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. Auction sales during Monterey Car Week fell 3% from last year, as a shift from older to newer cars left a pileup of
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Federal Reserve Chairman Jerome Powell. Andrew Harnik | Getty Images Federal Reserve chair Jerome Powell on Friday gave the clearest indication yet that the central bank is likely to start cutting interest rates, which are currently at their highest level in two decades. If a rate cut comes in September, as experts expect, it would
In this article DHI LEN PHM Follow your favorite stocksCREATE FREE ACCOUNT Shareholder returns for top homebuilders D.R. Horton and Lennar outpaced the wider S&P 500 between August 2014 and August 2024. Analysts downgraded the investment outlook of both companies this summer. However, some investors remain optimistic about the industry’s prospects for performance. Stock Chart
Pillar Two Unintended Consequences | Tax Foundation Europe Skip to content Home • Blog • Pillar Two’s Unintended Consequences The OECD’s Pillar Two aims to establish a global minimum taxA tax is a mandatory payment or charge collected by local, state, and national governments from individuals or businesses to cover the costs of general government
In this article PFE MRNA Follow your favorite stocksCREATE FREE ACCOUNT Pfizer COVID-19 vaccine. Courtesy: Pfizer The Food and Drug Administration on Thursday approved updated Covid vaccines from Pfizer and Moderna, putting the new shots on track to reach most Americans in the coming days amid a summer surge of the virus. The jabs target
In this article CAVA Follow your favorite stocksCREATE FREE ACCOUNT Customers arrive at a Cava restaurant in New York City on June 22, 2023. Brendan Mcdermid | Reuters Cava on Thursday raised its full-year outlook as its restaurants reported strong traffic, fueling better-than-expected quarterly earnings and revenue. Shares of the company rose 7% in extended
In this article GM BILL WDAY INTU ROST UBER CAVA Follow your favorite stocksCREATE FREE ACCOUNT Customers arrive at a Cava restaurant in New York City, U.S., June 22, 2023. Brendan Mcdermid | Reuters Check out the companies making headlines after the bell: Cava Group — The fast-casual restaurant brand saw shares climb nearly 6%
Monica Muñoz, top, and Denise Denning place black encapsulation material on solar panels at Elin Energys solar panel manufacturing facility on Thursday, April 25, 2024 in Brookshire. Brett Coomer | Hearst Newspapers | Getty Images The Inflation Reduction Act has sparked a manufacturing boom across the U.S., mobilizing tens of billions of dollars of investment,
Stephen Swintek | DigitalVision | Getty Images As families try to offset the increasing cost of college education, many have turned to 529 college savings plans as a strategy. These accounts let families set aside money toward college expenses while taking advantage of tax breaks and compound interest, according to certified financial planner Preston D.
Aire Images | Moment | Getty Images Retirees may have income from Social Security, a pension, a retirement plan or other sources — and they typically must either withhold taxes or make quarterly payments to avoid IRS penalties. For 2024, the quarterly estimated tax deadlines are April 15, June 17, Sept. 16 and Jan. 15,
A sign is posted in front of a home for sale on August 07, 2024 in San Rafael, California. Justin Sullivan | Getty Images Closed sales of previously owned homes rose 1.3% in July compared with June to a seasonally adjusted, annualized rate of 3.95 million units, according to the National Association of Realtors. That
In this article PARA Follow your favorite stocksCREATE FREE ACCOUNT Edgar Bronfman, Jr. Cameron Costa | CNBC The future of Paramount Global is still uncertain. Paramount’s special committee on Wednesday said it would extend by 15 days an agreed-upon “go shop” period of its merger agreement with Skydance as it reviews a competing offer from