Still haven’t filed your taxes? Here’s what you need to know | CNN Business

[ad_1] New York CNN  —  So far this tax season, the IRS has received more than 100 million income tax returns for 2022. That means tens of millions of households have yet to file their returns. If yours is among them, here are some last-minute tax-filing tips to keep in mind as the Tuesday, April … Read more

Silicon Valley Bank collapse renews calls to address disparities impacting entrepreneurs of color | CNN Business

[ad_1] CNN  —  When customers at Silicon Valley Bank rushed to withdraw billions of dollars last month, venture capitalist Arlan Hamilton stepped in to help some of the founders of color who panicked about losing access to payroll funds. As a Black woman with nearly 10 years of business experience, Hamilton knew the options for … Read more

Yellen: ‘Not anticipating a downturn’ in the US economy | CNN Business

[ad_1] Minneapolis CNN  —  US Treasury Secretary Janet Yellen said she believes the American economy remains strong and its banking system is resilient despite some recent turmoil among regional financial institutions. “I’ve not really seen evidence at this stage suggesting a contraction in credit, although that is a possibility,” Yellen said at a press conference … Read more

Tupperware stock plunges after warning it could go out of business | CNN Business

[ad_1] New York CNN  —  Tupperware shares fell nearly 40% in early trading Monday following a bleak warning that its future is looking murky. In a regulatory filing late Friday, the container maker said there’s “substantial doubt about the company’s ability to continue as a going concern,” and that it’s working with financial advisers to … Read more

Study finds slightly higher risk of autism diagnosis in areas with more lithium in drinking water, but experts say more research is needed | CNN

[ad_1] CNN  —  A new study found a moderately higher risk of autism spectrum disorder in children born to pregnant people exposed to tap water with higher levels of lithium, but experts caution that this association does not show a direct link between the two. About 1 in 36 children in the US is diagnosed … Read more

HSBC’s top execs face tense shareholders calling for a breakup | CNN Business

[ad_1] Hong Kong CNN  —  HSBC’s top brass defended their strategy Monday to frustrated shareholders in the lender’s largest market, as Europe’s biggest bank continued to face calls to be split up. At an informal shareholder meeting in Hong Kong, Chairman Mark Tucker and CEO Noel Quinn took questions from investors on issues ranging from … Read more

China Renaissance suspends trading, delays results after founder’s disappearance | CNN Business

[ad_1] Hong Kong CNN  —  China Renaissance, a top dealmaker in the country’s tech industry, said it would suspend trading of its shares and delay the release of its annual results because it still can’t get in touch with its founder. Bao Fan, 52, started the boutique investment bank in 2005 and has been unreachable … Read more

France braces for anti-pension reform protests amid rising violence on the streets | CNN

[ad_1] CNN  —  Protesters on the tracks at a Paris rail station. Smoke bombs let off at Biarritz airport. Anger at French President Emmanuel Macron’s pension reforms showed no sign of letting up on Tuesday as the nation prepared for a 10th day of nationwide demonstrations. Sweeping protests have paralyzed major services across the country … Read more

How the Fed’s latest rate increase will affect your bank savings | CNN Business

[ad_1] Editor’s Note: This is excerpted from a story that originally ran on March 22, 2023. New York CNN  —  Banking has been top of mind for many people in the wake of some surprise bank failures and moves by US regulators to boost confidence in the financial system. But the Federal Reserve’s decision on … Read more