Plans to slash barnyard emissions in the Netherlands would mean shrinking cattle herds, prompting furious protests and warnings of danger to the huge export industry.
(Bloomberg) -- President Vladimir Putin’s invasion of Ukraine set Russia’s economy back four years in the first full quarter after the attack, putting it on track for one of the longest downturns on record even if less sharply than initially feared.Most Read from BloombergAuthor Salman Rushdie Attacked on Lecture Stage in New YorkThe Fed’s Damage to the Housing Market May Last YearsStriking Drop in Stress Hormone Predicts Long Covid in StudyTrump Calls for Release of Warrant Documents Used in Se
Closing the carried interest loophole for private equity managers could raise $180 billion over 10 years–and it wouldn't hurt a single investor.
The proposals aim at boosting domestic energy production, extending healthcare benefits and lowering the costs of prescription drugs, and increasing federal tax enforcement.
A bill is headed for consideration by the full Senate that would move the age at which you have to start drawing down your retirement plan savings to 75. The House of Representatives passed a similar measure, so sponsors are … Continue reading → The post You're One Step Closer to Being Able to Delay Your RMDs in Retirement appeared first on SmartAsset Blog.
Federal sources tell Newsweek what happened at Mar-a-Lago: The FBI truly thought this wasn't going to be a big deal. Whoops.
(Bloomberg) -- Amazon.com Inc., Oracle Corp. and other data providers pressed by a group of US lawmakers about how they sell mobile phone location data offered assurances that the information couldn’t be used to track individuals seeking abortion services.Most Read from BloombergAuthor Salman Rushdie Attacked on Lecture Stage in New YorkThe Fed’s Damage to the Housing Market May Last YearsStriking Drop in Stress Hormone Predicts Long Covid in StudyTrump Calls for Release of Warrant Documents Use
Cushman & Wakefield, which appraised several properties belonging to Donald Trump, is no longer in contempt of court for not complying with a subpoena for the New York attorney general's civil probe into the former U.S. president's business. In an order made public on Friday, Justice Arthur Engoron of a New York state court in Manhattan said Cushman had "purged its contempt of court," and that under an agreement with Attorney General Letitia James "no fines were paid, or need be paid." The attorney general is investigating whether Trump and his family business, the Trump Organization, fraudulently inflated the values of golf clubs, hotels and other assets to obtain loans, and reduced those values to save on taxes.
Renewable energy is hitting its stride in both Europe and the U.S. Here are six stocks for the long haul.
Senate Democrats announced a deal on a $700 billion Inflation Reduction Act that aims to reduce inflation by paying down the national debt, lowering energy costs and extending affordable healthcare coverage for millions of Americans. This proposed legislation will need the … Continue reading → The post Inside the $700 Billion Inflation Reduction Act appeared first on SmartAsset Blog.
A corporate minimum tax in a congressional spending bill set for passage on Friday will not bring the United States into compliance with a separately negotiated 137-country deal for a global minimum tax. Although both taxes are the same rate - 15% - they are separate items that apply differently to companies. The U.S. House of Representatives was scheduled to vote on Friday on the $430 billion legislation, already passed by the Senate, and send it to President Joe Biden's desk for signing into law, a political triumph for his Democratic Party ahead of the Nov. 8 midterm election.
Belarusian commander fighting in Ukraine says there will be 'troop sabotage' in Minsk's ranks if it tries to force its troops to aid Russia's war.
U.S. regulators raised doubts about Cheniere Energy's decision to install higher-polluting gas-fired turbines at its Gulf Coast liquefied natural gas terminals in Texas and Louisiana years before they began operating, according to documents reviewed by Reuters. The documents show that Cheniere, the top U.S. LNG exporter, may have had a chance to avoid its current struggle with looming federal limits on emissions of formaldehyde and other dangerous chemicals. The Texas-based company could be forced to undertake outages that might reduce or slow gas shipments to make expensive upgrades, potentially wiping out any cost savings made a decade ago when it disregarded concerns from the U.S. Environmental Protection Agency.
"I'd like to see a period of sustained inflation under control, and until we do that I think we are just going to have to move rates into restrictive territory," Barkin told CNBC. While data this week showing inflation did not accelerate in July was "welcome," Barkin said, he would want to see inflation running at the Fed's 2% target for "some time" before stopping rate hikes. The Fed has increased its policy rate sharply in recent months, including with two back-to-back 75-basis-point rate hikes in June and July that brought the Fed's target rate range to 2.25%-2.5%.
The stock market sell-off has led to declining prices in excellent and poor companies alike. When uncertainty is high, it can be comforting to fall back on fundamentals. One tried and true long-term strategy is to invest in Dividend Aristocrats, which are S&P 500 components that have paid and raised their dividends for at least 25 consecutive years.
(Bloomberg) -- Russia defied growing international pressure to grant inspectors immediate access to Europe’s largest nuclear plant in occupied Ukraine amid fears of a catastrophe, saying a visit can’t take place before the end of the month. Most Read from BloombergAuthor Salman Rushdie Attacked on Lecture Stage in New YorkThe Fed’s Damage to the Housing Market May Last YearsStriking Drop in Stress Hormone Predicts Long Covid in StudyTrump Calls for Release of Warrant Documents Used in SearchPuti
Trump says report of nuclear weapons documents at Mar-a-Lago is a 'hoax'
(Bloomberg) -- Russia is considering purchases of China’s yuan, India’s rupee and Turkey’s lira for its wealth fund under a budget mechanism that uses excess income from energy sales.Most Read from BloombergAuthor Salman Rushdie Attacked on Lecture Stage in New YorkThe Fed’s Damage to the Housing Market May Last YearsStriking Drop in Stress Hormone Predicts Long Covid in StudyTrump Calls for Release of Warrant Documents Used in SearchPutin’s War Sends Russian Economy Back to 2018 in Single Quart
Lockheed (LMT) is set to procure long-lead time materials, parts, components, and effort for the production of 14 F-35A aircraft and four 15 F-35B aircraft
"Nuclear weapons issue is a Hoax, just like Russia, Russia, Russia was a Hoax," the former president raged on Truth Social
UKRAINSKA PRAVDA - FRIDAY, 12 AUGUST, 2022, 10:59 Oleksii Reznikov, the Minister of Defence of Ukraine reported that another batch of British M270 MLRS had arrived in Ukraine. Source: Reznikov on Twitter Quote from Reznikov: "UK promised, UK delivered! More M270 MLRS arrived in Ukraine.