The child tax credit could change for 2023 filings via the bipartisan tax bill. But taxpayers shouldn’t wait to file returns, according to the IRS.
Stocks making the biggest moves midday: Bank of America, General Motors, UPS and more
These are the stocks posting the largest moves in midday trading.
IMF warns British government against more tax cuts
There is a need to put in place medium-term fiscal plans that will accommodate a significant increase in spending pressures, the IMF’s chief economist said.
New York sues Citibank for alleged failure to reimburse fraud victims
The attorney general’s office said the alleged failure cost victims millions in dollars.
IMF upgrades global growth forecast, citing U.S. resilience and policy support in China
The International Monetary Fund sees a reduced likelihood of a so-called “hard landing,” with inflation falling faster than expected.
Stocks making the biggest moves premarket: UPS, General Motors, Whirlpool, Spotify and more
These are the stocks posting the largest moves in premarket trading.
Euro zone economy narrowly skirts recession, stagnates in fourth quarter
Eurostat released flash euro zone growth figures for the euro zone Tuesday.
Stocks are the ‘asset class of choice’ as markets are now used to bad news, strategist says
Stocks are still the “asset class of choice” even as geopolitical risks mount, says Beat Wittmann, partner at Porta Advisors.
Boeing’s reputation is taking a hit, survey shows
Net trust in Boeing dropped 12 percentage points among U.S. adults after a door panel blew off a Boeing 737 Max 9 jet on Jan. 5.
Alibaba-backed Xreal, rival to Apple’s Vision Pro, claims it’s now an AR glasses unicorn
Alibaba-backed augmented reality glasses company Xreal said it received $60 million in new funding, giving the company a valuation of more than $1 billion.