Itemized Deductions vs. Above-the-Line Deductions

You probably know that claiming income tax deductions reduces your taxable income. But did you know that not all deductions are created equal? Maybe you’ve heard the term “above the line” thrown around in tax conversations. Above-the-line deductions are actually adjustments to your taxable income — they are subtracted from your income before your adjusted…

‘Black Adam’ tallies $67 million in domestic debut, first film opening since July to top $50 million

In this article WBD Follow your favorite stocksCREATE FREE ACCOUNT Dwayne Johnson is Black Adam in Warner Bros.’ newest DC film “Black Adam.” Warner Bros. “Black Adam” stormed into theaters this weekend, snaring $67 million domestically. It is the first film since Disney and Marvel Studio’s “Thor: Love and Thunder” in July to tally more…

The major space players and diverging strategies in the race to connect your smartphone via satellites

Sofia Pitt, CNBC The race to provide high-speed internet from satellites is well underway – but another, more ambitious competition, to connect directly from space to devices like smartphones, began in earnest earlier this year. The potential untapped market — which hinges on, but extends beyond, sending a text via space — is spurring a…

Andreessen Horowitz-backed startup takes on mass producing spacecraft

Co-founders Max Benassi, left, and Ian Cinnamon Apex Space A pair of heavy-hitter startup founders is turning their attention to what they see as a key bottleneck in the space industry, and has already won backing from high-profile venture capital. Los Angeles-based Apex Space, led by co-founders Ian Cinnamon and Max Benassi, wants to better…

‘Star Wars’ movie in development from ‘Watchmen’ showrunner and ‘Ms. Marvel’ director, reports say

In this article DIS Follow your favorite stocksCREATE FREE ACCOUNT (L-R) Regina King, Damon Lindelof attend Premiere Of HBO’s “Watchmen” at The Cinerama Dome on October 14, 2019 in Los Angeles, California. Leon Bennett | Wireimage | Getty Images A new “Star Wars” movie is under development with a pair of buzzy names already attached,…

Walmart overhauls its intimates and sleepwear line to keep pace in a competitive market

In this article WMT Follow your favorite stocksCREATE FREE ACCOUNT Walmart has rolled out Joyspun, a new intimates and sleepwear line. It will replace one of its most popular apparel brands, Secret Treasures. Walmart Walmart is overhauling one of its most popular apparel lines — its top intimates and sleepwear brand. The discounter has begun…

Beyond Meat is rolling out its steak substitute in grocery stores

In this article BYND Follow your favorite stocksCREATE FREE ACCOUNT Beyond Steak Source: Beyond Meat Beyond Meat is launching a steak substitute in grocery stores on Monday. The new product will roll out nationwide at more than 5,000 Kroger and Walmart stores, as well as Albertsons, Ahold Delhaize, Jewel-Osco, Sprouts and other local grocers. The…

Stocks making the biggest moves premarket: American Express, Verizon, Snap and others

In this article CSX SNAP VZ AXP Follow your favorite stocksCREATE FREE ACCOUNT Check out the companies making headlines before the bell: American Express (AXP) – The financial services company reported a quarterly profit of $2.47 per share, 6 cents above estimates, with revenue also topping Wall Street forecasts. American Express also raised its full-year…

JPMorgan president says a recession may be price to pay to beat inflation, market bottom not in yet

In this article JPM Follow your favorite stocksCREATE FREE ACCOUNT Daniel Pinto, co-president and chief operating officer of JPMorgan Chase & Co., speaks during the Institute of International Finance (IIF) annual membership meeting in Washington, D.C., Oct. 18, 2019. Al Drago | Bloomberg | Getty Images JPMorgan Chase President Daniel Pinto has vivid memories of…

Binance is ‘narrowing down’ identity of hacker behind $570 million crypto attack, CEO says

Cryptocurrency exchange Binance is getting closer to figuring out the identity of a hacker that orchestrated a $570 million hack on its BNB blockchain, CEO Changpeng Zhao told CNBC Monday. After getting some tips from law enforcement on who the hacker might be, Binance is now “narrowing down” the person or persons behind the attack,…

Stocks making the biggest moves in the premarket: Tesla, WeWork, Alibaba and more

Take a look at some of the biggest movers in the premarket: Tesla (TSLA) – Tesla fell 2.5% in the premarket after cutting Model 3 and Model Y prices in China by up to 9%. The price cuts come amid signs of softening demand in China. Chinese EV makers are also seeing their shares under…

U.S.-listed Chinese stocks drop 20% after Beijing’s power reshuffle makes the market ‘uninvestable’

In this article PGJ Follow your favorite stocksCREATE FREE ACCOUNT More and more Asian companies have announced share buybacks in recent weeks. Chinese internet giant Alibaba has said it will increase its share buyback program from $15 billion to $25 billion. Sheldon Cooper, SOPA Images | LightRocket | Getty Images Shares of Chinese companies listed…