As the frontrunner for the Democratic nomination following President Joe Biden’s withdrawal from the election, Vice President Kamala Harris is under scrutiny for her tax policy proposals. While Harris has not provided a detailed outline of her economic agenda, experts suggest that her vision may align closely with Biden’s plans. This could involve increased taxes
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Warner Bros. Discovery has made it clear that they intend to exercise their matching rights for a package of NBA games that were initially earmarked for another company. This move was in response to the deal between NBC and Amazon Prime Video, as reported by sources familiar with the situation. Warner Bros. Discovery expressed their
Berkshire Hathaway recently made headlines by trimming its massive holding in Bank of America for the first time in over four years. This move came after Bank of America had a strong run in 2024. The conglomerate sold 33.9 million shares of the bank in separate sales, totaling almost $1.5 billion. This decision to reduce
As Gen Xers are reaching age milestones that enable penalty-free access to retirement funds, it is crucial for them to exercise caution when considering early withdrawals. While turning 59½ allows for penalty-free withdrawals from IRAs and 401(k)s, it is important to remember that it should be a last resort. Despite the appeal of accessing these
McDonald’s has decided to extend its $5 value meal promotion beyond its initial four-week window in most of its U.S. markets. According to a memo obtained by CNBC, nearly every business unit, encompassing 93% of its restaurants, has voted to extend the offer past the original end date. The majority of locations plan to extend
Ryanair, known as a budget airline, recently announced a 46% decrease in its quarterly profit after tax, causing shares to fall by 14.53%. This significant drop in profit came despite a 10% increase in passenger traffic to 55.5 million during the quarter. The profit after tax for the three months ending in June stood at
The financial markets are buzzing with anticipation as General Motors gears up to report its second-quarter results. Analysts on Wall Street have high hopes for GM, with expectations of a solid adjusted profit of $2.75 per share, marking a significant 44.2% increase from the previous year. The company is also forecasted to achieve $45.46 billion
The recent increase in membership fees announced by Costco Wholesale (COST) has caught the attention of Wall Street analysts. Despite a rough patch in the stock market due to various macro pressures, Costco’s decision to raise the annual fees for its “Gold Star” and “Executive Membership” plans has been seen as a favorable catalyst for
In a world where pop music reigns supreme, the lyrics and melodies often mirror the society we live in. Today, despite positive economic indicators such as expanding economy and low unemployment rates, recent pop hits tell a different story. Artists like Taylor Swift and Beyoncé have captured the essence of a collective malaise in their
With the long-awaited release of Electronic Arts’ college football game, fans are ecstatic to dive back into the world of virtual football. For many, the revamped game represents a significant departure from the previous versions, requiring them to relearn the mechanics and strategies. This shift is akin to going from a flip phone to an