Police have arrested two climate activists who threw mashed potatoes at a Claude Monet painting in a museum in Germany to protest fossil fuel production, a stunt which caused no damage to the art. The...
Tag: Politics
Why investors are fleeing Chinese assets as Xi tightens grip on power
China’s top leader, Xi Jinping, secured a groundbreaking third leadership term on Sunday and introduced a new Politburo Standing Committee stacked with loyalists in a clean sweep not seen since the er...
Yellen warns of ‘dangerous and volatile environment’ as she pledges to bolster Treasury market
““We’ve experienced energy shocks, food shocks, supply shocks, persistent inflation in many countries around the world, rising interests rates in many parts of the world and we have seen some financia...
Alibaba, Tencent, Other Chinese Stocks Are in Free Fall. It’s About Xi Jinping.
Shares in Chinese companies were plunging Monday as markets reacted to the consolidation of power by President Xi Jinping, after he was confirmed to a historic third term as leader of the world’s seco...
This hedge fund manager who made winning bets in 2020, says investors should brace for a decades-long bear market
On the heels of last week’s bullish turn for stocks, the setup is looking slightly less positive for Monday. Hong Kong stocks may be affecting the mood with a giant slump after China’s leader cemented...
Financial Advisor Pleads Guilty to Fraud After Airport Arrest
A Massachusetts investment advisor has pleaded guilty to multiple counts of fraud and other charges after a failed attempt to flee the country while he was awaiting trial. Steven Xigoros, of Lowell, M...
IRS releases new federal tax brackets and standard deductions. Here’s how they affect your family’s tax bill.
America’s high inflation rate will produce a 7% increase in the size of the standard deduction when workers file their taxes on their 2023 income, according to new inflation adjustments from the Inter...
As Politics Take A Back Seat Momentarily, The Rare India-Pakistan Match Will Stop The Cricket World
Rohit Sharma (C) of India and Babar Azam (C) of Pakistan pose ahead of the T20 World Cup. (Photo by … [+] Martin Keep- ICC/ICC via Getty Images) ICC via Getty Images Indicative of the magnetic p...
Do you have problems with the IRS — or does the IRS have a problem with you? Read this before you act.
How do you deal with a problem like the Internal Revenue Service? And how do you deal with your own tax problems as they pertain to the IRS? To be clear, I’m not talking about major problems like righ...
IRS sets new 401(k) limits — investors can save a lot more money in 2023
People can contribute up to $22,500 in 401(k) accounts and $6,500 in IRAs in 2023, the IRS said Friday. For 401(k)s, that’s an almost 10% increase from 2022’s contribution limit of $20,500. For IRAs, ...
CDC is discussing using oral polio vaccine for first time in 20 years to stop New York outbreak
The Centers for Disease Control and Prevention is considering using the oral polio vaccine for the first time in more than 20 years to stop an outbreak in the greater New York City metropolitan area t...
Potential Of Peak Shale Puts Oil Market On Edge
ODESSA, TEXAS: An oil pumpjack setup pulls oil from the Permian Basin oil field on March 13, 2022 in … [+] Odessa, Texas. United States President Joe Biden imposed a ban on Russian oil, the worl...
New IRS tax brackets and standard deduction could save families hundreds or even thousands of dollars. Now, for the bad news.
In a time of rising costs, the Internal Revenue Service just raised income-tax brackets through new inflation adjustments for next year. It might feel tough sometimes to link the IRS with the concept ...
U.K. Markets Cheer After Liz Truss Resigns. Stocks, Bonds, and the Pound Gain.
British investors cheered the resignation of Prime Minister Liz Truss, whose recent budget plans disrupted markets and prompted intervention by the Bank of England. Stocks, bonds, and the pound crept ...
Opinion: Don’t have $13 million? The lifetime estate- and gift-tax exemptions for 2023 still matter to you.
The wealthiest families in the U.S. will get a bit of inflation-adjusted relief from the IRS in 2023, with the lifetime estate-tax exemption increasing to $12.9 million for individuals, up from $12.06...
TeraWatt announces first interstate EV charging network for trucks
TeraWatt site Courtesy: TeraWatt San Francisco startup TeraWatt Infrastructure on Thursday announced it’s developing the first network of electric vehicle-charging centers for heavy-duty and med...
CDC to protect access to free Covid vaccines for uninsured kids
A child is administered a dose of the Pfizer-BioNTech coronavirus disease (COVID-19) pediatric vaccine. Mayela Lopez | Reuters The Centers for Disease Control and Prevention took a major step Wednesda...
Biden administration awards $2.8 billion in grants for electric vehicle battery manufacturing
Workers marry the body structure with the battery pack and the front and rear sub frames as they assemble electric vehicles at the Lucid Motors plant in Casa Grande, Arizona, September 28, 2021. Caitl...
Biden’s EV tax credit rules deal ‘astronomical’ blow to business
DETROIT – The Biden administration’s elimination of tax credits for imported electric vehicles deals a massive blow to Hyundai Motor’s business, an executive for the automaker said Wednesd...
Biden awards $2.8 billion for electric vehicle battery manufacturing
U.S. President Joe Biden delivers remarks to highlight electric vehicle manufacturing in America, during a visit to the Detroit Auto Show, September 14, 2022. Kevin Lamarque | Reuters The Biden admini...
Millions could lose health insurance when Covid emergency ends
Secretary of Health and Human Services Xavier Becerra testifies before the Senate Health, Education, Labor, and Pensions Committee hearing to discuss reopening schools during the coronavirus disease (...
Why pickleball has NBA’s LeBron James and NFL’s Tom Brady investing
Pickleball is the fastest-growing sport in America, with over 4.8 million people playing the game. However, its rapid growth has caused some growing pains, stemming from competing professional leagues...
Flooding in Nigeria kills more than 600 people, officials say
Flood water breaks a river bank and overflows into a settlement in Lokoja, Nigeria October 13, 2022. Afolabi Sotunde | Reuters More than 600 people have died and more than 1.3 million have been displ...
Kanye West agrees to buy Parler, company says
Kanye West arrives at the Vanity Fair Oscar Party on Feb. 9, 2020, in Beverly Hills, Calif. Evan Agostini | Invision | AP Kanye West, the superstar rapper who has made several inflammatory and antisem...
White House Covid czar calls on seniors to get omicron booster now
White House COVID-19 response coordinator Ashish Jha addresses the daily press briefing at the White House in Washington, U.S. July 25, 2022. Jonathan Ernst | Reuters A top White House health official...
‘Emily the Criminal’ director Ford takes on student loan crisis
Emily the Criminal Courtesy: John Patton Ford In the new film “Emily the Criminal,” the title character, played by actress Aubrey Plaza, is almost always in a state of fear. There are mome...
Alibaba and Other China Stocks Jump as President Xi Reassures on Tech
Shares in U.S.-listed Chinese companies were moving higher Monday as investors smiled on comments from a high-profile speech by President Xi Jinping that was supportive of the country’s technology sec...
The top 25 market events of the last 25 years
On an October morning 25 years ago, MarketWatch started providing real-time news and market data to the general public on the internet. Individuals were fleeing their stockbrokers for new online platf...
Opinion: Liz Truss is out — why that might be good for your 401(k)
The British pound rose on the news that Liz Truss was standing down. (It’s now the best performing currency of the last month, if you can believe). The interest rate on British government bonds fell. ...