Why Biden Is Vowing to Raise Taxes
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Biden vs. GOP: Tax fight heats up ahead of election
Rhetoric is heating up on competing visions for taxes from Democrats and Republicans ahead of the 2024 election, which will determine whether the individual provisions in the 2017 Trump tax cuts are extended, modified or thrown into the ...The Hill - Politics - Joe Biden -
Ministers of Germany, Brazil, South Africa and Spain: why we need a global tax on billionaires
Finance chiefs say higher taxes for the super-rich are key to battling global inequality and climate crisis. Billionaires should pay minimum 2% wealth tax, say G20 ministersWhen the governors of the World Bank and the International Monetary Fund ...The Guardian - World -
'It's on everybody's mind': Morehouse faculty and students raise concerns about Biden's graduation speech
Morehouse College’s leadership is set to hold a call on Thursday to address concerns over having President Joe Biden as the school’s commencement speaker next month.NBC News - Top stories - Joe Biden -
The Papers: Labour 'vow to nationalise rail' and school stabbing
Labour's election promise on the train network and a "horrific" Wales stabbing feature in the papers.BBC News - Top stories -
GOP critics vow no more US aid for Ukraine
Conservative skeptics of funding the war in Ukraine predict it will be the last major U.S. aid package for Kyiv that passes. The GOP critics of the package acknowledge that Senate Republican Leader Mitch McConnell (Ky.) won this round of the ...The Hill - Politics - Ukraine -
Embiid puts up 50, reveals Bell's palsy diagnosis
Joel Embiid scored 50 points to lead the 76ers to a needed Game 3 win over the Knicks and afterward addressed his recent diagnosis with a condition that has affected the left side of his face.ESPN - Sports -
How to Raise Housing Costs
California shows the way.The Wall Street Journal - World -
HMRC’s struggles pose ‘a threat to tax compliance’
Authority’s chief in talks with ministers over additional fundingFinancial Times - World -
Move Over, TurboTax? IRS Considers Expanding Free Tax-Filing Program
The Direct File website processed more than 140,000 returns, exceeding a goal announced in March.The Wall Street Journal - World -
Putin’s War Will Soon Reach Russians’ Tax Bills
Russia’s president has signaled an increase in income and corporate taxes that will help finance the war. The move reflects his firm control over Russian policy.The New York Times - World - Russia -
Putin’s War Will Soon Reach Russians’ Tax Bills
Russia’s president has signaled an increase in income and corporate taxes that will help finance the war. The move reflects his firm control over Russian policy.The New York Times - Top stories - Russia -
Unions vow to fight on as Tata Steel confirms plans to close blast furnaces
Decision will result in up to 2,800 job losses at Britain’s biggest producer of the commodityFinancial Times - World -
Thabo Mbeki vows to rid South Africa's ANC of 'rotten apples'
Yahoo News - World -
Russia Strikes Ukraine’s Railways and Vows to Slow Arrival of U.S. Aid
The attacks killed at least six civilians and injured dozens of others, the Ukrainian military and local officials said.The New York Times - World - Ukraine -
Russia Strikes Ukraine’s Railways and Vows to Slow Arrival of U.S. Aid
The attacks killed at least six civilians and injured dozens of others, the Ukrainian military and local officials said.The New York Times - Top stories - Ukraine -
Watch reaction when minister asks if Congo is a different country to Rwanda
The Question Time audience were surprised when Chris Philp answered an audience member's question about DR Congo.BBC News - Top stories -
What Is a ‘Decent Wage’? France’s Michelin Raises a Debate.
The tire maker vowed to ensure that none of its workers would struggle to make ends meet.The New York Times - Business -
Banned football fan raises £15,000 to sue
Linzi Smith's lawyer says the club's actions are a "huge overreach" in to her personal life.BBC News - Top stories -
What Is a ‘Decent Wage’? France’s Michelin Raises a Debate.
