Biden calls for higher income tax on billionaires: "They can afford it"
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Fixed income should have more love in a ‘higher and hold’ world
The prospects for returns are much brighter, with bond yields at the highest levels since the global financial crisisFinancial Times - World -
Hunter Biden attorneys ask for delay in tax case
Hunter Biden’s attorneys have asked the judge overseeing his tax case in California to delay the trial, which is set for June, until September or later. Earlier this week, Biden lost his attempt to delay his federal gun trial in Delaware, with the ...The Hill - Politics - Joe Biden -
Google's Newest AI Can Listen In on Calls to Detect Scammers
Android phones could soon alert users to language that indicates fraud. If it works correctly, it could save you money.Inc. - Business - Google -
Walmart Stock Hits Record Close on Strong Quarter
The largest U.S. retailer had robust quarterly results and an upbeat outlook, giving insight into how consumers are weathering high interest rates.The New York Times - Business -
JD.com Beat Estimates With Higher Profit, Sales
Chinese e-commerce giant JD.com posted a rise in quarterly profit, beating estimates as its core businesses grew despite fierce competition with peers such as Alibaba and PDD.The Wall Street Journal - Business -
Dow Edges Higher at the Open After 40000 Milestone
Stocks rose slightly after major U.S. markets pulled back from their record highs on Thursday.The Wall Street Journal - World -
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Treasury yields end higher for first time in four sessions
Rates on U.S. government debt closed higher on Thursday, with 10- and 30-year yields bouncing off their lowest levels since early April, after a fresh round of data.MarketWatch - Business -
Stock market looks strong enough to stay in this higher orbit
Momentum has taken over the moment.MarketWatch - Business -
Gold Prices Rise as U.S. Inflation Data Boosts Rate Cut Hopes
Gold rose on renewed hopes for Federal Reserve interest-rate cuts, after U.S. inflation eased slightly in April in line with expectations.The Wall Street Journal - World -
Oil Prices Rise on Positive Inflation Data, Stockpile Falls
Oil prices rose, with positive sentiment supported by positive economic data and a fall in inventories.The Wall Street Journal - World -
Treasury yields hold steady despite data showing U.S. is about to face serious headwinds
Rates on U.S. government debt were slightly higher Friday morning even after Conference Board data pointed to softer economic conditions ahead.MarketWatch - Business -
Oil futures edge higher, set for modest weekly gains
Oil futures head for modest weekly gains on Friday as some economic data from the U.S. and China raised hopes for stronger crude demand.MarketWatch - Business -
Walmart surges to all-time high as earnings beat on high-income shopper, e-commerce gains
Walmart, the nation's largest retailer and private employer, is often seen as a bellwether for the U.S. economy and saw sales jump 6% in the quarter.CNBC - Business -
Lionel Messi’s $20.4m Inter Miami income exceeds payrolls of all but four MLS teams
Miami lead MLS in payroll with $41.7 on salariesArgentinian also has estimated endorsements of $70mLionel Messi’s annualized pay from his MLS contract with Inter Miami is just over $20.4m in his first full season, exceeding the payrolls of all but ...The Guardian - World - MLS -
Hunt hints at another National Insurance tax cut
Jeremy Hunt promises further tax cuts, as he launches an attack on Labour's plans ahead of an election.BBC News - Top stories -
You Made a Mistake in Your Taxes. Now What?
The rules around amending a return can get complicated. Here’s what you need to know.The Wall Street Journal - World -
Chicago Won't Tax Its Way Out of This Mess
Chicagoans consistently rank taxes neck and neck with public safety as their top concern.The Wall Street Journal - World -
Keir Starmer must beware the Biden factor: you can govern well and lose the country | Jonathan Freedland
Politics is about achieving things and telling a compelling story. But neither the president – nor Starmer – can match Trump’s gift for narrative. The smile was the giveaway. Asked whether he was “just a copycat” of Tony Blair at the launch of his ...The Guardian - World - Joe Biden -
Honduran city’s air pollution is almost 50 times higher than WHO guidelines
San Pedro Sula is rated ‘dangerous’ as effects of forest fires, El Niño and the climate crisis cause a spike in respiratory illnesses. The air quality in San Pedro Sula, the second-largest city in Honduras, as been classified as the most polluted ...The Guardian - World -
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US green energy push expected to generate $47bn market in tax credits
Oil companies, banks, private equity and others partner with renewables developers to offset liabilitiesFinancial Times - World -
Here are some options to reduce taxes on your savings interest this year
Here's how to reduce income taxes on your savings interest amid rate uncertainty from the Federal Reserve.CNBC - Business -
Hunt to claim only Tories will cut UK tax burden after the election
Chancellor to attack Labour in keynote speech after canvassing tech bosses’ views on growth measuresFinancial Times - Business - United Kingdom -
Private Equity Warms Up to Clean-Energy Tax Credits
Private-equity firms are beginning to tap a nascent market for clean-energy tax credits, betting on a boost to returns from helping project developers get better terms for the tradable credits.The Wall Street Journal - World -
Hunt signals pre-election tax cut as Tories move on to campaign footing
UK chancellor accuses Labour of ‘a lie’ and funding ‘black hole’ in political speechFinancial Times - Business -
Voters want to tax outrageous CEO pay. Are lawmakers listening?
A new poll reinforces my informal findings: Americans across the political spectrum are fed up with overpaid CEOs — and want something done about it.The Hill - Politics -
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White House Considers Easing Sanctions on Israeli Billionaire
A deal to allow the Israeli billionaire Dan Gertler to cash out his mining positions in the Democratic Republic of Congo has enraged human rights activists and some government officials.The New York Times - Top stories - Israel