2024 Tax Season Could Bring Fatter Refunds - Here's Why
When government benefits from the pandemic-era expired last year and they received a lesser tax return check, many Americans were taken aback. What the public may anticipate this year is a question that is raised by that unpleasant revelation.
Jan 24, 2024 10:50 AM EST
Can Crypto Recover? Why Bitcoin, Dogecoin, Ethereum's Sudden Slump Matters
Tuesday saw a decline in a number of significant cryptocurrencies as investors considered the potential effects of money inflows into the market following the U.S. the first spot Bitcoin (CRYPTO: BTC) exchange-traded funds (ETFs) were approved by the Securities and Exchange Commission (SEC) over two weeks ago on January 10, 2024.
Can Taxing the Rich Save Vermont? Wealth Tax Divides Green Mountain State
Legislators in Vermont are joining a growing national effort led by Democrats, who think the measures will gain support as states deal with post-pandemic budget squeezes, by presenting legislation this week that would levy extra taxes on the richest people of the state.
Inflation & Potential Social Security Tax Hits in 10 States
Over 15 million Americans over 65 who are in poverty have considered Social Security as a lifeline, as they are lifted out of it each year by the program, according to the Center for Budget and Policy Priorities.
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Wall Street Bets on "Trillion-Dollar Company" Crown Jewel
Thousands of bankers, private equity investors, venture capitalists, and other wealthy people swarm Union Square in San Francisco each year to chase transactions.
Jan 24, 2024 12:24 AM EST
Hedge Funds Rake in Record Profits as Markets Roar Back
20 top fund managers earned $67 billion in gains for investors in 2023, compared to $65 billion during the pandemic-era boom in 2021, according to research released on Monday by LCH Investments, a hedge fund.
Jan 23, 2024 6:02 PM EST
The Number One Easy Side Hustle That You Can Start Now
Here's a dirty little secret: Making money today is easier than it's ever been. You don't need a degree or a 9-5 job. You don't need a car. All you need is a laptop and you can change your life.
Jan 23, 2024 12:20 PM EST
Why Elon Musk Now Fires Employees Every Day
Elon Musk is a ruthless savage when firing his employees. Last year Elon wielded his power as the new owner of Twitter axing 6000 employees including HR workers, marketers, and even a handful of high-ranking executives.
Jan 23, 2024 8:00 AM EST
Bernie Sanders Unleashes New Bill to Tackle 'Outrageous' CEO Pay
Democrats are proposing to increase taxes on businesses whose CEO salaries are at least 50 times higher than those of the average worker. They claim that this legislation is necessary to curb corporate greed.
Jan 23, 2024 1:31 AM EST
The New Middle Class, and How Gen Z Fits in to it
Gen Z is out of line with the reality of what a middle class salary in the United States is, but they are on the right track about a larger issue.
Jan 22, 2024 2:50 PM EST
Top Citi Strategist Foresees Healthy Economic Rebound
In order to restore sustainable growth and put inflation back to goal, the global economy does not require a "collapse," according to Steven Wieting, chief economist and investment strategist at Citi Global Wealth.
Jan 22, 2024 10:30 AM EST
Chips Power S&P 500 to Fresh Record, Chipmakers Surge on AI Optimism
The stock market experienced a surge to unprecedented levels on Friday, as investor optimism regarding anticipated interest rate cuts by the Federal Reserve and robust corporate profits fueled a rally on Wall Street.
Jan 22, 2024 9:39 AM EST
Oil Forecast Dips as Global Growth Falters
Monday saw a further decline in oil prices as geopolitical worries in the Middle East and the attack on a Russian fuel export facility over the weekend were countered by economic headwinds that put pressure on the forecast for global oil consumption.
Jan 22, 2024 7:00 AM EST
Will X Embrace Crypto? Dedicated Payments Account Fuels Rumors
Elon Musk's "everything app," X (previously Twitter), has stoked rumors in the cryptocurrency world regarding whether or not it will integrate cryptocurrencies by establishing a separate account for its planned payments function.
Jan 22, 2024 12:25 AM EST
Biden Administration Announces Additional $4.9 Billion in Student Loan Debt for 73,600 Borrowers
Biden administration announces a groundbreaking $4.9 billion discharge in student loan debt, bringing the total relief to an impressive $136.6 billion. Read more below
Jan 21, 2024 3:58 PM EST
Regional Banks Struggle with Profit Slump Despite Economic Rebound
Reminding us how difficult 2023 was, some of the most well-known midsized lenders in the country announced significant declines in profitability during the fourth quarter. The issue is that by 2024, not much improvement is anticipated.
Jan 19, 2024 11:10 AM EST
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