South_agency | E+ | Getty Images There has been a nationwide increase in “phantom hacker” scams, a type of fraud “significantly impacting senior citizens,” who often lose their entire bank, savings, retirement or investment accounts to such crime, according to the FBI. “Phantom hacker” scams are an evolution of tech support scams, a type of
IRS Commissioner Danny Werfel speaks at a Senate Finance Committee hearing in Washington, D.C., on April 19, 2023. Al Drago | Bloomberg | Getty Images The IRS on Tuesday unveiled more details about its direct filing pilot program launching for the 2024 tax season. Known as Direct File, the pilot will allow certain taxpayers to
Former US President and Republican presidential hopeful Donald Trump holds a campaign event during a Club 47 USA event at Palm Beach County Convention Center in West Palm Beach, Florida on October 11, 2023. Giorgio Viera | Afp | Getty Images Former President Donald Trump returned to court in Manhattan on Tuesday to attend the
In this article NWSA Follow your favorite stocksCREATE FREE ACCOUNT Activist investment firm Starboard Value is pushing for change at News Corp. – in particular to see its real estate business separated from the rest of the company. Starboard CEO Jeffrey Smith told CNBC’s David Faber on Tuesday that the firm is building a position
In this article LCID Follow your favorite stocksCREATE FREE ACCOUNT A Lucid showroom in New York City on Aug 19th, 2023. Adam Jeffery | CNBC Luxury electric vehicle maker Lucid Group said Tuesday that it delivered 1,457 of its Air sedans to customers in the third quarter, a number that is unlikely to reassure investors
In this article BAC Follow your favorite stocksCREATE FREE ACCOUNT Brian Moynihan, CEO of Bank of America, testifies during a Senate Banking, Housing, and Urban Affairs Committee hearing, Sept. 22, 2022. Tom Williams | CQ-Roll Call, Inc. | Getty Images Bank of America is scheduled to report third-quarter earnings before the opening bell Tuesday. Here’s
Adam Gault | OJO Images | Getty Images Prices keep creeping higher for shoppers in the market for a new or used vehicle. Car prices and interest rates are higher, pushing up costs for drivers. Yet, pent-up demand has kept cars moving off lots, experts say, meaning dealers don’t have much reason to offer discounts.
A contractor works on a new home under construction in Tucson, Arizona, on Tuesday, Feb. 22, 2022. Rebecca Noble | Bloomberg | Getty Images Builder confidence in the market for single-family homes dropped to the lowest level since January, as builders contend with a market dominated by high mortgage rates and costs for financing. The
Base Erosion & Profit Shifting: Anti-Avoidance Policies with Pillar 2 Skip to content Table of Contents Key Findings The global minimum taxA tax is a mandatory payment or charge collected by local, state, and national governments from individuals or businesses to cover the costs of general government services, goods, and activities. agreement known as Pillar
In this article GS Follow your favorite stocksCREATE FREE ACCOUNT David Solomon, chief executive officer of Goldman Sachs Group Inc., at the Goldman Sachs Financial Services Conference in New York, Dec. 6, 2022. Michael Nagle | Bloomberg | Getty Images Goldman Sachs is scheduled to report third-quarter earnings before the opening bell Tuesday. Here’s what
Pedestrians walk past a billboard announcing the World Bank Group and International Monetary Fund annual meetings, on the side of the International Monetary Fund headquarters in Washington DC on October 5, 2023. Mandel Ngan | Afp | Getty Images Top economists and central bankers appear to be in agreement on one thing: interest rates will
Concerns about high inflation and a possible recession have not only impacted the financial lives of many American workers — they’re also now changing the type of workplace perks that employees say they’d value most. Some employers are taking notice and expanding their offerings. More from Personal Finance:Here’s the inflation breakdown for September 2023 —
In this article .HSI 2007-HK Follow your favorite stocksCREATE FREE ACCOUNT Country Garden shares tumbled to fresh eight-month lows Monday, extending losses on renewed debt fears for the Chinese property sector. Future Publishing | Future Publishing | Getty Images All of Country Garden‘s offshore debt could potentially be in default if the Chinese property developer
In this article F Follow your favorite stocksCREATE FREE ACCOUNT Bill Ford, Executive Chairman of Ford Motor Company, announces at a press conference that Ford will be partnering with the worlds largest battery company, a China-based company called Contemporary Amperex Technology, to create an electric-vehicle battery plant in Marshall, Michigan, on February 13, 2023 in
larryhw | iStock / 360 | Getty Images The annual rate for newly bought Series I bonds could top 5% in November — and there are several things to consider before adding more to your portfolio, experts say. November’s rate for new purchases could be higher than the current 4.3% interest on I bonds bought
Martin-dm | E+ | Getty Images Gen Zers are cutting back on spending. More than half — 53% — say a high cost of living is a barrier to their financial success, according to a new survey from Bank America. Nearly 3 in 4 young adults surveyed — 73% — have changed their spending habits
In this article AMC Follow your favorite stocksCREATE FREE ACCOUNT Taylor Swift performs onstage for the opening night of “Taylor Swift | The Eras Tour” at State Farm Stadium. Kevin Mazur | Getty Images Entertainment | Getty Images Box office analysts became Swifties in the lead-up to Taylor Swift’s Eras Tour concert film release, estimating
Yellow taxi cabs drive down a road in Senegal’s capital city of Dakar on Sept. 6, 2023. John Wessels | Afp | Getty Images BEIJING — An ambassador of an African country to China has criticized the International Monetary Fund and the World Bank for restrictive lending policies. “The problem is that the ratings we
The floor of the New York Stock Exchange. Spencer Platt | Getty Images August and September are historically the worst months for stocks. That was the case this year, as the S&P 500 index fell 6.5% over that span. Much of the time, however, the rest of the year can provide a respite, helping investors
Without the promise of broad-based student loan forgiveness, there’s another option for eliminating higher-education debt before it balloons. Through dual enrollment, high school students can complete college-level coursework and even receive an associate’s degree by the time they graduate. That can shave years off the cost of a bachelor’s degree, in some cases cutting the