vitapix | E+ | Getty Images Planning to sell some investments this year? It’s less likely to affect your 2023 tax bill, experts say. Here’s why: The IRS made dozens of inflation adjustments for 2023, including the long-term capital gains brackets, applying to investments held for more than one year. This means you can have
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In this article COIN Follow your favorite stocksCREATE FREE ACCOUNT U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler, testifies before the Senate Banking, Housing and Urban Affairs Committee during an oversight hearing on Capitol Hill in Washington, September 15, 2022. Evelyn Hockstein | Reuters Securities and Exchange Commission chairman Gary Gensler on Wednesday proposed sweeping
In this article RBLX Follow your favorite stocksCREATE FREE ACCOUNT A man photographs a Roblox banner displayed, to celebrate the company’s IPO, on the front facade of the New York Stock Exchange (NYSE) in New York, March 10, 2021. Brendan McDermid | Reuters Shares of Roblox popped 24% Wednesday after the company reported fourth-quarter earnings that beat
An American Airlines Airbus A319 airplane takes off past the air traffic control tower at Ronald Reagan Washington National Airport in Arlington, Virginia, January 11, 2023 Saul Loeb | AFP | Getty Images Federal Aviation Administration acting Administrator Billy Nolen told a Senate panel Wednesday that new procedures will avoid a repeat of the outage
U.S. Senate Minority Leader Mitch McConnell of Kentucky at the U.S. Capitol Building on Feb. 13, 2023. Anna Moneymaker | Getty Images News | Getty Images Dozens of Republican members of Congress have filed briefs with the U.S. Supreme Court, arguing that the Biden administration’s student loan forgiveness plan should be ruled unlawful. “Congress authorized
Bill Oxford | E+ | Getty Images Tax season is underway, and the IRS has issued nearly 8 million refunds worth about $15.7 billion as of Feb. 3, the agency reported. The average refund amount was $1,963, down from last year’s average payment of $2,201 at the same point in the filing season. Of course,
When I travel, I like to try to experience a city in a local way. So when I stayed in Downtown Vegas — more traditional and less flashy than “The Strip” — I went to yoga classes and coffee shops in residential areas. And when I went to Kerala, India, I chose a homestay in
Wuhan’s GDP grew by 4% in 2022, better than the country overall. Pictured here on Jan. 20, 2023, is the city’s skyline along the Yangtze River. Hector Retamal | Afp | Getty Images BEIJING — China’s economic recovery is off to a modest start. Migrant workers have mostly returned to work after China’s biggest holiday
In this article ABNB Follow your favorite stocksCREATE FREE ACCOUNT Brian Chesky, CEO and Co-founder of Airbnb Mike Segar | Reuters Shares of Airbnb rose about 9% in extended trading Tuesday after the company released fourth-quarter earnings that beat analysts’ estimates on top and bottom lines. Here’s how the company did: EPS: 48 cents vs.
In this article F Follow your favorite stocksCREATE FREE ACCOUNT Ford workers produce the electric F-150 Lightning pickup on Dec. 13, 2022 at the automaker’s Ford Rouge Electric Vehicle Center (REVC). Michael Wayland | CNBC DETROIT – Ford Motor has paused production and shipments of its electric F-150 Lightning pickup due to a potential battery
Jackfruit is the largest tree-borne fruit in the world. It has been called a “miracle” fruit because it provides so many nutrients and calories and is relatively easy and cheap to cultivate. The fruit tastes like a cross between a pear and pineapple when ripe, but more like a potato when immature. Perhaps the most
► Read more at https://on.ft.com/2ES4inG ► Try the Financial Times for 4 weeks for just £1. Start your trial now – http://bit.ly/2ry7Tkz The new government has embarked on a raft of radical reforms since the death of dictator Islam Karimov and western companies now see opportunities for high returns on investment. The FT’s Laurence Fletcher
May 16 (Bloomberg) — Voters in Switzerland may shoot down their country’s $3.5 billion contract to buy 22 Saab Gripen fighters from Sweden. Bloomberg international correspondent Hans Nichols visited the Gripen factory in Linköping to look at how these fighters are made and Saab’s long-term strategy ahead of the Swiss referendum this weekend. — Subscribe
Watch how Hammond’s Candies has been handmaking candy canes for the last 93 years.
