Retirement Institute shows. To that point, 75% of individuals age 50 and up worry Social
In this article PTON Follow your favorite stocksCREATE FREE ACCOUNT The exterior of a Peloton store is seen on February 05, 2022 in Dusseldorf, Germany. Jeremy Moeller | Getty Images Peloton on Wednesday reported a wider than expected loss and a quarterly drop in new subscribers that it blamed on its recall of its Bike
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In this article GPS Follow your favorite stocksCREATE FREE ACCOUNT Pedestrians walk past Old Navy and GAP stores in Times Square, New York City. Drew Angerer | Getty Images Gap reported mixed results on Thursday and underwhelming current-quarter guidance as the longtime mall retailer saw another quarter of declining sales across all four of its
Federal Reserve Chairman Jerome Powell testifies before the House Committee on Financial Services June 21, 2023 in Washington, DC. Powell testified on the Federal Reserve’s Semi-Annual Monetary Policy Report during the hearing. Win Mcnamee | Getty Images News | Getty Images Since he took over the chair’s position at the Federal Reserve in 2018, Jerome
Artistgndphotography | E+ | Getty Images Savers are now getting higher cash yields after several interest rate hikes from the Federal Reserve. But taxes on those earnings could be a surprise, experts say. As of Aug. 24, the top 1% of savings accounts were paying average rates north of 4.5%, and the most competitive one-year
Jakub Porzycki/NurPhoto via Getty Images Nearly 1 in 3 investors would use artificial intelligence as their financial advisor, a new survey suggests — and that has the potential to lead to flawed advice, experts said. Specifically, 31% of investors queried would be comfortable implementing financial advice from a generative AI program without first verifying
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Key Findings New alternative nicotine products offer less harmful methods of consuming nicotine. Switching consumption from combustible cigarettes to the products saves lives. To incentivize switching, safer nicotine products should receive a preferential tax rate compared to combustible cigarettes. Despite conclusive scientific evidence, many Americans believe nicotine is a carcinogen when it is not. Tax
In this article DLTR Follow your favorite stocksCREATE FREE ACCOUNT Shoppers are seen at the parking lot of a Dollar Tree store in Bloomsburg, Pennsylvania. Paul Weaver | Lightrocket | Getty Images Shares of Dollar Tree fell on Thursday and hit a 52-week low, after the retailer said customers’ shopping lists have largely narrowed to
A Falcon 9 rocket is displayed outside the Space Exploration Technologies Corp. (SpaceX) headquarters on January 28, 2021 in Hawthorne, California. Patrick T. Fallon | AFP | Getty Images The U.S. Department of Justice sued SpaceX on Thursday, alleging Elon Musk’s space company discriminated against refugees and asylum seekers in its hiring practices. The lawsuit
In this article ADSK DG AMD MRVL Follow your favorite stocksCREATE FREE ACCOUNT Nvidia’s A100 GPU, used to train ChatGPT and other generative AI, is shown at the demo center of Nvidia’s headquarters in Santa Clara, California, Feb. 9, 2023. Katie Tarasov Check out the companies making headlines in midday trading. Nvidia – The chipmaker’s
In a Good Morning America appearance earlier this year, Corcoran doubled down on that advice, saying it’s essential to know what the house you may have viewed in the early afternoon looks like at all times of the day. “People fall in love with the house and think at that moment in time it’s their
sturti Increased longevity is challenging people to rethink the traditional three-step life path of education, work and retirement. But one age group — individuals ages 40 to 59 — is more likely to struggle with this concept, according to new research from Transamerica and the Massachusetts Institute of Technology AgeLab. “That cohort based on the