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3 mins read

Attention! Here's what's changing with your PPF, F&O trading, and buybacks, starting today!

The interest rates on various small savings schemes were left unchanged by the Finance Ministry for…

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3 mins read

Warren Buffett wrote to Leon Cooperman about stock buybacks, taxing the rich, and the presidency. Here are the 3 messages, from Cooperman's new memoir

Buffett praised Cooperman for defending Henry Singleton and Teledyne, and joked he could "deliver N…

Theron Mohamed   


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Biden will revive the billionaire minimum tax and call for a big jump in stock buyback tax in his State of the Union speech

President Biden will call for the tax on corporate stock buybacks to quadruple in his State of the …

Zinya Salfiti   


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The Biden administration wants to quadruple taxes on stock buybacks

Goldman Sachs estimates there will be a record $1 trillion worth of corporate stock buybacks in 202…

Matthew Fox   


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Comprehensive review of the IT Act imminent in 6 months, notes revenue secretary

​​Malhotra explained the government's rationale behind this proviso, noting that buyback does not f…

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7 mins read

How a Trump or Harris presidency could impact your investments

BI compiled outlooks from top Wall Street strategists to get a clear picture of what potential Trum…

Matthew Fox   


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Consumers have spent all of their excess savings from the pandemic. That's just one reason why stocks are poised to fall, JPMorgan says

"Lower income cohorts are increasingly coming under pressure with fewer offsets and with little sig…

Matthew Fox   


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US stocks rise as Powell says inflation is falling, but warns of higher interest rates

"We will likely need to do additional rate increases," Powell said, adding that the disinflation pr…

Jennifer Sor   


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The Democrats have taken aim at the stock market's safety net by taxing buybacks - potentially creating another headwind for investors

The Democrats plan to put a 1% tax on share buybacks, as part of a deal to rescue Joe Biden's agend…

Harry Robertson   


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US stocks fall as bond yields jump to their highest level since November

So far, 63% of S&P 500 companies have reported fourth-quarter earnings results. Of those companies,…

Matthew Fox   


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All 50 Senate Democrats reach agreement on Manchin's Inflation Reduction Act, Schumer says, saving Biden's agenda

Senate Majority Leader Chuck Schumer on Thursday evening said Democrats reached an agreement on the…

Erin Snodgrass,Joseph Zeballo…   


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Warren Buffett's favorite investment won't be as appealing if lawmakers pass a 2% tax on stock buybacks

Buffett's Berkshire Hathaway, which spent $31 billion on share repurchases in the year to June 30, …

Theron Mohamed   


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4 mins read

Democrats saved Biden's agenda, but Sinema had her price: keeping a tax loophole for wealthy investors even Trump wanted gone

The past three presidents — including Trump — have tried to get rid of a tax loophole f…

Jacob Zinkula,Juliana Kaplan,…   


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10 things before the opening bell

AMC to accept crypto payments, Wall Street's big banks digital currency move, and NFT insider tradi…

Phil Rosen   


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1 min read

Dalmia Bharat board approves Rs 500-cr share buyback proposal

"The Board of Directors, at its meeting held on March 21, 2020, has approved buyback of the company…

PTI   


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TCS, Wipro, Infosys and peers may have to review share buyback plan as the new budget may take a bite out of it

TCS, Wipro, Infosys and other IT giants in India will have to rethink their payout strategy with Un…

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3 mins read

Warren Buffett and Joe Biden are bullish on America, agree the super rich should pay higher taxes, and want quarterly earnings guidance to end

"Warren Buffett said it best when he stated that he should not pay a lower tax rate than his secret…

Theron Mohamed   


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GOLDMAN SACHS: The fastest-growing part of the stock market will surge to a record next year

A big part of that forecast is the massive windfall of cash that internationally exposed companies …

Joe Ciolli   


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There's a billionaire hedge fund manager in the new Google CFO's Wall Street fanclub

While the stock has moved in our favor since initiating the position, we continue to be excited abo…

Julia La Roche