An EV600 all-electric light commercial vehicle purpose-built for the delivery of goods and services, built by GM’s electric commercial vehicle business, BrightDrop, is seen in Detroit, Michigan, in this undated photograph. Brightdrop | Handout | via Reuters Layoff announcements and warnings of an economic downturn from multiple CEOs during the earnings season have made it
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A renovated apartment in New York City after The Expert consultation sessions with designers Jessica Gersten and Athena Calderone. The Expert Aside from bingeing Netflix, creating the picture-perfect home may have been the pandemic’s most popular habit. Whether it’s organizing a pantry or adding on a home office, gym or spa-like bathroom, homeowners have been
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In this article BRK.B Follow your favorite stocksCREATE FREE ACCOUNT Warren Buffett. Gerald Miller | CNBC Berkshire Hathaway‘s operating profits fell during the fourth quarter as inflationary pressures weighed on the conglomerate’s businesses. Berkshire Hathaway’s operating earnings totaled $6.7 billion in the fourth quarter of 2022, a release read Saturday. That’s down 7.9% from the
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The U.S. Supreme Court in Washington, D.C. Kent Nishimura | Los Angeles Times | Getty Images The Biden administration is currently blocked from carrying out its promise of canceling up to $20,000 in student debt for tens of millions of Americans while its relief plan heads to the Supreme Court. On Tuesday, the nine justices
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Big life events often trigger tax changes, and getting married is one of them. Though often overlooked, one of the most important steps you should take after getting married is updating your Form W-4 with your employer. Should I fill out a new W-4 when married? Yes! Your W-4 tells your employer how much tax
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In this article LCID Follow your favorite stocksCREATE FREE ACCOUNT People test drive Dream Edition P and Dream Edition R electric vehicles at the Lucid Motors plant in Casa Grande, Arizona, September 28, 2021. Caitlin O’Hara | Reuters Luxury electric vehicle maker Lucid appears to have a demand problem. The company said during its fourth-quarter
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In this article BRK.A Follow your favorite stocksCREATE FREE ACCOUNT An Andy Warhol-like print of Berkshire Hathaway CEO Warren Buffett hangs outside a clothing stand during the first in-person annual meeting since 2019 of Berkshire Hathaway Inc in Omaha, Nebraska, U.S. April 30, 2022. Scott Morgan | Reuters Warren Buffett defended stock buybacks in Berkshire Hathaway‘s
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Doing taxes in 2023 feels a lot like it did before the pandemic. Still, there are some meaningful changes to keep in mind. The 2023 tax filing season is probably most notable for what’s missing: After three years of stimulus payments and pandemic tax breaks, nearly all of those extra benefits have faded away —
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Key Findings Although most states forgo local income taxes, they are a significant source of local tax revenue in six states and at least a modest source of revenue in 10 others. Some use state definitions of income, while others define income separately or make modifications to the state base. Localities that “piggyback” on the
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In this article BGRY BRK.A Follow your favorite stocksCREATE FREE ACCOUNT Berkshire Hathaway Chairman and CEO Warren Buffett. Andrew Harnik | AP Warren Buffett’s loyal following of value investors is about to hear from the legend himself, at a crucial time when interest rates have soared and recession fears are raging. The 92-year-old chairman and
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