Even better for businesses, they can also fully deduct delayed breaks for R&D investments going back to 2022, a boon estimated to be worth $67 billion in upfront tax savings, according to Congress’s ...
The Securities and Exchange Commission (SEC) has upended decades of policy by allowing public companies to include mandatory arbitration clauses in their bylaws—a move investor advocates say will ...
A Northwestern Mutual team with $1.3 billion in advisory, brokerage and retirement plan assets has joined LPL Financial’s broker-dealer and RIA platform.
Prenuptial agreements are legally binding documents intended to specify how assets, debts, and spousal support will be handled in the event of divorce or death, before a couple ties the knot. They’re ...
Roughly a third of federal student loan borrowers are behind on their payments, resulting in massive hits to their credit scores. About 29% of borrowers — or 5.4 million people — were delinquent on ...
FHFA’s announcement allowing for lender choice is placing pressure on FICO shares, with investors increasingly concerned about the Bozeman, Montana-based company losing both pricing power and a ...
The White House budget office is telling federal agencies to prepare plans for mass firings during a possible government shutdown. The move would represent a substantial escalation beyond normal ...
Treasury yields rose as US gross domestic product grew in the second quarter at the fastest pace in nearly two years. Jobless claims data showing companies remain reticent to lay off workers also ...
The US economy grew in the second quarter at the fastest pace in nearly two years as the government revised up its previous estimate of consumer spending. Inflation-adjusted gross domestic product, ...
Investors are using generative AI chatbots to answer their financial questions—with mixed and sometimes damaging results, two recent reports found. Nineteen percent of the respondents in a survey by ...
Prudence, 67, and two of her half-siblings—Elisabeth, 57, and James, 52—agreed to cede their stakes and receive $1.1 billion each as part of the settlement. The trio are now worth about $3.9 billion ...
“The index has changed significantly from the 80s, 90s and 2000s,” Subramanian, BofA’s head of equity and quantitative strategy, wrote. “Perhaps we should anchor to today’s multiples as the new normal ...