US Tax Increase Expected Despite Biden’s $400K Guarantee
A framework for the goals Biden intends to pursue in his second term was provided by the Biden Administration's budget plan for 2025.
Jun 04, 2024 11:03 AM EDT
Stocks Inch Higher Despite Weak Manufacturing, NYSE Issues
Monday's turbulent session saw gains in the S&P 500 and the Nasdaq due to weak manufacturing sector data and a brief NYSE malfunction that stopped trading several stocks.
Trade Schools Gain Traction as Smart Investment
These days, four-year colleges and universities face fierce competition from growing numbers of institutions offering trade education.
Criminals Exploit Outdated Cards to Steal Government Benefit
An integral component of the expanding identity theft practice that targets the 42 million Americans with lower incomes who depend on EBT cards to access government food and cash assistance.
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TikTok Viral Money Hacks: Why You Should Think Twice Before Taking Financial Advice
TikTok is rife with opportunities to amass riches, from cash stuffing to overt budgeting, and more people are starting to pay attention.
Jun 03, 2024 1:23 PM EDT
Japan Intervenes in Forex Market with Sizeable $62 Billion Move
Japan's Ministry of Finance released data on Friday that verified the nation's first currency intervention since 2022 following the yen fell in April to a 34-year low.
Jun 02, 2024 7:02 AM EDT
Expired Subsidy Leaves Millions Facing Internet Affordability Crisis
A lack of funds from Congress is causing the largest broadband affordability program in the country to come to an end.
Jun 01, 2024 10:24 PM EDT
Tesla Shareholder Sues Musk, Alleging $7.5 Billion Insider Trading Scheme
When Elon Musk, the CEO of Tesla, sold more than $7.5 billion worth of the company's stock in late 2022, a shareholder filed a lawsuit on Thursday accusing Musk of engaging in insider trading. T
Jun 01, 2024 10:20 PM EDT
Orange Juice Costs Surge, Threatening Breakfast Staple
Due to ongoing supply shortages, orange juice prices have reached new all-time highs, sending the sector into crisis mode and compelling some producers to look at using other fruits.
May 31, 2024 3:00 PM EDT
Could Economic Uncertainty Push Up Gold Prices in June?
In 2024, gold has seen tremendous growth thus far. The price of the product increased by more than 18% this year alone, from $2,063.73 per ounce on January 1 to $2,439.98 per ounce on May 20. Even if it has somewhat decreased recently, if you own gold or are thinking about buying some, you might be wondering if the rising trend will last for the remainder of the year.
May 31, 2024 2:00 PM EDT
Salesforce Shares Plummet 20% After Disappointing Results
The stock had its worst day in over 20 years on Thursday, when Salesforce's shares finished 20% down. July 4, 2004, the day the stock plunged 27% only days after the business went public, is the worst trading day in company history.
May 31, 2024 12:10 PM EDT
OpenAI CEO Sam Altman With $2 Billion Net Worth Commits Half His Fortune to Philanthropy
Sam Altman, CEO of OpenAI, has announced his commitment to donate the majority of his wealth to philanthropic causes, aligning himself with other billionaires who have pledged significant contributions.
May 31, 2024 11:30 AM EDT
IRS Permanently Extends Free Filing Option, Encourages State Collaboration
The IRS said on Thursday that it will extend its trial of a free electronic tax return filing system to all 50 states as well as the District of Columbia, requesting that they assist taxpayers in completing their forms through the program by 2025.
May 31, 2024 11:06 AM EDT
65% of Gen Z Prioritizes Travel Despite Financial Risks
According to a Bank of America survey published on May 20, Gen Z is more likely than previous generations to be planning travels abroad since they are no longer content with taking road trips to their parents' houses.
May 31, 2024 11:01 AM EDT
Student Loan Debt Hinders Retirement for Around 2.2 Million Over 55
There's another group of debtors-Americans over 55 who are getting close to retirement-who are frequently disregarded and have their own unique set of difficulties.
May 30, 2024 12:22 PM EDT
IRS Data Breach: Files of At Least 50,000 Americans Stolen
A victim of the heist wrote a commentary for the Wall Street Journal today, claiming that the IRS hacker took the tax files of between 50,000 and 70,000 individuals, making it the greatest theft of private taxpayer information in American history.
May 29, 2024 12:13 PM EDT
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