Finance News – Page 1232

Stocks making the biggest moves premarket: Kraft Heinz, Paramount, Airbnb, Tripadvisor and more

Here are the companies making headlines before the bell on Monday.

How to pay 0% capital gains taxes with a six-figure income in 2023

There are higher taxable income thresholds for the 0%, 15% and 20% long-term capital gains brackets for 2023. Here’s what to know.

Pharrell selected to become LVMH’s next men’s creative director

CNBC’s Robert Frank joins ‘Squawk Box’ to discuss Louis Vuitton Moët Hennessy hiring Pharrell Williams to lead its creative direction, the brands big bet on Pharrell, and the shareholder response to the decision.

Goldman Sachs scraps idea for direct-to-consumer credit card after strategy shift

Not long ago, CEO David Solomon told analysts the bank was developing its own card, which would’ve made use of the platform Goldman created for the Apple Card.

Barclays posts 19% slide in annual net profit after costly U.S. trading blunder; Shares down 8%

Barclays on Wednesday reported a full-year net profit of £5 billion ($6.05 billion) for 2022, beating consensus expectations of £4.95 billion.

Russia’s budget deficit has surged. But economists say Moscow won’t drain its war chest any time soon

Russia’s budget deficit hit a record 1.8 trillion rubles ($24.4 million) in January, with spending growing by 58% from the previous year while revenues fell by more than a third.