Job openings slumped to their lowest level in 3½ years in July, the Labor Department reported Wednesday in another sign of slack in the labor market.The department's closely watched Job Openings and Labor Turnover Survey showed that available positions fell to 7.67 million on the month, off 237,000 from June's...
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Top Wall Street analysts are bullish on these 3 dividend-paying stocks
With the Federal Reserve expected to cut interest rates in September, dividend-paying stocks could be set to outperform.That is because the dividend yields on these names will look more attractive compared to the returns offered by other income-generating assets, including bonds.Given the vast universe of companies paying dividends, it could...
China’s first global gaming hit sells millions in a week. An early investor shares what’s next
People walk past the image of the 'Monkey King' character, or 'Sun Wukong' of Chinese action role-playing game 'Black Myth: Wukong', developed by Chinese video game company Game Science, during its launch day in Hangzhou, in eastern China's Zhejiang province on August 20, 2024.Str | Afp | Getty ImagesBEIJING –...
How the Inflation Reduction Act sparked a manufacturing and clean energy boom in the U.S.
Monica Muñoz, top, and Denise Denning place black encapsulation material on solar panels at Elin Energys solar panel manufacturing facility on Thursday, April 25, 2024 in Brookshire. Brett Coomer | Hearst Newspapers | Getty ImagesThe Inflation Reduction Act has sparked a manufacturing boom across the U.S., mobilizing tens of billions of...
The IRS has a method of ‘last resort’ to collect overdue taxes: Revoking your passport
Grace Cary | Moment | Getty ImagesTravelers, be warned: The federal government may revoke your passport if you ignore a big tax bill.Such punishments have become more frequent in recent years, experts said.Federal law requires the IRS and Treasury Department to notify the State Department if an American has a...