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- US drops key obstacle to global digital tax: TreasuryUS Treasury Secretary Janet Yellen told her G20 colleagues Friday that Washington is dropping a push for a controversial provision in a global digital tax, opening the door to a likely agreement.The US shift — part of a broader repositioning by President Joe Biden from the “America First” agenda of former President Donald Trump — […]
- U.S. Suffers Sharpest Rise in Poverty Rate in More Than 50 Years – BloombergThe end of 2020 brought the sharpest rise in the U.S. poverty rate since the 1960s, according to a study released Monday. Economists Bruce Meyer, from the University of Chicago, and James Sullivan of the University of Notre Dame found that the poverty rate increased by 2.4 percentage points during the latter half of 2020 […]
- Deeper job cuts at Boeing as pandemic throttles air travelBoeing said Wednesday that it will cut 7,000 more jobs as it continues to bleed money during a pandemic that has smothered demand for new airline planes. The company said that when retirements and other employee departures are included, its workforce will shrink to about 130,000 by the end of next year, or 30,000 fewer […]
- Trump hails ‘manufacturing miracle’ as factories bleed jobs – POLITICOFour years after he won the Midwest by vowing to revitalize the U.S. manufacturing workforce, President Donald Trump is campaigning for reelection on a job well done. The numbers tell a different story. The president's anti-trade agenda and a pandemic-induced recession have combined to shutter factories and accelerate trends toward automation. Source: Trump hails ‘manufacturing […]
- Amazon’s Drone Delivery Fleet Hits Milestone With FAA ClearanceAmazon’s Drone Delivery Fleet Hits Milestone With FAA Clearance. (Bloomberg) — Retail behemoth Amazon.com Inc. took a big leap toward delivering goods from the sky by becoming one of only a handful of companies certified by the U.S. government to operate as a drone airline. The Federal Aviation Administration designated Amazon Prime Air an “air […]
Money Magazine
- The average rate for a 30-year fixed-rate mortgage ended the week at 3.364%.
- Learn all about flood insurance with Money's expert guide.
- One incredibly versatile flashlight can handle all your needs.
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- Learn all about Medicare plans with Money's expert guide.
Market Watch
- This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news.
- This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news.
- This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news.
- This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news.
- This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news.
The Economist
- They may also stoke fears of a new taper tantrum
- Wherever there is a primary market, a secondary one is never far behind
- Look beyond the tepid headline numbers, and hiring seems robust
- A mismatch between what landlords and tenants want could hold things up
- They range from fads to potential rivals to bitcoin