There have been a series of accidents over the last few months that can easily make you leery of autonomous cars, self-driving automobiles controlled by artificial intelligence. Waymo is a self-driving car company owned by Google’s parent, Alphabet. CNN reported on Wednesday, February 14th, that sometime at the end of 2023 in San Francisco a
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Balint Porneczi/Bloomberg | Getty Images LONDON — L’Oreal shares fell more than 7.3% in early deals Friday, before slightly paring losses, as the company reported lower-than-expected sales and pointed to a slowdown in demand in Asia. Shares in the stock had recovered slightly to trade down 7% by 8:20 a.m. London time. The world’s largest
The main house at Gordon Pointe spans 11,500 sq ft. The most expensive home for sale in the U.S. hit the market this week for $295 million. Gordon Pointe, as it’s called, is a roughly 9-acre compound in Naples, Florida, on the Gulf Coast, in an affluent enclave called Port Royal. The mega-listing includes a
If Bill Gates met a time traveler from the year 2100, his first question wouldn’t be about his family, or Microsoft’s stock price. Instead, he’d ask: Are humans thriving? “In the end, it’s all measured through human welfare,” Gates said on the most recent episode of his podcast, “Unconfuse Me.” In the episode, the billionaire
Jeff Bezos and Lauren Sanchez walk in the Paddock prior to final practice ahead of the F1 Grand Prix of Miami at Miami International Autodrome on May 06, 2023 in Miami, Florida. Clive Mason | Formula 1 | Getty Images Jeff Bezos’ $2 billion stock sale last week came with an added perk: no state
Artistgndphotography | E+ | Getty Images With tax season in full swing, the IRS has issued more than 2.6 million refunds worth about $3.65 billion, as of Feb. 2, the agency reported last week. So far, the average refund is $1,395, compared with $1,963 one year ago, which is roughly 29% smaller. However, since the
Image Source | Image Source | Getty Images As Americans file returns this season, some worry about IRS audits amid agency efforts to ramp up service, technology and enforcement. Recent IRS enforcement has targeted high-income individuals, large corporations and complex partnerships. But everyday filers could still face an audit — and certain issues are more
Violetastoimenova | E+ | Getty Images House lawmakers are weighing relief for a “marriage penalty” that impacts the federal deduction limit on state and local taxes, known as SALT. While the bill doesn’t have broad support, it could help shape future tax policy discussions, experts say. Enacted via the Republicans’ 2017 tax overhaul, there’s currently
(L to R) Brazil’s President Michel Temer, Russia’s President Vladimir Putin, China’s President Xi Jinping, South Africa’s President Jacob Zuma and India’s Prime Minister Narendra Modi pose for a group photo during the BRICS Summit on September 4, 2017. Wu Hong | Afp | Getty Images Millionaire population in the BRICS countries will see a
Younger generations grew their wealth much faster than older Americans after the pandemic began, thanks largely to stocks, according to a new study. The total wealth of Americans under 40 surged by 80%, to $9.5 trillion, between the first quarter of 2019 and the third quarter of 2023, according to a study by the New
IRS Commissioner Danny Werfel speaks at a Senate Finance Committee hearing in Washington, D.C., on April 19, 2023. Al Drago | Bloomberg | Getty Images After vowing to “substantially” reduce audits on a low-income tax credit in September, the IRS confirmed it’s taking steps to address the inequity. “We’ve announced a significant and dramatic reduction
Bill Ackman, Pershing Square Capital Management CEO, speaking at the Delivering Alpha conference in New York City on Sept. 28, 2023. Adam Jeffery | CNBC Pershing Square’s Bill Ackman is set to offer a new investment vehicle listed on the New York Stock Exchange, aiming to leverage his following among Main Street investors. The hedge fund
In this article NYCB Follow your favorite stocksCREATE FREE ACCOUNT The New York Community Bank (NYCB) headquarters in Hicksville, New York, US, on Thursday, Feb. 1, 2024. Bing Guan | Bloomberg | Getty Images Embattled lender New York Community Bank disclosed a litany of financial metrics in the past 24 hours in a bid to
In this article NVDA SMH AVGO Follow your favorite stocksCREATE FREE ACCOUNT Nvidia shares hit a fresh all-time high on Wednesday, and its gains may still be in the early innings, according to VanEck CEO Jan van Eck. Van Eck, whose firm runs the largest U.S. semi exchange-traded fund, points to a first-mover edge in
A coffee shop at Beijing Capital Airport shows customers can use Visa, Mastercard, the digital Chinese yuan and other payment methods. CNBC | Evelyn Cheng BEIJING — China is encouraging banks and local businesses to accept foreign bank cards and is considering other steps to make mobile pay for international visitors even easier, said Zhang
