New York and California are raising the minimum wage for fast food workers. Out west, the rate will start at $20 per hour beginning in April. Meanwhile, New York will increase rates to $18 per hour starting next month.
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Watchdog Slams IRS Identity Theft Case Delays as “Unconscionable”
An independent watchdog within the IRS reports that while taxpayer services have vastly improved, the agency is still too slow to resolve identity theft cases. And National Taxpayer Advocate Erin Collins says those delays are “unconscionable.” Erin M. Collins said in the report released Wednesday that overall the 2024 filing season went smoothly, though IRS delays in resolving identity theft victim assistance cases are worsening. It took nearly 19 months to resolve self-reported identity theft cases as of January, and Wednesday's report states that now it takes 22 months to resolve these cases.
A.I. Investments Carry Amazon Over $2 Trillion Valuation Threshold
Amazon.com Inc. surpassed $2 trillion in market value for the first time in afternoon trading on Wednesday. The push higher for Amazon’s stock market valuation comes a little more than a week after Nvidia hit $3 trillion and briefly became the most valuable company on Wall Street. Nvidia’s chips are used to power many AI application and its valuation has soared as a result. Amazon has also been making big investments in AI as global interest has grown in the technology. Most of the company’s focus has been on business-focused products.
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How Worried Should Nvidia Be About Their Stock?
Nvidia's shares are on a roller coaster, losing lost billions in market value last week. What's next for the ride?
The Federal Government Is Making Sure Banks Are Prepared for the Worst
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Budget-Friendly Tips for Your Swiftie Summer Adventures
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Nvidia Is the Star of the Market, But Don't Overlook These Other Names
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Housing Prices Soar to Historic Highs – And Don’t Forget Closing Costs
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Big Business This Week: TikTok is ⬇️ as the National Debt Goes ⬆️⬆️⬆️
Plus, the Boeing blues continues, Golden Goose is getting scuffed up in the markets while TikTok is trying out AI girlfriends.
