Democratic presidential candidate Vice President Kamala Harris arrives at Portsmouth International Airport in Portsmouth, New Hampshire, Sept. 4, 2024.Joseph Prezioso | AFP | Getty Images’We don’t make any changes until the law has passed’Currently, investors pay 0%, 15% or 20% for long-term capital gains, plus an extra 3.8% net investment income tax, or NIIT, once modified adjusted gross income, or MAGI, exceeds $200,000 for single filers or $250,000 for married couples filing together. Harris’ plan would also increase the NIIT to 5%, The Wall Street Journal reported Wednesday.Profitable assets owned for one year or less are subject to regular income…
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SAN ANSELMO, CALIFORNIA – JUNE 06: In this photo illustration, the Coinbase logo is displayed on a screen on June 06, 2023 in San Anselmo, California. The Securities And Exchange Commission has filed a lawsuit against cryptocurrency exchange Coinbase for allegedly violating securities laws by acting as an exchange, a broker and a clearing agency without registering with the Securities and Exchange Commission. (Photo Illustration by Justin Sullivan/Getty Images)Justin Sullivan | Getty ImagesCryptocurrency exchange Coinbase just wrapped up its worst week of the year. Bitcoin miner Marathon Digital tumbled 20%. A basket of crypto-related equities tracked by Schwab fell to…
KANSAS CITY, Mo. — Yeah … a toenail separated the Kansas City Chiefs and Baltimore Ravens as the final second ticked off the game clock in Thursday’s 2024 NFL regular-season opener.Ravens quarterback and reigning MVP Lamar Jackson directed an impressive 77-yard drive, and for a few moments, seemed to have tied the game as he delivered a pass that only tight end Isaiah Likely could catch in the back of the end zone. And Likely did seem to get both feet down to complete the would-be scoring play, prompting officials to signal “touchdown.”But film review revealed a smidgen of Likely’s…
The final trades of the day with the Fast Money traders. Source link
CNBC’s Jim Cramer on Friday discussed what to look out for next week on Wall Street, highlighting the launch of the new iPhone 16 from Apple, earnings from enterprise software company Oracle and a consumer price index reading. He also opined on the nature of September, saying it is usually a rough time for the market.”This is just a rather unforgiving moment until stocks go low enough to attract real buyers, not traders, and we get close to the end of September,” he said. “Until then, you can try your hand at being nimble on any rip up and do…
NEW YORK — When he is on a tennis court, Taylor Fritz does not want to see his friends. On Friday, on the biggest stage in the sport, he will be joined by one of his best ones — compatriot Frances Tiafoe — on the other side of the net in the semifinals of the U.S. Open.“I hate it,” Fritz said in an interview ahead of Wimbledon.“It’s tough to get into it when you’re playing a friend. I’ve had a good record in these matches, but it’s definitely uncomfortable.”Back then, Fritz and Tiafoe had no idea what was waiting for…
AES Corporation is positioned to lead the renewable energy buildout to support demand from data centers, with the company viewed as a key partner to tech companies scaling up artificial intelligence, according to Morgan Stanley. “AES remains well positioned to serve data center renewables demand, where it still sees robust interest and upward pressure to returns,” David Arcaro and a team of analysts told clients in a Friday note. Arcaro has a stock price target of $25 for AES, which implies nearly 50% upside from Thursday’s close of $16.94 per share. AES is viewed as a key partner for the…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailGregory Daco, chief economist at EY-Parthenon, joins ‘Fast Money’ to discuss what the August jobs report suggests about the economy, his expectations for the Fed, whether we are heading into a recession, and more. Source link
In this image from video provided by NASA, the unmanned Boeing Starliner capsule undocks as it pulls away from the International Space Station on Friday, Sept. 6, 2024.NASA | Via APBoeing’s Starliner undocked from the International Space Station on Friday, months later than the spacecraft was originally supposed to depart — and without the two astronauts that it delivered to orbit in early June.Instead, NASA test pilots Butch Wilmore and Suni Williams will stay at the ISS for the rest of the year and will return to Earth in February aboard SpaceX’s Dragon spacecraft.It left the space station at 6:04…
Alex Karp, CEO of Palantir Technologies, speaks at the World Economic Forum in Davos, Switzerland, Jan. 18, 2023.Arnd Wiegmann | ReutersDell and Palantir shares both surged about 7% in extended trading on Friday after S&P Global announced that the two technology companies would join the S&P 500 U.S. stock index.Palantir will take the place of American Airlines, and Dell is replacing Etsy, according to a statement.This won’t be Dell’s debut in the index. The computer and server maker was a constituent from 1996 to 2013, as founder Michael Dell and private-equity firm Silver Lake took the company private. Dell went…
