U.S. Treasury Secretary Janet Yellen outlines the improvements the IRS will deliver to taxpayers in 2024, during remarks at IRS Headquarters in Washington on Nov. 7, 2023.Kevin Lamarque | Reuters1. Expanded taxpayer serviceYellen said the agency made a "tremendous leap forward" during the 2023 tax filing season by significantly reducing...
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Food-delivery startup Wonder Group gets $100 million investment from Nestle
Food-delivery company Wonder Group has gotten a cash infusion from Nestle, as the startup looks to sell high-tech kitchen equipment and prepared ingredients to businesses such as hotels, hospitals and sports arenas.The deal includes a $100 million investment from Nestle, along with a strategic partnership, according to sources familiar with the...
Top Wall Street analysts say buy these dividend stocks for enhanced returns
A Citibank sign in front of one of the company's offices in California.Justin Sullivan | Getty ImagesThe ongoing market volatility continues to add to investors' woes, making it difficult for them to pick the right stocks. However, it is always better to have a longer-term investment horizon and look for...
UBS shares rise 3% as market focuses on strong underlying profit
A logo of Swiss bank UBS is seen in Zurich, Switzerland March 29, 2023. Denis Balibouse | ReutersUBS shares climbed on Tuesday morning after the Swiss banking giant resoundingly beat expectations for underlying profit.The bank recorded an underlying operating profit before tax of $844 million, well ahead of consensus expectations. UBS...
Fed’s Goolsbee says ‘golden path’ of a huge drop in inflation without a recession is still possible
Chicago Federal Reserve President Austan Goolsbee said Tuesday a soft landing is still on the table as the central bank seeks to combat inflation without hurting the economy significantly."Because of some of the strangeness of this moment, there is the possibility of the golden path ... that we got inflation down...