Month: April 2024

IRS Commissioner Danny Werfel testifies during the Senate Finance Committee hearing on the fiscal 2024 IRS budget and the IRS’ 2023 filing season, in the Dirksen Building in Washington, D.C., on April 19, 2023. Tom Williams | CQ-Roll Call, Inc. | Getty Images This season, more than 140,000 taxpayers successfully filed returns using IRS Direct
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In this article BA AAL Follow your favorite stocksCREATE FREE ACCOUNT Boeing 787-9 Dreamliner, from American Airlines company, taking off from Barcelona airport, in Barcelona on 24th February 2023.  JanValls | Nurphoto | Getty Images American Airlines on Friday said Boeing’s 787 Dreamliner delivery delays are forcing it to cut some long-haul flights in the
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Microsoft delivered picture-perfect earnings after the bell Thursday, calming the market’s brief fears about runaway spending on AI infrastructure without the cloud revenues to show for it. Revenue increased about 17% year over year, to $61.86 billion, beating the Street consensus estimate of $60.8 billion, according to data from LSEG. Earnings per share (EPS) increased
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Westend61 | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. The wealth gap between rich millennials and the rest of their age group is the largest of any generation,
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In this article ZG Follow your favorite stocksCREATE FREE ACCOUNT While the spring housing market has been plagued with low supply, high prices and spiking interest rates, would-be homebuyers are focusing on new construction.  The reason? New homes have more incentives and availability than previously owned ones. “There’s more opportunity in new construction,” said Nicole
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South Pointe Beach in Miami Beach, Florida. Greg Iacurci MIAMI — Daniel Habibian worries about climate change.  His clothing boutique in Miami Beach’s iconic South Beach neighborhood sits just a few blocks inland from the Atlantic Ocean.  Rising seas threaten to swallow much of the Miami metro area in the coming decades as the world
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In this article GOOGL Follow your favorite stocksCREATE FREE ACCOUNT Sundar Pichai, CEO, Alphabet Source: Google Alphabet shares rallied in extended trading on Thursday after the company reported results that topped analysts’ estimates, showed soaring profits in its cloud division and announced its first dividend. The after-hours jump lifted Alphabet’s market cap past $2 trillion.
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ARK Invest is betting big on private tech companies. “It’s an amazing time to invest in innovation,” the firm’s chief futurist, Brett Winton, told CNBC’s “ETF Edge” this week. “Both venture exposures and public innovation companies are incredibly well valued today to take a long-term investment.”  Winton worked with the ARK Invest team to create
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Patchareeporn Sakoolchai | Moment | Getty Images BlackRock, the largest asset manager, has launched a new product to help workers access their retirement savings through a regular income stream that mimics a paycheck they receive during their working years. Experts say that while the new choice could be helpful, its success will be defined by
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In this article PARA Follow your favorite stocksCREATE FREE ACCOUNT Paramount Global and Skydance Media are making progress on a deal that would merge the media companies and buy out controlling shareholder Shari Redstone, according to people familiar with the matter. Paramount Global’s special committee, in charge of accepting or rejecting transactions, and David Ellison’s
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In this article MSFT Follow your favorite stocksCREATE FREE ACCOUNT Microsoft shares rose as much as 5% in extended trading on Thursday after the software maker issued fiscal third-quarter results that outdid Wall Street’s expectations. Here’s how the company did in comparison with the consensus from LSEG:  Earnings per share: $2.94 vs. $2.82 expected Revenue:
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