Cigarette Taxes and Cigarette Smuggling by State, 2022 Skip to content Table of Contents Key Findings Excessive 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 services, goods, and activities. rates on cigarettes induce substantial black and gray
Month: November 2024
In this article JWN Follow your favorite stocksCREATE FREE ACCOUNT A sign marks the location of a Nordstrom store in a shopping mall on March 20, 2024 in Chicago, Illinois. Scott Olson | Getty Images Nordstrom on Tuesday beat Wall Street’s quarterly sales expectations, as revenue grew about 4% year over year from shoppers buying
In this article WDAY Follow your favorite stocksCREATE FREE ACCOUNT Workday CEO Carl Eschenbach walks to a morning session at the Allen & Company Sun Valley Conference in Sun Valley, Idaho, on July 14, 2023. Kevin Dietsch | Getty Images Workday shares slipped as much as 8% in extended trading on Tuesday after the human
Federal Reserve officials expressed confidence that inflation is easing and the labor market is strong, allowing for further interest rate cuts albeit at a gradual pace, according to minutes from the November meeting released Tuesday. The meeting summary contained multiple statements indicating that officials are comfortable with the pace of inflation, even though by most
Brandon Bell | Getty Images News | Getty Images As Inauguration Day nears, investors are trying to unravel what booms or busts lay ahead under President-elect Donald Trump. Trump’s campaign promises — from tariffs to mass deportations, tax cuts and deregulation — and his picks to lead federal agencies suggest both risks and rewards for
Mixetto | E+ | Getty Images As year-end approaches, you may be eyeing a donation to charity — and certain gifting strategies can boost your tax break, experts say. In 2023, U.S. charitable giving hit $557.16 billion, up roughly 2% compared to 2022, according to Indiana University Lilly Family School of Philanthropy’s annual report released
Blackcat | E+ | Getty Images It’s no secret that homeowners often have higher net-worth than renters. But while renters face unique affordability challenges, there are still steps they can take to improve their financial standing. In 2022, the typical renter in the U.S. had a median net worth of $10,400, according to a new
If Form 1099-SA showed up in your mailbox or inbox this year, don’t let it scare you. In this guide, we’ll break down what a 1099-SA form is, why you got it, and what you need to do next. By the end, you’ll know exactly how to report it on your income tax return and
In this article DKS Follow your favorite stocksCREATE FREE ACCOUNT The Dick’s Sporting Goods logo is displayed on the floor of a store on September 04, 2024 in Daly City, California. Justin Sullivan | Getty Images Dick’s Sporting Goods raised its full-year guidance on Tuesday after what CEO Lauren Hobart called an “excellent” back-to-school shopping
In this article ANF Follow your favorite stocksCREATE FREE ACCOUNT An Abercrombie & Fitch store stands in midtown Manhattan on October 24, 2024 in New York City. Spencer Platt | Getty Images Abercrombie & Fitch isn’t giving up its crown any time soon. The apparel company issued strong holiday guidance on Tuesday after posting its
A Banco BPM SpA bank branch in Milan, Italy, on Friday, Nov. 15, 2024. Bloomberg | Bloomberg | Getty Images Italian lender Banco BPM on Tuesday said the unexpected takeover offer by domestic rival UniCredit does not reflect its profitability. The 10 billion-euro ($10.52 billion) bid presented by UniCredit on Monday was not previously agreed
In this article KSS Follow your favorite stocksCREATE FREE ACCOUNT Incoming Kohl’s CEO Ashley Buchanan and current CEO Tom Kingsbury. Courtesy: Michael’s | Kohl’s Kohl’s is getting a new CEO, its third since 2018. The off-mall department store’s current CEO Tom Kingsbury is stepping down effective Jan. 15. He will leave the position he held
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