Ford Motor Co. on Wednesday reported its 2024 adjusted earnings before interest and taxes dropped slightly to $10.2 billion, ...

The IRS treats interest earned on money in a savings account as taxable income. Your financial institution issues a 1099-INT form if you earned at least $10 in interest in the previous tax year. Some ...

Ford Motor beat Wall Street’s top- and bottom-line expectations for the fourth quarter but forecast a tougher year ahead for ...

IRS rules say that interest earned on bank accounts is taxable income. If you earned a bonus when opening a new account, you ...

Snap Inc. shares slid by the most in six months after the Snapchat owner issued a disappointing earnings outlook, taking away ...

O-I Glass, Inc. (“O-I”) (NYSE: OI) today reported financial results for the full year and fourth quarter ended December 31, 2024.

But that interest comes at a price. Generally, the IRS requires you to pay federal taxes on any savings account interest you earn in a given year, regardless of whether it’s $1 or $100.