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Proxy Firm Questions Musk's $56 Billion Compensation Proposal

The $56 billion compensation proposal for Tesla CEO Elon Musk, if approved, would be the highest pay package for a CEO in corporate America, according to a statement made on Saturday by proxy consulting company Glass Lewis.

May 27, 2024 3:19 PM EDT


What Is the Secret to Generational Wealth?

The preservation and transmission of assets from one generation to the next is known as generational wealth. It could be simpler for your children or grandkids to reach life milestones like attending college or buying a home if you provide them even a tiny financial safety net when they grow up.

May 25, 2024 12:22 PM EDT


3 Reasons to Consider Credit Card Debt Forgiveness Before June

Have you heard of the forgiving of credit card debt? In an effort to provide you with relief from excessive debt, these services collaborate with your lenders to lower your credit card balances.

May 25, 2024 12:22 PM EDT


US Escalates Airbus Dispute, Hikes Tariffs on European Aircraft

Amid a nearly 16-year transatlantic battle over aviation subsidies, the U.S. government said on Friday that it will raise duties on airplanes imports from the European Union to 15% from 10%. This move will put further pressure on Brussels.

May 25, 2024 12:22 PM EDT


Artificial Intelligence, Millennial Inheritance Could Spark Stock Market Surge

Some investors may worry about market volatility ahead, given a contentious presidential race, lingering inflation, sinking consumer sentiment, and uncertainty over Federal Reserve interest rate cuts.

May 25, 2024 12:22 PM EDT


Beef, Condiments Increase Prices to Over 10% Ahead of Memorial Day

For barbecue staples like ground beef, hot dogs, buns, relish, ketchup, and mustard, consumers will pay, on average, somewhat more this year than in 2023, according to Datasembly.

May 25, 2024 12:18 PM EDT


Core Capital Goods Orders Rise By 0.1%, Suggesting Improvement in Business Spending

Important capital goods made in the United States saw a higher-than-anticipated increase in new orders and shipments in April, indicating a modest uptick in corporate equipment expenditures in the first part of the second quarter.

May 25, 2024 12:18 PM EDT


S&P 500 Companies Sound Alarm on Coronavirus Impact on Earnings, Profits

The coronavirus outbreak in China is predicted to have a significant impact on the revenues and profitability of nearly one in five S&P 500 corporations, indicating the disease's widespread effects on enterprises worldwide.

May 25, 2024 12:17 PM EDT


Wall Street Embraces Ether: Exchanges Approved to List Spot ETFs

Applications from Nasdaq, CBOE, and NYSE to list exchange-traded funds (ETFs) linked to the price of ether were authorized by the U.S. Securities and Exchange Commission (SEC) on Thursday.

May 25, 2024 12:16 PM EDT


Could Higher Rates Trigger Interstate Exodus?

According to Michael Mazerov, senior scholar at the Center on Budget and Policy Priorities, other research indicates that state taxes may not have a significant effect on migration trends.

May 24, 2024 11:56 AM EDT


Drugmaker Pfizer Seeks $1.5 Billion in Cost Reductions

On Wednesday, Pfizer announced the start of a new, multi-year cost-cutting initiative as it attempts to recover from the sharp fall in its Covid business.

May 24, 2024 11:51 AM EDT


Feds Clarify Protections for Buy Now, Pay Later Users

The growing "buy now, pay later" industry has regulators catching up. The growing "buy now, pay later" industry has regulators catching up.

May 23, 2024 9:03 PM EDT


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