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Financial News Around the World

Here’s why a new $40,000 electric vehicle tax credit for business owners may be relatively easy to get

A tax credit for entrepreneurs who buy new electric vehicles or machinery doesn’t carry many of the same restrictions that apply to consumers buying clean cars.

Published 21 October 2022
Categorised as Finance News

Investors will be able to contribute up to $22,500 in 401(k) plans and $6,500 in IRAs in 2023

The IRS has increased the 401(k) contribution limits to $22,500 and individual retirement account limits to $6,500 for 2023. Here’s what investors need to know.

Published 21 October 2022
Categorised as Finance News

Stocks making the biggest moves midday: Snap, American Express, Verizon, Twitter and more

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

Published 21 October 2022
Categorised as Finance News

3 takeaways from our daily meeting: Stocks rally, earnings move Club names, sticking with DHR

The Investing Club holds its “Morning Meeting” every weekday at 10:20 a.m. ET.

Published 21 October 2022
Categorised as Finance News

U.S. consumer is soldiering on despite soaring inflation and recession risk, credit card giants say

American Express and Bank of America said U.S. consumers have demonstrated a willingness to continue to pay higher prices.

Published 21 October 2022
Categorised as Finance News

U.S. budget deficit cut in half for biggest decrease ever amid Covid spending declines

The U.S. budget deficit was sliced in half for fiscal 2022, the biggest drop in history following two years of huge Covid-related spending.

Published 21 October 2022
Categorised as Finance News

Mark Cuban says he ‘never, ever’ chased money while becoming a billionaire—here’s what he valued instead

Billionaire Mark Cuban said this week that he “never, ever thought in terms of money,” even as he built the companies that made him exorbitantly wealthy.

Published 21 October 2022
Categorised as Finance News

Elon Musk says a global recession could last until the spring of 2024

Tesla founder Elon Musk thinks the global economic contraction can last for another year and a half.

Published 21 October 2022
Categorised as Finance News

Here’s how venture capital is helping to lift the next generation of Latinos in finance

Latinos are underrepresented in all areas of finance. Groups of venture capital firms are looking to change that.

Published 21 October 2022
Categorised as Finance News

Stocks making the biggest moves premarket: American Express, Verizon, Snap and others

These are the stocks posting the largest moves before the bell.

Published 21 October 2022
Categorised as Finance News

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