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Biden pushed a billionaire minimum tax – here’s what Elon Musk would pay

President Biden urged Congress to pass his billionaire minimum tax. While the idea drew cheers, it’s full of complications.

Published 8 February 2023
Categorised as Finance News

These 10 metro areas are the most ‘rent burdened’ in the U.S. — New York City comes in at No. 1

New York is the most “rent-burdened” metro area in the U.S., according to a new report from Moody’s Analytics.

Published 8 February 2023
Categorised as Finance News

Fed Governor Christopher Waller warns that interest rates could go higher than expectations

Federal Reserve Governor Christopher Waller on Wednesday talked tough on inflation, warning that the fight is not over.

Published 8 February 2023
Categorised as Finance News

Stocks making the biggest moves midday: CVS, Fortinet, Lumen Technologies, Alphabet & more

Lumen Technologies tumbled on light guidance. Alphabet was under pressure after an event on artificial intelligence.

Published 8 February 2023
Categorised as Finance News

Lawyers and advisors in FTX bankruptcy have billed nearly $20 million for 51 days of work

FTX’s top bankruptcy, legal, and financial advisors billed the company more than $19.6 million in fees, according to Tuesday bankruptcy court filings.

Published 8 February 2023
Categorised as Finance News

Michael Kors-owner Capri shares plunge after revenue falls across the retailer’s luxury brands

Revenue fell across the company’s luxury brands — Michael Kors, Jimmy Choo and Versace — dragged lower by slowing traffic in China.

Published 8 February 2023
Categorised as Finance News

Stocks making the biggest moves premarket: Uber, Chipotle, Microsoft, Lumen and more

These are some of the stocks posting the largest moves before the stock market’s opening bell.

Published 8 February 2023
Categorised as Finance News

Luxury brand Six Senses is opening its first hotel in Australia

The hotel is scheduled to open in 2025 on a 22-hectare estate called Burnham Beeches, located 25 miles from Melbourne in the Dandenong mountain range.

Published 8 February 2023
Categorised as Finance News

Stocks making the biggest moves after hours: Chipotle, Enphase Energy, Fortinet and more

These are the stocks posting the largest moves in extended trading.

Published 7 February 2023
Categorised as Finance News

Biden to revisit ‘billionaire minimum tax’ in State of the Union address

President Joe Biden will renew his call for a “billionaire minimum tax” during the State of the Union address on Tuesday. Here’s what to expect.

Published 7 February 2023
Categorised as Finance News

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