NEW YORK (AP) — U.S. stock indexes are closing their best week in two months with a flourish on Friday. The S&P 500 was 1.1% higher in late trading and on track for its first winning week in the last three. The Dow Jones Industrial Average was up 359 points, or 0.8%, and the Nasdaq ...
(AP) — The IRS on Friday announced Jan. 27 as the official start date of the 2025 tax season, and expects more than 140 million tax returns to be filed by the April 15 tax deadline. The announcement comes with agency in the midst of a massive overhaul, attempting to improve its technology and customer service processes with tens of billions of dollars allocated to the agency through Democrats’ Inflation Reduction Act, signed into law in August 2022. The IRS said it is expanding its program that allows people to file their taxes directly with the agency for free. The federal tax ...
(AP) — TikTok has cemented itself as a quintessential entertainment app, offering everything from funny skits and makeup tutorials to social commentary and news. The platform, though, could vanish from U.S. app stores by Jan. 19 if the Supreme Court does not step in to block a federal law ...
OMAHA, Neb. (AP) — Dunkin’ dropped the “Donuts” from its brand name years ago. Now — at least across Nebraska, New Mexico and some other states — it doesn’t have doughnuts on the shelves either. Dunkin’ stores in Omaha, Lincoln and Grand Island in Nebraska all had no ...
NEW YORK (AP) — Kohl’s said Friday it was closing 27 underperforming locations in 15 states by April — a fraction of its 1,150 store base — as the struggling department store chain aims to boost profitability and improve sagging sales. The announcement comes as the Menomonee Falls, Wisconsin-based chain has posted 11 consecutive quarters of sales declines. Michaels CEO and retail veteran Ashley Buchanan is set to take over as the chief executive of Kohl’s next week. Buchanan will take over the top job from Tom Kingsbury, who will stay as an adviser to the new CEO and retain ...
NEW YORK (AP) — U.S. stocks fell Friday on worries that good news on the job market may be too good and prove to be bad for Wall Street by keeping inflation and interest rates high. The S&P 500 tumbled 1.5% to close its fourth losing week in the last five. The Dow Jones Industrial Average ...
