Doug Langley clears the combine harvester’s head from weed before he starts harvesting, during the wheat harvest in Shelbyville, Kentucky, June 29, 2021. Amira Karaoud | Reuters Many rural Americans may have stronger finances than urban dwellers, but their wealth may lack diversification, jeopardizing a more secure retirement. That’s according to a report from the
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In many countries, investment income, such as dividends and capital gains, is taxed at a different rate than wage income. Today’s map focuses on how capital gains are taxed, showing how capital gains tax rates differ across European OECD countries. When a person realizes a capital gain—that is, sells an asset for a profit—they face
This year’s state legislative sessions have been characterized by a focus on tax policy, with five states already enacting significant individual or corporate income tax reform. Lawmakers in Georgia aren’t interested in being left behind. While HB 1437 was previously a placeholder bill, the sponsors have now shared their plan to consolidate Georgia’s six individual
Getty Images Interest rates are almost undoubtedly going up this month, for the first time in three years. The Federal Reserve is expected to raise its benchmark interest rate by 0.25% next week to curb inflation, which is running at a 40-year high. Additional hikes are likely later this year. American households will feel that
A single family home is shown for sale in Encinitas, California. Mike Blake | Reuters After rising steadily for months, mortgage rates made a U-turn last week, and borrowers jumped to take advantage. The crisis in Ukraine rattled financial markets and caused a run on the relatively safer bond market. Yields fell and mortgage rates
A look at some high growth stocks that aren’t part of FAANG.
In this article GM PCG’A General Motors on Tuesday announced a pilot program with Pacific Gas and Electric Co. in California that would make its electric vehicles capable of powering a home in the event of a power outage or grid failure. “This is really significant because it’s another benefit of owning an electric vehicle,”
In this article DKS Signage outside a Dick’s Sporting Goods Inc. store in Clarksville, Indiana, on Monday, Nov. 9, 2020. Luke Sharrett | Bloomberg | Getty Images Dick’s Sporting Goods on Tuesday reported profits and sales growth in its holiday quarter that topped analysts’ estimates, as the company laps massive gains from the prior year
BEIJING — American businesses in China no longer expect relations between the two countries to improve from the tensions of the Trump administration, according to a business association survey. After President Joe Biden was elected in late 2020, there was a spike in optimism among businesses, with 45% of respondents expecting better U.S.-China relations, the
Her virtual tours around Kyiv normally attract between 30 and 100 people. But more than 1,800 tuned in to Olga Dudakova’s livestreamed tours in Ukraine following the Russian invasion. The first tour was scheduled with only a few hours’ notice, she said. “It was totally unprepared,” she said. “I didn’t have a plan …
In this article LC As daily life gets more expensive, workers are having a harder time making ends meet. While wage growth is high by historical standards, it isn’t keeping up with the increased cost of living, which is growing at the fastest annual pace in about four decades. “Wages are up 5.1% over the past year,
To succeed as an entrepreneur, having a playbook for how to scale your business and process feedback is key, according to Zuleyka Strasner, founder and CEO of Zero Grocery, a plastic-free online grocery store that operates in San Francisco and Los Angeles. “Starting a company, scaling a company is exceptionally hard,” Strasner said. “I was