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Key Findings Policymakers on both the left and right have brought industrial policy back into focus after slow growth over the past few decades and growing concern over the state of America’s manufacturing sector. In the context of the tax code, industrial policy usually comes in the form of non-neutral subsidies for specific industries or…
A look into Apple’s rumoured move into the crypto space.
In this article VOW3-DE VWA’-BE David Gray | Reuters Volkswagen recalled 246,000 Atlas and Atlas Cross Sport SUVs in the U.S. and Canada because of a wiring issue that could cause problems with the airbags, windows and brakes of the cars. Damage to the wiring of the cars could result in airbags deploying “later than…
In this article JOAN BA MRNA X GME FDX Check out the companies making headlines before the bell: FedEx (FDX) – FedEx earned an adjusted $4.59 per share for its latest quarter, missing estimates by 5 cents, though the delivery service’s revenue beat analyst forecasts. FedEx’s bottom line was impacted by worker shortages stemming from…
Erin M. Collins Source: Erin M. Collins If you’re one of the millions of Americans grappling with IRS issues, you may not realize there’s another option for your unresolved problems. The Taxpayer Advocate Service, known as TAS, is an independent organization within the agency, providing one-on-one guidance and fighting for systemic changes. Erin Collins, the…
A driver uses a fast-charging station for electric in the cell phone lot at John F. Kennedy (JFK) airport on April 02, 2021 in New York City. Spencer Platt | Getty Images It has been true for years: Mile for mile, it’s cheaper — generally much cheaper — to recharge an electric vehicle than it…
In this article HOOD UBER SNAP ROKU Traders work on the floor of the New York Stock Exchange. Lucas Jackson | Reuters Tech companies are looking to issue new stock and cash perks as slumping share prices weigh on employees’ wallets and morale. Robinhood, Snap, Roku and Uber are among those offering more equity grants…
In this article BBBY Shoppers exit a Bed Bath & Beyond store in New York. Michael Nagle | Bloomberg | Getty Images Company: Bed Bath & Beyond (BBBY) Business: Bed Bath & Beyond runs a chain of retail stores. It operates through two segments, North American Retail and Institutional Sales. The company sells a range…
In this article TRU EXPN-GB EFX A medical worker walks past a row of ambulances parked outside of Houston Methodist Hospital amid the global outbreak of the coronavirus disease (COVID-19). in Houston, Texas, U.S., June 22, 2020. Callaghan O’Hare | Reuters A large number of U.S. consumers will have their medical debt wiped from their…
You’ve heard about writing off your internet bill as a business expense — but can it also count as an education expense? We cover the answer to this question and many more. As virtual learning becomes more prevalent after the pandemic, many students and parents are wondering if there are any new tax benefits for…
Loading chart… Hims & Hers Health Inc: “Hims & Hers lose money … I’m not recommending stocks that are losing a lot of money.” Loading chart… Two Harbors Investment Corp: “I’m not going there. We’ve seen a lot of companies like that. … I’m not playing.” Loading chart… Shell Midstream Partners LP: “[Enterprise Product Partners],…
In this article X GME FDX TSLA MRNA RENT WING MDB GRMN JOAN Shoppers wait for a GameStop store to open on at the Tysons Corner Center, in Tysons, Virginia, November 27, 2020. Hannah McKay | Reuters Check out the companies making headlines in midday trading Friday. GameStop — Shares of the video game retailer…