If you've been debating about contributing to your Roth IRA, this incentive may make your decision a bit easier: a Saver's Credit. Formally called the Retirement Savings Contributions Credit, this perk was designed to encourage more low- to middle-income taxpayers to stash cash away in qualified retirement accounts.
Tesla has recalled thousands of Cybertrucks after US regulators found that the new vehicle’s pedals could get stuck and lead the car to accelerate unintentionally.
Step into sandal season with these "super comfy" slides.
“Liz is the Grinch who wants to stop Christmas!”
Bank of England Deputy Governor Dave Ramsden said on Friday that inflation could hold around the central bank's 2% target for the next three years rather than rise higher later this year as set out in the BoE's most recent forecasts. Figures showed on Wednesday that Britain's annual consumer price inflation fell to 3.2% in March from 3.4% in February, extending its drop from a peak of 11.1% in October 2022. The BoE has said it expects inflation to hit or undershoot its 2% target in April, thanks in large part to weaker energy prices, before rising closer to 3% by the end of this year.
One of the Fed's more dovish officials said Friday that 'progress on inflation has stalled' and that 'it makes sense to wait' before cutting interest rates.
There are still "differences" between the International Monetary Fund (IMF) and Ethiopia over a loan and reforms package, but talks are continuing, a senior IMF official said on Friday. Ethiopia may need to devalue its birr currency, which is trading on the black market about 50% weaker than the official rate against the U.S. dollar, to secure the support of the IMF. "Negotiations are ongoing," IMF Mission Chief for Ethiopia Alvaro Piris Chavarri told reporters at the IMF and World Bank Spring Meetings in Washington.
For the third day of the Spanish state visit, she the heir to the Dutch throne donned a gold bag from influencer-adored label Marina Raphael - read more
WASHINGTON (AP) — With rare bipartisan momentum, the House sidelined hard-right conservatives and prepared Friday to push a $95 billion national security aid package for Ukraine, Israel and other U.S. allies over a key procedural hurdle, closer to passage. House Speaker Mike Johnson had spent the past 24 hours making the rounds on conservative media working to salvage the wartime funding, particularly for Ukraine as it faces a critical moment battling Russia, but also for his own job as the rest
U.S. investment company KKR has sent European Union antitrust authorities a formal notice about its proposed buyout of Telecom Italia's (TIM) fixed-line access network, the former phone monopoly said on Friday. TIM said the confirmation it had received from KKR indicated that the project was progressing according to schedule.
Chad Daybell’s trial comes one year after Lori Vallow was convicted over the murders of Tylee Ryan, JJ Vallow and Tammy Daybell
A top neurosurgeon is suing McLaren for £10m after being left with a “significant” hand tremor following a snowmobile crash on a £23,000 adventure holiday.
If you are still holding to Nvidia stock, here is a key sell signal to watch for: Shares dipped below the 50-day moving average Friday. Nvidia's chart shows that its relative strength line, which compares the company's stock performance to the S&P 500, is flattening. Chief Executive Jensen Huang recently addressed students at his alma mater of Oregon State University and stated that "artificial intelligence is the technology industry's single greatest contribution to social elevation."
Twelve jurors and one alternate have been chosen to hear the historic criminal trial against Mr Trump. Five more alternates need to be picked on Friday to complete the jury
A loud noise was heard shortly after take-off when the aircraft was at 14,000ft
WASHINGTON (Reuters) -Bank of England Deputy Governor Dave Ramsden said on Friday that inflation could hold around the central bank's 2% target for the next three years rather than rise higher later this year as set out in the BoE's most recent forecasts. Figures showed on Wednesday that Britain's annual consumer price inflation fell to 3.2% in March from 3.4% in February, extending its drop from a peak of 11.1% in October 2022. The BoE has said it expects inflation to hit or undershoot its 2% target in April, thanks in large part to weaker energy prices, before rising closer to 3% by the end of this year.
Alejandro Garnacho has apologised for liking a critical social media post while Sancho starred for Dortmund in this week’s Champions League
Sony Pictures Entertainment (SONY) has entered talks with Apollo Global Management (APO), the parent company of Yahoo Finance, to discuss a possible joint buyout bid of Paramount Global (PARA,PARAA). According to the New York Times, both companies, through a joint venture, would offer cash for shares of Paramount, taking the company private. Citi Managing Director Jason Bazinet joins The Morning Brief to discuss the potential joint buyout bid from Sony and Apollo and what it could mean for all companies involved and investors moving forward. In terms of what consumers can expect, should a deal go through, Bazinet says: "I think you'll see fewer apps...If this bid between Apollo and Sony is right, Sony is really sort of an arms dealer, right? So they're going to presumably take the studio and just feed everybody's app. Then I would think that someone on the private equity side would, sort of, not want to absorb the losses from a streaming app like Paramount+ and would just focus on the cash-generative assets and pay down debt to create equity value." For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Nicholas Jacobino
An Italian anti-fascist activist held in Hungary for allegedly assaulting far-right militants will be a candidate for a left-wing party at European elections in June, possibly putting an end to her detention. The Italian Green and Left Alliance announced late on Thursday she would be among their candidates at the European ballot, in agreement with her father Roberto, who is campaigning for her release. "We want to defend the rights and the dignity of a European citizen in the face of the inertia of the Italian authorities," said Angelo Bonelli, one of the leaders of the Green and Left grouping, which is running at around 4% in opinion polls.
Polen Capital, an investment management company, released its “Polen Focus Growth Strategy” first quarter 2024 investor letter. A copy of the same can be downloaded here. The US stock market started 2024 optimistically. In the first quarter, the fund returned 8.29% (gross) and 8.09% (net) compared to 11.41% for the Russell 1000 Growth Index and […]
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