Vice President Kamala Harris proposed a 28% tax on long-term capital gains for any household with an annual income of $1 million or more, lower than the 39.6% rate that President Joe Biden laid out in his 2025 fiscal year budget. Harris has been presenting more economic plans specifically targeted...

Harris unveils plan for 28% capital gains tax, softening Biden's proposal for 40% rate

Trump Media shares closed below where they ended 2023. The stock price of DJT, which created the social media platform Truth Social, has slumped ahead of the date when Donald Trump will have the option to start selling his stake. The stock has fallen more than 75% from its intraday...

Trump Media shares erase 2024 gains as key DJT sale date nears

Bitcoin, ether and crypto-related stocks saw sharp selloffs this week over growing concerns about the health of the U.S. economy. Coinbase had its worst week of the year, and bitcoin miner Marathon Digital tumbled 20%. September is historically a difficult trading month for crypto assets. The industrywide selloff reflected growing...

Coinbase has worst week of the year as crypto stocks plummet

Billionaire investor Mark Cuban insisted that Vice President Kamala Harris would not tax unrealized capital gains as president. Harris has already broken with President Joe Biden on tax policy by proposing a smaller hike in the top capital gains rate. Harris is teasing out her policy plans in the days...

Mark Cuban says Harris won't tax unrealized capital gains: 'Not going to happen'

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A spokesperson for former President Donald Trump's campaign commented this week on reports of a Trump clemency recipient being convicted of a domestic violence-related charge by saying, "President Trump believes anyone convicted of a crime should spend time behind bars.”. The statement from Trump’s national press secretary, Karoline Leavitt, to...

Trump campaign says the former president believes 'anyone convicted of a crime' should be jailed

The Mega Millions jackpot has been growing every week since its last winner in June, reaching $740 million — the seventh largest in history — ahead of its next draw on Friday at 11 p.m. ET. Assuming you'll defy the 1 in 302,575,350 odds of winning Friday night's...

Mega Millions' $740 million jackpot has 2 payout options—how to avoid 'blowing all the money,' from financial experts

Amid high prices, steep interest rates, and unemployment worries, the New Zealand government estimates that a record 131,200 of its citizens have moved overseas in the past 12 months through June. A lack of quality jobs for kiwis, especially New Zealand's younger generations, is accelerating the exodus, with the trend...

'Economic refugees' flee from New Zealand as cost-of-living crisis deepens

Fall is nearly here, and that means it's time to schedule the vaccinations that will help bolster your immune system and better protect yourself against some of the most popular respiratory illnesses. This summer, we saw a surge in Covid cases, that started in early June. And health experts predict...

Covid-19, flu, RSV: Vaccine recommendations for fall—and the best time to get them

Volkswagen's management went toe-to-toe with workers on Wednesday, outlining the need to take "joint responsbility" in order to turn things around at the crisis-stricken German automotive giant. The showdown comes shortly after the carmaker flagged it was no longer able to rule out closing plants in its home country of...

'A declaration of bankruptcy': Unions lash out as Volkswagen weighs possible German plant closures

Gold prices fell on Friday, retreating from near-record levels reached earlier, after mixed U.S. jobs data cast doubts on the scale of interest-rate cut from the Federal Reserve this month. Spot gold fell 0.8% to $2,495.85 per ounce by 4:04 p.m. ET, having hit their highest since Aug. 20, when...

Gold drops from near-record level as U.S. jobs data blurs rate outlook

Mooresville, NC

The fastest-growing suburb in the U.S. isn't near a major city like New York, Miami, or Los Angeles. In fact, it's in North Carolina, according to a new GOBankingRates report. In August, GOBankingRates looked at the population change from 2020 and 2022 and focused on cities with a 9% or greater change in the same years. The suburbs had to have a July 2024 home value below $500,000.

10 of America's fastest-growing suburbs with home values under $500,000—6 are in the South

Germany’s car industry was once recognized around the world for its high-quality, innovative internal combustion engine cars. But things have changed since then. The industry is facing a range of issues, from regulation to macroeconomics, China and EVs. Issues in the automotive sector may also have spill over effects...

Once the envy of the world, Germany's car brands now weigh heavily on its struggling economy

At least a half-dozen companies have hit the $1 trillion mark. Next up could be the first individual person to become a trillionaire. More than 100 years after the first billionaire, the first trillionaire could well be crowned in the next decade. A version of this article first appeared in...

Top 10 people most likely to reach trillionaire status

Columbus, OH

Gahanna, OH

A little-known suburb outside Columbus, Ohio, is the most in-demand real estate market in the U.S. for the second year in a row, according to a recent Realtor.com study. Gahanna, Ohio, ranked as the "hottest" ZIP code out of the 29,000 analyzed throughout the country in 2024, based on how often listings were viewed on Realtor.com, as well as how quickly they sold.

The 10 most in-demand U.S. ZIP codes for homebuyers—an Ohio suburb is No. 1

Kentucky State

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Jefferson County, KY

Louisville, KY

Northern Kentucky Tribune

Federal, state and local public health officials have confirmed the first case of the Oropouche virus in Kentucky and Jefferson County in a person who had returned to Louisville after traveling to the Caribbean.

Health officials report first case of Oropouche virus, aka ‘Sloth Fever,’ confirmed in Kentucky

Salem, OH

Every day, 8-year-old Emma sits in a small garden outside her grandmother’s home in Salem, Ohio, writing letters to her mom and sometimes singing songs her mother used to sing to her.

Thousands of parents die of overdoses; advocates say their kids need more help

Chicago, IL

Austan Goolsbee, Chicago Fed president, joins 'Money Movers' to discuss Goolsbee reaction to Friday's jobs report, the Fed's president's thoughts on the rate trajectory, and much more.

Chicago Fed President Austan Goolsbee: Critical challenge for the Fed is to not make things worse

Stacy Rasgon, Bernstein senior analyst, joins 'Closing Bell: Overtime' to discuss Broadcom's earnings.

Bernstein's Stacy Rasgon weighs in on Broadcom's earnings

This story was produced through a collaboration between the Daily Yonder , which covers rural America, and Climate Central , a nonadvocacy science and news group. On the day he would become homeless, Wesley Bryant was awoken by his wife, Alexis.

Some Kentuckians, like many rural Americans, are too poor to qualify for federal flood protections

"Considering the achieved and continuing progress on inflation and moderation in the labor market, I believe the time has come to lower the target range for the federal funds rate at our upcoming meeting," Fed Governor Christopher Waller said. His remarks followed a weaker-than-expected nonfarm payrolls report Friday that added...

Fed Governor Waller backs interest rate cut at September meeting, open to larger move

NewsBreak

Harris wants a 28% capital gains tax rate for top earners. Here's what advisors are telling clients

Vice President Kamala Harris is calling for a higher capital gains tax rate, and financial advisors have tips for top earners who could be affected. The...

Harris wants a 28% capital gains tax rate for top earners. Here's what advisors are telling clients

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