A tax deal that has been proposed by lawmakers in Washington, D.C. has the potential to generate more than 200,000 new homes for low-income families. This initiative aims to boost the low-income housing tax credit, which encourages developers to construct affordable-housing units. The proposal is a part of the comprehensive Tax Relief for American Families and Workers Act of … [Read more...] about Tax Deal Proposal Could Create Over 200,000 New Homes
Plexus Issues Warning and Announces Share Buyback Program
Plexus, a company based in Neenah, Wisconsin, has recently issued a warning regarding its fiscal first-quarter guidance. Additionally, the company's board has approved a new share buyback program worth $50 million. Instead of the previously projected range of $990 million to $1.03 billion, Plexus now expects its revenue for the quarter to be between $980 million and $985 … [Read more...] about Plexus Issues Warning and Announces Share Buyback Program
China’s Economy Grows at Quicker Rate, Hits Annual Growth Target for 2023
China's economy has shown strong growth in the fourth quarter of 2023, allowing the government to reach its target of approximately 5% annual growth for the year. Despite uneven trade data and an ongoing economic recovery, official figures released on Wednesday indicate that the Chinese economy expanded by 5.2% in 2023, surpassing the government's goal. This growth can be … [Read more...] about China’s Economy Grows at Quicker Rate, Hits Annual Growth Target for 2023
London’s FTSE 100 Leading European Bourses in Decline
London's FTSE 100 has taken the lead in the decline of European bourses on Wednesday due to a surprise increase in UK inflation. Interest rate-sensitive stocks, including housebuilders, real estate, and utilities, are feeling the impact of this uptick. The Office for National Statistics in Britain reported that consumer prices rose by 4% in the year to December, surpassing … [Read more...] about London’s FTSE 100 Leading European Bourses in Decline
Healthcare Stocks Show Strong Start to 2024
After a challenging year in 2023, the healthcare sector is experiencing a potential comeback in 2024. Even though it is still early days, investors are showing optimism towards the sector's resurgence. As of January 12, the S&P 500 Health Care sector index has seen a 3% increase, compared to the relatively flat performance of the S&P 500 as a whole. This positive … [Read more...] about Healthcare Stocks Show Strong Start to 2024
