New Glass-Steagall Bill is "Trying to Go Back to the Future": Sen. Angus King
Daily Ticker's Aaron Task talks with Sen. Angus King (I-ME) about the 21st Century Glass-Steagall Bill
Daily Ticker's Aaron Task talks with Sen. Angus King (I-ME) about the 21st Century Glass-Steagall Bill
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.
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
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.
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.
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.
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.
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
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
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.
Shares in Alterity Therapeutics soared after the biotech firm disclosed promising new clinical trial data for its Parkinson's disease treatment.
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."
Some Midwestern and Northeastern housing markets will likely see growth in 2024 in healthcare and manufacturing, Realtor.com says.
Investors need to pay close attention to Affirm Holdings (AFRM) stock based on the movements in the options market lately.
Retirees will be paying more for Medicare Part D drug coverage in 2024. Here's why.
Virgin Galactic stock saw its biggest drop since June after founder Richard Branson said he won't be giving the company any more money.
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.
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...
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.
The concert film outperformed competitors on its opening weekend but couldn’t match the box office of Taylor Swift’s film debut.