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Biden, who earlier last year signed into law a 1% tax on corporate stock buybacks, used his speech to call for that to be quadrupled, as well as renew his calls for higher taxes on billionaires. If companies sense such a tax is imminent, it might spur them to speed up buybacks and eventually shift toward paying dividends instead. "If this tax encourages companies to raise their dividends instead of buying back shares, all in all, it's not a bad thing." Other topics were also watched by investors, particularly remarks on China, a key area of interest for investors. BUYBACKS & BILLIONAIRESCorporate stock buybacks, where public companies buy back their own shares, thereby juicing the price of the shares as a way to return cash to shareholders, have grabbed headlines this year.
"If this tax encourages companies to raise their dividends instead of buying back shares, all in all, it's not a bad thing." Other topics will be watched by investors, particularly remarks on China, a key area of interest for investors. BUYBACKS & BILLIONAIRESCorporate stock buybacks, where public companies buy back their own shares, thereby juicing the price of the shares, as a way to return cash to shareholders, have grabbed headlines this year. S&P 500 companies' stock buybacks are expected to total $220 billion for the fourth quarter of 2022, with 2023 set to be the first fiscal year with over $1 trillion in buybacks, according to data from S&P Dow Jones Indices. Biden is also expected to call for another narrow tax increase: a "billionaire minimum tax" aimed at taxing the unrealized capital gains from assets such as stocks, bonds, or privately held companies of high-net-worth individuals.
The poll finds an American public that’s equally concerned about the discovery of classified documents found at Biden’s and Trump’s homes, even though the current president and ex-president handled their situations in different ways. Sixty-seven percent of Americans say it’s concerning that classified documents were found at Biden’s former office and personal home, including 33% who say it’s “very” concerning; 18% say it’s not too concerning or concerning at all. Strikingly, a majority of Democrats (52%) say they’re concerned about Biden’s classified documents, while a majority of Republicans (53%) are concerned about Trump’s. The NBC News poll was conducted Jan. 20-24, so mostly before the Jan. 24 news that small number of classified documents were found at former Vice President Mike Pence’s home. The most popular ideas: providing a pathway to citizenship for undocumented immigrants who meet certain requirements (80% say Congress should do this), taking a harder line against China (75% say Congress should act) and addressing immigration by increasing border security (72%).
Forty-eight percent of likely voters say they prefer a Democratic-controlled Congress as the outcome from Tuesday’s elections, while 47% prefer a Republican-controlled Congress. Among all registered voters, congressional preference is tied at 47%-47% — essentially unchanged from last month, when Democrats held a narrow 1-point edge, 47%-46%. Yet what has changed in the poll is that Democrats have caught up to Republicans in election interest. An identical 73% of Democrats and Republicans express high interest, registering either a “9” or “10” on a 10-point scale. In October’s NBC News poll, Republicans held a 9-point advantage in high voter interest, 78% to 69%, after Democrats had previously closed the enthusiasm gap following the U.S. Supreme Court's decision to overturn the Roe v. Wade decision on abortion.
‘To be a successful portfolio manager you have to have an ego the size of a house,’ said Joan E. Lappin. Joan Berger, later known by her married name of Joan E. Lappin, was a rarity in the late 1960s as a female investment analyst in New York. Her employer, Equity Research Associates Inc., tried to exploit that novelty with a 1969 ad in Institutional Investor magazine. “What’s a nice girl like Joan doing on Broad Street?” the ad asked. A phone number was provided for money managers wishing to meet her.
And two-thirds of reliable Democratic and Republican voters say they’d still support their party’s political candidate, even if that person had a moral failing that wasn’t consistent with their own values. In the Oct. 2010 NBC News/WSJ poll, Barack Obama’s approval rating was 45% (when Democrats lost 63 House seats in that midterm election). Seventy-one percent of voters say the country is headed in the wrong direction, compared with 20% who say it’s on the right track. A divided electorateThe NBC News poll shows just how polarized the electorate is before the midterm elections. And 60% of all voters say that President Biden won legitimately in 2020, compared with 33% (and 65% of Republicans) who say he didn’t win legitimately.
The U.S. company is facing a series of antitrust cases and the tightening of existing tech-sector regulations in India. The competition watchdog is separately looking in to Google's business conduct in the smart TV market and its in-app payments system. The Android-related probe, started in 2019, was sparked by a complaint from two junior Indian antitrust research associates and a law school student. Google was ordered by India on Thursday not to restrict smartphone users from uninstalling its pre-installed apps like Google Maps and Gmail. Google's Android operating system powers 97% of India's 600 million smartphones, according to Counterpoint Research.
That’s essentially unchanged from last month’s NBC News poll, which had Republicans ahead by 2 points, 47%-45%, well within that poll’s margin of error. In this new poll, Democrats enjoy advantages among Black voters (77%-8%), those in the age group 18-34 (57%-33%), whites with college degrees (58%-38%), women (53%-40%) and Latinos (46%-42%). That’s essentially unchanged from August, when 68% of Republicans and 66% of Democrats expressed high interest. By comparison, Biden’s favorability score in the new NBC News poll is 42% positive, 47% (-5). And on the topic of abortion, 61% of voters say they disapprove the U.S. Supreme Court’s decision in June overturning Roe v. Wade, compared with 37% who approve.
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