There’s just one month until the federal tax-filing deadline for most taxpayers. Here are three key things to know before submitting your return.
Biden’s ‘billionaire tax’ takes aim at the super-rich — but can a wealth tax work in reality?
Calls for a wealth tax on the world’s super-rich are once again gaining attention after U.S. President Joe Biden said he would impose a new “billionaire tax.”
Japan launches bullet train service to a region that ‘guidebooks rarely mention’
Japan is launching a new high-speed bullet train, or shinkansen, extension on Saturday that will make an under-the-radar prefecture more accessible to travelers.
The rise of the Robin Hood tax
The so-called wealth tax is a politically divisive economic policy, but one that is regaining traction amid rising inequality and shifting demographics. U.S. President Joe Biden in his 2024 State of the Union address became the latest to propose such plans, calling for a “billionaire tax” on the country’s super-rich. But can such a policy… Continue reading The rise of the Robin Hood tax
Stocks making the biggest moves after hours: Adobe, Ulta and more
These are the stocks posting the largest moves in extended trading.
Morgan Stanley names a head of artificial intelligence as Wall Street leans into AI
The move shows the rising importance of AI in financial services, sparked by the rise of generative AI tools that create human-like responses to queries.
This week provided a reminder that inflation isn’t going away anytime soon
Price pressures increasing at a faster-than-expected pace raised concern that inflation could be more durable than anticipated.
‘Dollars up, donors down’: More charity money is coming from the ultra-wealthy
Charitable donations are becoming hyper-concentrated among a small group of ultra-wealthy mega-donors.
Stocks making the biggest moves midday: Dick’s Sporting Goods, Lennar, Robinhood and more
These are the stocks posting the largest moves in midday trading.
Mega Millions sixth-largest jackpot hits $792 million—how much you’d actually take home in every U.S. state
Mega Millions’ jackpot is approaching a billion dollars, but the actual amount you’d take home will be much less than that.