As Americans navigate through their financial lives, many are aware of the inflation adjustments that are made to various thresholds each year. These adjustments play a crucial role in allowing households to keep up with the rising cost of living. For instance, Social Security benefits, federal income tax brackets, and contribution limits to 401(k) plans
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Renowned short seller Jim Chanos has vehemently denied the accusations brought against him in a recent lawsuit. He referred to the claims as “false, baseless and defamatory” in a statement given to CNBC. The lawsuit, filed by Conlon Holdings, a Chicago-based firm headed by Sean Conlon, alleged that Chanos had used his company as a
Norfolk Southern has recently announced a whopping $310 million settlement to address the aftermath of a toxic train derailment that occurred in East Palestine, Ohio in February 2023. The settlement mainly consists of an estimated $235 million earmarked for covering all past and future cleanup costs arising from the incident. Additionally, the company is set
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