Former U.S. President Donald Trump on Nov. 15, 2022. Eva Marie Uzcategui/Bloomberg via Getty Images Former President Donald Trump paid millions of dollars in state and local taxes from 2015 through 2020, according to income tax returns publicly released Friday by the House Ways and Means Committee. But while the returns show associated tax deductions
Finance
The FTX logo on a laptop screen. Andrey Rudakov | Bloomberg via Getty Images The Securities Commission of The Bahamas says it seized $3.5 billion worth of cryptocurrency from collapsed crypto exchange FTX. In a media release late Wednesday, the watchdog confirmed the total sum taken from FTX’s Bahamian subsidiary, FTX Digital Markets, and added
The Nasdaq MarketSite in New York. Michael Nagle | Bloomberg | Getty Images Following a record-smashing tech IPO year in 2021 that featured the debuts of electric car maker Rivian, restaurant software company Toast, cloud software vendors GitLab and HashiCorp and stock-trading app Robinhood, 2022 has been a complete dud. The only notable tech offering
In this article LUV CALM NFLX Follow your favorite stocksCREATE FREE ACCOUNT In this photo illustration the Netflix logo seen displayed on a smartphone screen, with graphic representation of the stock market in the background. Sopa Images | Lightrocket | Getty Images Check out the companies making headlines in midday trading. Netflix — The streaming
In this article LMT LUV CALM TSLA Follow your favorite stocksCREATE FREE ACCOUNT Check out the companies making headlines before the bell: Tesla (TSLA) – Tesla rallied 4.4% in the premarket after posting its first rise in eight sessions Wednesday, softening the blow to its stock in what will still be the worst year ever
Singapore’s goods and services tax will be raised to 8% in January 2023. Ore Huiying | Bloomberg | Getty Images Come Jan. 1, Singapore will raise its goods and services tax, otherwise known as the GST, from 7% to 8%. It’s the first of two scheduled hikes of the GST, with the second slated to
In this article LUV GNRC AMC TSLA AAPL Follow your favorite stocksCREATE FREE ACCOUNT A sign hangs in front of an AMC theater on January 27, 2021 in Chicago, Illinois. Shares of AMC Entertainment more than quadrupled today as investors continue their buying spree on heavily shorted stocks. Scott Olson | Getty Images Check out
Volodymyr Zelenskiy, Ukraine’s president, meets with US President Joe Biden in the Oval Office of the White House in Washington, DC, US, on Wednesday, Dec. 21, 2022. Oliver Contreras | Bloomberg | Getty Images Ukrainian President Volodymyr Zelenskyy and BlackRock CEO Larry Fink agreed to coordinate investment in rebuilding Ukraine, Kyiv announced on Wednesday following
In this article BAC Follow your favorite stocksCREATE FREE ACCOUNT The 2008 financial crisis had a devastating impact on Bank of America. Shares of the bank were trading for as low as $2.53 in 2009 and net income dropped from a high of $21 billion in 2006, to just $4 billion in 2008. “Bank of
Southwest Airlines aircrafts are seen at Baltimore/Washington International Thurgood Marshall Airport (BWI) on December 22, 2021 in Baltimore, Maryland. Alex Wong | Getty Images Check out the companies making headlines in midday trading. Southwest — Shares dropped more than 4% after the company canceled 70% of its scheduled flights and warned that mass disruptions would continue “for
Workers in protective gear handle a coffin and coffin case at Dongjiao Funeral Parlor, reportedly designated to handle Covid fatalities, in Beijing, China, on Monday, Dec. 19, 2022. Bloomberg | Bloomberg | Getty Images Hong Kong-listed shares of China’s biggest cemeteries operator and funeral service rose to their highest level in more than a year
Mt. Fuji and Tokyo skyline, Japan. Jackyenjoyphotography | Moment | Getty Images Americans are poised to travel overseas in a big way in 2023. Households are continuing to unleash two or three years’ worth of pent-up demand as Covid-19 fears wane and the last vestiges of pandemic-era border restrictions have eased. The U.S. dollar also
FTX co-founder Sam Bankman-Fried is escorted by corrections officers to the Magistrate’s Court on December 21, 2022 in Nassau, Bahamas. Joe Raedle | Getty Images Sam Bankman-Fried is flying Wednesday night to New York, according to the office of the attorney general of the Bahamas, where he is later expected to be arraigned in U.S.
In this article UAA KMX TSN MU Follow your favorite stocksCREATE FREE ACCOUNT Check out the companies making headlines before the bell: CarMax (KMX) – The auto retailer’s stock slumped 12.7% in the premarket after its quarterly profit and revenue fell well short of estimates. CarMax earned 24 cents per share, compared with a consensus
In this article NTNX AVO META TSLA Follow your favorite stocksCREATE FREE ACCOUNT Check out the companies making headlines before the bell: Tesla (TSLA) – Tesla CEO Elon Musk said he would refrain from selling any more Tesla stock for 18 to 24 months. Musk has sold about $39 billion in stock over the past
In this article AVO NTNX TSLA Follow your favorite stocksCREATE FREE ACCOUNT A Tesla service and sales center is shown in Vista, California, June 3, 2022. Mike Blake | Reuters Check out the companies making headlines in midday trading Friday. Energy — Energy stocks outperformed on the S&P 500 following a rise in oil prices,
Maskot | Maskot | Getty Images Americans who save for college in 529 plans will soon have a way to rescue unused funds while keeping their tax benefits intact. A $1.7 trillion government funding package has a provision that lets savers roll money from 529 plans to Roth individual retirement accounts free of income tax
In this article BTC.CM= Follow your favorite stocksCREATE FREE ACCOUNT The crypto market has been battered this year, with more than $2 trillion wiped off its value since its peak in Nov. 2021. Cryptocurrencies have been under pressure after the collapse of major exchange FTX. Jonathan Raa | Nurphoto | Getty Images 2022 marked the
Damian Williams, US attorney for the Southern District of New York, speaks during a new conference at the US Attorney’s Office-Southern District of New York (SDNY) in New York, US, on Tuesday, Dec. 13, 2022. Jeenah Moon | Bloomberg | Getty Images Federal prosecutors endorsed plans to allow two former Sam Bankman-Fried lieutenants, Gary Wang
In this article AMC UAA TSN Follow your favorite stocksCREATE FREE ACCOUNT Pedestrians pass in front of an AMC theater in New York. Scott Mlyn | CNBC Check out the companies making headlines in midday trading. AMC Entertainment — Shares plummeted 14.8% after the company proposed a reverse stock split and announced a new $110
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