Big Changes for US Workers: Overtime Pay, Non-Compete Restrictions Explained
This week, the federal government took two steps that could have far-reaching effects for millions of American workers.
Apr 26, 2024 01:34 PM EDT
Elon Musk's Promise of Affordable EVs Sends Tesla Shares Skyrocketing
Following CEO Elon Musk's announcement that the electric car business intends to start producing new, reasonably priced EV models by early 2025, Tesla shares finished up 12% on Wednesday.
Costco's Gold Bars Part II: From Africa to the Alps to You
So where exactly does that shiny new "999.9 fine gold minted" bar from Costco come from? Under that "Essayeur Fondeur" Swiss authenticity stamp lies a long, bloody trail of death and tears.
Short on Cash? A Guide to Using Earn-Wage Apps Safely and Affordably
Several businesses provide a lending service known as Earned Wage Access, including EarnIn. In order to help workers meet their daily necessities and pay their obligations, the applications provide tiny, short-term loans to them between paychecks.
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10 Foolproof Steps to Start Investing Now - Even If You're a Complete Beginner
Before you dive headfirst into the deep end, take a moment to consider why you want to invest. Are you saving for retirement, hoping to buy a house, or funding your kids' college education?
Feb 05, 2024 05:54 PM EST
Investor Concerns Mount as Tesla Stock Faces Decline
Following a doubling in value the previous year, Tesla's (TSLA) stock has plummeted early in 2024 ahead of sales and earnings for the fourth quarter, as experts have revised lower profit expectations for the last few months of 2023.
Feb 05, 2024 08:19 PM EST
Fed Chief Signals Slow and Steady Rate Reduction Approach
In a Sunday interview, Federal Reserve Chair Jerome Powell said that the bank will cautiously reduce interest rates this year, perhaps moving much more slowly than the market anticipates.
Feb 05, 2024 10:28 AM EST
Meta Announces Dividend Status, but Smart Investors Shift Focus to a More Promising Tech Player
The announcement of Meta Platforms' first-ever dividend was the major surprise in the company's fourth-quarter financial report released last week.
Feb 05, 2024 03:42 AM EST
Luxury Giant Shakes Up Watch World: LVMH Targets Billion-Dollar Market with Bold Designs
Luxury behemoth LVMH is attempting to take market share in the world of luxury watches by launching a new watch subsidiary and introducing a number of more expensive models.
Feb 04, 2024 09:17 PM EST
Overhaul of Trump-Era Tax Law May Result in Bigger Refunds
Millions of Americans may receive larger tax refunds this year as a result of a last-minute revision to a tax provision included in President Donald Trump's 2017 Tax Cuts and Jobs Act.
Feb 05, 2024 02:22 AM EST
Wages Rising, Jobs Soaring: Can the US Economy Maintain This Momentum?
Employers across the country launched an impressive hiring spree to start 2024, adding 353,000 new positions in January alone, the most recent indication of the economy's resilience in the face of the highest interest rates in two decades.
Feb 03, 2024 03:33 AM EST
Ferrari's Record Year Ignites Investor Excitement for Future
Ferrari is a luxury sports vehicle company that exceeded both the top- and bottom-line earnings projections of Wall Street for the fourth quarter, capping a record-breaking year of profits.
Feb 02, 2024 01:00 PM EST
Ohio Braces for Economic Hit as Intel Hits Pause on Mega Project
Due to market conditions and the sluggish distribution of U.S. grant funds, Intel is postponing the development of its $20 billion chip manufacturing project in Ohio, according to a Wall Street Journal story published on Thursday.
Feb 02, 2024 12:20 PM EST
House Greenlights Expansion of Child Tax Credit, Unveiling Potential Benefits for Millions
The House approved a bill on Wednesday that would prolong certain business tax credits and enhance the important incentive for parents, bringing the Child Tax incentive one step closer to a makeover.
Feb 02, 2024 10:46 AM EST
Will It Last? Experts Weigh In on Mortgage Rate Trend and Housing Market Rebound
As the spring housing market draws near, potential homeowners will be pleased to learn that the average long-term U.S. mortgage rate decreased this week.
Feb 02, 2024 08:29 AM EST
Can Wall Street's Darling Meta Lean on Dollar Deals from Temu and Shein?
Temu and competitor Shein are smearing advertisements on Facebook and Instagram in an attempt to establish their brands and draw customers away from Alibaba's and Amazon.
Feb 01, 2024 02:56 AM EST