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State works to reduce huge backlog for key business tax credit – Hawaii News Now

HONOLULU (HawaiiNewsNow) – A tax credit meant to encourage employers to hire marginalized workers is stalled by the state's backlog of tens of thousands of workers. Officials told HNN they are working to reduce these numbers. The federal Work Opportunity Tax Credit is available to businesses that employ people from groups that the IRS says […]

'All the pieces are in place for this bull market to end': A technical strategist who called the S&P 500's surge to 6,000 warns that stocks are a negative catalyst away from a 20% drop – Business Insider

Tyler Ritchie said the S&P 500 index rose to 6,000 in February. Now, the co-editors of the Sevens Report are warning of a possible market pullback. However, fundamentals remain generally strong and could continue to push the stock higher. Back in February, Tyler Ritchie explained why: S&P500 It could go up to 6,000. Investor sentiment […]

Expansion Valkyries are ‘open for business’ come WNBA free agency

Valkyries general manager Ohemaa Nyanin was finally able to relax Friday, at least for the night. After months of preparation, Golden State, the WNBA's 13th franchise, has completed the league's first expansion draft since 2008, selecting 11 players from the current 12 teams to be part of the initial 2025 roster. was nominated. Certainly, it's […]

Trump’s populist 'mandate' could disrupt business tax reform wish list

Congress and the Republican Party have changed since then-President Trump and the Republican Party enacted the Tax Cuts and Jobs Act of 2017. House Speaker Mike Johnson (R-Louisiana) and Republican leaders are scrambling to deliver a follow-up to the first 100 days of the Trump administration, but they are struggling with campaign promises and demands […]

Trump Taps Former Sen. Loeffler to Lead Small Business Administration

President-elect Donald Trump announced that he has selected former Sen. Kelly Loeffler (R-Ga.) to head the Small Business Administration (SBA). In a post on Truth Social, Trump said was praised Loeffler was described as a “tremendous fighter” when she served as a U.S. senator during President Trump's first term. Trump added that Loeffler helped pass […]

Trump Attorneys File Motion to Dismiss in Manhattan Business Records Case

Lawyers for President-elect Donald Trump filed a motion Monday to dismiss a Manhattan business records case, potentially reaching the final stage in an unprecedented prosecution of the former president. In their 72-page motion to dismiss, Trump's lawyers Todd Blanche and Emile Bove argue that “the Presidential Immunity Doctrine, the Presidential Transition Act, and the Supremacy […]

Citi completes split of Mexico business ahead of Banamex IPO – Reuters

Dec. 2 (Reuters) – Citigroup (CN)A new tab will open Wall Street giant Banamex announced on Monday that it has completed the separation of Banamex from its institutional banking business in Mexico as the retail bank prepares to go public. The move to separate Groupe Financiero Citi Mexico from Groupe Financiero Banamex is part of […]

Trump Labor pick surprises unions, rattles business

President-elect Trump's choice for secretary of labor has raised concerns from organized labor advocates and business groups. The unusual pro-labor choice could signal a new, more receptive stance toward unions in the Republican Party, which has long resisted pro-labor policies. Rep. Lori Chavez Delemer (R-Ore.) was elected following a recent surge in popularity among labor […]

Is MicroStrategy’s Bitcoin Gameplan A Risky Business? Anthony Pompliano Thinks So – Bitcoinist

An analyst explained the strategy behind MicroStrategy's aggressive acquisition of Bitcoin, which is attracting attention due to the rising price of the alpha cryptocurrency. Anthony Pompliano, founder and CEO of Professional Capital Management, understands the mathematics behind the firm's investment actions, but believes any investment is subject to potential risk. He warned that he was […]