In this article YUM Customers wearing Taco Bell foam taco hats exit the company’s restaurant, a unit of Yum! Brands Inc. in Bangkok, Thailand. Brent Lewin | Bloomberg | Getty Images Yum Brands on Wednesday reported mixed results for its fourth quarter as higher costs weighed on profits, leading to an earnings miss. Shares of
Atlanta Federal Reserve President Raphael Bostic said Wednesday he anticipates hiking interest rates three or four times this year, but he stressed that the central bank isn’t locked into a specific plan. Speaking on CNBC’s “Squawk Box,” the policymaker signaled a view that is less aggressive than the market’s on rates. “In terms of hikes
Dean Mitchell | E+ | Getty Images Most people don’t know the first thing about the Secure Act and yet it has great impact on their retirement planning. With little fanfare, the Secure Act (Setting Every Community Up for Retirement Enhancement Act) was signed into law on Dec. 20, 2019. It’s an important piece of
mediaphotos | E+ | Getty Images Tax filing season is underway. Most Americans should be able to file their 2021 tax returns to the IRS for free. About 100 million Americans, or roughly 70% of people filing taxes in the U.S., are eligible to submit their tax returns to the IRS at no cost, according
We made it. It’s 2022. The holiday season is over and now we have… debt? While we all get back to work to pay off our generous gifting, it is a perfect time to start thinking about ways we can better plan our budget in the new year. There are a lot of expenses that,
Location is certainly paramount when it comes to real estate. These properties, from a Pacific Northwest Colonial tucked away amidst manicured gardens to a penthouse with an iconic waterfront view Down Under, offer luxurious amenities in even more striking surroundings. Here’s a closer look at what’s for sale on the global market: The estate at
Tax Notes reporter Jonathan Curry reviews President Biden’s tax policy campaign promises after one year in office and where those proposals, including the Build Back Better Act, stand today. This transcript has been edited for length and clarity. David D. Stewart: Welcome to the podcast. I’m David Stewart, editor in chief of Tax Notes Today International. This week:
In this article EPC Edgewell Personal Care CEO Rod Little told CNBC on Tuesday he expects demand for the company’s care and grooming products to increase in the coming months, as the intensity of the coronavirus pandemic wanes. “I would guess by the time we get to late spring, summer in our categories, you’re going
In this article LYFT Lyft CEO Logan Green (C) and President John Zimmer (LEFT C) applaud during the Nasdaq opening bell ceremony celebrating the company’s initial public offering (IPO) on March 29, 2019 in Los Angeles, California. Mario Tama | Getty Images News | Getty Images Lyft reported fourth-quarter results after the bell on Tuesday.
Traders on the floor of the NYSE, Feb. 4, 2022. Source: NYSE U.S. stock futures rose slightly in overnight trading on Tuesday as investors prepare for another round of corporate earnings. Dow futures rose about 50 points. S&P 500 futures gained 0.2% and Nasdaq 100 futures rose 0.2%. Chipotle rose more than 7% in after-hours
After 13 years on ABC’s “Shark Tank,” Kevin O’Leary has learned a few things about what makes a great pitch. The obvious ones, he says, are to speak concisely and explain how your skillset benefits your business. But there’s something more crucial that many CEOs miss, he says: showing an understanding of the business’ finances,
Zoom In Icon Arrows pointing outwards If you’re one of the millions of Americans who own cryptocurrency, there’s a key question to answer this tax season. Over the past couple of years, the IRS has stepped up crypto reporting with a yes-or-no question about “virtual currency” on the front page of your tax return. The
staticnak1983 | E+ | Getty Images Millions of parents who’ve defaulted on their federal student loans may get part of their child tax credit seized this tax season. The federal government has long been able to collect past-due debts, like child support, owed to state and federal agencies. This occurs via the Treasury Offset Program,
Your Answer Could Change the Course of Your Future – Here’s How to Make the Most of Social Security Benefits for You Most articles address the question of whether you should file for benefits early or late, and that is a great question. The focus of this article is what you need to do before you
It’s early days for the 2022 housing market, but new data shows home buyers are already off to the real estate races. In the first month of the year, the typical home sold faster than in any prior January, according to the Realtor.com Monthly Housing Report released today. Compared to January’s national pace, homes sold
The Internal Revenue Service will have “extraordinarily high” delays again in processing returns, the agency’s National Taxpayer Advocate Erin Collins told Congress today. She cautioned there’s no magic bullet to get the IRS out of a “deep hole” in her appearance before the House Ways and Means Committee Oversight Subcommittee. The IRS is starting the
RT: Maria Van Kerkhove, Head a.i. Emerging Diseases and Zoonosis at the World Health Organization (WHO), speaks during a news conference on the situation of the coronavirus at the United Nations in Geneva, Switzerland, January 29, 2020. Denis Balibouse | Reuters The World Health Organization expects a more transmissible version of omicron to increase in
In this article CMG A customer carries a Chipotle bag in front of a restaurant in Santa Clara, California, U.S., on Tuesday, Oct. 19, 2021. David Paul Morris | Bloomberg | Getty Images Chipotle Mexican Grill is expected to report its fourth-quarter earnings after the bell on Tuesday. Here’s what Wall Street analysts surveyed by
A mechanic works on a motorcycle at a Harley-Davidson showroom and repair shop in Lindon, Utah, U.S., on Monday, April 19, 2021. George Frey | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Peloton — Shares of the fitness company soared more than 32% after the firm announced it’s replacing
Peloton’s new CEO is joining the fitness company at a difficult time. Exercise bike sales are slowing, stock price is declining and takeover rumors are swirling. On Tuesday, the company announced plans to cut 20% of its corporate positions. But new chief executive Barry McCarthy has a history of helping transform companies. McCarthy, 68, is