Articles

Joe Biden proposes hitting Donald Trump with a $1 billion tax bill

The president has proposed a tax on unrealized capital gains for people worth more than $100 million. Who do we know who falls into that category?

Walmart shutting down health centers and telehealth service

Walmart Inc. said Tuesday that it is shutting down Walmart Health, which offered primary-care, lab and other services across 51 locations, as well as its telehealth service, Walmart Health Virtual Care.

Trump suggests tariffs could go higher than 10%. Why one economist is saying, ‘bonkers.’

Former President Donald Trump is going beyond his initial proposal of 10% tariffs on all imports, telling an interviewer that levies could climb higher if he wins the White House in November.

‘Probably everyone is interested in pursuing FIRE,’ says this single mom who retired at 49

Reaching FIRE is about more than budgeting and minimalism, says author Jackie Cummings Koski.

MicroStrategy explains why bitcoin is better than stocks, bonds or gold

MicroStrategy Inc. is still a business-analytics software company, but executives spent a lot more time on the post-earnings call with analysts talking about bitcoin, which the company adopted as its primary treasury reserve asset in 2020.

House Speaker Mike Johnson’s job looks safe as Democrats say they’ll block effort to oust him

Top House Democrats on Tuesday said they would block an effort to remove House Speaker Mike Johnson from his post.

Women should get regular mammograms starting at age 40, expert panel says

Women should get mammograms every two years from age 40 through 74, an independent panel of disease-prevention experts said in new recommendations issued Tuesday.

Seven bank-stock picks as industry nears ‘positive inflections’

Analysts at Oppenheimer expect large banks’ net interest income and investment-banking fees to rise.

Sliding yen stirs fear of China yuan devaluation that could rock global markets

Speculation about a potential devaluation of the Chinese yuan is intensifying as the Japanese yen falls to its weakest level against the U.S. dollar in decades.

BBVA wants to buy Sabadell in what could be a $10 billion-plus acquisition. Here’s why.

It was a case of déjà vu in Spain on Tuesday as Banco de Sabadell said it had been approached by bigger rival BBVA about a potential merger — more than three years after discussions between the two banks broke down.

Cocoa price plunges by nearly 30% in just two days as speculators bail out

Futures contract’s Tuesday decline eases by morning trading hours in New York.

Consumer confidence drops to 21-month low due to worries about food and gas prices

Consumer confidence fell in April for the third straight month and touched a 21-month low, a new survey showed, due to the high cost of food and gas and and fresh worries about the jobs market.
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