In this article AMC DIS Follow your favorite stocksCREATE FREE ACCOUNT SAG-AFTRA members and supporters chant outside Paramount Studios on day 118 of their strike against the Hollywood studios on November 8, 2023 in Los Angeles, California. Mario Tama | Getty Images Before the actors’ union reached a labor deal with studios Wednesday night, Disney
In this article SPCE Follow your favorite stocksCREATE FREE ACCOUNT Carrier aircraft VMS Eve releases spacecraft VSS Unity before firing its rocket engine during the Unity 25 spaceflight on May 25, 2023. Virgin Galactic Virgin Galactic plans to pause spaceflight operations next year to focus resources on developing its next-generation Delta-class spacecraft, the company announced
In this article BRK.A Follow your favorite stocksCREATE FREE ACCOUNT Warren Buffett reportedly traded stocks in his personal account that his conglomerate Berkshire Hathaway was buying and selling, a practice that he himself in the past deemed a conflict of interest, according to ProPublica on Thursday. The nonprofit news outlet, citing a leak of confidential
Klaus Vedfelt | Digitalvision | Getty Images Travel was expensive and busy in 2023, leading jetsetters to seek out cheaper, less-trodden alternatives to popular hot spots. It’s a great way to save money on trips heading into 2024, according to experts. This concept — seeking out cheaper duplicates, or “dupes,” of pricey products — was
Ray is 85, widowed, and lonely. He lives alone and has two homes in different states. He goes back and forth between them.Ray’s son and daughter were very alarmed when they found out about their Dad giving personal information and money to scammers. He is diagnosed with dementia, in the earlier stage. He’s also very
Even legislators with a keen interest in protecting the U.S. corporate tax base from profit shifting should probably resist the urge to jump into the middle of Microsoft’s high-profile transfer pricing dispute with the IRS. Microsoft’s recent disclosure that the IRS believes the company paid $28.9 billion less in corporate income taxes than it owed
WeWork was Adam Neumann’s first unicorn. It soared, became a media and investor darling, and attracted a lot of VCs and investors from Benchmark to Goldman Sachs and Softbank. Neumann was able to raise billions of venture capital from the blue bloods of global finance – and mainly because of momentum he was able to
In this article LLY Follow your favorite stocksCREATE FREE ACCOUNT Eli Lilly and Company, Pharmaceutical company headquarters in Alcobendas, Madrid, Spain. Cristina Arias | Cover | Getty Images The Food and Drug Administration on Wednesday approved Eli Lilly‘s blockbuster drug tirzepatide for weight loss, paving the way for even wider use of the treatment in
In this article Follow your favorite stocksCREATE FREE ACCOUNT Arm CEO Rene Haas cheers as Arm holds an initial public offering at the Nasdaq MarketSite in New York on Sept. 14, 2023. Brendan Mcdermid | Reuters Semiconductor technology company Arm reported its first post-initial public offering earnings on Wednesday that beat Wall Street expectations for
Visitors around the Charging Bull statue near the New York Stock Exchange, June 29, 2023. Victor J. Blue | Bloomberg | Getty Images The S&P 500 is up 14% this year, but just eight days that explain most of the gains. If you want a simple indication of why market timing is not an effective
In this article MOIL-SG Follow your favorite stocksCREATE FREE ACCOUNT There are rankings of the best hotels in the world. But a new list, released by the members-only group LTI – Luxury Travel Intelligence, ranks hotel brands rather than individual properties. The ranking analyzes many hotels within a brand in “granular detail,” using more than
Richard Stephen | Istock | Getty Images The clock is ticking for Congress to shore up Social Security benefits. The latest projections from Social Security’s actuaries show the program’s trust funds are due to run out in 2034, at which point 80% of benefits will be payable. If Congress does not act by 2034, the
Share to Facebook Share to Twitter Share to Linkedin American Tower (AMT) and Crown Castle (CCI) are two of the largest real estate investment trusts (REITs) in the United States. They not only compete every day in their businesses, they also compete for potential shareholders. Their stocks are considered close peers. Here is an overview
Introduction Most compensation earned by taxpayers is subject to employment taxes. When it comes to sole proprietors, independent contractors, and partners, employment taxes include those imposed by the Self-Employment Contributions Act (“SECA”). Rates in recent years have reached 15.3 percent of an individual’s “net earnings from self-employment,” a category which generally covers his or her
Over the last four years, landlords of rent stabilized buildings in New York City have faced a number of challenges—onerous new regulations, an eviction moratorium, rent arrears and increased expenses for insurance premiums, taxes and debt. In response, industry leaders have stepped up to advocate for owners by seeking relief in the Supreme Court, New
In this article DIS Follow your favorite stocksCREATE FREE ACCOUNT The worldwide leader in sports still has some juice. ESPN operating income surged 16% from a year ago to $987 million in Disney‘s fiscal fourth quarter — the first time Disney has ever broken out the sports division’s finances. Revenue in the segment grew 1%
In this article A4N1-FF Follow your favorite stocksCREATE FREE ACCOUNT A Polestar 4 electric SUV is on display during the 20th Shanghai International Automobile Industry Exhibition at the National Exhibition and Convention Center (Shanghai) on April 18, 2023 in Shanghai, China. Vcg | Visual China Group | Getty Images Swedish electric vehicle maker Polestar on
The Cleveland Federal Reserve launched a search Wednesday for its new leader, after current President Loretta Mester retires in mid-2024. Often one of the central bank’s bigger proponents for tighter monetary policy, Mester, 65, will reach mandatory retirement as she will have served in her current position for 10 years come June of next year.
Feeling the pressure of inflation and rising interest rates over the past few months, an increasing number of consumers have been making credit card payments 30 days late or more, according to the Federal Reserve Bank of New York’s latest Quarterly Report on Household Debt and Credit. That climbing “credit card delinquencies” rate may trend
Tom Werner | Digitalvision | Getty Images If your partner got down on one knee and asked you to marry them today, would you say yes? What if you found out the ring destined for your finger boasts a lab-grown diamond? The chances of that engagement ring bearing a man-made diamond are higher than you