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Doing taxes isn’t exactly easy, and “tax deduction” brings to mind piles of receipts and complicated calculations, just to save a few bucks. Here’s the good news: You don’t need to itemize deductions to take advantage of valuable tax breaks and reduce your taxable income. Every year at tax time, you need to choose between claiming the standard deduction and itemizing your deductions. Most of us take the standard deduction because it’s easier — and for most people, it’s a better deal right now. But here’s what a lot of people don’t realize: Even if you don’t itemize, the IRS…
picture alliance / Getty Images Intel’s stock was the S&P 500’s top performer this week after the chipmaker named a new CEO. The company announced Wednesday that veteran semiconductor executive Lip-Bu Tan will be its new CEO, effective March 18. The appointment also follows speculation about deal talks, with Reuters reporting TSMC approached other chip firms about forming a joint venture to run Intel’s foundry. Intel’s (INTC) stock was the S&P 500’s top performer this week after the chipmaker named a new CEO amid speculation about the future of its foundry business. The company announced Wednesday that Lip-Bu Tan, the…
DenisTangneyJr / Getty Images/iStockphoto The cost of living is widely different across the United States, where being “rich” in one state might mean tough living in another. “Rich” is a subjective term, and the place you live in has a lot to do with whether you can consider yourself truly wealthy. Explore More: Here’s the Minimum Salary Required To Be Considered Upper-Middle Class in 2025 Consider This: These 10 Used Cars Will Last Longer Than an Average New Vehicle To get an idea of what it looks like to be rich in America, GOBankingRates used census data to conduct a…
On Thursday, House Judiciary Chair Jim Jordan (R-OH) sent letters to 16 American technology firms, including Google and OpenAI, asking for past communications with the Biden administration that might suggest the former president “coerced or colluded” with companies to “censor lawful speech” in AI products. The Trump administration’s top technology advisors previously signaled they would pick a fight with Big Tech over “AI censorship,” which is seemingly the next phase in the culture war between conservatives and Silicon Valley. Jordan previously led an investigation into whether the Biden administration and Big Tech colluded to silence conservative voices on social media platforms.…
How To Put $100 In Your Retirement Fund Each Month With Equity Residential Stock Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Equity Residential (NYSE:EQR) is focused on the acquisition, development and management of residential properties located in and around dynamic cities that attract affluent long-term renters. It will report its Q1 2025 earnings on April 22. Wall Street analysts expect the company to post EPS of $0.96, up from $0.93 in the year-ago period. According to data from Benzinga Pro, quarterly revenue is expected to be $764.02 million, up from…
(Bloomberg) — Canadian Conservative Leader Pierre Poilievre said Mark Carney should have been fired when he was governor of the Bank of England, arguing that the new Canadian prime minister’s economic record isn’t as strong as he presents it. Most Read from Bloomberg Poilievre, speaking to reporters hours after Carney was sworn in as Canada’s new leader, said Carney had acted as an “unreliable boyfriend” while leading the central bank from 2013 to 2020. That’s a reference to a quote from British lawmaker Pat McFadden, who criticized Carney over a decade ago for not following through after signaling plans to…
Source: TradingView.com Meta Platforms shares jumped on Friday amid a broader market rally, after logging their biggest one-day drop since July the previous session. Meta is the only member of the Magnificent Seven group of mega-cap technology stocks to be in positive territory so far this year. Investors should watch major support levels on Meta’s chart around $535 and $460, while also monitoring crucial resistance levels near $635 and $740. Meta Platforms (META) shares jumped on Friday amid a broader market rally, after logging their biggest one-day drop since July the previous session. The social media giant’s stock has come…
As businesses race to replace humans with AI “agents,” coding assistant Cursor may have given us a peek at the attitude bots could bring to work, too. Cursor reportedly told a user going by the name “janswist” that he should write the code himself instead of relying on Cursor to do it for him. “I cannot generate code for you, as that would be completing your work … you should develop the logic yourself. This ensures you understand the system and can maintain it properly,” janswist said Cursor told him after he spent an hour “vibe” coding with the tool.…
(Bloomberg) — Klarna Group Plc filed publicly for a US IPO in what could be one of the year’s biggest financial company listings. Most Read from Bloomberg The Stockholm-founded digital payments company’s revenue climbed 24% last year. Klarna had net income of $21 million on revenue of $2.81 billion for 2024, compared with net loss of $244 million on revenue of $2.28 billion a year earlier, according to its filing Friday with the US Securities and Exchange Commission. Klarna filed confidentially for the initial public offering in November. Klarna is seeking to raise at least $1 billion in the IPO…
Revenue: US$95.5m (down 37% from FY 2023). Net loss: US$48.2m (loss narrowed by 52% from FY 2023). US$2.70 loss per share (improved from US$4.85 loss in FY 2023). NYSE:SKLZ Earnings and Revenue Growth March 15th 2025 All figures shown in the chart above are for the trailing 12 month (TTM) period Revenue missed analyst estimates by 4.7%. Earnings per share (EPS) also missed analyst estimates by 13%. Looking ahead, revenue is forecast to grow 8.7% p.a. on average during the next 3 years, compared to a 9.7% growth forecast for the Entertainment industry in the US. Performance of the American…