The U.S. Department of the Treasury estimates that one-third of federal income tax returns could use IRS Direct File for free this season. Here’s who qualifies.
Category: Finance News
Stocks making the biggest moves midday: Southwest, Oracle, 3M, New York Community Bancorp and more
These are some of the stocks posting the largest moves at midday.
Consumer prices rose 0.4% in February and 3.2% from a year ago
Inflation rose again in February, keeping the Fed on course to wait at least until the summer before starting to lower interest rates.
Stocks making the biggest moves before the bell: Oracle, Kohl’s, Coinbase, Southwest and more
These are the stocks posting the largest moves in premarket trading.
Consumer spending rebounded in February, according to the CNBC/NRF Retail Monitor
The CNBC/NRF Retail Monitor, derived from actual credit card spending data from Affinity Solutions, rose 1.06% in February, when excluding autos and gas.
Xiaomi is set to launch its electric car on March 28
Chinese smartphone company Xiaomi announced Tuesday it would formally launch its long-awaited electric car on March 28.
IRS free tax filing program launches in 12 pilot states. Here’s what to know
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.
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.