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Here's why IRS tax audits have declined over the past decade
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Funding for the IRS has been squeezed for the past 10 years, which has correlated with a decline in audit rates across all tax brackets.

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Tesla just slightly raises Model Y price – Electrek
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Biden says three recently downed aerial objects were not linked to Chinese spy program
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The remarks put to rest mounting pressure from Congress to tell the public about what these three balloons were, and whether they posed an ongoing threat.

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My wife and I live ‘an average life’ in the Bay Area making $320K. Last year, we bought a house for $200K over asking — now we don’t want to live in it. Should we get professional help?
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Swedish central bank chief says more rate hikes likely due to stubborn inflation
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DraftKings says no evidence systems were breached following report of a hack
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The company said it has identified less than $300,000 of customer funds that were affected by unusual activity.

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Warren Buffett’s Berkshire Hathaway Keeps Buying Even More of This Oil Company’s Stock
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Crypto markets are undergoing a 'flight to quality,' says Goldman Sachs digital assets chief
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Mathew McDermott, who leads the digital asset unit at Goldman Sachs, lays out how blockchain technology could enable greater liquidity across the marketplace.

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The Davos elite like to make bold predictions. But they don't always get them right
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The World Economic Forum in Davos, Switzerland, kicks off next week. Here’s a recap of some of the calls made at the high-profile meeting in recent years.

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'This is so not OK’: Suze Orman says avoid these 5 financial blunders if you want to live your best life in retirement
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Russia's war on Ukraine latest: Black Sea grains export deal renewed
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SVB Fallout Spreads Around the World as UK Firms Plead for Help
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China's Evergrande delivers first electric vehicles
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Money managers are hopeful about the stock market in 2023. How they plan to invest
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Investors around the country tell CNBC where they’re most confident and most fearful about the market in 2023.

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Stocks moving in after-hours: United Airlines, First Republic, Charles Schwab
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At least 3 dead, 5 injured in shooting at Michigan State University
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With unions aligned, timeline for rail strike and railroad emergency prep is now clear
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With four rail unions now aligned on a December 9 strike date, the timeline for railroad strike prep and impact on key sectors like chemicals is clearer.

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Bernstein maintains Kweichow Moutai at Outperform
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China putting U.S. space assets at risk, senior U.S. officer says
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Twitter is auctioning off espresso machines and kegerators from its San Francisco headquarters
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Among the numerous kitchen supplies that Twitter is selling includes a rotisserie cooker, multiple refrigerators and pizza ovens.

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Swiss National Bank chairman flags high probability of rate rise
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America’s richest lost $660 billion collectively in 2022 — Elon Musk lost the most
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U.S. billionaires’ net worth shrank the most compared to those in other countries, reports Forbes. Here’s how much money the country’s richest lost in 2022.

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Treasury Department announces new Series I bond rate of 6.89% for the next six months
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The Treasury Department on Tuesday announced Series I bonds will pay 6.89% annual interest through April 2023. Here’s what investors need to know.

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Binance's native BNB token plunges to lowest since July as concerns mount about withdrawals, FTX ties
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Crypto exchange giant Binance, the firm that would potentially bail out FTX, is facing its own questions now, and investors are selling out of its native coin.

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