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Financial News Around the World

President Biden wants higher taxes on Corporate America’s stock buybacks

Biden will reportedly propose in his State of the Union speech to lift the tax companies pay when they buy back their own stock, to 4% from 1%.

Published 7 March 2024
Categorised as Finance News

NYCB says it lost 7% of deposits in the past month, slashes dividend to 1 cent

NYCB had $77.2 billion in deposits as of March 5, NYCB said in an investor presentation tied to the capital raise, down from $83 billion it had as of Feb. 5.

Published 7 March 2024
Categorised as Finance News

32-year-old mom who makes $143,000/month in passive income: 5 books that helped me get started

Millennial mom, entrepreneur and PayBump founder Jasmine McCall shares the books that helped her build a successful passive income business.

Published 7 March 2024
Categorised as Finance News

Mark Cuban looks for 2 qualities in employees: ‘If they fail on either one, you’re going to be in trouble’

Mark Cuban won’t hire you unless you display both competency and culture fit, he said in a recently released MasterClass course. Here’s why those traits matter.

Published 7 March 2024
Categorised as Finance News

Watch Fed Chair Powell testify live before Senate Banking Committee

Powell is back Thursday on Capitol Hill, offering to the Senate Banking Committee his second day of congressionally mandated testimony.

Published 7 March 2024
Categorised as Finance News

European Central Bank holds rates, hints at June cut as it trims inflation forecast

Staff at the euro zone’s central bank released their closely-watched macroeconomic projections Thursday.

Published 7 March 2024
Categorised as Finance News

Layoffs rise to the highest for any February since 2009, Challenger says

The total of 84,638 planned cuts showed an increase of 3% from January and 9% from a year ago.

Published 7 March 2024
Categorised as Finance News

Watch: ECB President Christine Lagarde speaks after rate decision

European Central Bank President Christine Lagarde is giving a press conference following the bank’s latest monetary policy decision.

Published 7 March 2024
Categorised as Finance News

Stocks making the biggest moves premarket: Novo Nordisk, New York Community Bancorp, Victoria’s Secret, Nvidia and more

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

Published 7 March 2024
Categorised as Finance News

How to know when married filing separately makes sense, according to tax experts

Married couples can choose to file taxes jointly or separately every year. Here’s how to pick the best option.

Published 7 March 2024
Categorised as Finance News

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