New Glass-Steagall Bill is "Trying to Go Back to the Future": Sen. Angus King

The Wall Street Journal
One Supreme Court Case Could Mess Up Chunks of the Tax Code
WASHINGTON—A case that could punch holes in the federal tax code heads to the Supreme Court on Tuesday. The court will hear arguments in Moore v. U.S., which challenges a piece of the 2017 tax law that imposed a one-time levy on profits that companies had accumulated outside the U.S. But its implications could reach much further, providing the justices an opportunity to define what Congress can tax under the Constitution—and what it can’t. Charles and Kathleen Moore argue that when the law passed, they hadn’t realized income from their investment in an India-based company and thus couldn’t be taxed.
1d ago
SmartAsset
Forget About ‘Timing the Market': Schwab Research Reveals the Optimal Way to Invest
Can investors realistically time the market to maximize returns, especially over the long term? According to a recent study from Charles Schwab, perfect market timing is practically impossible. The firm’s research showed that most investors are better off investing as soon as possible using a buy-and-hold strategy rather than trying to predict short-term peaks and […] The post Forget About ‘Timing the Market’: Schwab Research Reveals the Optimal Way to Invest appeared first on SmartReads by Smar
1d ago
Barrons.com
Palantir Stock Has Soared This Year. This Issue Could Stop Its Run.
Palantir Technologies shares have soared on excitement for artificial intelligence. But one worry could limit the analytics-software firm’s future gains, according to William Blair analysts.
2h ago
SmartAsset
I Want to Convert $500k in My 401(k) to a Roth IRA. How Do I Avoid Paying Taxes?
You can't avoid taxes when making a Roth IRA conversion, but there are strategies to reduce your tax burden if the circumstances are right. When you convert money from a pre-tax account, such as a 401(k) or an IRA, to a post-tax Roth IRA, you must pay income taxes on the full value of the […] The post I Want to Convert $500k in My 401(k) to a Roth IRA. How Do I Avoid Paying Taxes? appeared first on SmartReads by SmartAsset.
5h ago
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Disney Will Pay You To Buy Its Stock Now — But You Can Do Better
Disney is famous for extracting top dollar from its fans' pockets. But now, the S&P 500 company is looking to give money to its shareholders.
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SmartAsset
Ask an Advisor: I'm 67 with $750K in a 401(k). How Can I Preserve This Money for the Rest of My Life?
I am in a quandary about how to invest $750,000 that’s in my 401(k). I'm 67 years old, retired and I have not started taking Social Security yet. What is the best way to preserve this money for the rest of my life that doesn't have high fees? -Terry As you know, the big challenge […] The post Ask an Advisor: I’m 67 with $750K in a 401(k). How Can I Preserve This Money for the Rest of My Life? appeared first on SmartReads by SmartAsset.
1d ago
Benzinga
Jeff Bezos Says He Doesn't Think About Amazon's Daily Stock Price — 'When The Stock Is Down 30% In A Month, It's Not Going To Feel So Good To Feel 30% Dumber.'
In 2018, former Amazon.com Inc. Founder and CEO Jeff Bezos expressed a distinctive view on stock market dynamics and company growth. Despite Amazon’s fluctuating stock prices, Bezos insisted, “I don't spend any time thinking about the daily stock price; I don't.” He elaborated on his philosophy during an interview at the Economic Club of Washington, D.C., saying, “At almost every all-hands meeting I say: ‘Look, when the stock is up 30% in a month, don't feel 30% smarter. Because when the stock i
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TipRanks
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A key to success in the stock market is a touch of foresight. Not quite precognition, but an ability to spot and put together clues and trends, to discern the ‘next big thing’ before it hits. This is true in every stock sector, but today we’ll focus on biotech. The biotech firms have famously high product lead times, paired with equally high overhead expenses; it’s a combination that would make them unlikely investments, except that when a drug is approved, it can turn into a blockbuster. Succes
20h ago
Fox Business
IRS move could carry hefty cost for some taxpayers
The IRS is raising the interest penalty for underpayment of estimated taxes, with taxpayers who are self-employed or work as independent contractors urged to be vigilant.
18h ago
Investor's Business Daily
Biotech Alterity Jumps On Upbeat Parkinson's Treatment Clinical Trial Data
Shares in Alterity Therapeutics soared after the biotech firm disclosed promising new clinical trial data for its Parkinson's disease treatment.
1h ago
Fox Business
Boeing eliminated from Air Force's 'Doomsday Plane' competition
Boeing has been eliminated from the U.S. Air Force's Survivable Airborne Operations Center competition to replace the E-4B Nightwatch with a next-generation "Doomsday plane."
22h ago
Barrons.com
This Ohio City Is Next Year’s Hottest Place to Live
Some Midwestern and Northeastern housing markets will likely see growth in 2024 in healthcare and manufacturing, Realtor.com says.
4h ago
Zacks
Are Options Traders Betting on a Big Move in Affirm Holdings (AFRM) Stock?
Investors need to pay close attention to Affirm Holdings (AFRM) stock based on the movements in the options market lately.
3h ago
Zacks
Company News for Dec 4, 2023
Companies In The Article Are: ULTA, AMWD, IOT, PATH
2h ago
Yahoo Finance
Why retirees may pay 'significant increases' in 2024 Medicare Part D drug premiums
Retirees will be paying more for Medicare Part D drug coverage in 2024. Here's why.
1d ago
Yahoo Finance
Virgin Galactic stock tanks after Richard Branson signals no more investments
Virgin Galactic stock saw its biggest drop since June after founder Richard Branson said he won't be giving the company any more money.
2h ago
Zacks
Alibaba Group Holding Limited (BABA) is Attracting Investor Attention: Here is What You Should Know
Zacks.com users have recently been watching Alibaba (BABA) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
3h ago
News Direct
BestGrowthStocks.Com Issues Comprehensive Analysis of the Recent Hut 8 Mining Corp. Merger
Best Growth Stocks, a leading independent equity research and corporate access firm focused on finding and reporting on the best growth stocks utilizing exclusive ai-assisted research recently issu...
5h ago
Barrons.com
Tesla’s Tax Credit Gets Cut in Half. Ford’s Might Be Safe Under New Rules.
The Energy Department has new guidelines that will determine which electric vehicles qualify for what federal tax credits in years to come. What cars get which tax credits, of course, can move auto stocks—exactly why investors should follow along as the details get hashed out. Foreign entities of concern, or FEOCs, are a part of the infrastructure law designed to limit their participation in domestic battery supply chains, explains the Energy Department.
1h ago
The Wall Street Journal
Beyoncé’s ‘Renaissance’ Tops U.S. Box Office With $21 Million in Sales
The concert film outperformed competitors on its opening weekend but couldn’t match the box office of Taylor Swift’s film debut.
21h ago

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New Glass-Steagall Bill is "Trying to Go Back to the Future": Sen. Angus King

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One Supreme Court Case Could Mess Up Chunks of the Tax Code

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