Douglas Sacha | Moment | Getty Images Thousands of Americans living abroad received stimulus checks during the Covid-19 pandemic, according to federal data. While that may sound incongruous with the notion of “stimulus” for the U.S. economy, lawmakers generally had a sound rationale for sending funds overseas, according to tax policy experts. “They are casting
On the heels of Halloween, leaders of the world’s 20 biggest economies endorsed a global minimum tax of 15 percent on large multinational corporations. The minimum tax, signed in Rome and announced by the Organisation for Economic Co-operation and Development (OECD), is intended to curb profit shifting and limit tax rate competition between governments. In
What’s going on in the economy? These 5 companies will provide investors a peak behind the curtain. 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
U.S. equity futures were little changed on Tuesday night as investors await key data on Wednesday that’ll be the next big indicator of how much rising price pressures are accelerating. Dow Jones Industrial Average futures fell 41 points, or 0.1%. S&P 500 and Nasdaq 100 futures dipped 0.1%. In regular trading, the Dow lost about
Ben Rains breaks down the market’s strong start to the fourth quarter that includes an impressive streak for the S&P 500. We then transition over to two retail titans, Walmart (WMT) and Target (TGT), ahead of their upcoming Q3 financial releases to see if either stock might be worth buying as we enter the heart
College life can be stressful as students try to juggle schoolwork, employment, internships, extracurricular activities and their social lives — all while living on their own, many for the first time. And, while the pandemic added an extra layer of stress for all of us, young adults were hit harder than other generations. “Even though
In this article BTC.BS=-USS COIN The logo for Coinbase Global Inc, the biggest U.S. cryptocurrency exchange, is displayed on the Nasdaq MarketSite jumbotron and others at Times Square in New York, U.S., April 14, 2021. Shannon Stapleton | Reuters Coinbase, the largest cryptocurrency exchange in the U.S., reported third-quarter earnings after the bell on Tuesday
NASA Administrator Bill Nelson speaks at a press briefing at the Kennedy Space Center in advance of the launch of the Boeing Starliner Orbital Flight Test 2. Paul Hennessy | LightRocket | Getty Images The National Aeronautics and Space Administration on Tuesday delayed its plans to return astronauts to the surface of the moon, announcing
skynesher | E+ | Getty Images It’s no secret that there is a gender pay gap in the U.S. Women earned just 84% of what men made in 2020, according to the Pew Research Center. Consequently, it would take female workers an extra 42 days to make the same income men did that year. Now,
Here is what investors need to know about the next generation of the internet. 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
In this article WE Adam Neumann, CEO of WeWork. Eduardo Munoz | Reuters Ousted WeWork CEO Adam Neumann said Tuesday that the company’s private, $47 billion valuation went to his head, in the first interview since departing the company in 2019 amid its botched IPO. “So yes the valuation made us feel like we were
Ornamental statues at China Evergrande Group’s Life in Venice real estate and tourism development in Qidong, Jiangsu province, China, on Tuesday, Sept. 21, 2021. Qilai Shen | Bloomberg | Getty Images BEIJING — The U.S. Federal Reserve warned Monday of potential spillover from China’s real estate troubles to the U.S. financial system. Since this summer,
Tesla Model 3 electric vehicles at a Hertz neighborhood location. Hertz Shareholders of Hertz Global Holdings increased the size of their public offering of shares by 20%, ahead of plans to relist the stock on the Nasdaq on Tuesday under the ticker symbol “HTZ.” The Estero, Florida-based car-rental company late Monday said the pricing of
In this article RBLX The New York Stock Exchange welcomes executives and guests of Roblox (NYSE: RBLX), today, Wednesday, March 10, 2021, in celebration of its Direct Listing. NYSE Shares of video-game company Roblox soared as much as 35% in extended trading on Monday after the company reported third-quarter results that impressed analysts. Here’s how
MoMo Productions | DigitalVision | Getty Images Scammers are using the child tax credit to try to steal from unsuspecting Americans, according to the Federal Trade Commission. Often, these criminals perpetuate a type of “government impersonator” scam. They contact people by phone, text, e-mail and social media, pretending to be IRS agents and directing victims
U.S. stock index futures were little changed during overnight trading on Monday after the major averages closed at records, boosted by strength in infrastructure stocks. Futures contracts tied to the Dow Jones Industrial Average dipped 23 points. S&P 500 futures declined 0.07%, while Nasdaq 100 futures retreated 0.09%. During regular trading all three major averages
Vehicles drive by unfinished residential buildings from the Evergrande Oasis, a housing complex developed by Evergrande Group, in Luoyang, China September 16, 2021. Carlos Garcia Rawlins | Reuters The debt problems facing China’s property sector are likely to cause a period of stagnation which affects both the domestic and global economy, according to George Magnus,
A United Airlines Boeing 737-800 and United Airlines A320 Airbus on seen approach to San Francisco International Airport, San Francisco. Louis Nastro | Reuters A federal judge in Texas on Monday ruled that United Airlines‘ employee vaccine policy can proceed. The Chicago-based airline has one of the strictest employee vaccine policies in the country. In
In this article PYPL The PayPal application can be seen on a mobile phone. Felix Kästle | picture alliance | Getty Images PayPal reported revenue growth for the third quarter of 13% on Monday and said it’s teaming up with Amazon to let U.S. customers pay with Venmo at checkout, starting in 2022. The shares
Maskot | Maskot | Getty Images It is easy to feel pessimistic — even apocalyptic — about the looming challenge of long-term care for the nearly 71 million baby boomers heading into their golden years. Consider a few numbers: There are currently 14 million people receiving some form of long-term care. That number will double