Stocks making the biggest moves midday: HP, Constellation Brands, CDK Global and more

A man passes a Hewlett Packard display at a technology conference Jim Young | Reuters Check out the companies making headlines in midday trading. HP — Warren Buffett’s Berkshire Hathaway became the largest shareholder in the computer hardware company, sending shares up 16.4%. Berkshire Hathaway bought nearly 121 million shares, or about an 11% stake…

Ketanji Brown Jackson’s 1-word advice for young people: ‘Persevere’

The newest member of the U.S. Supreme Court a one-word piece of advice for young people hoping to make an impact with their careers: Persevere. On Thursday, the Senate confirmed Ketanji Brown Jackson’s nomination to the Supreme Court by a vote of 53 to 47, making her the first Black woman ever nominated and appointed…

Crypto trading platform eToro launches $20 million NFT fund as industry approaches inflection point

Physical artwork for a Bored Ape NFT on display at a cryptocurrency exchange in Hong Kong. Paul Yeung | Bloomberg | Getty Images Trading platform eToro unveiled a $20 million fund to purchase NFTs and bolster creators. The firm announced the launch at the Bass Contemporary Art Museum in Miami Thursday. The trading platform’s fund…

Here’s who should consider filing a tax extension and how to do it

mediaphotos | E+ | Getty Images If you still haven’t filed your taxes, you’re not alone. But if you’re worried about the April 18 deadline, it may be time to consider an extension, financial experts say. Nearly one-third of Americans don’t file until the last minute, according to a report from IPX 1031, with many…

Here are the signs the job market is hot for workers

A “Now Hiring” advertisement in a store window in Bay Shore, New York, on March 24, 2022. Steve Pfost/Newsday RM via Getty Images Claims for unemployment insurance last week fell to their lowest level in more than 50 years — yet another sign workers are reaping the benefits of a hot labor market. Americans filed…

State and Local Tax Burdens, Calendar Year 2022

Table of Contents Key Findings In calendar year 2022, state-local tax burdens are estimated at 11.2 percent of national product. Taxpayers remit taxes to both their home state and to other states, and about 20 percent of state tax revenue comes from nonresidents. Our tax burdens analysis accounts for this tax exporting. New Yorkers faced…

GM expects record year of Chevy Bolt EV sales following fire recall

2022 BOLT EUV Source: Chevrolet DETROIT – General Motors expects sales of its electric Chevrolet Bolt models can rebound from a high-profile recall after several vehicles caught fire to achieve record results in 2022. “We see record numbers of sales and production for ’22, and we see ’23 being bigger than ’22. We are bullish…

Levi Strauss earnings top estimates as shoppers buy at higher prices, denim retailer reaffirms 2022 outlook

In this article LEVI An employee holds a shopping bag while ringing up a customer at the Levi Strauss & Co. flagship store in San Francisco, March 18, 2019. David Paul Morris | Bloomberg | Getty Images Denim retailer Levi Strauss & Co. on Tuesday reported fiscal first-quarter earnings and revenue that topped analysts’ estimates…

Stocks making the biggest moves midday: JetBlue, Eli Lilly, Occidental Petroleum and more

In this article LLY JBLU TWTR A JetBlue passenger jet (Embraer 190) taxis at LaGuardia Airport in New York, New York. Robert Alexander | Archive Photos | Getty Images Check out the companies making headlines in midday trading Wednesday. JetBlue — Shares of JetBlue fell another 7.6% on Wednesday, as investors weighed the airline’s $3.6…

Here’s why people are still flipping out on airliners

Incidents involving unruly passengers in the United States are decreasing. But the good news may end there. On average, there were about 500 reports of unruly passengers per month in 2021, according to the U.S. Federal Aviation Administration. In the first three months of 2022, this number fell to about 350 reports per month, according…

Op-ed: Will high inflation hurt stock returns in the long run? Not really

Jackstar | Image Source | Getty Images With inflation exceeding 7% for the first time in 40 years and the recent inversion of the so-called yield curve, many investors are left wondering whether they should change their investment strategy. I don’t blame them. If we look at the data, it is clear that U.S. stocks…

Biden extends payment pause on federal student loans until September

The Biden administration has grappled with ending the pause on student loan payments as the economy’s recovery from pandemic lows continues. Supachok Pichetkul / Eyeem | Eyeem | Getty Images President Joe Biden announced Wednesday another extension of the payment pause on federal student loans, this time until September. This is the sixth prolongment of…