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Mae Anderson and Paul Harloff  |  Associated PressNew York — The typical compensation package for chief executives who run companies in the S&P 500 jumped nearly 10% in 2024 as the stock market enjoyed another banner year and corporate profits rose sharply.Many companies have heeded calls from shareholders to tie CEO compensation more closely to performance. As a result, a large proportion of pay packages consist of stock awards, which the CEO often can’t cash in for years, if at all, unless the company meets certain targets, typically a higher...

WASHINGTON — Gov. Tim Walz vigorously leveraged federal “green” tax credits — for electric cars, solar panels and other clean energy technologies and projects — that are now on the chopping block as Congress moves forward on President Donald Trump’s game-changing budget. The One Big Beautiful Bill Act that would cut social programs, extend Trump’s first-term tax breaks and raise the nation’s debt ceiling, would phase out former President Joe Biden’s ambitious plans to combat greenhouse gases — and hopefully make energy more affordable — by providing tax incentives to...

Mumbai: The number of fake Indian currency notes detected in the banking system fell for the third consecutive year, reflecting improved security features and greater vigilance. According to RBI’s annual report for 2024-25, counterfeit notes identified dropped to 2,17,396 in FY25, down from 2,22,639 in FY24 and 2,25,769 in FY23.The decline was mainly seen in denominations of Rs 10, Rs 20, Rs 50, Rs 100, and Rs 2,000, although counterfeit Rs 200 and Rs 500 notes increased. RBI credited this trend to the modernisation of currency management and enhanced security...

Jennifer Bradley Franklin  |  Studio GannettDrew and Jonathan Scott are household names, known for their playful banter, attention to detail and commitment to quality on the home renovation projects they film for television shows such as "Property Brothers," "Celebrity IOU" and "Brother vs. Brother." The 47-year-old identical twins — Jonathan, a licensed contractor, and Drew, a real estate agent — didn’t set out to become the most famous siblings in the home improvement industry. Still, they have embraced the journey and sit at the helm of what could easily be...

This is CNBC's live blog covering Asia-Pacific markets. Asia-Pacific markets traded mixed Monday as investors assessed U.S. President Donald Trump's postponement of 50% tariffs on European Union imports. South Korea's Kospi index advanced 2.02% to close at 2,644.40, its highest level since Feb. 24, while the small-cap Kosdaq gained 1.3% to 725.27. In Japan, benchmark Nikkei 225 ended the day 1% higher at 37,531.53 while the broader Topix index added 0.6% to 2,751.91. Mainland China's CSI 300 index lost 0.57% to end the day at 3,860.11, while Hong Kong's Hang Seng Index fell 1.35% to 23,282.33. India's benchmark Nifty 50 moved up 0.53%...

AAA expecting busy Memorial Day weekend for travelOfficials with AAA believe over 45 million people will travel at least 50 miles from their homes for the upcoming Memorial Day weekend.Fox - 10 PhoenixThe Memorial Day holiday is rapidly approaching, and multiple services will be shuttered for the holiday.Is the stock market open or closed on Monday?Here's what we know about the stock market, banks, USPS mail delivery and more on Memorial Day:When is Memorial Day 2025? What date is Memorial Day this year?Memorial Day is on Monday, May 26, 2025.Will...

Since returning to the White House, US President Donald Trump has touted corporate and foreign US investment announcements as proof he is ushering in “the golden age of America”. On January 21, Trump said that before he’d finished the “first full business day” of his second term, the United States had “already secured nearly $3 trillion of new investments”. On April 2, he said, “It looks like we’re going to have about $6 trillion of investments”. Six days later, Trump told National Republican Congressional Committee Dinner attendees that the investment...

Japan's tariff negotiator is expected to propose greater investment by Japanese companies in the United States in the upcoming ministerial-level tariff talks in Washington. Economic Revitalization Minister Akazawa Ryosei is set to take part in the third round of talks in Washington on Friday, local time. Sources say Japan will present a plan to expand Japanese firms' investment in the US. It is likely to include Nippon Steel's offer to invest billions of dollars in US Steel, if its bid to acquire the US steelmaker is approved. Japan apparently aims...

A major shareholder of Japan's Fuji Media Holdings says it will launch a proxy fight so that its candidates for the firm's board will gain approval at the upcoming general shareholders' meeting. Fuji Media Holdings is the parent company of Fuji Television Network. They have been under fire for their handling of a sexual misconduct scandal. The shareholder, Dalton Investments, has proposed 12 candidates for the board, including Kitao Yoshitaka, the head of Japanese financial services firm SBI Holdings. Fuji Media, which opposes the proposal, has picked 11 candidates of...