Georgijevic | E+ | Getty ImagesIf you’re scrambling to file your taxes, you could miss another key due date on April 15: the first-quarter estimated tax deadline for 2025. Typically, quarterly payments apply to income without tax withholdings, such as self-employment earnings, rental income, interest, dividends or gig economy work. Similarly, retirees and investors “frequently need to make these payments,” the IRS said in a news release last week. The first-quarter deadline for 2025 “could be a surprise” if you’re newly self-employed or recently started contract work, said Misty Erickson, tax content manager at the National Association of Tax Professionals. More from Personal…
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U.S. President Donald Trump attends a cabinet meeting at the White House in Washington, D.C., U.S., April 10, 2025.Nathan Howard | ReutersA group of five small businesses on Monday sued President Donald Trump, seeking to block new tariffs that he has imposed on foreign imports in recent weeks.The lawsuit in the U.S. Court of International Trade alleges that Trump has illegally usurped Congress’ power to levy tariffs by claiming that trade deficits with other countries constitute an emergency.The Liberty Justice Center, which is representing the owner-operated companies, said Trump’s so-called Liberation Day tariffs of at least 10% on import from…
The Athletic has live coverage of the 2025 WNBA Draft.Two Sundays ago, Paige Bueckers and Sue Bird gathered inside Amalie Arena in Tampa, Fla., as different points in their lives were celebrated.Bueckers led a courtside coronation. The Huskies blew out South Carolina to win UConn’s first national championship in nine years. With the souvenir net draped around her neck after her final college game, Bueckers said she felt an overwhelming sense of joy and gratitude.Bird also appeared grateful for her moment in the spotlight. She was present, in part, to co-host an alternate ESPN telecast with her best friend and…
Key PointsThe scale of U.S. dollar declines and euro gains amid tariff-induced market chaos has caught some market players off-guard.With investors broadly exiting U.S. assets, questions remain over whether a pull-back lies ahead. The euro has benefited from an alternative safe haven status, buoyed by longer-term expectations of German fiscal spending and the euro area’s current account surplus.Amid the madness of financial markets over the last two weeks, one particular move has caught many investors off guard — the sharp fall of the U.S. dollar and gains for the euro. The U.S. dollar index has plunged to a three-year low…
Tariff-related headlines have roiled stocks since President Donald Trump’s initial surprise rollout, and investors shouldn’t let their guard down, according to Morgan Stanley. “Investors should prepare to be fooled many more times,” the firm’s strategists led by Matthew Hornbach said in a note to clients titled “Fool Me Once, Shame On You. Fool Me Twice, Shame On Me.” “Hold your convictions loosely and keep your stops tight. If a master plan exists – e.g., offset the negative economic impact of tariffs with fiscal and monetary easing – it’s unlikely to work in the way the US administration envisions,” they said.…
Higher quality stocks with more achievable relative growth rates and earnings estimates could be investors’ best bets for hedging against mounting market uncertainty, according to Trivariate Research. Rising uncertainty stemming from President Donald Trump’s April 2nd “reciprocal” tariff rollout has plagued markets , with the S & P 500 suffering a four-day string of losses and then rebounding last Wednesday for its third-biggest one-day gain since World War II. Trivariate Research founder and CEO Adam Parker doesn’t see much relief for investors anytime soon, and he doesn’t anticipate an eventual “V-shaped” fundamental recovery, either. “We are less optimistic about the…
Republican Party headquarters is damaged in a fire in Albuquerque, New Mexico, U.S., in this handout image released on March 30, 2025.New Mexico GOP | Via ReutersThe Department of Justice on Monday said it charged a New Mexico man in connection with arson attacks in Albuquerque targeting a Tesla showroom and the state’s Republican Party headquarters.Albuquerque resident Jamison Wagner, 40, faces two federal counts of malicious damage or destruction of property by fire or explosives, the DOJ said in a press release.The arrest is the latest in a series of criminal cases filed in connection with attacks on Tesla properties,…
KNOXVILLE, Tenn. — Thursday evening, Tennessee’s quarterbacks gathered for an annual tradition, with Nico Iamaleava among them.On their off day ahead of Saturday’s spring game, Tennessee’s quarterbacks sat around the table at quarterbacks coach Joey Halzle’s home. His wife, Cara, made tacos. It was mostly business as usual, despite a report earlier in the day that returning starter Iamaleava was in negotiations for a new contract. He’d all but begun the era of school-affiliated collectives spending big money on recruits when he signed an $8 million deal with Tennessee as a high school senior for his name, image and likeness.A…
Emboldened by President Trump, Prime Minister Viktor Orban of Hungary on Monday escalated his culture war against what he calls “gender madness,” after his governing party voted to amend the Constitution to mandate that all Hungarians are either male or female.The amendment proposed by the government was endorsed by Parliament, where the prime minister’s Fidesz party has a large majority. It was the latest in a series of moves by Mr. Orban to rev up his conservative base and distract attention from economic problems and a surging opposition movement ahead of elections next year.“The international gender network must take its…
A trader works on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., April 11, 2025. Brendan Mcdermid | ReutersWild intraday gyrations in stocks since “liberation day” have put investors more on edge than ever, and the popularity of zero-day-to-expiration options is partly to blame.Zero-day-to-expiration options are contracts that expire the same day that they’re traded. The trading volume of 0DTE options tied to the S&P 500 surged to 8.5 million in April, a 23% jump since the beginning of the year and accounting for roughly 7% of the total volume in U.S. option markets, according to…
