Higher Bank Taxes Would Be An Economic Own Goal
Sort by
Date
-
McDonald's is the latest company to roll back diversity goals
Four years after launching a push for more diversity in its ranks, McDonald’s is ending some of its diversity practices, citing a U.S.NBC News - Jan. 6 -
Why bank stocks care that Michael Barr is stepping down as top Fed banking cop
As vice chair of supervision, Barr was leading the effort to raise capital requirements for banks.MarketWatch - Jan. 6 -
He Owns the Worst Gloves in Hockey, and He’s Not Giving Them Up
The Bruins star Brad Marchand has an endorsement deal that allows him to get new gloves whenever he wants. He won’t take advantage of it.The New York Times - Jan. 6 -
France signals fewer spending cuts and tax rises ahead of budget talks
Economy minister seeks to ‘protect growth’ with slightly higher deficit target for 2025Financial Times - Jan. 6 -
Firms to raise prices due to tax and wage increases
Consumers could face higher costs in the coming months amid falling confidence among UK businesses.BBC News - Jan. 6 -
Who Owns Jan. 6?
Trump is trying to rewrite history, but history may not comply.The New York Times - Jan. 6 -
Investment banks prepare for crunch year in 2025
Boutiques counting on M&A rebound to support elevated valuations and star hiresFinancial Times - Jan. 6 -
Trump backs massive single bill for taxes, border and energy
Some Republicans have expressed support for enacting two pieces of legislation, instead of trying to stuff everything into one bill.Politico - Jan. 5 -
Millions to See Higher Social Security Payments from Biden Bill
This bill will affect 3 million people’s Social Security benefits.Inc. - Jan. 5 -
Cowboys kicker Brandon Aubrey breaks own Dallas single-season record for most made field goals
The All-Pro kicker drilled his 37th made field goal of 2024, breaking a tie with his 2023 totalCBS Sports - Jan. 5 -
Sen. Banks: ‘I don’t think Mike Johnson would have been speaker’ without Trump
Sen. Jim Banks (R-Ind.) said on Sunday he doesn’t think Speaker Mike Johnson (R-La.) would have been reelected to his leadership post without the backing of President-elect Trump. “Donald Trump ...The Hill - Jan. 5 -
From Trump tariffs to AI: the big economic questions facing governments in 2025
The main issues confronting policymakers around the world seem particularly portentous this new year. January is always a time for new beginnings and fresh thinking. But with Donald Trump heading ...The Guardian - Jan. 5 -
Polish wealth managers warn against tax changes for family foundations
Structure was set up in 2023 to encourage money to stay in the countryFinancial Times - Jan. 5 -
Steep costs of Irish reunification deter Dublin despite tax windfall
Ending division between north and south could lead to €20bn bill every year for two decadesFinancial Times - Jan. 5 -
Richard A. Easterlin, ‘Father of Happiness Economics,’ Dies at 98
He put forth the so-called Easterlin paradox, finding that the richer you are doesn’t mean the more satisfied you’ll be with your life.The New York Times - Jan. 4 -
US homebuilder shares slide on fears of higher rates and Trump tariffs
Threat of rising costs brings post-pandemic rally to a haltFinancial Times - Jan. 4 -
Only US leadership can stop China’s economic power in Latin America
The only way to stop China’s accelerated advance in Latin America continues to be democracy and the counterweight of greater leadership from Europe and the U.S.The Hill - Jan. 4 -
Stocks will struggle under Trump if this rate keeps going higher
U.S. debt concerns and higher Treasury yields may be stumbling blocks for stocks in 2025.MarketWatch - Jan. 4 -
Meta is killing off its own AI-powered Instagram and Facebook profiles
Instagram profile of ‘proud Black queer momma’, created by Meta, said her development team included no Black people. Meta is deleting Facebook and Instagram profiles of AI characters the company ...The Guardian - Jan. 3 -
Rose on Bulls jersey retirement: 'Would love that'
Derrick Rose said he'd like to see his No. 1 Chicago Bulls jersey hanging from the rafters at the United Center someday.ESPN - Jan. 3 -
