Trump reportedly floats replacing income taxes with tariffs, gets criticized by economists
Economists and other analysts offered criticism Thursday after a CNBC report said presumptive Republican presidential nominee Donald Trump had floated the idea of imposing an “all-tariff policy” that could let the U.S. eliminate income taxes.
GameStop annual shareholder meeting 2024 servers crash
Traders work at the post where GameStop is traded on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., June 12, 2024. Brendan McDermid | Reuters GameStop’s annual shareholder meeting experienced server issues Thursday, crashing under overwhelming interest for the stream, a customer service representative for the company hosting the […]
These tips for investing in mutual funds and ETFs include crypto-trading keys
Promising ether and bitcoin ETFs are getting noticed. Plus, TIPS ETFs to fight inflation.
Inside Abercrombie and Fitch’s comeback
Abercrombie & Fitch has transformed itself from a dying mall brand into a Wall Street darling after spending years revamping its product assortment, overhauling its supply chain and rebranding as an inclusive retailer. Shares of the apparel company have surged over the last year as it posted quarter after quarter of sales growth and profits […]
Southwest CEO vows change as activist Elliott pushes for new leadership
A Southwest commercial airliner takes off from Las Vegas on Feb. 8, 2024. Mike Blake | Reuters Southwest Airlines CEO Bob Jordan said the company is ready to adapt to changing customer trends like premium seating as pressure from an activist investor mounts. “We will adapt as our customers’ needs adapt,” Jordan said at an […]
I met a woman on Hinge who says she wants a man who believes in ‘chivalry.’ Is this just code for a free meal?
“She said her ideal date was a man who would give her a choice of three restaurants and take charge of the date.”
Sony Pictures buys Alamo Drafthouse theater chain
Interior of an Alamo Drafthouse Cinema theater. Alamo Drafthouse Sony Pictures has acquired Alamo Drafthouse, the seventh-largest movie theater chain in North America, the company announced Wednesday. This is the first time a studio has purchased a theater chain since the Department of Justice’s antitrust division terminated a decree that prohibited certain film distributors from […]
I’m leaving my financially irresponsible daughter $500,000. How can I do this without her squandering her good fortune?
“She should at least have a roof over her head as she ages.”
Robotics startup cofounded by Synapse CEO raises funds with exaggerated GM claims
3alexd | E+ | Getty Images A humanoid robotics startup cofounded by the CEO of bankrupt fintech firm Synapse has canvassed Silicon Valley investors for funds by claiming close ties and an imminent investment from General Motors — claims rejected by the automaker. The company, called Foundation Robotics Labs, is seeking the last $1 million […]
Powell says Fed is ready to cut rates if inflation falls quickly
Federal Reserve Chair Jerome Powell was tight-lipped at his press conference Wednesday, having been stung previously by too much optimism.
