Result Page 40 for Archives

IRS Cracks Down on Unfiled High-Income Tax Returns

The Internal Revenue Service said on Thursday that it will reactivate a non-filer enforcement program that had been dormant for years due to previous budget cuts, and it will take tough measures against high-income earners who have failed to file tax returns in 125,000 cases since 2017.

Mar 01, 2024 7:22 AM EST

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Is the Inflationary Peak Over? Fed's Measure Suggests Prices Still High

The Federal Reserve's preferred inflation index climbed in January, which is the most recent indication that the U.S. consumer price increase deceleration is happening unevenly month to month.

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The Carried Interest Loophole and Wall Street's Tax Wizardry

he carried interest loophole isn't the only card up Wall Street's sleeve. There are plenty of other tax hacks being utilized. Take Goldman Sachs' new pay plan, for instance.

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The Real Winner of the Kremlin's war won't be Russia or Ukraine

The old Wall Street adage says to buy when stocks plummet at the outbreak of war and sell when stocks rise as hostilities end. Buying low and selling high has long been a fundamental financial strategy particularly as it relates to gauging wartime market sentiments. And where some might hear the drums of war beating and jackboots ringing on cobblestones, others hear only the sound of cold, hard coin clanging into their coffers.

Gemini to Repay Over $1 Billion in Settled Dispute

Gemini, a cryptocurrency exchange, and the New York State Department of Financial Services (NYDFS) have come to an agreement wherein Gemini would reimburse clients of the Gemini Earn Program with a minimum of $1.1 billion via the Genesis bankruptcy case.

Feb 29, 2024 7:10 AM EST

Will Small Businesses Lead the US Economic Recovery?

According to a recent study, small company owners are becoming more optimistic about the US economy as inflation declines and worries of a recession lessen

Feb 29, 2024 6:25 AM EST

Wall St Worries About Inflation Data Spark Pullback

Wednesday's slightly lower closing price for US equities came one day ahead of an important inflation report that may have a significant impact on when the Federal Reserve decides to decrease interest rates.

Feb 29, 2024 5:52 AM EST

After Years of Increases, Used and New Car Prices Finally Dip

In the United States, price hikes for automobiles and trucks have been moderating and in some cases even declining, which is helping to reduce overall inflation and giving disgruntled Americans greater optimism that they will be able to find an inexpensive vehicle for almost three years.

Feb 29, 2024 12:57 AM EST

Rise Against Terror: How Ukraine's Resistance Could Spark Global Democratic Uprising

Part 2 of Is Ukraine hunting Russia's blood gold traffickers in Africa? Read Part 1 Here. To demonstrate to those perpetuating the Putin regime's reign of terror and destruction that there is no place in the world where they may hide; to demonstrate to the free world that where one great democracy stumbles, others may find their footing and rise in its place; Ukraine must turn those cuts in the Putin war machine into hemorrhages.

Feb 28, 2024 12:42 PM EST

Five Tax-Savvy Moves to Kickstart Your New Year Right

The key to successful tax planning is staying informed and being proactive. So, why not add these tips to your New Year's resolutions?

Feb 28, 2024 12:30 PM EST

Bitcoin's $60K Breakthrough: Is $100K on The Horizon?

Can Bitcoin reach $100,000? Only time will tell. However, given its recent performance and the bullish sentiment surrounding it, it's certainly a possibility.

Feb 28, 2024 12:17 PM EST

Khan Claims Blocking Nvidia-Arm Deal Proves Stronger FTC, Raises Concerns

Chair of the Federal Trade Commission Lina Khan mentioned the rising Nvidia stock price and Arm as an illustration of how preventing mergers might spur more creative thinking.

Feb 28, 2024 6:20 AM EST

Wendy's Considers Surge Pricing Like Uber

Wendy's, the popular fast-food chain, is exploring the possibility of introducing dynamic pricing, akin to surge pricing used by ride-sharing services like Uber, to its menu.

Feb 28, 2024 5:49 AM EST

Macy's Slashes Locations in Big Retail Restructuring

In an attempt to revitalize its company and stave off an activist investor takeover, Macy's said on Tuesday that it will eliminate about 150 underperforming shops over the next three years.

Feb 28, 2024 12:25 AM EST

Latest Numbers Paint Brighter Picture for US Economy

According to a study issued on Monday, the U.S. economy is expected to do far better this year than business experts were predicting only a few months ago.

Feb 27, 2024 6:30 PM EST

Bitcoin Breaches $56,000, Highest Level in Two Years, Triggers Market-Wide Surge

The largest cryptocurrency in the world by market capitalization, Bitcoin, continued its upward trend in Asian trade on Tuesday, hitting a two-year high of almost $56,000 and boosting the whole cryptocurrency market amid encouraging market developments and purchases from bulls.

Feb 27, 2024 5:11 PM EST