DraftKings tests a subscription service as it looks to offset high New York taxes
DraftKings is testing the subscription service in New York, which is tied for the highest tax rate on sports wagering in the country.CNBC - Jan. 3 -
Recovery in US car sales eases fear of economic malaise settling in
Strong purchase data to end the year reverses downward trend as lower interest rates and better deals lure buyersFinancial Times - Jan. 3 -
Nuclear-Energy Stocks Gain After Easing of Hydrogen Tax-Credit Rules
The final rule for clean-hydrogen production would allow some nuclear power plants that are at risk of retirement to produce the gas.The Wall Street Journal - Jan. 3 -
Britain’s economic gloom is overdone
The government can tackle bad vibes with a positive vision for growthFinancial Times - Jan. 3 -
NFL Owns 72 of TV’s Top 100 as Politics Loosens Sports’ Grip
While the long shadow of another quadrennial upheaval threatened to diminish the NFL’s stranglehold on American media consumption, the 2024 election cycle had relatively little impact on the ...Yahoo Sports - Jan. 3 -
Online traders warned to check tax return status
Deadline looms as Airbnb, eBay and other platforms report individuals’ incomeFinancial Times - Jan. 3 -
What the End of a U.N. Agency Would Mean for Palestinians
Israeli legislation will effectively halt work by Unrwa, the U.N. organization that provides food, education and medical treatment in the Palestinian territories.The Wall Street Journal - Jan. 2 -
UK heading for tax rises despite return to growth, economists say
The FT’s annual poll forecasts better performance than France and GermanyFinancial Times - Jan. 3 -
Palestinian Authority Bans Al Jazeera in West Bank
The ban comes as the PA battles militants from Hamas and its allies for control over parts of the West Bank, a fight that could shape the struggle for leadership of the Palestinian cause.The Wall Street Journal - Jan. 2 -
‘The only thing you need is your own mind’: how to start meditating
Meditation isn’t about perfectionism or blocking thoughts, experts say – the goal is to develop ‘a balanced awareness’. Everyone has to start somewhere. In this new column, experts give advice ...The Guardian - Jan. 2 -
5 New Year’s resolutions for higher education
Just over half of Americans believe higher education has a positive effect on the country, and majorities of both parties think higher education is unaffordable and headed in the wrong direction.The Hill - Jan. 2 -
2025: The Year Commercial Space Reaches Even Higher?
Space is open for business, and with a entrepreneur astronaut tapped to lead NASA, the promise of startups and small private space companies may be a hallmark of 2025. And, of course, giant rockets.Inc. - Jan. 2 -
The Erdoğan whisperer behind Turkey’s economic pivot
Vice-president Cevdet Yılmaz has played a crucial backstage role managing the turn to financial orthodoxyFinancial Times - Jan. 2 -
Here are 9 states cutting their individual income taxes on Jan. 1
Some states are ushering in lower income tax rates in January, part of a recent push to cut taxes for their residents.CBS News - Jan. 1 -
‘We can be weirdos too’: the Black mermaids creating their own fantasy worlds
Mermaiding has gained popularity in the US – and Black mermaids are using the activity to advocate for aquatic safety, raise environmental awareness and connect to African spirituality. Dressed in ...The Guardian - Jan. 1 -
Tossing Speaker Johnson would be a huge mistake
A drawn-out battle over the Speaker’s gavel would be the worst way to begin the 2025 legislative session.The Hill - Jan. 1 -
How 'Saturday Night' editors dialed up the anxiety as their own deadline approached
'Saturday Night' editors Nathan Orloff and Shane Reid worked in tandem to find the manic energy of the fledgling show as deadline drew closer.Los Angeles Times - Jan. 1 -
Xi Jinping, China’s Leader, Nods to Economic Challenges
In a New Year’s address, Xi Jinping made a rare acknowledgment of the flagging economy while reiterating the government’s growth targets.The New York Times - Jan. 1