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    Taxpayers will get higher standard deductions in 2025, IRS announces

    by skolnes October 22, 2024
    October 22, 2024

    NEW YORK (AP) — U.S. taxpayers will again see higher standard deductions for 2025, allowing them to shield more of their money from taxation on future returns. The Internal Revenue …

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    GM beats on Q3 earnings, raises profit forecast for 3rd time this year

    by skolnes October 22, 2024
    October 22, 2024

    General Motors (GM) gave investors something to cheer early Tuesday morning after the automaker raised its guidance for a third time this year, in addition to easily beating third quarter …

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    Dow, Nasdaq, S&P 500 slide as Treasury yields hit highest level since July

    by skolnes October 22, 2024
    October 22, 2024

    US stocks retreated on Tuesday as investors digested a recent bond-market selloff and braced for the next wave of earnings reports. The S&P 500 (^GSPC) dropped more than 0.5%. The …

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    I’m Earning $275k This Year. Can I Use a Backdoor Roth Strategy to Reduce Taxes?

    by skolnes October 22, 2024
    October 22, 2024

    SmartAsset and Yahoo Finance LLC may earn commission or revenue through links in the content below. If you’re making $275,000 a year, you can’t contribute to a Roth IRA due …

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    Verizon’s flexible 5G plans boost wireless subscriber additions

    by skolnes October 22, 2024
    October 22, 2024

    (Reuters) -Verizon (VZ) added more wireless subscribers than expected in the third quarter as the US telecom giant’s promotional offers and plans that bundle 5G with streaming services such as …

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    The case for a ‘Magnificent 7’ resurgence: Morning Brief

    by skolnes October 22, 2024
    October 22, 2024

    This is The Takeaway from today’s Morning Brief, which you can sign up to receive in your inbox every morning along with: The broadening of the stock market rally has …

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    Billionaire Jeff Yass Sold 73% of Susquehanna’s Stake in Nvidia and Is Piling Into This Beloved Artificial Intelligence (AI) Stock Instead

    by skolnes October 22, 2024
    October 22, 2024

    Earnings season is officially kicking into high gear. Over the span of roughly six weeks, a majority of America’s most-important publicly traded companies will spill the beans to Wall Street …

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    These Are the 5 Most Shorted Stocks in the S&P 500 Index. The Bears Are Wrong About 1 of Them.

    by skolnes October 22, 2024
    October 22, 2024

    With the S&P 500 now up more than 23% this year, some investors are eyeing individual names in the broader benchmark index that look overvalued and might be at risk …

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    Analysis-Investors flee thematic ETFs as stock benchmarks soar

    by skolnes October 22, 2024
    October 22, 2024

    By Suzanne McGee (Reuters) – Investors are leaving exchange-traded funds tied to specific themes, such as artificial intelligence and video gaming, as they flock to funds linked to broad stock-market …

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    Bonds Are Selling Off Everywhere as Traders Rethink Fed Pathway

    by skolnes October 22, 2024
    October 22, 2024

    (Bloomberg) — Bonds from Australia to Japan are falling as investors mull prospects of slower US interest-rate cuts, a trend that risks upending debt positions everywhere. Most Read from Bloomberg …

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