Drakula & Co. | Moment | Getty Images After a year of soaring prices, the IRS made annual inflation adjustments for dozens of tax provisions, including the federal income tax brackets for 2023, which may affect next year’s taxes, experts say. While the rates didn’t change, the brackets show the …
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Salt evaporation ponds seen on Bristol Dry Lake where Standard Lithium Ltd. is preparing to use Direct Lithium Extraction (DLE) technology to capture lithium from brine on November 30, 2022 near Amboy, California David Mcnew | Getty Images News | Getty Images There could be a surplus of lithium in …
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A firefighter battles flames during the Mosquito Fire near Michigan Bluff, California, US, on Wednesday, Sept. 7, 2022. Jen Osborne | Bloomberg | Getty Images Risky feedback loops that are accelerating global climate change may not be fully accounted for in current climate models, according to a recent study published …
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Two U.S. senators are less than impressed with Meta’s reported plans to open up its Horizon Worlds metaverse platform to users as young as 13 — so, they’re urging Mark Zuckerberg to reconsider. Over the weekend, Senators Ed Markey (D-Mass.) and Richard Blumenthal (D-Conn.) published excerpts from a letter they …
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Sundar Pichai, CEO of Google Inc. speaks during an event in New Delhi on December 19, 2022. Sajjad Hussain | AFP | Getty Images Google is warning employees that fewer of them will receive promotions to more senior levels this year than in the past. “The process is manager-led and …
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Michael Cannon-Brookes, co-CEO, Atlassian Scott Mlyn | CNBC Business-software maker Atlassian said Monday that it will lay off 500 employees, or around 5% of its workforce. Atlassian shares were up 1% in extended trading following the announcement. The technology industry has been contracting slightly in the past year after Covid …
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Millennials are the most likely generation to have more credit card debt than emergency savings, according to Bankrate’s “2023 Annual Emergency Savings Report.” About 45% of millennials (ages 27 to 42) and 44% of Gen Xers (ages 43 to 58) report owing more on their credit cards than the amount …
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Adamkaz | E+ | Getty Images Many Americans claim Social Security retirement benefits at the earliest age possible but see their monthly benefit checks reduced for life because they did so. Now, a bipartisan group of senators is proposing two changes to help encourage retirees to wait. The lawmakers include …
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Demonstrators in favor of canceling student debt gather outside the U.S. Supreme Court in Washington, D.C., on Feb. 28, 2023. Bloomberg | Bloomberg | Getty Images Keep your payments on hold The Covid pandemic-era policy suspending federal student loan payments and the accrual of interest is still active. The U.S. …
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WASHINGTON — U.S. Commerce Secretary Gina Raimondo said companies that voluntarily agree to forgo stock buybacks for five years will get preferential treatment when the agency doles out $52 billion authorized under the CHIPS and Science Act. Raimondo said stock buybacks is one factor being taken into consideration as part …
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