Rich Americans can pay less to Uncle Sam by taking loans to pay estate tax to using trusts to donate to charity.Johnny Greig The wealthiest taxpayers have many tools at their disposal to pay less to U...
Category: Finance
Live Finance News Updates.
COVID-19 vaccine maker Novavax to chop workforce, expenses
Novavax is cutting about a quarter of its workforce as the COVID-19 vaccine maker seeks to slash expenses while dealing with uncertain future revenue. The company said Tuesday that it expects to trim ...
SAVE Stock Marked its 52-week Low; Drops Almost 3% this Monday
Spirit Airlines (NYSE: SAVE) stock analysis shows that it followed a bearish trend and marked its 52-week low at $15.77. This airline stock almost lost investors’ confidence due to its not-so-good pri...
Looming Recession For Small Businesses? Optimism Index Hits 10-Year Low
Topline As stubbornly high inflation and a tight labor market weighed on sales and earnings, small business sentiment plummeted to the lowest level in a decade last month—a worrying sign that Main Str...
US Deficit Jumps by $700 Billion – Trustnodes
The United States government has spent almost $1 trillion more than it has taken in income for just the past seven months of the 2023 fiscal year which starts in October. The Congressional Budget Offi...
8fig Raises $140M to Propel Ecommerce SMBs During Economic Turmoil
The company, which developed a combined model for funding and management, has channeled over $500 million into ecommerce businesses to date. AUSTIN, Texas, May 9, 2023 — 8fig, the continuous funding a...
PacWest Resumes Slide as Battered Regional Bank Stocks Fall
(Bloomberg) — PacWest Bancorp shares fell on Tuesday, leading some peers lower in early trading as the hard-hit regional bank stock resumed its decline. Most Read from Bloomberg The stock droppe...
‘Winds Of Winter’ Trends After George R.R. Martin Tweets About Writers Strike
George R. R. Martin. (Photo by Axelle/Bauer-Griffin/FilmMagic) FilmMagic George R.R. Martin, author of A Song of Ice and Fire, is one of the cool celebrities who supports the WGA strike in Hollywood r...
Markets brace for debt default as deadline looms
A debt-ceiling crisis is the latest cloud hovering over investors who are already digesting banking turmoil and recession fears. The 2023 edition of the debt-ceiling debate is likely to weigh on marke...
Donald Trump Says CNN Town Hall ‘Could Turn Into A Disaster For All’
MILWAUKEE, WI – MARCH 29: Republican Presidential candidate Donald Trump enters the stage as he … [+] takes part in a town hall event moderated by Anderson Cooper March 29, 2016 in Milwauk...
Nikola to pause truck production after posting bigger quarterly loss
(Reuters) – Nikola Corp on Tuesday reported a bigger quarterly loss and said it would pause production to streamline the assembly line at its Coolidge, Arizona factory amid sluggish demand for i...
California Pizza Kitchen: Bouncing Back From Bankruptcy
California Pizza Kitchen is out of bankruptcy, expanding overseas, and hoping to get back on the … [+] path to profitability. Pictures is its location in Sawgrass Mills in Sunrise, Fl. Courtesy ...
EVgo Sales Grow Almost 230%. The Stock Drops Anyway.
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Fox CEO Claims $787.5 Million Dominion Settlement Was Merely A ‘Business Decision’ As Profits Tank
Topline Fox Corporation disclosed an eight-figure loss in its hotly anticipated quarterly earnings release Tuesday morning, revealing just how deep the recent costly wounds from its news division cut,...
S&P 500: 16 Stocks Run Circles Around Warren Buffett Over The Long Haul
Warren Buffett held court again this year at Berkshire Hathaway‘s (BRKB) annual shareholder meeting. But it looks like his company could learn a thing or two from some other S&P 500 companie...
Cleveland Guardians’ Farm System Not Quite Ready To Provide An Offensive Jolt
GOODYEAR, ARIZONA – FEBRUARY 23: George Valera #76 of the Cleveland Guardians poses for a photo … [+] during media day at Goodyear Ballpark on February 23, 2023 in Goodyear, Arizona. (Phot...