A passenger tries out a pair of Rokid AR glasses on a Hainan Airlines flight in China. Rokid BEIJING — Hainan Airlines this week started letting passengers on some routes use Rokid’s augmented reality glasses for free for in-flight entertainment, the tech startup announced Thursday. Chinese start-up Rokid claimed it’s the first time AR glasses
A bank employee count China’s renminbi (RMB) or yuan notes next to U.S. dollar notes at a Kasikornbank in Bangkok, Thailand, January 26, 2023. Athit Perawongmetha | Reuters BEIJING — Venture capitalists in China that once rose to fame with giant U.S. IPOs of consumer companies are under pressure to drastically change their strategy. The
A logo outside a Societe Generale SA bank branch in Paris, France. Bloomberg | Bloomberg | Getty Images Societe Generale on Thursday reported a sharp decline in fourth-quarter net profit on the back of weaker net banking income, but launched a new 280 million euro ($302 million) share buyback program. The French lender posted a
Pedestrians pass a JPMorgan Chase bank branch in New York. Michael Nagle | Bloomberg | Getty Images The three biggest American retail banks collected 25% less overdraft revenue last year as the companies, under pressure from regulators to cap the fees, created new ways for customers to avoid the penalties. JPMorgan Chase, Wells Fargo and
Sturti | E+ | Getty Images Leaks aren’t just a problem for pipes. Billions of dollars a year drip from the U.S. retirement system when investors cash out their 401(k) plan accounts, potentially crippling their odds of growing an adequate nest egg. The issue largely affects job switchers — especially those with small accounts —
In this article SMH Follow your favorite stocksCREATE FREE ACCOUNT Investors may want to consider putting money to work in a lagging part of the market. According to VanEck CEO Jan van Eck, oil stocks are getting a raw deal. “The [oil] supply is there. The companies are arguably the next best cash flowing companies
The Senate Judiciary Committee, under Democrat Dick Durbin and Republican Lindsey Graham, held a hearing Wednesday, January 31, that the Committee advertised as “the first time a group of Big Tech CEOs will testify on online child sexual exploitation.” The CEOs included Meta’s Mark Zuckerberg, TikTok’s Shou Chew, X’s Linda Yaccarino, Snap’s Evan Spiegel, and
A beautiful, high spirited, blazing bundle of positive and boundless energy Super-model, television host, author, philanthropist and much more, Simonetta Lein is like the energizer bunny. She is zealous about her career, exuberant about her accomplishments, and enthusiastic about her life in general. Originally from Italy, Simonetta relocated to the USA and within a very
“The Korean peninsula is dashing toward the cliff of a nuclear war,” says the North Korean government publication Rodong Sinmun. Here’s why. For 73 years, the goal of North Korea has been to swallow South Korea in a “peaceful reunification.” On Monday, January 15th, that changed. Forty-year-old North Korean dictator Kim Jong Un gave a speech
England’s Morrisons, a 470-store British supermarket chain, has tried something innovative but disturbing. In a few of its stores over the Christmas season, it installed a robotic intrusion detector designed to act as a night watchman on construction sites, in mines, and on farms. Morrisons tried this machine to detect, not trespassers, but shoplifters. The robotic
A new survey from LendingTree, the online loan comparison service, looked at accident rates of 30 auto brands and found that the brand with the most accidents per 1,000 drivers was Tesla. Other brands high on the list of accidents per 1,000 drivers were Dodge Ram and Subaru. When it came to driving incidents, a
In this article CI HUM Follow your favorite stocksCREATE FREE ACCOUNT Sopa Images | Lightrocket | Getty Images Shares of Cigna jumped Monday following reports that the health-care giant has scrapped its plans to buy rival Humana due to disagreements on price, putting an early end to what would have been one of the largest
In this article LLY Follow your favorite stocksCREATE FREE ACCOUNT Eli Lilly’s drug tirzepatide was approved for weight loss by the FDA. Courtesy of Eli Lilly Patients who took Eli Lilly‘s weight loss drug Zepbound regained around half the weight they shed after stopping the newly approved treatment for a year, according to data released
In Las Vegas, Lazaro Hernandez was a flamboyant, jet-setting poker player shown in televised tournaments with stacks of colorful chips. But the casually dressed gambler spotted on security cameras with wads of cash at the casino cage was hiding a secret life. And federal investigators say he was gambling with people’s lives. Hernandez, they say,
In this article ATUS Follow your favorite stocksCREATE FREE ACCOUNT Igor Golovniov | Lightrocket | Getty Images Altice USA is in talks to sell the financial news streaming service Cheddar News to LA-based private equity firm Regent LP, according to people familiar with the matter. No deal is assured and discussions around structure are still
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