GameStop’s $2.1 billion stock sale taxes its shareholders and hurts the economy
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CBS News - Top stories
Alec Baldwin's "Rust" denied New Mexico tax incentives
Attorneys for Alec Baldwin's "Rust" said the incentive would have been used to pay a settlement to cinematographer Halyna Hutchins' family. -
CNBC - Business
This 'bucket strategy' could lower your taxes in retirement — here's how to maximize it
Most Americans aren't planning to reduce taxes on retirement income. Here's how the "bucket strategy" could help, experts say. -
The Hill - Politics
Hogan calls on Alsobrooks to disavow Maryland tax, fee increases
Former Republican Maryland Gov. Larry Hogan, who is running for Senate, has written a letter calling on his opponent, Angela Alsobrooks (D), to disavow recent tax and fee increases in the state. The letter, first reported by the Washington ... -
The Wall Street Journal - World
Canada Enacts Digital-Services Tax Amid Risks of U.S. Trade Retaliation
Canada authorized the implementation of a digital-services tax, a move that threatens to trigger trade retaliation from Congress and the Biden administration. -
The Guardian - World
Does Australia need a sugar tax to tackle diabetes, and how would it work?
A parliamentary report says sugary drinks should be taxed to help stop the spread of obesity. Follow our Australia news live blog for latest updatesGet our morning and afternoon news emails, free app or daily news podcastEvery five minutes an ... -
Financial Times - World
UK tax authority accused of ‘pattern of costly mistakes’ after latest bungle
Case was recently thrown out after HMRC missed court deadlineUnited Kingdom -
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Financial Times - World
Property tycoon Jamie Ritblat and EY settle tax dispute with HMRC
UK tax authority was pursuing Conservative donor for income and employment-related taxes -
Financial Times - World
How to protect your wealth from future Labour tax raids
Advisers plot ways to ‘Labour-proof’ clients’ finances after landslide victory -
Financial Times - World
Pakistan finance minister warns taxes must rise to break the bailout cycle
Former JPMorgan banker says Islamabad must ‘get real’ as it seeks 24th IMF packagePakistan -
Yahoo Sports - Sports
How reported DeRozan addition affects Kings' NBA luxury-tax situation
Here's where the Kings' luxury-tax situation stands after Sacramento reportedly acquires six-time NBA All-Star DeMar DeRozan in a three-team sign-and-trade.NBA -
The Wall Street Journal - World
Oil Slips After U.S. Data Points to Cooling Economy
Oil prices were weaker on a thinner trading day due to the Fourth of July holiday and despite softer-than-expected U.S. employment and business activity data fuelling optimism for future rate cuts. -
ABC News - World
German government averts crisis with budget agreement for Europe’s largest economy
The German government has announced an agreement on its budget for 2025 and a stimulus package for Europe’s largest economy, easing a monthslong squabble that threatened to upend Chancellor Olaf Scholz’s center-left coalitionGermany -
CNBC - Business
U.S. economy added 206,000 jobs in June, unemployment rate rises to 4.1%
Nonfarm payrolls were expected to increase by 200,000 in June, according to economists surveyed by Dow Jones. -
The New York Times - World
Who Is Rachel Reeves, the Woman Taking the Helm of the U.K.’s Economy?
As the newly named chancellor of the Exchequer, she is taking on the tough job of boosting Britain’s productivity growth and of reviving struggling public services. -
The Hill - Politics
June jobs report adds to signs that economy may be cooling
The uptick in the June unemployment rate along with significant downward revisions in the job additions for April and May are the latest signs that the economy may be slowing down under high Federal Reserve interest rates. The Friday numbers from ... -
The Wall Street Journal - World
'We're Not Dead Yet.' Baby Boomers' Good Times Drive the Economy.
