Ryanjlane | E+ | Getty Images As the new year kicks off, some workers could see a slightly bigger paycheck due to tax bracket changes from the IRS. The IRS in November unveiled the federal income tax brackets for 2024, with earnings thresholds for each tier adjusting by about 5.4% […]
CNBC News
Mark Cuban says ‘good businesses’ embrace diversity: ‘The loss of DEI-phobic companies is my gain’
Mark Cuban says smart businesses embrace diversity, equity and inclusion. That’s a stance at odds with some recent high-profile skepticism of the organizational framework from fellow billionaires Elon Musk and Bill Ackman. “Let me help you out and give my thoughts on DEI,” Cuban told Musk on X, formerly known […]
AG wants Trump banned from New York real estate business for life, fined $370 million in fraud case
Former U.S. President Donald Trump attends the trial of himself, his adult sons, the Trump Organization and others in a civil fraud case brought by state Attorney General Letitia James, at a Manhattan courthouse, in New York City, U.S., October 3, 2023. Shannon Stapleton | Reuters The New York attorney […]
Why workers’ raises are smaller in 2024 — and may not go up from here
Ezra Bailey | The Image Bank | Getty Images Workers are poised to get smaller raises in 2024 — and their annual pay bumps are unlikely to increase again anytime soon amid a cooler job market, labor experts said. U.S. companies plan to give salary increases of 4%, on average, […]
Florida wins first FDA approval to import cheaper drugs from Canada
Pharmacist Thomas Jensen, looks over a prescription drug at the Rock Canyon pharmacy in Provo, Utah, May 9, 2019. George Frey | Reuters The Food and Drug Administration on Friday approved Florida’s plan to import cheaper prescription drugs from Canada, a first-in-the-nation move that could reduce costs for Americans but […]
Jobless rate for Black Americans declines to 5.2% to end 2023 on a positive note
A networking and hiring event for professionals of color in Minneapolis, MN. Michael Siluk | Getty Images The unemployment rate for Black Americans fell significantly in December, closing out 2023 on a positive note, according to data released Friday by the Department of Labor. Black Americans, the group with the highest […]
10-year swings back above 4% after December jobs report
Treasury yields moved in mixed directions on Friday as traders weighed the U.S. economic outlook following the latest nonfarm payrolls data release. The yield on the 10-year Treasury was up 3 basis points at 4.019%, crossing back above the key 4% level. It had retreated earlier in the morning. The […]
Cryptocurrency investors eagerly awaiting SEC ruling on bitcoin ETFs
Omar Marques | Lightrocket | Getty Images Crypto investors are eagerly awaiting an imminent ruling from the SEC that will likely approve the trading of a spot bitcoin ETF, more than a decade after initial attempts were rejected. 13 companies have filed for a spot bitcoin ETF: Grayscale Bitcoin Trust […]
Blank Street Coffee relied on low costs to grow — now it’s betting on subscriptions
Blank Street Coffee’s shops have taken over New York City as they lure in customers with cheap lattes and cold brew. Now the upstart chain aims to attract even more consumers who want to slash their coffee budgets through a subscription program. The Blank Street Regulars program, which opened to […]
This is the No. 1 state Americans moved to in 2023—it’s not Florida
People all over the country are making big moves, whether it’s to a major city for a new job or simply to wherever they can get more bang for their buck. U-Haul recently released its Growth Index, which highlights the U.S. states that saw the largest number of movers in […]