Halfpoint Images | Moment | Getty Images Consumers no longer have to wait to file their annual tax returns to get a tax break for the purchase of a new electric vehicle. At the start of 2024, the federal “new clean vehicle” tax credit became available as a point-of-sale discount […]
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Betting on the Super Bowl? ‘You gotta pay the piper’ on your winnings, says tax expert
If you’re betting on the Super Bowl on Sunday, think twice about your plans for the winnings. Nearly half of it could be owed as taxes, which could put you in a tough spot if you spend it all ahead of filing your 2024 tax return. All gambling winnings are […]
How the NFL is transforming the media business with streaming
The NFL isn’t just the most popular sports league in the U.S., it’s also the most valuable with the highest-rated programming and the priciest ad time. In 2021 the league signed an estimated $110 billion worth of media deals covering 11 years, which reportedly was nearly double the value of […]
Costco has replaced Trader Joe’s as America’s favorite supermarket
Trader Joe’s has lost the top spot as America’s favorite supermarket chain. That’s according to the annual American Customer Satisfaction Index Retail and Consumer Shipping Study. Despite receiving the same score it got in 2023, the Monrovia, Calif.-based supermarket is now in fourth place behind the three chains tied for […]
Why millennials’ retirement outlook may be worse than those of older generations
JGI/Jamie Grill | Blend Images | Getty Images Millennials’ retirement prospects seem rockier than those of older generations of Americans. That’s largely a function of long-term policy changes such as a later age for full Social Security benefits and a shift to 401(k)-type plans, longer average lifespans and a bigger […]
Putin hints at swapping detained Wall Street Journal reporter for Russian prisoner
U.S. journalist Evan Gershkovich, who was detained in Russia on spying charges, is escorted out of the Lefortovsky Court building in Moscow on Jan. 26, 2024. Alexander Nemenov | Afp | Getty Images Russian President Vladimir Putin said “an agreement can be reached” over the release of detained Wall Street […]
Pakistan’s ex-PM Nawaz Sharif declares victory in fraught election as opponents claim vote rigging
Campaign posters for Nawaz Sharif, Pakistan’s former prime minister, along a street ahead of Pakistan’s national election in Lahore, Pakistan, on Friday, Feb. 2, 2024. Bloomberg | Bloomberg | Getty Images Pakistan’s former Prime Minister Nawaz Sharif declared victory on Friday in the country’s 2024 General Election, one that many […]
OpenAI CEO Sam Altman seeks as much as $7 trillion for new AI chip project: Report
Sam Altman, CEO of OpenAI, at the Hope Global Forums annual meeting in Atlanta on Dec. 11, 2023. Dustin Chambers | Bloomberg | Getty Images OpenAI CEO Sam Altman is seeking trillions of dollars in investments to overhaul the global semiconductor industry, The Wall Street Journal reported. Altman has long […]
What Travis Kelce’s mom texts him the night before a big game: ‘I go back and get a little nostalgia’
If you avoid putting undue pressure on your kids, you can help them build the confidence they need to become successful adults. Donna Kelce knows that better than most. She’s the mother of two NFL champions, and her son Travis will play in the Super Bowl on Sunday as his […]
Inflation in December was even lower than first reported, the government says
People shop in a supermarket in the Manhattan borough of New York city on January 27, 2024. Charly Triballeau | AFP | Getty Images The prices consumers pay in the marketplace rose at an even slower pace than originally reported, according to closely watched revisions the government released Friday. Updates […]