Jeff Bezos, founder and chief executive officer of Amazon.com Inc., speaks at the National Press Club in Washington, D.C., on Thursday, Sept. 19, 2019. Andrew Harrer | Bloomberg | Getty Images Amazon’s ongoing effort to get orders to your doorstep more quickly is likely to drag down profit numbers when the company reports fourth-quarter results […]

Tesla CEO Elon Musk speaks during the Tesla China-made Model 3 Delivery Ceremony in Shanghai. STR | AFP | Getty Images Tesla shares have skyrocketed by about 120% since the electric car maker last delivered an earnings report in October, and investors eagerly anticipate the company’s fourth quarter results, which it is scheduled to report […]

U.S. government debt prices were slightly higher on Wednesday morning, as investors monitored the spread of the coronavirus and looked ahead to a rate decision by the Federal Reserve. At 2 a.m. ET, the yield on the benchmark 10-year Treasury note, which moves inversely to price, was lower at around 1.6355%, while the yield on the […]

A picture taken on January 13, 2020 during a press tour organised by the US-led coalition fighting the remnants of the Islamic State group, shows a view of the damage at Ain al-Asad military airbase housing US and other foreign troops in the western Iraqi province of Anbar. Ayman Henna | AFP | Getty Images […]

U.S. government debt prices were lower Tuesday morning, following a rally for fixed income assets amid intensifying concerns over the Chinese coronavirus. At 2 a.m. ET, the benchmark 10-year Treasury note, which moves inversely to price, was higher at around 1.6149%, while the yield on the 30-year Treasury bond was also higher at around 2.0621%. Chinese […]

The IRS extended its safe-harbor relief from recognizing cancellation-of-debt (COD) income for students whose loans were discharged either because their schools were closed or as a result of some type of fraud (Rev. Proc. 2020-11). The IRS had earlier provided relief for students from Corinthian College or American Career Institutes Inc. whose loans were discharged […]

Nathan Chittenden carries a newborn calf at Dutch Hollow Farm in Schodack Landing, New York. “The last five years have been extremely rough for us dairy farmers,” he told CNBC. Emma Newburger / CNBC SCHODACK, N.Y. — Nathan Chittenden carefully slung a newborn calf over his shoulders and marched her over to his dairy barn […]

Democratic presidential candidatte Sen. Amy Klobuchar (D-MN) speaks during the Democratic presidential primary debate at Loyola Marymount University on December 19, 2019 in Los Angeles, California. Justin Sullivan | Getty Images Sen. Amy Klobuchar raised $11.4 million, her campaign announced Friday, more than doubling the $4.8 million raised in the third quarter. This was the […]

Democratic presidential candidate Sen. Elizabeth Warren, D-Mass., talks during a round table discussion with childcare providers at her campaign event at Wise and Wonderful Daycare and Preschool in San Jose, Calif., on Dec. 27, 2019. Dai Sugano | The Mercury News | Getty Images Sen. Elizabeth Warren finished the fourth quarter raising $21.2 million, her […]

The optional standard mileage rates for business use of a vehicle will decrease slightly in 2020 after increasing significantly in 2019, the IRS announced on Tuesday (Notice 2020-05). For business use of a car, van, pickup truck, or panel truck, the rate for 2020 will be 57.5 cents per mile in 2020, down from 58 […]