Several financial experts say the Biden administration’s proposal to raise capital gains tax will negatively affect the US economy.
Tags: US
Google to Close San Francisco Mega-Office at One Market Plaza by 2025
Google announced that they plan to leave its One Market Plaza office in San Francisco by April 2025 in order to consolidate its operations in the Bay Area at a smaller site nearby.
Enerplus Misses Q1 2024 Profit Targets While Processing Acquisition by Chord
Canadian oil and energy company Enerplus reported an 18.6% revenue loss for its Q1 2024 report compared to figures at the same period last year.
US-China Rivalry Could Shrink Global Economy By 7%, IMF Finds
Differences between Western nations led by the U.S. and China-aligned economic blocs threaten global trade cooperation and economic growth, as a top IMF official warned. Escalating tensions between Washington and Beijing could potentially cost the world's GDP up to 7%.
Fake Shops Propped by Chinese Scammers Stole Money, Personal Data from Over 850,000 People: Data Analysts
Data analysts from the German cybersecurity consultancy SRLabs said that a large network of fake online designer shops apparently operated from China have stolen money and personal data from over 850,000 people in Europe and the United States.
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With US household debt reaching all-time high, people can pay off their debt by sticking to their preferences and asking for financial advice.
The administration of President of Joe Biden has implemented visa restrictions on executives of several Colombian maritime transportation companies accused of exploiting vulnerable migrants seeking to enter the US.
A former TikTok executive claims that CEO Shou Zi Chew mainly serves as a "conduit" for ByteDance executives who truly make the decisions for the platform.
Americans are preparing for another wave of increased housing expenses, according to the Federal Reserve Bank of New York.
Former Starbucks CEO Howard Schultz asked his successor Laxman Narasimhan and other Starbucks senior officials to communicate with shop baristas and work with them to enhance coffee service.
Israel is "unaware" of any US decision to halt a supply of ammunition to Israel, an Israeli source said.
US President Joe Biden's economic advisor Jared Bernstein acknowledged his inability to explain how money works.
The US dollar dipped to a three-week low against the Japanese yen on Friday following reports of US jobs and wage growth slowed down in April.
Canada is increasing its surveillance to detect a potentially harmful strain of avian flu amid the growing outbreak of H5N1 in US dairy cattle.
