Latest Updates Post was updated to reflect recent developments. Originally published. See Full Timeline The Spanish election results are moving the country away from pro-growth tax reforms while launching the government’s tax agenda, and the agenda of the Spanish presidency of the Council of the European Union, into uncertainty. Despite gaining 16 more seats than
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Shoppers at Brickell City Centre in Miami, Florida, US, on Wednesday, June 14, 2023. Eva Marie Uzcategui | Bloomberg | Getty Images It’s not your imagination: Companies are getting stingier with customer rewards. Airlines are making it harder to earn elite status. Retailers have tightened return windows and tacked on fees. Dunkin’ and Sephora are
While ETFs holding stocks such as Microsoft, Tesla and Meta Platforms have outperformed this year, there are other ways to play the artificial intelligence trade beyond familiar Big Tech names. For those who want to ride the AI rally while still diversifying their portfolio beyond the tech sector, there are other fields benefiting indirectly from
Peopleimages | E+ | Getty Images The U.S. retirement system is a sprawling complex, a so-called “three-legged stool” of Social Security payments, workplace savings plans and individual wealth. But is the system falling short in its primary goal of achieving a secure retirement for all Americans? related investing news Fitch downgrade of long-term U.S. debt
In this article ASTR Follow your favorite stocksCREATE FREE ACCOUNT An Astra Spacecraft Engine during testing. Astra Struggling space company Astra is cutting 25% of its workforce, the company announced Friday, and restructuring to focus more on its spacecraft engine business, which will delay progress on the small rocket it has been developing. Astra is
In this article AMD Follow your favorite stocksCREATE FREE ACCOUNT Lisa Su displays an ADM Instinct M1300 chip as she delivers a keynote address at CES 2023 at The Venetian Las Vegas on January 04, 2023 in Las Vegas, Nevada. David Becker | Getty Images AMD reported a revenue decline of 18% in its fiscal
In this article IEP Follow your favorite stocksCREATE FREE ACCOUNT Carl Icahn at the 6th annual CNBC Institutional Investor Delivering Alpha Conference on September 13, 2016. Heidi Gutman | CNBC Shares of Carl Icahn’s conglomerate Icahn Enterprises experienced a sharp sell-off Friday after the firm slashed quarterly dividend in half amid notable short seller Hindenburg
A tray of Rolex watches are seen on a dealer’s stand at the London Watch Show on March 19, 2022 in London, England. Leon Neal | Getty Images Prices for luxury watches are near a two-year low on the secondhand market, reversing a rally that brought timepieces like Rolex, Patek Philippe and Audemars Piguet to
dowell | Moment | Getty Images After another interest rate hike from the Federal Reserve, investors have several competitive options for cash, including money market funds, with yields currently above 5%. But there are tradeoffs to consider, experts warn. Money market funds — which are different than money market deposit accounts — are a type
In this article WBD Follow your favorite stocksCREATE FREE ACCOUNT Barbie The Movie Courtesy: Warner Bros. “Barbie” is less than $100 million away from topping $1 billion at the global box office. Heading into the weekend, the bubblegum pink flick from Warner Bros. Discovery and Mattel has tallied $916.1 million. It’s expected to hit the
VMS Eve, operated by Virgin Galactic, returns after the company’s first commercial flight to the edge of space, at the Spaceport America facility, in Truth or Consequences, New Mexico, U.S., June 29, 2023. Jose Luis Gonzalez | Reuters Virgin Galactic reported second-quarter losses on Tuesday that were slightly wider the year-ago period, as the space
Emilija Manevska | Moment | Getty Images Consumers may soon be able to access $14,000 or more of federal rebates for making energy-efficient upgrades to their home. But just how soon will vary by state — and some may opt not to make the funds available at all. The rebates are part of the Inflation
When it comes to luxury spending, billionaire Mark Cuban draws the line at yachts, butlers and house cleaning services. “I just try to be the same person, I mean, as I was when I was poor, middle and rich,” Cuban, 65, told “The Really Good Podcast” on Thursday. “The whole idea of like, get a
Lucigerma | Istock | Getty Images Predictions that a recession may be looming for the U.S. economy have so far not come to fruition. Now, some experts are backing off the prediction altogether, including Federal Reserve staff economists. “What’s out: Mild recession,” states new economic research released by Bank of America this week. “What’s in:
Former U.S. President and Republican presidential candidate Donald Trump looks on as he speaks during a campaign rally in Erie, Pennsylvania, July 29, 2023. Lindsay Dedario | Reuters The independent financial monitor for the Trump Organization told a New York judge she identified issues of incompleteness and inconsistency in certain disclosures to lenders and others
Ben Rains dive into where the stock market sits as big tech results continue to flood the market. Amid all of the recent reports from Apple, Amazon, and others, let’s explore two highly-ranked technology stocks trading at attractive valuations that offer investors long-term growth opportunities. (0:15) – Stock Market Update: Everything You Need To Know
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Germany‘s finance minister, Christian Lindner (FDP), recently unveiled significant elements of the federal government’s tax reform proposal. With an estimated fiscal cost of EUR 6 billion, the proposal will comprise over 50 policy changes aimed at improving the country’s tax system. Two key provisions include enhancing the treatment of corporate losses and introducing an investment premium
Bill Gates didn’t get much sleep while running Microsoft. Now, he says he’s making up for it. Even in his 30s and 40s, the billionaire Microsoft co-founder would compete with peers to see who got the least rest, considering it a marker of productivity, he said on a recent episode of his new podcast, “Unconfuse
Home prices are on a tear again across much of the nation after falling for much of last year. That means giving back to homeowners the equity they lost. Home prices in June hit record highs in 60% of U.S. markets, according to a new report from Black Knight, set to be released Monday. Its