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.
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.
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.
The COVID-19 pandemic's labor wounds were largely healed by the end of the U.S. economy last year, but policymakers at the Federal Reserve are still stuck waiting for wage and job growth to slow down to a reasonable level.
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.
U.S. chip stocks continued their losing streak on Wednesday, as Wall Street's primary semiconductor benchmark fell from all-time highs after the industry had its best year since 2009, when it recovered from the financial crisis.
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.
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."
Even with attempts to shield commercial vessels from assaults by Iranian-backed Houthi insurgents headquartered in Yemen, there is still a significant risk to international trade in the Red Sea.
Lower gasoline prices could aid individuals in recuperating from excessive holiday spending. Lower gasoline prices could aid individuals in recuperating from excessive holiday spending.
Investors seem to be persuaded that the main Western central banks are about to make the long-awaited shift from rising to lowering interest rates. As a result, markets rose, but as the globe becomes used to an economic system where money is not easily obtained, 2024 may surprise us.
With hope around the potential approval of exchange-traded spot bitcoin funds, the world's largest cryptocurrency, bitcoin, kicked out the New Year with a bang on Tuesday, surging above $45,000 for the first time since April 2022.
The true question, though, is whether the "Magnificent Seven"will continue to dominate the industry in 2024, or may other equities take the lead in 2024?
The market for junk debt is thriving because to investor expectations that the Federal Reserve would begin lowering interest rates. This will also help the lowest-rated corporations in a timely manner and probably cap the default rate in 2024.
New battery sourcing regulations went into effect on Monday, which resulted in the loss of tax credits of up to $7,500 for a number of electric cars, including the Nissan Leaf, Tesla Cybertruck All-Wheel Drive, select Tesla Model 3s, and Chevrolet Blazer EV, the U.S. stated Treasury.
It's difficult to talk about money. It might be even more difficult to discuss money with your children. Do chores and allowance have to be linked? How can you be certain that your child isn't spoilt? How do you handle debt from college? It's never too early or too late to support your child in developing financial responsibility and self-assurance, regardless of their age (4 or 24).
When it comes to choosing a business credit card, American Express offers a range of options tailored to different business needs. Among the notable choices are the Amex Business Gold and Amex Business Platinum cards.
A personal loan might give a lifeline during an emergency or help you manage an outsize bill. To apply for one, you won't need to sell your soul. Rather, you'll have to give permission for a credit check, authenticate your identity, and present evidence of your income.
It may not seem as exciting to review your finances at the beginning of the year as it might be to make other resolutions, like upping your physical or mental activity, eating better, or reducing stress, but it's crucial to keep in mind that your financial wellness and your physical and mental well-being are frequently closely related.
Welcome to "The Best of Money Times 2023," a curated compilation that highlights the most insightful, intriguing, and influential financial news and analyses of the year. In this comprehensive overview, we navigate through the dynamic landscape of global finance, covering a myriad of topics ranging from economic trends and market dynamics to investment strategies and corporate developments.
This week's mortgage rates are down one further, to their lowest point since May. This week's mortgage rates are down one further, to their lowest point since May.
Due to tax-related modifications and inflation, Social Security beneficiaries may see significant changes in 2024 that will affect everything from their monthly income to their tax obligations. In 2024, the monthly top benefit is expected to reach close to $5,000.
When it comes to choosing a restaurant or making a purchase, we are frequently convinced by a series of excellent five-star internet reviews, but can you truly believe them?
