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When considering how much corporations pay in taxes, it’s important to understand the difference between the statutory corporate tax rate of 21% and the effective tax rates that many large companies actually pay, which can average around 6.9%. Some corporations, like FedEx and Nike, have even reported paying zero federal income taxes. This raises questions…
by Calculated Risk on 1/09/2026 09:59:00 AM From the Census Bureau: Permits, Starts and Completions Housing Starts:Privately-owned housing starts in October were at a seasonally adjusted annual rate of 1,246,000. This is 4.6 percent below the revised September estimate of 1,306,000 and is 7.8 percent below the October 2024 rate of 1,352,000. Single-family housing starts…
After the relationship soured and the company’s assets sold for about $7.7 million in March 2020, the investor pursued several proceedings. In the action under appeal, filed June 22, 2022, she claimed that an oppression remedy she had already won did not fully compensate her for losses caused by the shareholder’s alleged breaches of contract. …
Russell 2000 Soars 21% YTD: 4 Top Small-Cap Stocks
Wavvest, a Chicago-based startup that has built an AI-native operating system for independent wealth managers, has added Vinnie Maliakkal, a former Charles Schwab vice president, as managing director and founding advisor to its in-house registered investment advisor. Chicago-based Maliakkal spent the last 11 years at Schwab, where he managed $1.4 billion in client assets for…
Netflix (NFLX +0.58%) walked away from its attempt to acquire key assets from Warner Bros. Discovery earlier this year when a bidding war with Paramount Skydance proved to be too costly. However, rumors have continued to swirl about what’s next for the company, including a possible acquisition of Lionsgate (which Netflix has already dismissed). While…
Key Takeaways Joint checking accounts can help build trust and transparency between partners, but having separate checking accounts can help promote autonomy. Using both personal and joint accounts in your relationship can help you reap the benefits of each method. You can typically open a joint checking account in person or online, and you will…
What’s in a custodian’s name? When you’re an advisor working with upper-high-net-worth clients considering a move to independence, it may mean more than people traditionally think. Nate Lenz, CEO of Concurrent, said his firm’s decision to add Goldman Sachs as a custody option has been a draw for some captive advisors looking to move into…
April is Financial Literacy Month. Your credit score has been waiting for you to read this.
Southwest Airlines Co. is adding Klarna AB’s buy now, pay later options to its suite of payment methods. It’s the first time Southwest has accepted Klarna. Expected to be available later this year, the Klarna BNPL option will supplement a Flexpay installment option Southwest already offers, a Klarna spokesperson says. Flexpay is owned by fintech…