Month: April 2023

Japan wants travelers to go beyond the country’s iconic tourist sites — and consider spending their yen in lesser-known locations. The government-backed Japan Tourism Agency selected 11 destinations as part of a “model tourism” project to get “high-value-added” inbound travelers to visit different parts of the country, according to a press release. The 11 destinations
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Last week, the U.S. Treasury surprised almost no one by concluding in Revenue Ruling 2023-02 that IRC section 1014’s basis step-up does not apply to irrevocable grantor trusts that are not included in the grantor’s estate. So, what is notable about a revenue ruling to which maybe 100 people paid attention? Well, less than a
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In this article BAC Follow your favorite stocksCREATE FREE ACCOUNT Bank of America‘s customers are spending freely on dining, entertainment and other experiences, which in turn supports U.S. employment, CEO Brian Moynihan told CNBC’s Becky Quick. The bank’s customers boosted spending by 8% in the first three months of this year compared with the year-earlier
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In this article UAL Follow your favorite stocksCREATE FREE ACCOUNT A United Airlines Boeing 777-200 lands at San Francisco International Airport, San Francisco, California. Louis Nastro | Reuters United Airlines is planning to grow its service to Australia and New Zealand later this year, the carrier’s latest bet that travelers will continue to book international
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In this article JNJ Follow your favorite stocksCREATE FREE ACCOUNT Artur Widak | NurPhoto | Getty Images Johnson & Johnson reported adjusted earnings and revenue that topped Wall Street’s expectations on Tuesday, and lifted its full-year forecast. J&J, whose financial results are considered a bellwether for many health companies, said its first-quarter sales grew 5.6% over
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The U.S. government wastes billions of taxpayer dollars every year. Improper payments, which refer to payments that are made incorrectly by the government, cost the U.S. $247 billion in 2022, according to the Government Accountability Office. The U.S. government has lost almost $2.4 trillion in simple payment errors over the last two decades, by GAO
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Earth Day will be celebrated this year on Saturday, and it brings some good news for environmental advocates: Homeowners are starting to prioritize sustainability in their new construction and renovation projects, as observed in the latest American Society of Interior Designers report, published in February. For many years, this aspiration frequently gave way to budget
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Western companies were quick to shutter operations in Russia after the country’s military invasion of Ukraine last February. But U.S. and European microelectronic tech continues to power the Kremlin’s war. Key components from more than a dozen Western countries have been found in the military equipment used by Russian forces in Ukraine, according to research
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In this article GS Follow your favorite stocksCREATE FREE ACCOUNT David Solomon, chief executive officer of Goldman Sachs Group Inc., during a Bloomberg Television at the Goldman Sachs Financial Services Conference in New York, US, on Tuesday, Dec. 6, 2022.  Michael Nagle | Bloomberg | Getty Images Goldman Sachs is scheduled to report first-quarter earnings
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At 24 years old, Jalen Hurts has become the highest paid player in National Football League history, the Philadelphia Eagles announced on Monday. The quarterback signed a five-year extension contract with the Eagles for $255 million. He’ll be paid $51 million yearly, according to ESPN. That makes it the biggest contract in terms of average
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In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT A person walks out of the Apple Store in Annapolis, Maryland, on February 2, 2023. Jim Watson | AFP | Getty Images As the Federal Reserve continues to hike interest rates, some online banks have been jockeying to offer the highest yields on savings. Now,
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