South Carolina has started issuing tax rebates to eligible taxpayers this week. Eligible taxpayers in South Carolina who filed their return before the Oct. 17 deadline can expect to receive up to $800 in the form of an income tax rebate from the state before the end of the year. Who Will Get The Income Tax Rebate From South Carolina And […]
Read morevideo FOX Business Flash top headlines for November 15 Check out what’s clicking on FoxBusiness.com Despite a decline in mortgage rates in the past week, one area of the mortgage market isn't seeing relief — the refinance market. The Refinance Index decreased 2% from the previous week, according to the weekly survey from the Mortgage Banker's Association. The refinance share […]
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Retail giant Walmart Inc. (WMT) reported Tuesday a loss for the third quarter compared to a profit last year, despite strong revenue growth, hurt by hefty $3.3 billion charges related to opioid legal settlements. However, adjusted earnings per share and quarterly revenues topped analysts’ expectations. The retailer also raised its adjusted earnings guidance for the full-year 2022 on strong third-quarter […]
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Shares of Vodafone Group Plc were losing around 7 percent in the morning trade in London and 5 percent in the pre-market activity on Nasdaq after the British telecom major reported Tuesday weak profit in its first half with lower revenues. For fiscal 2023, the company now projects adjusted EBITDAaL at at the lower end of original guidance. The company […]
Read morevideo Brian Brenberg: October’s inflation celebration ‘is too early’ Fox News contributor and The King’s College economics professor Brian Brenberg gives the ‘Eeyore’ analysis on October’s CPI report. While markets may be giddy to see a Federal Reserve pivot after a cooler-than-expected inflation report, one economics professor is providing the "Eeyore" analysis on October’s consumer price index (CPI). "There's a […]
Read morevideo Fed has its work cut out in inflation fight, analyst warns PGIM co-chief investment officer Greg Peters weighs what the future of the economy will look like following the Fed’s sixth rate hike. Inflation cooled more than expected in October, but consumer prices remained near a multi-decade high, continuing to squeeze millions of U.S. households and small businesses. The […]
Read morevideo Starting to see beginning effects of Fed’s robust policy: Randall Quarles Former Federal Reserve Vice Chair Randall Quarles discusses the Fed’s monetary policy and handling of inflation as recession fears linger. Stubbornly high inflation could force the Federal Reserve to aggressively raise interest rates above 6%, the highest in more than two decades, according to former Treasury Secretary Larry […]
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Many first-home buyers who bought with a 5 per cent deposit during the past year are likely to be in ‘negative equity’, cutting their options for refinancing and potentially leaving them stranded on excessively high interest rates. Negative equity is where a borrower owes more to their lender than their property is worth. Banks consider borrowers with negative equity to […]
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A new guaranteed income program will give hundreds of dollars to eligible households in Virginia per month for two years. The authorities started accepting applications for the guaranteed income program on October 31. Those who haven’t yet applied for this guaranteed stimulus check from Virginia need to hurry as the applications can only be filed until November 9. A point […]
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