The IRS building in Washington. Kent Nishimura | Los Angeles Times | Getty Images The IRS has issued tax refunds to 12 million people eligible for a tax break on unemployment benefits received in 2020, when the pandemic caused joblessness on a scale unseen since the Great Depression. The refund payments — which totaled $14.8
In this article PGJ .HSI Follow your favorite stocksCREATE FREE ACCOUNT The Chinese and Hong Kong flags flutter outside the Exchange Square complex in Hong Kong on Feb. 16, 2021. Zhang Wei | China News Service via Getty Images Asia-Pacific’s leading index entered a bull market this week, fueled by a rally in Chinese stocks
Skynesher | E+ | Getty Images New year, new you? Probably not. One of the revelations that will likely come in 2023 is that you’re largely the same person as last year. You don’t suddenly love running or taking vitamins. But sometimes it’s good when things don’t change, and the fact that many of the
In this article DIS Follow your favorite stocksCREATE FREE ACCOUNT Bob Iger poses with Mickey Mouse attends Mickey’s 90th Spectacular at The Shrine Auditorium on October 6, 2018 in Los Angeles. Valerie Macon | AFP | Getty Images Disney CEO Bob Iger told hybrid employees on Monday they must return to corporate offices four days
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 DCT ZG AMD TSLA Follow your favorite stocksCREATE FREE ACCOUNT Hong Kong, China, 13 Sept 2022, A red Tesla car passes in front of a Tesla dealership in Wanchai. (Photo by Marc Fernandes/NurPhoto via Getty Images) Nurphoto | Nurphoto | Getty Images Check out the companies making headlines in midday trading. Tesla
Mortgage rates are still twice what they were a year ago, but home prices have been falling since June, and that’s finally making consumers feel better about what had been an overheated, highly competitive housing market. A monthly housing sentiment index from Fannie Mae showed sentiment improving from November to December. The index is still
Rolls-Royce Steve Christo – Corbis | Corbis News | Getty Images Rolls-Royce sold a record number cars in 2022 as demand for its $500,000 vehicles remained strong, despite recession fears, according to CEO Torsten Muller-Otvos. “We haven’t seen seen any slowdown or downturn,” Muller-Otvos told CNBC. “We haven’t seen any negative impact.” Rolls-Royce delivered 6,021
vitapix | E+ | Getty Images New government jobs data shows the U.S. labor market is still strong, with a record low unemployment rate of 3.5%. “The unemployment rate is the lowest in 50 years,” President Joe Biden said on Friday. ”We have just finished the two strongest years of job growth in history.” Yet as
In this article BBBY Follow your favorite stocksCREATE FREE ACCOUNT A pedestrian walks by a Bed Bath and Beyond store in San Francisco, California. Justin Sullivan | Getty Images When Bed Bath & Beyond leaders speak to investors Tuesday morning, they won’t simply report sales and earnings results. They will have to address a stark
A Lululemon store in New York Scott Mlyn | CNBC Check out the companies making the biggest moves premarket: Lululemon — Shares of the Canadian apparel company fell more than 10% after Lululemon lowered its gross margin guidance for the first quarter. The “athleisure” chain raised its net revenue guidance for the fourth quarter and
Residents drop off Covid-19 PCR tests at a testing site run by the Centers for Disease Control, Federal Emergency Management Agency and eTrueNorth in Washington, D.C., on Jan. 5, 2022. Eric Lee | Bloomberg | Getty Images When Christopher Perry got sick in July 2021, he thought he just had a bad cold. But after
Employees prepare food orders at a Portillo’s restaurant in Chicago, Illinois, on Tuesday, Sept. 27, 2022. Christopher Dilts | Bloomberg | Getty Images More than half of U.S. states will hike their minimum wage this year, but some restaurant workers could see even bigger gains in 2023. California’s state minimum wage rose to $15.50 an
In this article WWE Follow your favorite stocksCREATE FREE ACCOUNT World Wrestling Entertainment Inc. Chairman Vince McMahon is introduced during the WWE Monday Night Raw show at the Thomas & Mack Center August 24, 2009 in Las Vegas, Nevada. Ethan Miller | Getty Images Vince McMahon has returned to the World Wrestling Entertainment board of
People walk along Waterloo Bridge past the City of London skyline, the capital’s financial district. U.K.-focused equity funds saw record outflows in 2022. Sopa Images | Lightrocket | Getty Images LONDON — Investors ditched U.K. stock funds at a record rate last year, according to new research, with the selling outpacing that in other major
Getty Images With President Joe Biden’s student loan forgiveness plan on hold and headed to the Supreme Court, tens of millions of Americans are wondering if they’ll ever see the relief they were promised. Legal experts say the president’s policy, which would cancel up to $20,000 for borrowers, faces a narrow path to survival with
The new Delta SkyClub at Los Angeles International Airport (LAX), Terminals 2 and 3 where the reimagined state-of-the-art facilities will soon welcome millions of guests each year. Media News Group | Long Beach Press-Telegram via Getty Images When United Airlines gate agents call the first boarding group, Ted Cohen notices something he never saw in
Atlanta Federal Reserve President Raphael Bostic said Friday that December’s jobs report, with its slowdown in wage increases and better-than-expected employment growth, doesn’t change his view on monetary policy. The central bank official said he still sees interest rates rising, up past 5% for the Fed’s benchmark funds rate, where he sees it staying for
In this article PERI-IL BMBL BKNG AAPL MSFT META AMZN DV Follow your favorite stocksCREATE FREE ACCOUNT Apple CEO Tim Cook poses in front of a new MacBook Airs running M2 chips display during Apple’s annual Worldwide Developers Conference in San Jose, California, June 6, 2022. Peter Dasilva | Reuters With the brutal 2022 behind
In this article SFIX Follow your favorite stocksCREATE FREE ACCOUNT Katrina Lake, CEO of Stitch Fix Adam Jeffery | CNBC Stitch Fix founder Katrina Lake on Thursday told employees the company will be cutting 20% of its salaried workforce and she will reassume her post as CEO as the fledgling apparel company continues to grapple