Business

Ariel Skelley | Getty Images You must ‘itemize’ to claim the charitable deduction When filing your return, you reduce your taxable income by subtracting the greater of either the standard deduction or your total itemized deductions — which may include charitable donations.  Signed in 2017, former President Donald Trump’s signature …

Bob Iger, chairman and chief executive officer of The Walt Disney Company, pauses while speaking during an Economic Club of New York event in Midtown Manhattan on October 24, 2019 in New York City. Drew Angerer | Getty Images For nearly three years, Bob Chapek had a plan at Disney: …

Housing under construction in Atlanta, Georgia, on Sunday, Nov. 13, 2022. Elijah Nouvelage | Bloomberg | Getty Images Home sales have dropped for nine straight months, driven by surging mortgage rates, and now investors are pulling back even more than traditional homebuyers. Investor home purchases dropped just over 30% in …

Trader on the floor of the NYSE Source: NYSE Here are the most important news items that investors need to start their trading day: 1. For the birds There are still two more trading days until Thanksgiving, but things are already slowing down on Wall Street. Stocks slid during a …

A woman browses a merchandise shop in Tokyo Dome ahead of the Japan Central League baseball match between Yomiuri Giants and Hiroshima Carp on October 14, 2020 in Tokyo, Japan. Carl Court | Getty Images Sport | Getty Images Sports commerce platform Fanatics is expanding a recently signed long-term partnership …

A Best Buy store is seen in Los Angeles, California, U.S., March 13, 2017. Lucy Nicholson | Reuters Best Buy on Tuesday surpassed Wall Street’s expectations for quarterly earnings, as demand for big-ticket consumer electronics held up despite inflation. The consumer electronics retailer, which had cut its forecast this summer, …

Howmet Aerospace Inc: “I think aerospace exposure is incredibly important, and Howmet will give it to you.” UiPath Inc: “I actually believe in the company, but that company is losing money. … I am not going to compromise and suggest a company that is losing money.” Coupa Software: “They’ve been …

CNBC’s Jim Cramer said Monday that stocks in the benchmark S&P 500 will likely rally next month. “The charts, as interpreted by the legendary Larry Williams, suggest that the Santa Claus rally is coming to town next month and you’ve got to get ready for it, or else you may …

Omar Marques | LightRocket | Getty Images DraftKings said Monday there is no evidence the online betting platform’s systems were breached following a report that some users were hacked. An unknown number of users discovered unusual activity associated with their DraftKings account that led to withdrawals from their bank accounts, …

Aerial view of the Diablo Canyon, the only operational nuclear plant left in California, due to be shutdown in 2024 despite safely producing nearly 15% of the state’s green electrical energy power, is viewed in these aerial photos taken on December 1, 2021, near Avila Beach, California. George Rose | …