Sky-diving, concerts, classic cars. An influx of older Americans bolsters the nation’s fastest-growing city. ‘We have more fun than our daughter.’ -
The Wall Street Journal - World
U.S. Stocks Trade Mostly Higher
Stock indexes were mixed in the shortened trading session, with the Nasdaq Composite and S&P 500 both on pace to hit fresh records. The Dow industrials slipped. -
The Wall Street Journal - World
Nasdaq Rises After Jobs Report Keeps Rate Cuts in Play
The S&P 500 and Nasdaq Composite were poised to hit fresh closing peaks, after reaching new records ahead of the Fourth of July holiday. The Dow industrials were roughly flat. -
NBC News - Top stories
3 dead, others hurt as driver crashes into holiday crowd in New York City park
Three people were killed when a driver suspected of being under the influence crashed into a crowd celebrating the holiday at a New York City park Thursday, officials said.New York -
MarketWatch - Business
Cyberattack slams brakes on U.S. auto sales in June, but setback seen as temporary
Sales of new cars and trucks in the U.S. fell in June to a five-month low — and criminal computer hackers are largely to blame. -
CNBC - Business
Ford sales edge 1% higher in the second quarter, led by trucks
Ford truck sales of 308,920 vehicles marked the company's best second-quarter performance for the vehicle category since 2019. -
Financial Times - Business
Germany vetoes sale of sensitive turbine unit to Chinese group
Blocking of MAN Energy’s proposed deal reflects Berlin’s more security-conscious relations with Beijing -
The Wall Street Journal - World
Why Are So Many Townhouses For Sale in Park Slope Right Now?
Nine homes asking more than $100 million combined were on the market as of mid-June, thanks to skyrocketing home prices and seller optimism. -
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CBS News - Top stories
Amazon has a pre-Prime Day coupon sale on Govee smart lighting
Add some mood lighting to your home with these fun Govee smart lights that you can save on right now. -
CBS News - Top stories
Best home appliance deals from the Samsung 4th of July sale
Save big on refrigerators, ovens, washers, dryers and more during Samsung's 4th of July appliance sale. -
GameSpot - Tech
Best Buy's July 4th Sale Is Stacked With Awesome Tech And Gaming Deals
Best Buy's big 4th of July Sale runs through Sunday, July 7. The event drops the prices on tons of items available online and in stores, including 4K TVs, pre-built PCs, gaming accessories, and more. There are even discounts on collectible figures ... -
The Wall Street Journal - World
Indivior CEO Expects Ongoing U.S. Opioid Crisis to Drive Sales Growth
Addiction-treatment company Indivior, whose main customer is the U.S. government, is in the process of transferring its main stock listing to New York from London. -
ESPN - Sports
Braves' Sale stifles Giants for MLB-high 11th win
Chris Sale allowed only three hits in six innings to earn his 11th win, leading the Braves to a 3-1 victory over the Giants.MLB -
Wired - Tech
30 Best Fourth of July Sales on WIRED-Approved Gear (2024)
Ahead of July 4th celebrations, these Independence Day sales can help you save on firepits, ebikes, tech, and mattresses. -
CBS News - Top stories
Saks Fifth Avenue owner buying Neiman Marcus for $2.65 billion
Canada's Hudson's Bay Company, which owns Saks Fifth Avenue and other retailers, is buying 117-year-old Neiman Marcus. -
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CBS News - Top stories
All the best 4th of July sales you can shop today
Shop big 4th of July sales and save on TVs, outdoor furniture, outdoor grills and more now. -
The Hill - Politics
Saks Fifth Avenue parent to buy Neiman Marcus Group for $2.65 billion
Saks Fifth Avenue parent company HBC announced Thursday a $2.65 billion deal to acquire Neiman Marcus Group, the parent company of Neiman Marcus and Bergdorf Goodman. HBC said that after the deal goes through it will launch Saks Global, which will ... -
The Wall Street Journal - Business
Ericsson Intends to Book $1.1 Billion Charge for Latest Quarter
The Swedish telecom-equipment company said lower-than-expected growth at its Vonage cloud subsidiary prompted the impairment charge. -
The Wall Street Journal - Business
Indivior CEO Expects Ongoing U.S. Opioid Crisis to Drive Sales Growth
Addiction-treatment company Indivior, whose main customer is the U.S. government, is in the process of transferring its main stock listing to New York from London. -
Financial Times - World
US intervened in Congo mine sale to Chinese arms group
US officials encouraged state miner Gécamines to review sale to a subsidiary of Chinese defence company Norinco -
The Wall Street Journal - World
China's Central Bank Borrows 'Hundreds of Billions' of Yuan in Government Bonds
China’s central bank has signed agreements with major brokers to borrow “hundreds of billions” of yuan worth of government bonds, a move analysts say is likely aimed at stabilizing plummeting long-term bond yields.China -