While the thought of funding your retirement adequately might be daunting, if you start planning now you’ll certainly be thankful later. Retirement usually entails replacing your former annual salary with other income sources to keep up with your lifestyle. While Social Security may cover part of your budget, the rest of your money will most
Luminola | E+ | Getty Images Talking about money with your romantic partner or spouse can be tough — especially when you don’t understand or know much about how they think about money. A new survey finds that 64% of couples admit to being “financially incompatible” with their partners, with different philosophies about spending, saving,
In this article AMKR CDNS PLTR ANET Follow your favorite stocksCREATE FREE ACCOUNT A customer boards an Avis Budget Group Inc. shuttle bus at the Denver International Airport (DEN) in Denver, Colorado, U.S., on Wednesday, Oct. 28, 2015. Luke Sharrett | Bloomberg | Getty Images Check out the companies making headlines in after-hour trading. Avis
In this article QSR-CA Follow your favorite stocksCREATE FREE ACCOUNT In this photo illustration, a Burger King Whopper hamburger is displayed on April 05, 2022 in San Anselmo, California. A federal lawsuit has been filed and is seeking class-action status alleging that fast food burger chain Burger King is misleading customers with imagery that portrays
In this article KO Follow your favorite stocksCREATE FREE ACCOUNT Nurphoto | Getty Images Coca-Cola on Tuesday reported quarterly revenue that beat analysts’ expectations, driven by higher prices on its drinks. But those higher prices have hurt demand for Coke products like Simply Orange Juice and Fairlife Milk. Coke said its unit case volume, which strips
Fotostorm | E+ | Getty Images The start of 2023 has seen a number of large companies announce deep cuts to their head counts, including Amazon, Dell, Google, Microsoft, PayPal and Zoom. Being laid off can be one of the most disruptive events in a person’s life, setting off a host of financial and existential
Ivan Kyryk | Istock | Getty Images If you got married in 2022, you can add “tax return” to the list of things you’ll now be sharing. For some newlyweds, this is going to mean a bigger tax bill due to a so-called “marriage tax penalty.” It can happen when tax-bracket thresholds, deductions and credits
Rep. Bill Pascrell, D-N.J., speaks at a news conference announcing the state and local taxes caucus outside the Capitol on April 15, 2021. Sarah Silbiger | Bloomberg | Getty Images A group of bipartisan House representatives relaunched the SALT caucus last week, calling for relief from the $10,000 limit on the federal deduction for state
As Wall Street gears up for key inflation data, Wells Fargo Securities’ Michael Schumacher believes one thing is clear: “The Fed is not your friend.” He warns Federal Reserve chair Jerome Powell will likely hold interest rates higher for longer, and it could leave investors on the wrong side of the trade. “You think about
In this article PLTR Follow your favorite stocksCREATE FREE ACCOUNT A banner featuring the logo of Palantir Technologies (PLTR) is seen at the New York Stock Exchange (NYSE) on the day of their initial public offering (IPO) in Manhattan, New York City, U.S., September 30, 2020. Andrew Kelly | Reuters Shares of Palantir popped as
In this article CMCSA DIS Follow your favorite stocksCREATE FREE ACCOUNT Boston Celtics forward Jayson Tatum (0) attempts a basket in front of Golden State Warriors forward Draymond Green (23) in the second half during game three of the 2022 NBA Finals at TD Garden. Kyle Terada | USA Today Sports Cue up John Tesh’s
► Read: ‘China anti-corruption campaign backfires’ at http://on.ft.com/2dWmpdC ► Subscribe to the Financial Times on YouTube: http://bit.ly/FTimeSubs Casino magnate Steve Wynn talks to the FT’s Ben Bland about his new hotel and the state of the gaming industry in the Chinese territory. For more video content from the Financial Times, visit http://www.FT.com/video Twitter https://twitter.com/ftvideo Facebook
Collectively, Americans owe more on credit cards than ever before. Thankfully, 0% balance transfer credit card offers — which are “one of the best weapons Americans have in the battle against credit card debt” — are even more plentiful than they were a year ago, said Matt Schulz, chief credit analyst at LendingTree. Yet 37% of
In this article BUSD.CM= BNB.CM= Follow your favorite stocksCREATE FREE ACCOUNT Chad Cascarilla, CEO of Paxos. Adam Jeffery | CNBC Cryptocurrency firm Paxos will cease issuing new Binance USD, or BUSD, stablecoins under the direction of New York state’s financial regulator, Binance founder Changpeng Zhao said Monday. Paxos’ own stablecoin was not impacted. The New
Arizona Sen. Mark Kelly speaks at the annual Commercial Space Transportation conference on Feb. 9, 2023. Michael Sheetz | CNBC Arizona Sen. Mark Kelly, who flew to space four times over a 15-year career as an astronaut, praised the growth of the space industry and gave a rallying cry for intensified competition. “Some of the
Mark Cuban may be entertained by chatbots like Microsoft-backed ChatGPT and Google’s upcoming Bard — but he isn’t ready to trust them. Online misinformation “is only going to get worse” as artificial intelligence platforms evolve and spread, the billionaire tech entrepreneur and investor said on a recent episode of comedian Jon Stewart’s podcast, “The Problem
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