Did you receive an ‘inflation check’ last year? IRS is now deciding if your state’s one-time payment is taxable.
The direct payments that a number of states authorized for residents last year, while inflation raged, are presenting new questions ...
Tag: Corporate/Industrial News
McCarthy pushes Biden on debt limit: ‘Mr. President, it’s time to get to work’
House Speaker Kevin McCarthy on Monday reiterated his call for President Joe Biden to negotiate with Republican lawmakers over potential ...
41% of Americans say they’re worse off financially under Biden, highest percentage for any president in 37 years
The Big Number: Forty-one percent of Americans say they’ve become worse off financially since President Joe Biden took office a little ...
Indian regulator said it’s placing extra surveillance measures after more than $100 billion in Adani Group losses
India’s stock market regulator over the weekend said it devote extra attention to surveillance after the sell-off in Adani Group ...
Ex-staffer claims Rep. George Santos sexually harassed him
A short-term staffer for George Santos claims he was sexually harassed by the disgraced Long Island representative, who allegedly touched ...
The stock-market rally survived a confusing week. Here’s what comes next.
Despite a Friday stumble, stocks ended a turbulent week with another round of solid gains, keeping 2023’s young but robust ...
Jurors in Elon Musk trial over Tesla tweets hear closing statements
SAN FRANCISCO—Lawyers made closing statements in federal court over Elon Musk‘s 2018 tweets proposing to take Tesla Inc. TSLA, +0.91% private, capping a three-week ...
Tesla, GM to see more EVs eligible for tax credits under new U.S. rules
More electric vehicles made by Tesla Inc., General Motors Co. and other auto makers will be eligible for tax credits ...
‘Wow,’ says Fed’s Daly after killer jobs report, but it doesn’t alter Fed’s inflation-fighting plan
The president of the San Francisco Fed said the huge increase in new U.S. jobs in January made for a ...
Dow’s 50-point fall led by losses in shares of Home Depot, Honeywell
Behind declines for shares of Home Depot and Honeywell, the Dow Jones Industrial Average is falling Friday afternoon. Shares of ...
Dow rises as stocks trim losses after blowout U.S. jobs report, disappointing corporate earnings
The Dow Jones Industrial Average shook off early weakness, while the S&P 500 index and Nasdaq Composite traded above session ...
Jobs report shows blowout 517,000 gain in U.S. employment in January
The numbers: The number of new jobs created in January rose by 517,000 to mark the biggest gain in six ...
Jobs report ‘ends U.S. recession fears’: Economists react to huge gain in employment
The January jobs report on Friday showed the U.S. economy gained 517,000 jobs last month, with the unemployment rate falling ...
High mortgage rates: the one reason it’s so hard for the Fed to shed trillions of dollars in housing debt
The Federal Reserve fired off a smaller interest rate increase on Wednesday, while hinting it might soon be toning down ...
U.S. jobless claims drop to nine-month low of 183,000 even as more firms announce layoffs
The numbers: The number of Americans who applied for unemployment benefits at the end of January fell to a nine-month ...
The Federal Reserve raises interest rates: here’s what that means for the market
U.S. stocks and bonds rallied on Wednesday, much to the chagrin of traders who had ramped up bearish bets on ...
‘It seems everyone is bracing for a recession’: U.S. factories contract for third month in a row, ISM finds
The numbers: A key barometer of American factories contracted for the third month in a row to 47.4% and touched the ...
Largest U.S. wage increases were in highest-paying sectors in fourth quarter, government data show
The biggest increase in employer-paid wages in the last quarter of 2022 — a pay raise of 1.6% — was ...
Oil prices on track for January loss
Oil futures traded on a mixed note Tuesday, with U.S. prices set for a third-straight monthly decline ahead of this ...
U.S. employment costs rise more slowly, but still too fast for Fed comfort
The numbers: The U.S. employment cost index rose more slowly at the end of 2022 for the third quarter in ...
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U.S. egg shortage breeds chicken-feed conspiracies
Social media users claim to have found a new culprit for sky-high egg prices: chicken feed. The theory gained steam...
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EDITOR'S PICK
Johnson & Johnson stock falls Thursday, underperforms market
Shares of Johnson & Johnson JNJ, -0.37% sank 0.37% to $168.89 Thursday, on what proved to be an all-around great...
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