CNBC’s Jim Cramer on Friday looked ahead to the start of earnings season, focusing on quarterly reports from the big banks and other companies in the packaged foods and travel industries. The “Mad Money” host’s lookahead came after stocks rallied hard on Wall Street to rebound from Thursday’s big sell-off, helping the major averages end the week higher. “What
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U.S. Senator Elizabeth Warren (D-MA) questions Charles P. Rettig, commissioner of the Internal Revenue Service, during the Senate Finance Committee hearing titled The IRS Fiscal Year 2022 Budget, in Dirksen Senate Office Building in Washington, D.C., June 8, 2021. Tom Williams | Pool | Reuters Wells Fargo‘s decision to pull customers’ credit lines was lambasted
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While the White House and congressional Democrats are feverishly trying to enact massive, economy-killing tax increases, numerous states are going in the opposite direction: They’re cutting taxes. This segment of What’s Ahead focuses on how local officials are recognizing that lower tax rates mean more opportunities and prosperity. Ohio engineered the biggest tax reduction in
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Flush with cash from one of Thailand’s biggest IPOs, Asset World Corp. CEO Wallapa Traisorat is building new hotels and refurbishing tourist landmarks in hopes of a post-pandemic boom. With Covid-19 still keeping foreign tourists away from Thailand’s pristine beaches and bustling cities, leaving more than 80% of hotel rooms unoccupied, one would expect the
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