IRS rejects more than 20,000 refund claims for pandemic-related tax credit
The IRS is sending more than 20,000 rejection letters to taxpayers who wrongly claimed the employee retention tax credit. Here’s what filers need to know.
Ex-Twitter security executive sues X for wrongful termination and retaliation
A former Twitter security chief filed a lawsuit against X alleging wrongful termination after objecting to various cost-cutting measures enacted by Elon Musk
TD Cowen names this ‘premium’ global sports league a top stock pick for 2024, sees 60% rally
Liberty Media’s Formula One remains underappreciated by investors, says TD Cowen.
Jamie Dimon lashes out against crypto: ‘If I was the government, I’d close it down’
The JPMorgan Chase CEO lashed out at bitcoin and its peers, suggesting that cryptocurrencies should be banned.
Private payrolls increased by 103,000 in November, below expectations, ADP says
Private sector job creation slowed further in November and wages showed their smallest growth in more than two years, ADP reported.
Trump says he won’t be a dictator if elected, ‘except for Day One’
Asked for clarification by Fox News’ Sean Hannity, Trump said, “I want to close the border, and I want to drill, drill, drill.”
Here’s how stocks typically perform in a presidential election year
Stocks are riding high heading into year-end. But if history is any indication, investors should pare back their expectations for a repeat performance in 2024.
A ‘thirsty’ generative AI boom poses a growing problem for Big Tech
A global rush for the next wave of generative artificial intelligence is increasing public scrutiny on Big Tech’s expanding water footprint.
Ex-OpenAI director Reid Hoffman says we still don’t ‘fully know’ why board forced out Altman
Reid Hoffman, who sold LinkedIn to Microsoft and previously served as an OpenAI director, said he’s still not sure why the board pushed out Sam Altman
Apple’s market cap closes above $3 trillion
Apple’s value officially crossed the $3 trillion mark for the first time in June, and briefly touched $3 trillion in December 2022 during intraday trading.
