Feds Penalize E-Bay for $3 Million After Employees Stalked Couple Over Negative Reviews
Acting U.S. Attorney General William Barr consented to pay a $3 million felony penalty in connection with the harassment and surveillance of a Massachusetts couple. Joshua Levy, an attorney, stated on Thursday.
Jan 12, 2024 10:50 AM EST
Higher Tax Brackets Coming Soon? What This Means for Your Individual and Family Finances
Because of legislation approved at the end of 2017, American taxpayers have had a time-limited respite in their federal tax burden for the previous several years.
The Greatest Wealth Transfer in History is Happening Now
The largest generational wealth transfer in human history is upon us, but I don't think anyone is ready. Baby Boomers, the generation of people born between 1944 and 1964, are expected to transfer $30 trillion in wealth to the younger generations over the next few years.
Core Inflation Holds Steady at 3.9%, But Headline Rate Rises as Housing and Energy Bite
December's increase in total U.S. inflation was mostly driven by rising energy and housing costs, suggesting that the Federal Reserve's efforts to bring inflation down to its target of 2% will probably not be easy.
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Hacked Tweet Shakes Market as SEC Denies ETF Approval
The Securities and Exchange Commission declared on Tuesday that the agency's account was hacked and that a post made from the agency's account on the social media site X announcing the approval of a much-anticipated bitcoin exchange-traded fund was "unauthorized."
Jan 10, 2024 9:33 AM EST
Global Growth Grinds to a Halt as World Bank Predicts Third Year of Slowdown
The global economy is expected to slow down in 2024 for the third year as a result of factors like growing interest rates, persistent inflation, dwindling trade, and a faltering China.
Jan 09, 2024 9:56 PM EST
Supply Chain Improvements and Tech Giants' Plans Spark Optimism, Propelling Chip Stock Gains
On Monday, semiconductor stocks markedly recovered after a challenging start to the year. On Monday, semiconductor stocks markedly recovered after a challenging start to the year.
Jan 09, 2024 10:40 AM EST
31% of Americans Expect Mortgage Rates to Fall in 2024, Boosting Housing Sentiment
According to a new Fannie Mae study, more Americans than ever before believe that mortgage rates will drop this year. December had a more positive attitude than November, with 31% of consumers expressing the idea that borrowing prices for house loans will fall over the following 12 months.
Jan 09, 2024 9:33 AM EST
Future of Flexibility? Biden's Reclassification Play Paves the Way for Major Gig Economy Shift
According to a US administration official, President Joe Biden will issue a final regulation as early as this week that would make it harder for businesses to designate people as independent contractors rather than employees, who usually cost a business more.
Jan 08, 2024 7:56 PM EST
Stocks Slip Despite Early Green Shoots, Boeing Plunges on Delivery Delay Worries
Monday saw a little decline in US stock futures but Treasuries remained stable as traders adjusted their wagers following last week's selloff. A barrel of Brent oil dropped below $77.
Jan 08, 2024 11:50 AM EST
Travelers Brace for Potential Continued High Costs as Experts Analyze 2024 Airfare Trends
It seems that the aviation industry's incredible rise from the pandemic's lowest points is coming to an end. A thorough examination of many data reveals a tendency toward stabilization in multiple important indicators, indicating the end of fast expansion and the beginning of a new routine.
Jan 08, 2024 11:30 AM EST
Congress Strikes Temporary Truce, Avoiding Financial Cliffhanger
A deal reached by Congressional leaders on the total amount of spending for the current fiscal year may help avert a partial government shutdown later this month.
Jan 07, 2024 9:17 PM EST
SEC Approval of US Spot Bitcoin ETFs Possible Next Week After 13 Companies Submitted Applications
Discover the latest developments in the cryptocurrency landscape as 13 companies await SEC approval for U.S. spot Bitcoin ETFs. Here's what you need to know.
Jan 06, 2024 4:00 AM EST
Top High-Yield Dividend Stocks in 2024 Poised to Generate $10,000 in Annual Passive Income
Discover a robust investment strategy designed for financial success and stability with this potential of 4 high-yield dividend stocks for 2024.
Jan 06, 2024 3:43 AM EST
National Debt Drowns in Record $34 Trillion, Congress Squabbles Over Lifeline
With the gross national debt of the federal government at above $34 trillion, it is a record level that portends political and economic obstacles to improving America's balance sheet in the years to come.
Jan 04, 2024 9:46 AM EST
SpaceX Blasts Critics into Unemployment, But Labor Agency Says It's Illegal
A U.S. labor agency accused rocket and satellite manufacturer SpaceX on Wednesday of forcibly terminating eight workers for distributing a letter denouncing founder and CEO Elon Musk as a "distraction and embarrassment."
Jan 04, 2024 5:46 AM EST
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