The Australian government has suspended its plans to fast track tax cuts for the wealthy, as the post-pandemic recovery is faster-than-expected, an Australian daily reported, citing unidentified sources. Additional takeaways “The government has ruled out including tax cuts for high-income earners in next week’s federal budget.” “It will instead extend tax cuts for low and
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Nasdaq index lower. Dow closes higher The NASDAQ index has now posted a three day losing streak as it fell -0.48%. The Dow snapped a two day losing streak closing higher by 0.7%. The final numbers are showing: S&P index up 11.49 points or 0.27% at 4192.66 NASDAQ index down 67.565 points or -0.48% at 13895.11 Dow industrial average
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Fans can now use Dogecoin to buy tickets to see MLB team Oakland Athletics take on the Toronto Blue Jays this month. The team, also known as the Oakland A’s, is offering pairs of plaza infield tickets for 100 DOGE from May 3 until May 6. Two plaza infield tickets usually go for around $80
Gold prices jumped more than 1% on Monday, with the rally spilling over into other precious metals as well, driven by a retreat in the and US Treasury yields. Spot gold was up 1.4% at $1,792.41 per ounce by 12:13 p.m. EDT (1613 GMT), after hitting its highest since April 22 at $1,797.75. US gold
Markets seem to be back in mild risk on mode in Europe, shrugging off the selloff in Asia. US futures also point to higher open, as the record run could resume this week. The currency markets are relatively mixed. Yen is stabilizing into US session after earlier selloff. Dollar is also weakening mildly for the
In this article BRK.A Warren Buffett at Berkshire Hathaway’s annual meeting in Los Angeles, California. May 1, 2021. Gerard Miller | CNBC Warren Buffett is seeing inflation among Berkshire Hathaway‘s collection of businesses as the economic recovery from the pandemic kicks into high gear. “We are seeing very substantial inflation,” the Berkshire chairman and CEO
In this article AMZN Amazon logo seen displayed on a smartphone. Igor Golovniov | SOPA Images | LightRocket | Getty Images Amazon‘s ads business grew at an astonishing pace in the first quarter. Amazon’s “other” unit, which is primarily made up of advertising but also includes sales related to other service offerings , grew revenue
USD/CHF bears about to jump in as price tests resistance. Bears looking for downside extension from daily resistance. USD/CHF is testing the bear’s commitments in Asia with prospects of a downside continuation of failures by the bulls to break the grip of the bears. The chart is showing a dominant downtrend, so the tred is your friend