Tesla reports $18.76 billion in revenue and record margins in Q1

In this article TSLA Tesla CEO Elon Musk speaks during the official opening of the new Tesla electric car manufacturing plant on March 22, 2022 near Gruenheide, Germany. Christian Marquardt | Getty Images Electric vehicle maker Tesla is set to deliver a first quarter earnings update after the bell on Wednesday. Here’s what Wall Street…

Stock futures rise as investors digest more earnings reports

In this article UAL Traders on the floor of the NYSE, April 4, 2022. Source: NYSE Stock futures rose in overnight trading as investors digested more quarterly reports from the likes of Tesla and United Airlines. Futures on the Dow Jones Industrial Average added about 80 points, or 0.2%. S&P 500 futures ticked up 0.4%…

Mark Zuckerberg on Sheryl Sandberg’s superpower: ‘It’s just exceptionally rare to find people’ with both ‘IQ and EQ’

According to Meta CEO Mark Zuckerberg, one relationship has “defined the growth” of the social media company: his 14-year partnership with COO Sheryl Sandberg. On a recent episode of “The Tim Ferriss Show” podcast, hosted by tech advisor and self-help author Tim Ferriss, Zuckerberg said that Sandberg’s ability to balance business strategy with professional relationships…

Inflation is taking a big bite from retirees’ pension income

MoMo Productions | DigitalVision | Getty Images Inflation is taking a substantial bite from the income retirees get from pensions. Many pensions periodically increase recipients’ payment amounts by offering a cost-of-living adjustment. But those raises are small relative to the 8.5% annual inflation rate in March, the highest in over 40 years. Some plans, especially…

Supreme Court rejects challenge to SALT limit from New York, New Jersey

Rep. Judy Chu, D-Calif., speaks during a news conference announcing the State and Local Taxes (SALT) Caucus outside the U.S. Capitol. Sarah Silbiger | Bloomberg | Getty Images The U.S. Supreme Court has rejected a challenge from New York and three other states to overturn the $10,000 limit on the federal deduction for state and…

Impact of Presidential/Legislative Elections on French Tax Policy and EU Own Resources

The second round of voting in the French presidential election will be 24 April between incumbent Emmanuel Macron and National Rally candidate Marine Le Pen. Although tax policy has not been a central theme of the campaign due to the war in Ukraine, immigration debates, and cost of living issues, the winner’s policy preferences over…

Dr. Scott Gottlieb: High-quality Covid masks work even if others around you aren’t wearing one

People concerned about getting Covid can still protect themselves by properly wearing masks, like an N95 or KN95, even if nobody else around is, Dr. Scott Gottlieb told CNBC on Wednesday. Gottlieb’s comments come two days after a federal judge in Florida nullified the Biden administration’s Covid mask mandate for public transportation, including airlines. Many mask…

Procter & Gamble tops Wall Street estimates as price hikes counteract higher costs

In this article PG Bottles of Tide detergent, a Procter & Gamble product, are displayed for sale in a pharmacy on July 30, 2020 in Los Angeles, California. Mario Tama | Getty Images Procter & Gamble is expected to report its fiscal third-quarter earnings before the bell. Here’s what Wall Street analysts are expecting, based…

Goldman executive who helped create Marcus brand leaves for real estate investing start-up Cadre

In this article GS Dustin Cohn, chief marketing office of Cadre Source: Cadre Goldman Sachs consumer bank branding chief Dustin Cohn has joined real estate investing start-up Cadre as chief marketing officer, CNBC has learned. The departure of Cohn, who is credited with helping name the firm’s consumer division Marcus in 2016, is the latest…

‘Don’t immediately reach for your checkbook.’ Here’s what to do when relatives ask you for money

Liubomyr Vorona | Istock | Getty Images Money and family – what two subjects bring up more for us? And so when a relative comes to you asking for financial help, and the two are combined, it’s only natural to feel overwhelmed. “Being solicited for money from someone you love can cause discomfort that you…

Here are the sacrifices young adults have made to pay their student loans

Skyrocketing student debt has been devastating for young adults. As the cost of college has risen, more students have had to borrow to help pay for school. Now, recent graduates are delaying some of life’s major milestones because of their loan burdens.  Americans across all generations have made such sacrifices, from saving for retirement to…