Month: February 2022

The United States Capitol is seen framed with a canopy of trees from Fort Stanton Park on in Washington, D.C. The Washington Post | The Washington Post | Getty Images The Covid-19 pandemic caused unexpected financial shocks for many Americans, particularly low-income service workers who were at higher risk of losing their jobs. The emergency
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Today’s map looks at a barrier to state tax competitiveness in a time of increasing mobility: capital stock taxes. Unlike corporate income taxes, which are levied on a business’s net income (or profit), capital stock taxes are imposed on a business’s net worth (or accumulated wealth). As such, the tax tends to penalize investment and requires businesses
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People evacuated from the self-proclaimed Donetsk People’s Republic walk toward the Russian Emergency Ministry camp in the village of Veselo-Voznesenka on the Azov Sea coast, on February 19, 2022. Andrey Borodulin | Afp | Getty Images As the crisis in Ukraine unfolds, neighboring countries are closely monitoring the fallout. Nations across the globe have imposed
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Jay Chaudry, founder and chief executive officer of Zscaler Inc. David Paul Morris | Bloomberg | Getty Images Cybersecurity software maker Zscaler saw its stock fall as much as 18% on Thursday after the company issued quarterly earnings guidance that was slightly less than analysts had predicted. The move more than erased a 10% gain
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The world’s leading private equity firm suggests the U.S. the ultimate safe haven play. According to Blackstone’s Joseph Zidle, it’s largely insulated from the Russia-Ukraine war fallout. “The U.S. is an island of growth,” the firm’s chief investment strategist told CNBC’s “Fast Money” on Thursday. “The U.S. is one of the only major economies in
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Valeriy_G | iStock | Getty Images Married couples have the choice to file taxes jointly or separately every season. While filing together generally pays off, splitting returns may be better in some scenarios, financial experts say. Married filing separately involves two individual returns, each reporting their own income, deductions and credits. And the tax code
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Klaus Vedfelt | DigitalVision | Getty Images Students who start college in the U.K. next year could still be repaying student loans into their sixties, under new plans announced by the British government on Thursday. The U.K. government announced a number of reforms into university financing on Thursday, which included extending the student loan repayment
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