Mike Khouw talks GameStop options getting a boost on Roaring Kitty’s post. Source link
Author: usaeverydaylife
The Mega Millions jackpot has climbed to $1.15 billion ahead of Friday’s drawing, making it the fifth-largest prize in the game’s history.But how much you would actually take home could be less than half that, depending both on your choice of payout and how much you would owe in federal and state taxes.Everyone owes federal taxes on lottery winnings. While an automatic 24% is withheld upfront, you would almost certainly owe a total of 37% when filing your 2024 tax return, as winning a billion dollars would put you in the top tax bracket.State taxes on lottery winnings in the…
Piles of coal at Rizhao port in China’s Shandong Province on Nov. 2, 2021.VCG | Visual China Group | Getty ImagesChina’s industrial profits extended declines to a fourth straight month, dropping 7.3% in November from a year earlier, signaling that Beijing’s stimulus measures have yet to meaningfully stem the slide in corporate earnings.Profits slumped 10% year on year in October following a 27.1% plunge in September — their steepest drop since March 2020 according to Wind information. Industrial profits are a key indicator of the financial well-being of factories, utilities and mines in China. The earnings show how business balance sheets…
Carter Worth, Worth Charting, joins ‘Fast Money’ to talk the technicals on Dollar Tree. Source link
If you still have money in a flexible spending account, the clock is ticking.Last year during open enrollment, you may have elected to fund an FSA with pre-tax dollars that you can spend on eligible medical expenses, such as doctor’s visit copays, dental procedure fees or prescription drugs.Generally speaking, you have until the end of the year to spend the money in your account or you lose it. That means if you had fewer medical expenses this year than you thought, you may be sitting on a pile of cash that will disappear if you don’t figure out a way…
Much of the European semiconductor industry may be “circumspect” on the outlook for 2025, but Bernstein sees good entry spots within the sector to play in the year ahead. “While continued strong China demand has driven [wafer fab equipment] to grow an estimated 10% in 2024, our latest outlook expects a flat-ish 2025 and a return to growth (+8%) only in 2026,” the investment bank’s analysts wrote in a Dec. 18 note. WFE is the equipment used to make semiconductor wafers for integrated circuits. Here are two of Bernstein’s top stock picks for the theme. BE Semiconductors BE Semiconductor Industries…
The final trades of the day with CNBC’s Melissa Lee and the Fast Money traders. Source link
Manonallard | E+ | Getty ImagesMany Americans are capping off the holidays with new debt balances.This season, 36% of American consumers took on holiday debt, according to a new survey from LendingTree.Those who racked up balances this season took on an average of $1,181 in debt, up from $1,028 in 2023. However, that is still down from $1,549 in 2022, LendingTree found.Less than half — 44% — of the people who took on debt expected to acquire those balances, a sign that this holiday season is still financially challenging for many people, according to Matt Schulz, chief credit analyst at…
Train loaded with coal ready to leave a coal mine belonging to China Energy Investment Corporation on Jan. 14, 2023 in Ejin Horo Banner, Ordos City, Inner Mongolia Autonomous Region of China.Wang Zheng | Visual China Group | Getty ImagesAsia-Pacific markets are set to open higher on Friday, as some markets return from the Boxing Day holiday and investors eye a slew of economic data in the region.Australia’s S&P/ASX 200 traded 0.49% higher as trading resumed after Christmas and Boxing Day holidays.Japan’s Nikkei 225 futures pointed to a stronger open for the market, with the futures contract in Chicago at…
CNBC guest trader Julie Biel shares her 2025 small cap picks. Source link
