President Donald Trump is no stranger to big changes in tax policy, and one of his proposals is perhaps his most audacious yet: a proposed elimination of the federal income tax. While this hasn’t come to pass yet, it’s possible that he could try to find a way to make it work. Find Out: Trump Wants To Eliminate Income Taxes: Here’s What That Would Mean for the Economy and Your Wallet Read Next: 8 Common Mistakes Retirees Make With Their Social Security Checks Federal taxes take the biggest bite out of your ...

The U.S. Securities and Exchange Commission (SEC) has said it will not pursue enforcement action against investment advisers and registered funds that use state-chartered trust companies to custody crypto assets, providing temporary clarity in a sector that has long operated in regulatory uncertainty. In a letter issued on September 30, the SEC’s Division of Investment Management responded to a request from Simpson Thacher & Bartlett LLP on behalf of financial advisers. The letter confirmed that, for now ...

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Companies with a long history of paying dividends and consistently hiking them remain appealing to income-focused investors. Fifth Third Bancorp, Merck, and Duke Energy have rewarded shareholders for years and recently announced dividend increases. These companies currently offer dividend yields of up to around 4%. Fifth Third Bancorp Fifth Third Bancorp (NASDAQ:FITB) operates as the bank holding company f ...

DA Davidson analyst Lucky Schreiner keeps a Buy rating and $75 price target on Progress Software (PRGS) after its Q3 earnings beat. The company continues to execute well reporting another quarter of strength in the business benefiting from tailwinds to demand as customers adopt new AI capabilities and look to reduce IT complexity, and the firm continues to believe Progress can deliver strong inorganic growth while maintaining low organic growth and best-in class margins, the analyst tells investors in a re ...

DA Davidson lowered the firm’s price target on WillScot (WSC) to $35 from $40 and keeps a Buy rating on the shares. The company continues to face mixed demand trends with seasonal activity likely a larger headwind than previously modeled, though despite its earnings outlook reductions, DA Davidson notes that WillScot has already seen substantial share price pressure and valuation contraction since early 2024, adding that it sees “value in the name” at current levels, the analyst tells investors in a resear ...

For many homeowners, the idea of living debt-free is irresistible. Imagine wiping out your largest monthly bill and freeing up thousands of dollars in cash flow. That’s the choice facing one couple. Both of them are 51, and with a 6.5% interest rate, they have a nearly half-million-dollar mortgage and enough cash to eliminate it today. Should they pay off their $483,000 mortgage and enjoy the relief of a debt-free life, or put that money to work another way? Must Read The case for paying off a mortga ...

With the S&P 500 Index (SPX) notching all-time highs on a regular basis over the past few months, I thought I’d examine an overbought indicator to see where we stand. I decided on the SPX relative to its 50-day moving average. Monday of last week, which happened to be the most recent all-time high for the index, the SPX got to 4% above its 50-day moving average, which is the point I’m defining as overbought. The first table below summarizes the returns for the SPX after it got to 4% above its 50-day movin ...

Australian car dealership Eagers Automotive has announced plans to purchase a 65% share in the holding company of CanadaOne, a Canadian dealership group, for a total consideration of A$1.04bn ($687m). The move aims to expand the Australian firm’s presence in the Canadian market. The transaction, which involves entities linked to CanadaOne's founder and CEO Pat Priestner, includes a cash payment of A$658m and A$386m worth of exchangeable shares of Eagers. Consequently, the valuation of the Canadian entit ...

Warren Buffett is one of the richest people on the planet and a generous one, too. But what would happen, hypothetically, if Buffett gave every American $100 and how much would he have left to his fortune? Rich Jacoby, founder and CEO of GoldenCrest Metals, LLC noted that Warren Buffett’s net worth is currently between $139 billion and $142 billion based on Forbes tracker, while the United States population hovers roughly around 335 million, per World-O-Meters. Trending Now: 10 Genius Things Warren Buffet ...

BofA raised the firm’s price target on iHeartMedia (IHRT) to $3 from $1.90 and keeps a Neutral rating on the shares. Following a recent balance sheet restructuring, the firm views the stock as fairly valued and awaits “more concrete signs of a true inflection in the Multiplatform group,” the analyst tells investors. The firm anticipates iHeart’s Q3 results will largely be in line with company guidance and it maintains its Q3 revenue estimate of $984M, the analyst added in a preview. Elevate Your Investing ...