Tag Archives: Heres

On Friday, three days ahead of tax day for most Americans, President Joe Biden and Vice President Kamala Harris released the completed tax returns from their first year in office. In a notable contrast to former President Donald Trump, Biden has now made 24 years of his tax returns public. Harris has released 18 years of her returns. Biden, 79, filed jointly with his wife Jill, reporting an adjusted gross income of $610,702. The majority of their money came from their salaries. Jill Biden, a… Source link

March’s Consumer Price Index (CPI) report was released by the Bureau of Labor Statistics Tuesday morning, and as expected, it wasn’t pretty. Total inflation increased by 8.5% on an annual basis in March, higher than both consensus estimates of 8.4% as well as February’s showing of 7.9%. Much of the increase was driven by gains in the energy sector, which in turn was fueled by high gasoline prices. “Increases in the indexes for gasoline, shelter, and food were the largest contributors… Source link

The one good thing about a market downturn? You get lots of opportunities to load up on shares at a discount entry point. And who doesn’t like a discount? With the way the markets have performed so far this year, there are stocks in every segment which could potentially offer plenty of rewards. CNBC’s Jim Cramer thinks there are several names in the retail sector which look particularly enticing right now, ones for which the term “beaten-down” readily applies. Some rallied nicely… Source link

Elon Musk.Patrick Pleul/AP Elon Musk just opened Tesla’s Gigafactory in Texas, which will employ 20,000 people. Between Tesla and SpaceX, Musk is the boss of more than 100,000 employees. Here’s a closer look at the unconventional CEO’s approach to management and leadership. With the addition of Tesla’s Gigafactory in Austin, Texas, CEO Elon Musk is bringing an estimated 20,000 workers under his employment. In fact, Tesla and SpaceX employ more than 100,000 people combined. So, what’s it like to… Source link

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Wednesday, April 6, 2022 If you buy an advertisement during the Super Bowl, you will get millions of eyeballs. But some of those eyeballs will likely belong to federal regulators. Which brings us to Securities and Exchange Commission Chair Gary Gensler on Monday (yes, two months later), responding to the flurry of crypto ads from this year’s… Source link

Amazon (AMZN) warehouse workers at a Staten Island, N.Y., facility on Friday established the first U.S. union in the company’s 28-year history, delivering a blow to the e-commerce giant and intensifying a wave of labor organizing nationwide. The astonishing victory of a worker-led, crowdfunded union over the nation’s second-largest employer became an immediate symbol for resurgent worker strength. But for now, a symbol is just about all that it is. In the coming days, the Amazon Labor Union… Source link

My phone has been blowing up lately. Yes, I have dozens of fans — I call them Howley’s Wolf Pack — but that’s not who texts me at all hours of the day and night. No, I’ve been getting texts from numbers telling me a delivery I never ordered has been lost. Or for products that will, confusingly, “enhance our sluggishness.” Yep, I’m talking about spam texts. And lately my phone has been inundated by them. And chances are yours has too. It’s not just an annoyance either. Spam… Source link

AMC’s (AMC) stock gained 45% on Monday. Shares closed at $29.33 each, above their highest closing level of the year in early January. The cinema chain’s CEO Adam Aron told Reuters investors should expect to see more “transformational” deals in the future. “I’d like to think there will be more third-party external M&A announcements going forward where AMC can reach for the stars and intriguing investments that have potentially attractive returns,” Aron said. Earlier this month AMC announced it… Source link

Warren Buffett is channeling one of his long-held investing philosophies in his recent flurry of buzzy deals, says one fellow value-focused investor. That is to be greedy when others in the market are fearful. “I think he is reminding us that when the tide goes out, we see who has been swimming,” remarked Research Affiliates CEO Chris Brightman on Yahoo Finance Live. The 91-year-old billionaire investor revealed Monday that his Berkshire Hathaway will spend $11.6 billion to buy insurance… Source link

Meta-owned (FB) Instagram is finally rolling out long-promised parental controls. Available now for U.S. consumers, Instagram’s new tools let teens’ parents and guardians limit app usage time and see who they follow and who follows them. And if you’re a parent or guardian and want to minimize your kid’s browsing habits, you’ve come to the right place. I’m going to walk you through the process and explain what the tools don’t do. At least yet. But first, let’s go over how we got… Source link