You Searched For "step up basis" and got 20 results
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3 mins read
A necessary step or government overreach? Economists are divided over Kamala Harris' plan to clamp down on food inflation
Kamala Harris unveiled a plan for the first ever federal ban on price gouging. Economic experts hav…
Filip De Mott
3 mins read
Trump's tariffs would eat up time and money at even the smallest business, Mark Cuban says
Mark Cuban has warned that Trump's sweeping tariffs would burden businesses, reignite inflation, an…
Theron Mohamed
4 mins read
A key phase in Biden's new student-loan forgiveness plan has wrapped up, bringing borrowers one step closer to relief. But pushback is brewing.
The public comment period for Biden's new student-loan forgiveness plan is over, meaning implementa…
Ayelet Sheffey
3 mins read
Biden's plan to tax billionaires relies on one simple fact: Average Americans pay more of their income in taxes than the wealthy
A famous report from two Berkeley economists shows how the wealthiest Americans pay a lower effecti…
Ben Winck,Madison Hoff
3 mins read
Democrats may leave a tax loophole billionaires love untouched. Closing it would dent the fortunes of Jeff Bezos and Elon Musk.
"Stepped-up basis" lets billionaires transfer assets without paying taxes. Closing it could help ra…
Joseph Zeballos-Roig,Ben Winck
4 mins read
My wife and I both work from home. I have a ton of fears about how remote work will impact my kids as they grow up.
Jeffery Smith, a parent who works from home, shared his thoughts and concerns about how the world o…
Charissa Cheong
2 mins read
De-dollarized payment systems are cropping up. Here's why they're unlikely to dent greenback dominance.
"The emergence of the technological capacity to drive de-dollarisation does not necessarily mean de…
Filip De Mott
3 mins read
Elon Musk's run as Twitter CEO comes to end, billionaire to step down in few weeks
Musk shared the development in a tweet on Friday, and said, "Excited to announce that I've hired a …
ANI
1 min read
Bank of England hikes interest rates 50 basis points as it battles to tame soaring inflation and prop up the plummeting pound
The UK's central bank is battling to prop up the pound, which has fallen to 37-year lows against th…
George Glover
1 min read
The Turkish lira plunges to its lowest level on record after central bank hikes interest rates by 650 basis points in inflation fight
Economists had expected an interest rate spike to 20%, while Goldman Sachs saw an increase to a sky…
Matthew Fox
1 min read
China's yuan continues to fall against the dollar despite Beijing's aggressive steps to prop up the currency
China's yuan has dropped all the way to a key psychological milestone that, if exceeded, could mean…
Phil Rosen
3 mins read
Bank of England hikes interest rates by an outsized 75 basis points for the first time in over 30 years
The UK central bank's biggest hike since 1989 brings the key interest rate to 3%, as it tries to co…
George Glover
4 mins read
Foreign investors up in arms as Sebi plans to shift to T+0 settlement
A move towards same day settlement on a split and optional basis raises concerns about dividing the…
3 mins read
Ambuja Cements Q1 profit up 31.2% to ₹1,135.46 cr; revenue up 8.4%
Ambuja Cements on Wednesday reported an increase of 31.2 per cent in consolidated net profit at Rs…
PTI
3 mins read
March CPI and the Fed's next steps in its inflation battle: Everything to know
Insider's Phil Rosen breaks down what to know as the latest inflation data comes out and how the Fe…
Phil Rosen
2 mins read
The stock market could soar 10% on Wednesday in the unlikely event that the Fed hikes rates by only 50 basis points, JPMorgan says
A double-digit rally would have the market testing its prior record one-day surge last seen in Octo…
Matthew Fox
2 mins read
The Fed is now more likely than not to slow rate hikes to 25 basis points by February following cooler-than-expected November inflation data
The Fed's plan to tackle inflation is working, which means it's likely to take its foot off the gas…
Carla Mozée
1 min read
Investors are raising the odds of a more dovish December rate hike of 50 basis points as the Fed says it will consider 'cumulative tightening' efforts
After the Fed's November rate hike, the CME FedWatch tool showed a 59% probability of a rate increa…
Carla Mozée
4 mins read
How to get abs fast: The 3-step guide to building a six pack, according to personal trainers
To get abs you need to incorporate more aerobic and core-strengthening exercises in addition to eat…
Allison Torres Burtka,Audrey Bowman
2 mins read
Global shares slide ahead of key US inflation report as central banks step up hawkish talk
The CPI data will be the last one the Federal Reserve sees before its May meeting. It is expected t…