The consensus outlook for the fourth quarter is that gross domestic product grew at a 2% seasonally adjusted annualized pace.
Category: Finance News
IRS has started simplifying millions of complicated taxpayer notices ahead of the filing season
The IRS has unveiled its “Simple Notice Initiative” to clarify millions of letters received by taxpayers every year. Here’s what to expect from the program.
Stocks making the biggest moves midday: Netflix, ASML, AT&T, Advanced Micro Devices and more
These are the stocks posting the largest moves in midday trading.
These are the proposed changes to the child tax credit — and how much you could get
The $78 billion bipartisan tax package includes temporary child tax credit changes that could affect millions of families filing 2023 taxes.
Stocks making the biggest moves premarket: Netflix, AT&T, Tesla, EBay, AMD and more
These are the stocks posting the largest moves in premarket trading.
Hamptons mansion on auction block
CNBC’s Robert Frank joins ‘Squawk Box’ with the latest news from the auction market.
Klarna to debut $7.99 monthly plan as buy now, pay later firm seeks new revenue sources ahead of IPO
Klarna Plus is the latest example of a fintech player hoping to build out its offerings and boost recurring revenue. An IPO is imminent, the firm’s CEO said.
German regulator urges banks to set aside bumper profits for bad news on the horizon
Banks should be setting aside this year’s bumper profits to provision for clients defaulting on loans, says BaFin President Mark Branson.
Hedge fund billionaire Bill Ackman and wife Neri Oxman buy nearly 5% stake in Tel Aviv Stock Exchange
Hedge fund billionaire Bill Ackman and his wife Neri Oxman are buying a nearly 5% stake in the Tel Aviv Stock Exchange, the exchange reported in a press release Wednesday.
China’s EV players ramp up competition with Tesla using new tech
Hot competition in China’s electric car market is pushing local automakers to sell vehicles with fancy tech that Tesla doesn’t yet offer in the country.