Business

The IRS recently released updated tax brackets and deduction thresholds for the 2027 tax year, which will affect taxpayers next year. Each year, the IRS adjusts the thresholds used for tax brackets and the various deductions available to taxpayers to account for inflation. The changes will apply to what taxpayers…

Fox Corp. announced on Friday that it completed its acquisition of Roku to expand its streaming presence that already includes Tubi and FOX One. The company’s announcement said the combination of FOX’s live sports, news and local programming with Roku’s open connected TV platform reaching over 100 million households will create “new…

The Nasdaq Composite opened higher on Friday after a sell-off hit artificial intelligence stocks and sent the exchange into correction territory. The tech-heavy Nasdaq rose 1.28%, while the Dow Jones Industrial Average was 474 points, or 0.92% lower. The S&P 500 was up 0.38%.Technology and chip stocks were among those…

This story about the October 2026 jobs report will be updated with further details. The U.S. economy added jobs at a strong pace in October, rebounding from a softer September amid economic uncertainty.What are the findings of the October 2026 jobs report? The Bureau of Labor Statistics on Friday reported that…

Asian stock markets plunged Friday as a massive Wall Street sell-off spread overseas, sending major indexes in Japan, South Korea and Taiwan sharply lower. Meanwhile, U.S. stock futures were mixed, with Nasdaq futures climbing approximately 1.3%, signaling a potential rebound for technology stocks following Thursday’s steep declines. Dow futures, however,…