What does it mean to have a tax-advantaged account?
There are two basic types of tax-advantaged accounts – tax-deferred and tax-exempt accounts. Learn more about the differences ...
PBS1d
A look at the economic impact and progress of Biden’s Inflation Reduction Act so far
President Joe Biden signed the Inflation Reduction Act, the biggest investment in projects to combat climate change in ...
4 expert tips on making the most of your cash after the first interest rate cut in 4 years
Now that the Fed cut interest rates, you might want to make some changes to keep building wealth. Start looking at CDs and ...
Investor Focus Turns to Data, Election, Earnings After Fed Cut
Volatility also tends to pick up in October in election years, with the Cboe Market Volatility index rising to an average ...
gulftoday3d
Germany’s Mercedes-Benz lowers forecast due to weakness in China
German high-end carmaker Mercedes-Benz on Thursday lowered its guidance for the 2024 financial year, citing a deterioration ...
Mercedes-Benz shares fall as German carmaker lowers full year outlook
The German carmaker’s shares started Friday with an almost 7% drop as the company significantly cut its expected results for ...
PBS3d
Economists explain hidden downfalls of ending taxes on tips
That's true of one idea former President Trump and Vice President Harris support: no taxes on tips. Economics correspondent Paul Solman looks at what's behind the proposal and some concerns around it.
Stocks Hit Record High a Day After Fed’s Big Interest Rate Cut
The S&P 500 rose 1.7 percent on Thursday, rallying a day after the Federal Reserve cut interest rates by half a percentage ...
CNET4d
The Fed Cut Rates. Will Saving Account and CD Rates Plummet?
The Fed meets eight times a year to assess the health of the US economy and vote on the federal funds rate, the rate banks ...
Universal Music Aims to Boost Growth By Harnessing Superfans
Universal Music Group NV, the record label that represents Taylor Swift, is targeting more than 7% sales growth for five ...
Tax Guru6d
Calculating the Return on Capital Employed (ROCE) Formula
To break it down, the formula for ROCE is: ROCE = EBIT / Capital Employed. Here, EBIT stands for Earnings Before Interest and Taxes, a measure of a company’s profitability that excludes interest and ...