Altria Group expects improved second-half earnings by leveraging a U.S. tobacco tax rebate tied to increased exports, as the Marlboro maker seeks new avenues for growth in a shrinking cigarette market.
While Roth accounts dominate the retirement planning conversation, a closer look at current tax laws and long-term income strategies reveals a compelling case for prioritizing pre-tax contributions. We examine the data with an expert and explore what gold's historical returns tell us about diversification.
Uber's strategic investment in self-driving startup Waabi, founded by its former AI chief, signals a major push into robotaxis. The $1 billion deal underscores Uber's sprawling portfolio of over 20 AV partnerships, raising questions about its 'bet-on-everything' approach in the high-stakes race for autonomy.
A scheduled increase in the taxable wage base for Social Security will impact earnings up to $184,500 next year, altering tax liabilities for higher earners and potentially widening the retirement savings gap for millions.
Autonomous driving leader Pony AI partners with premium mobility provider Beijing ATBB, aiming to deploy its seventh-generation robotaxis in top-tier cities and key travel hubs, marking a significant step in China's driverless commercialization push.
A pivotal week in business saw Tesla's long-awaited robotaxis begin operations without safety drivers, signaling a new phase in autonomous mobility. Meanwhile, Greg Abel's early moves at Berkshire Hathaway hint at a potential strategic shift, and a push for tokenized, round-the-clock stock trading raises questions about the future of finance.
Official figures reveal a sharp 26% increase in the annual cost of public sector pensions, now reaching £39bn, with taxpayers covering the bulk of the expense as employer contribution rates rise.
A quirk in the UK tax system means those earning between £100,000 and £125,140 face an effective 60% marginal tax rate, while also losing crucial childcare benefits. We examine the growing trap and the financial planning strategies to navigate it.
Ford Motor Co. disclosed a significant non-cash charge tied to its global pension plans, though the automaker emphasized the impact is isolated to its accounting and won't affect operational earnings or near-term cash flow.
Facing declining core automotive revenue, Tesla announces a radical strategic shift, halting production of flagship luxury models to fund a massive push into robotics and autonomous vehicles. Investors are left weighing ambitious promises against a backdrop of financial strain.
The UK's economic recovery faces a significant drag from recently implemented fiscal tightening, with growth forecasts remaining subdued for the coming year, according to a leading economic forecaster.
As H&R Block prepares to report its fourth-quarter results, investors are weighing its consistent history of surpassing revenue estimates against a challenging discretionary spending environment and recent stock pressure.
Prosecutors and a media coalition are challenging the defense's push to seal court documents in the high-profile case against accused assassin Tyler Robinson, igniting a fierce debate over public access and a fair trial.
Elon Musk reframes Tesla ownership as a potential income source, proposing an 'Airbnb-for-cars' model where private vehicles join an autonomous ride-hailing fleet, offsetting ownership costs.
With a midnight deadline looming, Congress remains gridlocked, pushing the federal government toward a partial shutdown. While economists predict minimal macroeconomic damage from a brief closure, the disruption to services and federal workers' paychecks will be felt immediately.
The parent company of numerous restaurant chains will be removed from the Nasdaq exchange on February 4, transitioning to high-risk over-the-counter trading after failing to meet listing requirements.
A new report reveals a staggering 67% of purchased sales software features go unused, spotlighting a critical disconnect between tech spending and revenue impact. As IT budgets swell, C-suite leaders are urged to shift from measuring adoption to calculating true dollar-for-dollar returns.
Three years after securing $1.3 billion in state incentives, Volkswagen-backed Scout Motors' planned electric vehicle factory faces mounting public costs amid wetland mitigation and inflation, raising questions about risk allocation.
As Verizon Communications navigates a $29 million ESOP share registration and heightened regulatory scrutiny of its $20 billion Frontier fiber acquisition, analysts are increasingly framing the telecom giant as a high-yield, bond-proxy utility. With heavy debt and dividend commitments constraining flexibility, the company's strategic moves are being watched for signs of how it will balance growth with its new, more regulated profile.
In a new court filing, Hunter Biden's legal team moves to dismiss a contempt motion brought by the mother of his 7-year-old daughter, arguing his relationship with the child is legally irrelevant and denying violations of their 2023 support agreement.
