If there’s a winner in Saturday night’s Powerball drawing and they pick the upfront cash option, here’s the tax bill that would come with their windfall.
Category: Finance News
The unemployment rate for Black men fell in October, but so did labor force participation
Workers of color continue to see higher rates of unemployment than their white counterparts.
Fidelity, ForUsAll now offering 401(k) investors access to cryptocurrency
Fidelity Investments and ForUsAll appear to be the first 401(k) administrators to offer workers access to cryptocurrency.
Fed officials Barkin and Collins see possibility for slower rate hikes ahead
Two Fed officials indicated that they expect further increases but will be looking at whether those moves need to be as aggressive.
Web inventor Tim Berners-Lee wants us to ‘ignore’ Web3: ‘Web3 is not the web at all’
Berners-Lee said people too often conflate Web3 with “Web 3.0,” his own proposal for reshaping the internet.
Here’s where the jobs are for October 2022 — in one chart
The health care and manufacturing sectors added notable gains.
Op-ed: High-net-worth investors can amplify their charitable impact with a ‘recoverable grant’
High-net-worth charitable donors can use a smart tool to support non-profit innovation this giving season. It’s called a recoverable grant.
U.S. payrolls surged by 261,000 in October, better than expected as hiring remains strong
Nonfarm payrolls were expected to increase by 205,000 in October, according to Dow Jones estimates.
Stocks making the biggest moves premarket: DraftKings, Cinemark, Hershey and more
These are the stocks posting the largest moves before the bell.
Here’s what we know about the rebound in Chinese stocks this week
Chinese stocks rallied this week as investors hoped Beijing would soon relax its stringent Covid policy.