With flight delays mounting, the Senate approved hurry-up legislation Thursday night to end air traffic controller furloughs blamed for inconveniencing large numbers of travelers. A House vote on the measure could occur on Friday. (April 26)
According to a report, President Biden’s proposed 2025 budget would increase the top marginal rate on long-term capital gains and qualified dividends to an astonishing 44.6%.
Alongside another blockbuster earnings report, Nvidia said it planned to split its stock. Here's a look at what that means: + **Why is Nvidia splitting its stock?** The company said it wants to "make stock ownership more accessible to employees and investors." A split lowers the per-share price of a stock, theoretically putting it in reach for more small investors (though nowadays, brokers offer fractional share trading, meaning this isn't a big obstacle.) It is also marginally good news for bigger investors, who tend to prefer dealing in round lots of 100 shares at a time.