North Dakota Senate Approves Tax Credit for Parents

The cost of childcare is a concern of many parents. To address this, a bipartisan group of North Dakota legislators has proposed a tax credit for parents. This proposed tax credit for parents in North Dakota would help offset daycare costs and offer much-needed relief to middle-class families. Tax Credit For Parents: Who Could Get It And How Much? Last […]

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Half of US job switchers received big pay increase in 2022, beating inflation

video Supercore inflation isn’t providing the economy any relief: Omair Sharif Inflation Insights founder Omair Sharif and Kaltbaum Capital Management founder Gary Kaltbaum react to the hotter-than-expected January CPI report and what it means for future Fed rate hikes on ‘The Claman Countdown.’ Switching jobs has proved to be a lucrative move for many American workers, who are receiving the […]

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Inflation dents mortgage applications

video FOX Business Flash top headlines for February 14 Check out what’s clicking on FoxBusiness.com Higher mortgage rates and inflation fears have put a damper on the housing market. Tuesday's release of the latest retail inflation numbers sent the 10-year Treasury to the second-highest level of the year at 3.76%. That could put additional pressure on the mortgage market. The […]

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Laid-off tech workers seek leverage on the way out

video Industry-wide tech layoffs don’t indicate sector is in ‘disarray’: Cathie Wood ARK Invest CEO and CIO Cathie Wood discusses where she sees growth in the stock market, and the future of technology and artificial intelligence sectors. For some tech workers, everything is negotiable, including the severance package that comes with a layoff. As tech companies shed tens of thousands of jobs, […]

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The day the Reserve Bank pushed consumer confidence into the abyss

At 2.30pm last Tuesday, the Reserve Bank engineered an enormous decline in consumer sentiment with the stroke of a pen. Until that moment, confidence had a pulse – albeit a bit weak. But the central bank’s rate rise and stated intention for at least two more crashed the confidence party. Westpac’s sentiment index called this week’s reading “falling back into […]

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Should you pay down your mortgage faster or keep investing?

As the cost of borrowing rises, a question I am increasingly asked is whether it makes sense to start funnelling more surplus cash flow towards paying down your mortgage, as opposed to continuing to put that same amount of cash into shares or other investments. The average interest rate being paid on all outstanding variable rate home loans is now […]

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Carl Zeiss Meditec Q1 Profit Rises, EBIT Down; FY23 Outlook Unchanged

Carl Zeiss Meditec AG (CZMWF.PK), a German manufacturer of optical systems, reported Friday that its first-quarter consolidated profit attributable to shareholders of the parent company grew to 51.0 million euros from last year’s 37.9 million euros. Earnings per share increased to 0.57 euro from prior year’s 0.42 euro. Earnings before interest and taxes or EBIT, meanwhile, decreased to 60.3 million […]

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China’s great food solution? Giant towers full of pigs

The first sows arrived in late September at the hulking, 26-storey high-rise towering above a rural village in central China. The female pigs were whisked away dozens at a time in industrial elevators to the higher floors where the hogs would reside from insemination to maturity. This is pig farming in China, where agricultural land is scarce, food production is […]

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