After years of stock market growth, many investors are sitting on large profits in taxable accounts, which could trigger hefty capital gains when sold. That bill can be significant for wealthy Americans, with a 20% top capital gains rate, plus 3.8% net investment income tax, depending on earnings. One solution, known as a 351 conversion…
Check out the companies making headlines after hours: Intuit — Shares dropped roughly 6% even after the financial technology company reported fiscal fourth-quarter results that topped Wall Street’s expectations. Intuit reported adjusted earnings of $2.75 per share on revenue of $3.83 billion. Analysts polled by LSEG had expected earnings per share of $2.66 on revenue…
Dillon Gabriel’s “there’s entertainers, and there’s competitors” line after the Cleveland Browns’ Week 2 preseason game against the Philadelphia Eagles was initially received as him taking a shot at fellow Browns rookie quarterback Shedeur Sanders. However, Gabriel & Co. have insisted it wasn’t a shot at Sanders, rather it was the quarterback being confident in…
US President Donald Trump looks on as Alina Habba speaks during a swearing in ceremony as US Attorney General for New Jersey, in the Oval Office of the White House in Washington, DC, on March 28, 2025. Saul Loeb | Afp | Getty Images A federal judge on Thursday disqualified acting U.S. Attorney for New…
Federal Reserve Chair Jerome Powell is set to deliver what almost certainly will be his last keynote address at the central bank’s annual conclave during one of the most tumultuous times in its history. What’s at stake is the near-term sentiment for financial markets, the longer-term path of the Fed’s policy trajectory, and a not…
Elon Musk, CEO of SpaceX and Tesla, attends the Viva Technology conference at the Porte de Versailles exhibition center in Paris on June 16, 2023. Gonzalo Fuentes | Reuters Elon Musk’s Tesla is facing a federal probe by the National Highway Traffic Safety Administration after the U.S. auto safety agency found that the company was…
DAKAR, Senegal — Ghanaian singer Shatta Wale was taken into custody in connection with a U.S. fraud investigation tied to his luxury vehicle, authorities said Thursday. Ghana’s Economic and Organized Crime Office, EOCO, said Wale voluntarily appeared for questioning Wednesday as part of a U.S. government request to investigate the origins of his 2019 Lamborghini…
The NFL wants players to have fun within the rules. That’s why the league will be emphasizing sportsmanship and cracking down on violent and sexually suggestive gestures this season. “Unsportsmanlike gestures like simulating or either shooting a gun or brandishing a gun, or inappropriate gestures like a throat slash, or unfortunate sexual gestures, those were…
Stocks that have missed analysts’ expectations on both the top and bottom lines this earnings season could be good candidates to sell, according to Wolfe Research. For the most part, the second-quarter earnings season has blown away Wall Street expectations. Approximately 94% of the S & P 500 has already reported, and 82% of companies…
NEW YORK — Ciara will deliver a new bundle of joy on Friday, but it’s not the fifth child her husband publicly flirts with her about. “It’s time. Honestly, I’ve been working on this album for almost five years,” said the R&B-pop superstar. “I put a lot of blood, sweat, and tears, as they would…
