Harris unveils plan for 28% capital gains tax, softening Biden’s proposal for 40% rate
Vice President Kamala Harris on Wednesday proposed a 28% tax on long-term capital gains for households with an annual income…
Trump Media shares erase 2024 gains as key DJT sale date nears
Trump Media shares on Wednesday closed below where they stood at the end of 2023, as the Truth Social maker’s…
Cramer names the No. 1 underappreciated megacap to buy in the recent tech stock sell-off
Microsoft’s generative artificial intelligence prospects are impressive. But the stock has more to offer investors than just the new tech.
U.S. targets Russia over 2024 election influence operation
The Biden administration on Wednesday announced sanctions targeting Russian government-backed efforts to manipulate American opinion leading up to the 2024…
Bond market ‘yield curve’ returns to normal from inverted state that had raised recession fears
The relationship between the 10- and 2-year Treasury yield briefly normalized Wednesday, reversing a classic recession indicator. Following economic news…
Ken Griffin’s Wellington hedge fund at Citadel squeezes out 1% gain in volatile August
Billionaire investor Ken Griffin’s suite of hedge funds at Citadel eked out small gains in what proved a volatile month…
Atlanta Fed President Bostic says officials can’t wait for inflation to hit 2% before cutting
Atlanta Federal Reserve President Raphael Bostic signaled Wednesday that he is ready to start lowering interest rates even though inflation…
Job openings fell more than expected in July in another sign of labor market softening
Job openings slumped to their lowest level in 3½ years in July, the Labor Department reported Wednesday in another sign…
