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Chinese Markets Tumble as Xi's Tightening Grip Alarms Investors
(Bloomberg) -- China's yuan weakened and country's stocks tumbled to the lowest level since the depths of the 2008 global financial crisis in Hong Kong, a stark rebuke of President Xi Jinping's move to stack his leadership ranks with loyalists.Most Read from BloombergChina Stocks Slide as Leadership Overhaul Disappoints TradersWall Street Is Heading to Saudi Arabia as US Oil Spat SimmersSunak Edges Closer to UK Leadership as Johnson Drops OutRussian Oil Logistics in Chaos Ahead of Looming Sancti
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IRS releases new federal tax brackets and standard deductions. Here's how they affect your family's tax bill.
America's high inflation rate will produce a 7% increase in the size of the standard deduction when workers file their taxes on their 2023 income, according to new inflation adjustments from the Internal Revenue Service. It's also going to pump up tax brackets by 7% as well, according to the annual inflation adjustments the IRS announced this week. Start with the standard deduction, which is what most people use instead of itemizing deductions.
- Investor's Business Daily
Tesla Stock Vs. BYD Stock: Tesla Cuts China Prices; 'Real Challenger' Sees Soaring Profit
Tesla and BYD Co. are both fast-growing EV giants. While a lot of attention falls on startups such as Rivian Automotive, Lucid, Nio, Xpeng and Li Auto, as well as traditional automakers pushing into EVs, such as General Motors and Ford Motor, Tesla and BYD are setting the pace. Tesla reported strong earnings and revenue growth on Oct. 19.
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Surprise! Elon Musk Postpones a Big Event
Elon Musk is notorious for not sticking to his schedule. The list of promises kept but with great delay by the billionaire entrepreneur is long. It includes all vehicles produced by Tesla. They are often announced with great fanfare, but never available per the timeline given by Musk.
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After $13 Trillion Stock Crash, Signs of a Turn Are Now Mounting
(Bloomberg) -- Most Read from BloombergChina Stocks Slide as Leadership Overhaul Disappoints TradersWall Street Is Heading to Saudi Arabia as US Oil Spat SimmersRussian Oil Logistics in Chaos Ahead of Looming SanctionsSunak Edges Closer to UK Leadership Prize as Johnson CavesKorean Air Plane Overruns Runway While Landing in PhilippinesJudging by the ominous pronouncements from Wall Street luminaries, every trader under the sun should be prepping for fresh turmoil in the world's biggest stock mar
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Alibaba Stock Price Tumbles Premarket to Trade Below 2014 IPO Level
Alibaba's stock dropped sharply premarket Monday, falling below its initial public offering price for the first time since 2016. The Chinese e-commerce giant's American depositary receipts recently stood 12.7% lower at $63.03, considerably lower than its IPO price of $68 in 2014. The selloff echoed a big drop in Alibaba's Hong Kong-listed shares Monday. The [pullback in Hong Kong](https://www.wsj.com/articles/hong-kong-stocks-dive-after-china-party-meeting-11666588451) came after the end of a me
Source: https://finance.yahoo.com/news/university-phoenix-offers-certificates-education-203000798.html
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