Five Tax Moves To Make Before December 31 That Most People Miss

Shake Shack Gets Smoked After Cutting Guidance Shake Shack plunged on Tuesday, hitting its lowest levels since November 2023, after the burger chain slashed second-quarter guidance only about a month after issuing it. Baird analyst David Tarantino said the new outlook is viewed as "incrementally negative" for Shake Shack. Tarantino noted that management had set an "unusually high bar" for 2Q comparable performance with its previous outlook, implying mid- to high-single-digit comps in May and June after -.6%. He added that the updated guidance ranges may be attributed to new CFO...

Bessent Says US, China To Launch AI Safety Talks After Trump-Xi Meeting In Beijing Authored by Tom Ozimek via The Epoch Times (emphasis ours), Treasury Secretary Scott Bessent said on May 14 that Washington and Beijing would begin formal discussions on artificial intelligence (AI) safety protocols following meetings between U.S. President Donald Trump and Chinese leader Xi Jinping in Beijing. Bessent’s comments come as the rival powers sought to stabilize ties strained by trade disputes, the Iran conflict, and AI competition. U.S. Treasury Secretary Scott Bessent arrives at Incheon International Airport ahead...

As the economy falters, socialists are getting elected, promising free goods and services and an end to the chaos. Even when they make things worse, however, they will still gain political power.