The IRS has announced higher federal income tax brackets and standard deductions for 2025. Here’s what taxpayers need to know.
Category: Top Stories
Paul Tudor Jones says market reckoning coming after election on spending: ‘We are going to be broke’
Hedge fund manager Paul Tudor Jones told CNBC that government spending could cause a major sell-off in the bond market.
Former Abercrombie CEO Mike Jeffries arrested in sex trafficking case
Former Abercrombie CEO Mike Jeffries was arrested and faces sex trafficking-related charges brought by federal prosecutors in New York, NBC News reported.
IMF says global fight against inflation is ‘almost won’ but warns of rising risks
The IMF projects global headline inflation to fall to 3.5% by the end of 2025.
Peloton partners with Costco to sell Bike+ as it looks to reach young, wealthy customers
Peloton has been working to grow sales and stem its losses and has had to work harder to accomplish both of those goals as customer […]
GM raises 2024 earnings guidance after easily topping Wall Street’s third-quarter expectations
GM’s quarterly report comes just two weeks after an investor day in which the company indicated its earnings strength is expected to continue into next […]
Stocks making the biggest moves premarket: Cheesecake Factory, Sherwin-Williams, 3M and more
These are the stocks posting the largest moves in premarket trading.
Walmart will start delivering prescriptions to customers’ doorsteps as CVS and Walgreens struggle
Walmart will start delivering medications in six states, but plans to offer prescription delivery in nearly every state by the end of January.
MLS attendance and sponsorship revenue hit regular season records
Major League Soccer saw growth in regular season attendance and sponsorship revenue after implementing a new performance team. Lionel Messi helped, too.
Citi upgrades First Solar, says shares will benefit regardless of U.S. presidential election outcome
The bank lifted its rating to buy from neutral on the solar stock.