By TurboTax The Savers Credit gives a special tax break to low- and moderate-income taxpayers who are saving for retirement. Formerly called the Retirement Savings Contributions Credit, the Savers Credit gives a special tax break to low- and moderate-i…
Elon Musk Has Probably Downloaded His Brain into a Machine
By Luc Olinga Tesla CEO has promised to release a humanoid robot in September and to market it in 2023. Elon Musk is charismatic but also whimsical. Sometimes it’s hard to know if Tesla’s (TSLA) – Get Tesla Inc. Report chief executive officer is seriou…
With Recession Fears High, One Group of Investors Remains Optimistic
By Dan Weil Fund managers’ anticipation of recession is at the highest level since May 2020, early in the covid pandemic. With the S&P 500 having dropped 18% so far this year, experts are mixed as to whether there’s another shoe to drop or a rebound is…
7 Most Common Tax Questions Answered by a CPA
By TurboTax CPAs answer a range of your everyday tax questions about tax returns, deductions, personal finances, and more. For information on the third coronavirus relief package, please visit our “American Rescue Plan: What Does it Mean for You and a …
How Boeing Stock Can Rally 18% or More From Current Levels
By Bret Kenwell Boeing stock has been rallying nicely over the past month — and the rally may not be done just yet. Boeing (BA) – Get The Boeing Company Report stock has not had an easy year. To be fair, not many stocks have. But some investors may be…
From Illumina to Twist Bioscience, a Strong Dollar Is Bad News
By Maxx Chatsko Wall Street hasn’t fully digested what currency devaluation really means for biotech stocks. If the preliminary second-quarter 2022 earnings from 10x Genomics (TXG) – Get 10x Genomics Inc. Report are any guide, then investors are in for…
Formula E Shows Raw Power of Electric Vehicles
By Rob Lenihan Formula E electric vehicle races tests new technologies on the race track before they go public. The atmosphere is electric — in more ways than one. Anyone attending theABB Formula E electric vehicle race in New York on July 17 might ha…
GM Unveils New Weapon Against Tesla and Ford
By Luc Olinga Veteran carmaker GM introduces a new electric model to compete with two of Tesla and Ford’s best-selling models. General Motors (GM) – Get General Motors Company Report is pulling out all the stops to catch up with Tesla (TSLA) – Get Tesl…
Charlie Munger Not Worried About Inflation, Economy
By Ellen Chang Berkshire Hathaway’s Charlie Munger discussed his outlooks on the economy, oil, renewable energy and cryptocurrency after his recent personal investment in an Australian investment company. Billionaire investor Munger who has worked alon…
GM Makes Audacious Prediction in Tesla Rivalry
By Ellen Chang CEO Mary Barra predicts GM will outsell Tesla by 2025. (GM) – Get General Motors Company Report CEO Mary Barra makes a bold prediction that the automaker can outsell legacy electric vehicle manufacturer Tesla (TSLA) – Get Tesla Inc. Repo…