The tire maker vowed to ensure that none of its workers would struggle to make ends meet.The New York Times - Top stories -
Centene’s earnings crush estimates and company raises guidance
Centene Corp.’s stock rose 3.4% early Friday, after the managed healthcare provider blew past earnings estimates for the first quarter and raised its full-year guidance.MarketWatch - Business -
Trump's potential plan for Fed raises alarms
Former President Trump's potential plan to exert more influence over the Federal Reserve is alarming experts and investors. The Wall Street Journal reported Thursday that a group of Trump allies is crafting ways to chip away at the independence of ...The Hill - Politics - Donald Trump -
Billionaire tax to bolster Social Security popular in swing states
Voters in swing states are overwhelmingly supportive of taxing billionaires to support Social Security benefits, a new survey found. More than three-fourths — 77 percent — of voters across seven key swing states approved of the idea of raising ...The Hill - Politics -
German and Spanish ministers among those to demand rich pay more tax
Yahoo News - World - Germany -
Trump’s tariffs could overshadow the benefits of his tax cuts, economists say
As analysts assess what a second Trump administration could mean for the U.S. economy, one team from Oxford Economics is forecasting that the proposed tariffs could eclipse any boost from tax cuts.MarketWatch - Business - Donald Trump -
Move Over, TurboTax? IRS Considers Expanding Free Tax-Filing Program
The Direct File website processed more than 140,000 returns, exceeding a goal announced in March.The Wall Street Journal - World -
The IRS declared its foray into online tax preparation a success and is considering expansions.
The IRS declared its foray into online tax preparation a success and is considering expansions.The Wall Street Journal - World -
Meta's Costs Rise Rapidly as Zuckerberg Vows to Keep Spending on AI Arms Race
Meta Platforms reported record first-quarter sales, building on AI momentum in its ad business, although investors soured on forecasts of rising costs.The Wall Street Journal - Tech -
New York Vowed to Crack Down on Illegal Weed Shops. One Just Got a License.
New York officials had said that those who jumped the line to cash in on cannabis would not be rewarded over those who played by the rules.The New York Times - Top stories - New York -
Sunak pledge to boost defence spending raises prospect of cuts elsewhere
Economists and opposition question how government will lift MoD share of GDP to 2.5% and find extra £75bnFinancial Times - Business -
Sunak pledge to boost defence spending raises prospect of cuts elsewhere
Economists and opposition question how government will lift MoD share of GDP to 2.5% and find extra £75bnFinancial Times - World -
Mercer Raises $3.9 Billion for Multi-Asset Private Capital Fund
Private Investment Partners VII is designed to provide broad private markets exposure to investors that lack the internal resources to identify the best managers.The Wall Street Journal - World -
Cybersecurity Firm Rubrik to Raise $752 Million in U.S. IPO
The company, backed by investors including Microsoft and Lightspeed Venture Partners, is selling 23.5 million shares.The Wall Street Journal - Tech -
Rubrik Shares Jump 21% in Market Debut
The Microsoft-backed cybersecurity software firm becomes the latest tech company to have an IPO.The Wall Street Journal - World -
Blinken raises Chinese trade practices in meetings with officials in the financial hub of Shanghai
U.S. Secretary of State Antony Blinken has raised what the U.S. describes as unfair Chinese trade practices in meetings with local government officials in the financial hub of ShanghaiABC News - World -
Merck beats earnings expectations, raises outlook on strong Keytruda and vaccine sales
The first-quarter results come as Merck shows substantial progress in preparing for Keytruda's patent expiration in 2028.CNBC - Business -
A high-profile murder trial in Kazakhstan raises awareness of domestic violence
Kazakhstan has been riveted by the live-streamed trial of a businessman accused of murdering his wife, raising awareness about domestic violence.NBC News - Top stories -
New crash test results raise concern for some small SUVs
The Insurance Institute for Highway Safety has updated its testing of vehicles’ ability to avoid crashes. The results show there is some concern for smaller SUVs, as most models did not do well.CBS News - Top stories -
CARV raises $10M to build out modular data layer for gaming and AI
CARV announced that it's raised $10 million in funding to expand its modular data layer for gaming and AI.VentureBeat - Tech -
Movement Labs raises $38M to bring Facebook’s Move Virtual Machine to Ethereum
Movement Labs has raised $38 million in funding to bring Facebook’s Move Virtual Machine to Ethereum in order to improve security.VentureBeat - Tech -
NextEra Arm, Squeezed by Niche Financing, Considers Private Capital Raise
NextEra Energy Partners is mulling its options for how to pay bills coming due under an obscure type of financing that has weighed on the company since its stock price tumbled last year.The Wall Street Journal - World