President Trump is reportedly considering raising the top income-tax rate to 39.6% for individuals making at least $2.5 million and joint filers earning at least $5 million. But wealthy taxpayers have options to play defense with their money. Source link
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Power Lunch Michael Wolf, Resort Pass CEO, joins ‘Power Lunch’ to discuss state of the consumer spending and summer travel trends he’s seeing. 04:54 an hour ago Source link
As travelers face more frequent airport delays like recent ones at Newark Liberty International Airport, the official rollout of federal Real ID requirements, and general economic uncertainty, many are waiting until the last minute to book vacations. Source link
Ride-hailing app Lyft Inc. on Thursday offered up a second-quarter forecast for a key demand metric that came in slightly above Wall Street’s expectations, and its board approved an increase to its stock buyback plans based on what it characterized as strong demand. Source link
Lyft stock rises on bigger buyback, strong outlook for demand Read More »
Sports-betting platform DraftKings Inc. reported a narrower-than-expected loss for the first quarter, but said that “customer-friendly sport outcomes in March” — that is, people winning bets — kept it from raising its full-year sales outlook. Source link
Shares of Dutch Bros Inc. were flat after hours on Wednesday after the drive-through coffee chain expressed greater optimism over its sales this year, citing “continued momentum,” even as its older and much bigger rival, Starbucks Corp., tries to turn itself around. Source link
Dutch Bros’ earnings results show not everything is terrible for coffee chains Read More »
Movie-theater chain and original meme stock AMC Entertainment Holdings Inc. beat Wall Street’s revenue expectations in its first-quarter earnings results Wednesday, despite a weak box-office environment in the first three months of the year. Source link
AMC’s revenue slides amid weakest first-quarter box office since 1996 Read More »
Air traffic controllers have been under strain for years, but a 90-second equipment failure last week exposed how decades of staffing shortages, underinvestment and patchwork solutions for those who guide planes through some of the world’s most congested airspace are taking their toll. The outage also sparked hundreds of flight delays, disrupting travel for thousands
Why U.S. air traffic control is stretched so thin — and the fight to fix it Read More »
Retailer Target is under pressure on multiple fronts: it’s facing pushback after rolling back its diversity, equity and inclusion initiatives; it’s fighting off stiffer competition from nimble competitors like Amazon; and the company has higher exposure to a decline in consumer spending amid inflation and tariff volatility than rivals like Walmart and Costco. Target’s decision
Why Target is losing out against competitors Walmart and Costco Read More »
Uber reported first-quarter results Wednesday that beat analysts’ expectations for earnings, but fell shy of anticipated revenue growth for the quarter. Shares fell about 5% following the report. Here’s how Uber did versus analysts’ estimates compiled by LSEG: Earnings per share: 83 cents vs. 50 cents expected. Revenue: $11.53 billion vs. $11.62 billion expected. Revenue at the ride-sharing company
Uber misses revenue expectations with trips up 18% over last year Read More »
