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Shares of Cadence Design Systems Inc. CDNS, +0.54%, a maker of electronic-design-automation software, dipped more than 4% Monday after it reported third-quarter earnings that beat Wall Street estimates but offered outlook for its current fourth quarter that disappointed investors. Cadence said it earned an adjusted $1.26 a share on sales of $1.02 billion, topping the projections of analysts polled by FactSet. They had expected earnings of $1.20 a share on sales of $1 billion. In the same quarter a year ago, Cadence reported earnings of $1.06 a share on sales of $903 million. For the current fourth quarter, Cadence forecast…

Of all the taxes that come out of your paycheck, none may be as inescapable as those that go to Social Security. Whether you’re salaried or self-employed, you must generally contribute throughout your entire working life. There are, however, a few exceptions, which we’ll cover here. Key Takeaways Most American workers have to pay Social Security taxes for as long as they’re working.Social Security taxes are collected as part of FICA, which also includes Medicare taxes.The income threshold for Social Security and Medicare taxes is adjusted annually for inflation.There are a few exceptions, including members of certain religious groups and…

#yahoofinance #inflation #fed Cumberland Advisors Chief U.S. Economist David W. Berson joins Yahoo Finance Live to discuss inflation, rate hikes, Fed policy, the expectations for markets, and the outlook for the U.S. economy. Don’t Miss: Valley of Hype: The culture that built Elizabeth Holmes WATCH HERE: https://youtu.be/Sb179GLPNYE Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools you need to invest…

In some ways the covid-19 pandemic was a blip. After soaring in 2020, unemployment across the rich world quickly dropped to pre-pandemic lows. Rich countries reattained their pre-covid gdp levels in short order. And yet, more than two years after lockdowns were lifted, at least one change appears to be enduring: consumer habits across the rich world have shifted decisively, and perhaps permanently. Welcome to the age of the hermit.In the years before covid, the share of consumer spending devoted to services rose steadily upwards. As societies got richer, they demanded more in the way of luxury experiences, health care…

Bitcoin (BTC) has come under intense selling pressure, with crypto analyst Nicholas Merten, known as the host of DataDash, predicting a significant downward leg for the leading cryptocurrency. In a recent strategy session, Merten expressed concerns that BTC is primed for a bearish move. Merten’s analysis revolves around the persistent resistance that Bitcoin has encountered at a critical channel.  “The question here is whether or not we’re going to be able to clear through this channel of resistance, which each and every time has proven as resistance for Bitcoin,” the analyst said. He emphasized that this recurrent resistance could pave…

Prime Minister Rishi Sunak is considering slashing stamp duty or abolishing inheritance tax in the next Conservative manifesto, The Telegraph reports. Sunak is under pressure after two byelection defeats in Mid Bedfordshire and Tamworth. Political scientist and pollster Professor Sir John Curtice has predicted that the Tories are facing a heavier defeat than Tony Blair’s Labour in 1997. Tinkering with stamp duty has been a common habit of the Conservatives. When Sunak was Chancellor he introduced a ‘stamp duty holiday’, initially on purchases up to £500,000, which ran from March 2021 and September 2022. Meanwhile then-Chancellor George Osborne introduced the…

Piggy bank on money concept for business finance, investment, saving or retirement fundgetty Let’s talk income investments that are usually reserved for rich folks: deal-making private-equity (PE) funds! Usually there’s a sizable fee to get into PE. Unless you know the secret knock at the back-door entrance, which is more our style anyway. I’m talking about yields from 7% all the way up to 11%. With a cover charge as low as $15! These business development companies (BDCs) exist thanks to a perfectly legal loophole that lets anyone with an IRA or brokerage account tap into not just one or…

Since their introduction in 1993, exchange-traded funds (ETFs) have exploded in popularity with investors. These instruments—equity portfolios tracking an index and tradable intraday like stocks—have provided cost savings and diversification benefits for institutional managers as well as individuals. Of course, ETFs have pitfalls as well, from low liquidity in some cases to the risk and complexities of the most speculative varieties of exchange-traded funds. Identifying the advantages and disadvantages of ETFs can help investors decide whether these securities make sense for their portfolios, and to maximize their rewards while reducing the risks. Key Takeaways ETFs are considered to be low-risk…

The crisis in renting in the UK right now means bidding wars, living with mould and damp, personality contests and skyrocketing rent. But why is the rental market so bad in Britain and is this the worst time ever to rent? [Watch the second episode in this series here: https://youtu.be/pLjXDSfltjE] [Subscribe: https://bit.ly/C4_News_Subscribe] For the millions of people who rent privately in the UK, you may have noticed it feels harder than ever right now. Or as one renter we spoke to told us – “It’s basically like the Wild West.” We put a message out online and were inundated with…

andresr Investment Thesis CarGurus (NASDAQ:CARG) reported strong gains following the COVID-19 as a result of profuse growth within its CarOffer business driven by inventory shortage of new cars. The company has more than halved from the top as a result of a decline in used car sales which had rendered its once a growth engine, CarOffer business, loss making. However, with the relative stability in the average vehicle sales price of used cars as well as repricing initiatives has helped them drive improvement in revenue per paying dealer and stem some decline within the CarOffer business with positive gross margins.…