South Dakota’s Initiated Measure 28 Undermines Sales Tax Rate Reductions

Taxes
South Dakota Grocery Tax Exemption: Initiated Measure 28 (IM-28) Skip to content Home • Blog • South Dakota’s Initiated Measure 28 Undermines Sales Tax Rate Reductions South Dakota’s Initiated Measure 28 proposes something popular, common, and, particularly in South Dakota’s context, misguided. The measure, which attempts to exempt groceries from the sales taxA sales tax
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‘The choice of the people’: How Modelo and Corona maker Constellation Brands won the loyalty of Hispanic consumers in the U.S.

Investing
In this article STZ ABI-BE Follow your favorite stocksCREATE FREE ACCOUNT Packages of Modelo Especial beer are displayed for sale in a grocery store on June 14, 2023 in Los Angeles, California.  Mario Tama | Getty Images Modelo cans have become part of the fabric of events for Rio Riojas’ family and community in Lansing,
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Investors face delays moving certain assets from TreasuryDirect

Personal finance
Peopleimages | Istock | Getty Images As investors revisit bonds amid falling interest rates, some are encountering longer waits to transfer certain assets purchased via TreasuryDirect, a platform run by the U.S. Department of the Treasury.   TreasuryDirect, which sells government-backed assets, experienced a surge in demand in recent years as investors flooded into Series I
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We’re adding a new Bullpen stock, and it’s a financial Cramer has had his eye on

Earnings
Jim Cramer has been considering a potential investment in BlackRock, the world’s largest asset manager, and we’re now adding it to our Bullpen stocks-to-watch list. The news BlackRock shares surged to a record high Friday after the firm posted third-quarter earnings that crushed analysts’ expectations, yet again. Management also announced that assets under management reached
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Chinese finance minister hints at increasing the deficit at highly anticipated briefing

Finance
Lan Fo’an, China’s finance minister, center, speaks as Zheng Shanjie, chairman of the National Development and Reform Commission (NDRC), left, and Pan Gongsheng, governor of the People’s Bank of China (PBOC), listen during a news conference on the sidelines of the National People’s Congress in Beijing, China, on Wednesday, March 6, 2024. Bloomberg | Bloomberg
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Working moms are still more likely to handle child care. It costs them $20,000 a year in lost wages, reports show

Personal finance
Women in their mid-30s to mid-40s make up about 46% of total employment, which means they are slightly less likely to work than men that age, according to a recent analysis by the Federal Reserve. Their employment rate is also slightly lower than women in their early 20s. “This smaller share reflects the fact that,
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Beer Taxes in Europe, 2024

Taxes
Changes from Last Year Estonia increased its excise duty on beer from €12.70 to €13.34 per hectoliter per alcohol content in January 2024, amounting to €0.01 more per drink. Finland decreased its excise duty on beer from €38.05 to €36.20 per hectoliter in January 2024, amounting to €0.03 less per drink. France increased its excise
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We’re hiking our Wells Fargo price target after the stock surged on earnings

Earnings
Wells Fargo extended its recent winning streak to six straight sessions Friday despite missed expectations on third-quarter revenue. Investors focused instead on the bank running leaner and generating better-than-expected profitability. Total revenue for the three months ended Sept. 30 fell 2.4% versus last year, to $20.37 billion, missing analysts’ expectations of $20.42 billion, according to
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