(Reuters) – State Street Corp on Friday beat profit estimates for the second quarter as the bank’s interest income benefited from the U.S. Federal Reserve’s policy tightening and assets under…
TOKYO (Reuters) -Japan’s government raked in record tax income last fiscal year, the finance ministry said on Monday, which could help Prime Minister Fumio Kishida’s ruling party forego the politically…
MURDOCK And DIAMOND: Trump Should Make Police Exempt From Federal Income Taxes Deroy Murdock and Joe Diamond on July 2, 2023 America set a tragic milestone, from January 1, 2020…
MADRID (Reuters) -Spain will reimburse up to 15% of income tax to people who buy an electric vehicle (EV) before the end of the year to encourage cleaner driving, Economy…
Supreme Court Will Decide If The Government Can Tax Income You Haven’t Received Yet Katelynn Richardson on June 26, 2023 The Supreme Court announced Monday it would take up a…
NEW YORK (Reuters) – Wells Fargo & Co expects an upside in net interest income going ahead, Chief Financial Officer Mike Santomassimo said on Tuesday. The bank had earlier issued…
(Reuters) – Bank of Montreal’s second-quarter profit jumped as higher interest rates shored up the lender’s net interest income, the Canadian bank said on Wednesday. Net income excluding one-off items…
(Reuters) – Russia’s finance ministry on Thursday outlined proposals to tax people working remotely from abroad for Russian companies at the standard income tax rate even if they lose their…
(Reuters) – International Flavors & Fragrances cut its annual sales forecast and reported a quarterly loss on Monday, compared with a year-ago profit, as soaring inflation raises its costs. The…
By Svea Herbst-Bayliss and Carolina Mandl BEVERLY HILLS (Reuters) – Prominent investors including hedge fund and private equity managers at a major industry conference say they are shying away from…
BERLIN (Reuters) – German consumer sentiment is set to pick up in May as moderating energy prices and expected wage increases help to dissipate households’ initial fears about a loss…
(Reuters) – U.S. Bancorp (USB) on Wednesday beat estimates for first-quarter profit as rapid rate hikes from the Federal Reserve helped the lender earn more from the interest charged on…
EXCLUSIVE: Oklahoma Gov Touts School Choice Amid Struggle In State Legislature, Calls For No Income Cap Reagan Reese on April 17, 2023 The Oklahoma House and Senate each have passed…
(Reuters) – State Street Corp reported a first-quarter profit on Monday that missed analysts’ estimates, hurt by a fall in fee income due to the recent U.S. banking crisis, sending…
(Reuters) – M&T Bank Corp beat Wall Street estimates for first-quarter profit on Monday, as the U.S. Federal Reserve’s rapid rate hikes to tame high inflation boosted the lender’s interest…
MINEOLA, NY – Cynthia Ciaccio, a 62-year-old West Hempstead resident, was arraigned Tuesday on charges of failing to pay income taxes between 2017 and 2020, resulting in over $49,000 in…
HONG KONG/SHANGHAI (Reuters) – Dealmakers at China International Capital Corp (CICC) will see bonuses slashed by as much as 40%, three sources said, in one of the financial sector’s biggest…
(Reuters) – BlackRock Investment Institute said on Monday it was downgrading credit and preferred short-term bonds for income, with strategists pointing to financial cracks from rapid interest rate hikes. “We…
(Reuters) -Corebridge Financial Inc reported a smaller-than-expected drop in its quarterly profit on Friday, supported by higher investment income from its base portfolio that more than offset the decline in…
By Marcela Ayres BRASILIA (Reuters) – Newly elected Brazilian President Luiz Inacio Lula da Silva is considering an income tax exemption for workers who earn two times the minimum wage,…
PARIS (Reuters) – President Emmanuel Macron’s plan to reform France’s costly pension system, including raising the retirement age, has infuriated trade unions who are calling for a second day of…
Damian Williams, the United States Attorney for the Southern District of New York, Michael J. Driscoll, the Assistant Director in Charge of the New York Office of the Federal Bureau…
WASHINGTON (Reuters) – The U.S. Internal Revenue Service said on Friday it would delay a new rule requiring more extensive reporting by gig workers and others who are paid through…