The IRS on Tuesday fully launched Direct File, a free tax filing pilot program from the agency, for “simple tax situations.” Here’s what to know.
Category: Finance News
Porsche warns of fall in profitability but hikes dividend on strong 2023 results
Porsche on Tuesday warned that profitability will decline this year as it launches new models amid tough economic conditions, but hiked its dividend.
Jefferies analyst challenges Trump’s claim that Meta’s Facebook is ‘enemy of the people’
Jefferies’ Brent Thill sees Facebook as vital — despite President Donald Trump calling it an “enemy of the people” on CNBC’s “Squawk Box” on Monday.
China’s valuations are ‘way too low,’ strategist says — here’s why
Valuations of Chinese stocks are “way too low,” according to Shaun Rein, founder and managing director of the China Market Research Group.
Stocks making the biggest moves after hours: Oracle, Vail Resorts, Advance Auto Parts & more
See which stocks are posting big moves after the bell.
A key inflation reading is due out Tuesday morning. Here’s what to expect
On a year-over-year basis, headline inflation is expected to show a 3.1% gain and core inflation a 3.7% increase in February.
Stocks making the biggest moves midday: Nvidia, Coinbase, Oracle, Bally’s and more
These are the stocks posting the largest moves in midday trading.
Why Amtrak is attempting to revive the Texas Central bullet train
In 2023, Amtrak revived long-held hopes for a Texas bullet train, in an attempt to capitalize on $66 billion in federal funds for passenger rail upgrades.
Long-term inflation expectations rise, spelling possible trouble for the Fed, survey shows
At the three-year range, expectations rose 0.3 percentage point to 2.7%, while the five-year outlook jumped even more, up 0.4 percentage point to 2.9%.
Trump pledges to get tough with tariffs again if elected
In a CNBC interview, Trump cited both economic and political benefits from targeting foreign goods entering the U.S.