Christopher Waller, governor of the US Federal Reserve, during a Fed Listens event in Washington, D.C., on Friday, Sept. 23, 2022.Al Drago | Bloomberg | Getty ImagesFederal Reserve Governor Christopher Waller said Thursday he will need to see more evidence that inflation is cooling before he is willing to support...
Year: 2024
IRS aims to close ‘inequity gap’ for unpaid taxes. How the agency targets top earners for audit
IRS Commissioner Daniel Werfel testifies before the Senate Finance Committee on April 19, 2023.Chip Somodevilla | Getty ImagesThe IRS will continue to crack down on top earners who haven't paid taxes owed — and certain returns may see increased scrutiny, experts say."We are working to reverse the historically low audit...
FuboTV sues Disney, Fox, Warner Bros. over sports joint venture
Sports streaming platform FuboTV is suing Disney, Fox and Warner Bros. Discovery over their recently announced joint venture, citing what the company calls "extreme suppression of competition in the U.S. sports-focused streaming market," according to a copy of the lawsuit obtained by CNBC.The joint venture, announced earlier this month, aims...
Top Wall Street analysts like these 3 stocks for long-term growth
Inflation worries and concerns around the timing of the Federal Reserve's rate cuts have shaken the market, but attractive stocks are available if you know where to look.Wall Street analysts are ignoring the short-term noise to focus on picking stocks with strong fundamentals and long-term growth potential. Here are three stocks...
Barclays jumps 8.6% after announcing major strategic overhaul
LONDON - Nov. 5, 2020: Fog shrouds the Canary Wharf business district including global financial institutions Citigroup Inc., State Street Corp., Barclays Plc, HSBC Holdings Plc and the commercial office block No. 1 Canada Square.Dan Kitwood | Getty Images News | Getty ImagesLONDON — Barclays on Tuesday reported a fourth-quarter...