In this article VOW3-DE JPM The JP Morgan Chase & Co. headquarters, The JP Morgan Chase Tower in Park Avenue, Midtown, Manhattan, New York. Tim Clayton – Corbis | Corbis Sport | Getty Images JPMorgan said Wednesday it plans to buy a majority stake of close to 75% in Volkswagen’s payments business. The U.S. banking
Tim Robbins | Getty Images The U.S. is one of the few industrialized countries without a national paid family leave policy. Democratic lawmakers are expected to get a long-awaited chance to address that when budget reconciliation legislation comes up on Capitol Hill this month. Now, a new survey from the Bipartisan Policy Center and Morning
September may historically be a rough month for stocks, but it didn’t stop National Securities’ Art Hogan from hiking his S&P 500 year-end target by 7%. He made the bullish move based on a strong second quarter earnings season and the notion Covid-19 delta variant cases are likely peaking. “September gives us a chance to
C-suites are urging on the side of caution again as billionaires look to sell.
Pilots talk as they look at the tail of an American Airlines aircraft. Mike Stone | Reuters The labor union that represents American Airlines‘ pilots said Tuesday that it is making plans to picket at the carrier’s major hubs this fall to protest overscheduling, fatigue and a lack of hotels for crews over the summer.
WOODSIDE, CALIF. — On the same day that former Theranos CEO Elizabeth Holmes was granted a delay in her criminal fraud trial due to a pregnancy, her partner was issued a traffic citation. William “Billy” Evans received a citation on March 17 for “failure to display license place,” according to San Mateo County court records.
Westend61 | Westend61 | Getty Images Recent upticks in inflation have renewed interest from investors in assets that may help preserve the real (inflation-adjusted) value and purchasing power of their portfolio. The good news is that the typical investor’s portfolio will likely contain all the inflation-fighting tools that they need — such as stocks and
U.S. Senate Finance Committee Chairman Ron Wyden, D-Ore., questions IRS Commissioner Charles P. Rettig at a June 8, 2021 Senate Finance Committee hearing. Tom Williams | Pool | Reuters Congressional Democrats are floating a slew of taxes to help cover their $3.5 trillion budget plan, including new levies on the wealthy. Senate Finance Committee Chairman
Phil Roeder Congressional Democrats are considering reforms to the 20% pass-through tax deduction as part of a $3.5 trillion federal spending package. Democrats’ proposal would phase out the tax break for business owners with taxable income exceeding $400,000, according to a discussion list obtained by CNBC. It would also make the tax cut available to
In this article PPG MRK SPOT MTCH Mario Tama | Getty Images News | Getty Images Check out the companies making headlines in midday trading. Spotify — The streaming company saw shares rise 2.8% after KeyBanc upgraded Spotify to overweight from sector weight. The firm said in a note to clients that the company was
President Biden has proposed increases to corporate taxes as part of the fiscal year 2022 budget proposal. Using Tax Foundation data on how these tax proposals would impact each congressional district, we isolate the corporate changes to see which districts would have the largest change in tax liability over the next ten years if the
Westend61 Forty-eight percent of renters worry they won’t be able to buy a home during their lifetimes, according to a new Lending Tree survey. That concern is largest among renters in Generation X (41 to 55 years old) and millennials (25 to 40 years old). To that point, 55% of Gen X renters and 52%