How Disney’s and DeSantis’ dueling lawsuits might play out
WILMINGTON, Delaware, May 9 (Reuters) – Walt Disney Co and Florida Governor Ron DeSantis have been embroiled in an increasingly bitter dispute, starting when the company criticized a Florida law...
Why Adidas $770 Million Yeezy Problem Isn’t Going Away
BARCELONA, CATALONIA, SPAIN – 2019/06/07: A seller shows off the new Adidas Yeezy Boost 350 shoe … [+] model at the reseller store. The German manufacturer of sports shoes Adidas has launc...
Novavax (NVAX) Q1 earnings report 2023
A health worker prepares a dose of the Novavax vaccine as the Dutch Health Service Organization starts with the Novavax vaccination program on March 21, 2022 in The Hague, Netherlands. Patrick Van Kat...
D.R. Horton, Inc. (DHI) Stock Forecasts
Summary We don’t often see stock-market polls from fellow technicians, but invitees at an event celebrating the 50th anniversary of the Chartered Market Technicians Association in NYC were asked...
WAX introduces its Unity3D SDK
When developers incorporate Web3 technology into their own created games with the effective utilization of Unity3D SDK for WAX, they are able to make use of the sheer strength of the WAX platform. Thi...
GM hires ex-Apple exec Mike Abbott to lead new software unit
A sign with the General Motors quality mission statement stands in the lobby at the GM Warren Tech Center in Warren, Michigan. Rebecca Cook | Reuters DETROIT – General Motors has hired former Apple ex...
‘Growing Belushi’ Co-Star On Cannabis Biz, Legalization And Growing Weed
PIctured (left to right): Chris Karakosta and Jim Belushi Tyler Maddox Since its 2020 debut on the Discovery Channel, Growing Belushi, a reality TV show starring performer Jim Belushi and his cannabis...
CME Group Inc. (CME) Stock Forecasts
Summary CME Group is a futures and derivatives exchange and clearing company. It operates exchanges such as the Chicago Mercantile Exchange (CME), the Chicago Board of Trade (CBOT), the New York Merca...
Ryanair places Boeing plane order for at least 150 of largest 737 Max
A Ryanair Boeing 737 MAX 8 aircraft as seen flying, landing and taxiing at Eindhoven Airport EIN. Nicolas Economou | Nurphoto | Getty Images Ryanair said it plans to buy at least 150 Boeing 737 10 Max...
Turkey And Iran Are Commissioning Unique Drone Carriers
Turkey and Iran have made significant headway in developing so-called drone carriers. In addition to this, both countries maintain they are capable of building aircraft carriers down the road. On Apr....
Top CD Rates Today, May 8
Note that the “top rates” quoted here are the highest nationally available rates Investopedia has identified in its daily rate research on hundreds of banks and credit unions. This is much...
Chinese man arrested for using ChatGPT to write news – Cryptopolitan
In a groundbreaking case involving artificial intelligence (AI), a man in China has been arrested for allegedly using ChatGPT to fabricate a fake news article about a train crash that claimed nine liv...
Revolutionizing cloud mining with GBitcoins.net
The global cryptocurrency market has undergone remarkable transformations in recent years, gaining recognition and acceptance worldwide. One of the key drivers of this growth is the mining process, wh...
Nikola (NKLA) earnings Q1 2023
Nikola Motor Company Source: Nikola Motor Company Electric heavy truck maker Nikola said that it’s “refocusing the company on North America” as it exited a European joint venture wit...
Most Consumers Use This Retail Channel. Most Retailers Ignore It.
Being able to cancel easily helps a lot getty New privacy regulations and changes made by Google GOOG , Apple AAPL and others are making it harder than ever for retailers to access the information the...
A 10%-Yielding Portfolio You’ll Want To Own Forever
Hand putting Coins in glass jar with retro alarm clock for time to money saving for retirement … [+] concept getty Let’s say we want to quit working and attain financial freedom—not in decades, ...