In this article ASML-NL Follow your favorite stocksCREATE FREE ACCOUNT Dutch chip equipment maker ASML forecast a jump in 2023 revenue as the semiconductor industry predicts there will be a reacceleration of growth in the second half of this year. ASML is one of the world’s most important companies in the chip supply chain. It
Month: January 2023
BlockFi logo displayed on a phone screen and representation of cryptocurrencies are seen in this illustration photo taken in Krakow, Poland on November 14, 2022. Jakub Porzycki | Nurphoto | Getty Images Bankrupt crypto lender BlockFi had over $1.2 billion in assets tied up with Sam Bankman-Fried’s FTX and Alameda Research, according to financials that
In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT In the face of inflation, rising interest rates and slowing economic growth, there’s more competition than ever for consumers’ cash — and even how their purchases are made. Now, several of the large banks behind Zelle are teaming up to create their own digital wallet in a bid to
Key Findings Forty-four states levy a corporate income tax. Rates range from 2.5 percent in North Carolina to 11.5 percent in New Jersey. Four states—Alaska, Illinois, Minnesota, and New Jersey—levy top marginal corporate income tax rates of 9 percent or higher. Eleven states—Arizona, Colorado, Indiana, Kentucky, Mississippi, Missouri, North Carolina, North Dakota, Oklahoma, South Carolina,
Bitcoin is rallying off another short squeeze, but how sustainable is it? #Crypto #Blockchain #Digital Assets #Investing #Trading #Economy #Interest Rates #BTC
In this article FOXA NWSA Follow your favorite stocksCREATE FREE ACCOUNT Rupert Murdoch, chairman of News Corp and co-chairman of 21st Century Fox, arrives at the Sun Valley Resort of the annual Allen & Company Sun Valley Conference, July 10, 2018 in Sun Valley, Idaho. Drew Angerer | Getty Images Rupert Murdoch has withdrawn his
JPMorgan’s Marko Kolanovic is abstaining from the early 2023 rally. Instead, the Institutional Investor hall-of-famer is bracing for a 10% or more correction in the first half of this year, telling investors he’s “outright negative” on the market. related investing news S&P 500 bumps up against bear-market trend line that has thwarted it in the
Bill Gates spends a lot of his time sounding the alarm over existential global threats, like climate change and future pandemics. Yet the billionaire Microsoft co-founder and philanthropist says he’s still “very optimistic” about humanity’s future on Earth. Even with challenges facing current and future generations, Gates says anyone born in the next few decades
Drakula & Co. | Moment | Getty Images Tax season officially kicked off for individual filers on Jan. 23. This year’s tax deadline is April 18 for most filers. Although the IRS expects to start the filing season stronger, taxpayer service improvements may take time as the agency hires and trains more workers. In the
Source: Getty Images Rising credit interest rates have made it even more expensive to carry debts. But a proposal in Congress that would cap rates on consumer loans at 36% may not be an effective way of curbing those higher costs of borrowing, according to new research from the Urban Institute’s Financial Well-Being Data Hub.
New York Governor Kathy Hochul (D) has her sights trained on tobacco. Earlier this month, she proposed increasing the New York cigarette tax rate by $1.00 a pack and extending New York’s existing flavored vaping ban to all other flavored tobacco products. If enacted, these policies would fuel black markets and create a fiscal hole for
In this article WMT Follow your favorite stocksCREATE FREE ACCOUNT An employee arranges beauty product gift boxes displayed for sale at a Wal-Mart Stores Inc. location in Los Angeles, California. Patrick T. Fallon | Bloomberg | Getty Images Walmart said Tuesday it is raising its minimum wage for store employees to $14 an hour, representing
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