Income

(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 …

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 …

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 …

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 …

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 …

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 …

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 …