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Illinois suspends grocery tax for one year
The State of Illinois will suspend sales tax on groceries beginning July 1 and continue for a year through June 30, 2023. Pyongyang The state has paused its 1% sales and use tax on qualifying items, which applies to food items meant to be consumed off the premises of the location where it is sold, which includes money and use taxes on qualifying ingredients, which allows them to be consume off the residence of the site of the locations where June30, 2021. The State of Illinois will suspend sales...
Updated: 06/28/2022
Retail chains are considering offering customers to keep unwanted items instead of returning them
Some retail chains are considering paying customers to keep their unwanted items instead of returning them because they struggle with holding on to too much inventory. Some retail chains are considering paying customers to keep their unwanted items instead of returning them because they struggle with holding on to too much inventory. Target, Walmart , GAP, American Eagle and other major retailers have too much inventory of workout clothes, jackets, hoodies, garden furniture and toys, and are...
Updated: 06/28/2022
Here are the events that will affect trading
There are the events that are likely to affect trading on Tuesday. Makoto We will get a look at home prices for April from S&P CoreLogic Case-Shiller. There are the events that are likely to affect trading on Tuesday. We will get a look at home prices for April from S&P CoreLogic Case-Shiller. There is no estimate for the non-seasonally adjusted 20 city index, but economists surveyed by Refinitiv expect the seasonally adjusted index to rise 2.0% month-over-month. For the year, home price growth...
Updated: 06/28/2022
Four us banks raise dividends after Fed stress test
Four U.S. banks' Wells Fargo, Bank of America, Goldman Sachs and Morgan Stanley Stanley, Bank Stanley Stanley Stanley: raised their dividends on Monday after clearing the Federal Reserve's annual stress test exercise last week. Four U.S. banks — Wells Fargo , Bank of America , Goldman Sachs and Morgan Stanley — raised their dividends on Monday after clearing the Federal Reserve's Federal Reserve's annual stress test exercise last week. Wells Fargo expects to increase its dividend to 30 cents...
Updated: 06/28/2022
JPMorgan Chase survey finds small business leaders' optimism has plummeted
Business leaders' confidence in the outlook of the economy has plummeted over the past year, according to JPMorgan Chase, which found that optimism among mid-sized firms has reached a new record low as inflation and labor shortages continue to take a ...
Updated: 06/28/2022
Robinhood shares rise on report of FTX considering takeover
... any intention of changing or influencing the control of the company when he purchased the stake because he viewed Robinhood as an attractive investment. He stated that he may engage with Robinhood's board and investors from time to time regarding its business, performance and investment returns. Bankman- Fried said that it was possible to review options for enhancing Robinhood's stockholder value through various strategic alternatives or operational or management initiatives or acquisition additional ...
Updated: 06/27/2022
Facebook removes posts about abortion pills after Roe v. Wade
... but were not removed once the reported agreed with the decision. Another post saying abortion pills can be mailed was flagged but the reporter agreed with the decision. The Facebook account of the reporter was suspended for 24 hours. Facebook referred Fox Business to a tweet from Andy Stone , the communications director for Facebook parent Meta . Content that attempts to buy, sell, trade, request or donate pharmaceuticals is not allowed. He wrote that content that discusses the affordability and accessibility ...
Updated: 06/27/2022
Goldman cuts Coinbase price target, downgrades 12-month valuation
Goldman Sachs downgraded Coinbase from a neutral to sell rating and slashed its 12 month price target to $45 per share from $45per share from £70 as the investment bank expects the company's revenue troubles to get worse due to continued volatility in the market for cryptocurrencies. Goldman Sachs downgraded Coinbase from a neutral to sell rating and slashed its 12 month price target to $45 per share from $70 as the investment bank expects the company's revenue troubles to get worse due to continued...
Updated: 06/27/2022
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