Paul Gigot Interviews Bjorn Lomborg
Paul Gigot Interviews Bjorn Lomborg
Michael Burry, who bet on the collapse of subprime mortgages ahead of the 2008 financial crisis, is worried about the economy.
Sen. Kyrsten Sinema, the Arizona Democrat who single-handedly thwarted her party's longtime goal of raising taxes on wealthy investors, received nearly $1 million over the past year from private equity professionals, hedge fund managers and venture capitalists whose taxes would have increased under the plan.
Western sanctions have ‘limited impact’ on Putin regime, warns International Energy Agency GDP fell by 0.1pc in second quarter, first decline since early 2021 FTSE 100 adds 0.5pc Ambrose Evans-Pritchard: The next PM should not be bounced into stupid energy policies by this mood of near hysteria Sign up here for our daily business briefing newsletter
The Inflation Reduction Act, which awaits a House vote, has few if any of the taxes on individuals that Democrats originally called for.
With a vote of 220 to 207, the U.S. House of Representatives passed the Inflation Reduction Act on Friday. Here's what's in the bill
There are, however, several problems with that excuse.
KATERYNA TYSHCHENKO - SATURDAY, 13 AUGUST 2022, 20: 08 The Armed Forces of Ukraine have defeated one-fifth of the Russian units involved in the war in Ukraine. Source: The Commander-in-chief of the Armed Forces, Valerii Zaluzhnyi, following a conversation with the chairman of the US Joint Chiefs of Staff, Mark Milley Quote: "During today's telephone conversation, we once again checked the estimates of Russian losses in this war.
Arizona began moving in shipping containers to close a 1,000-foot gap in the border wall near the southern Arizona farming community of Yuma on Friday, with officials saying they were acting to stop migrants after repeated, unfulfilled promises from the Biden administration to block off the area. (Aug. 12)
Russian troops in occupied Kherson have decided to defend themselves with improvised tank traps made out of wood, according to a video published by a local journalist, Konstantyn Ryzhenko, on his Telegram channel on Aug. 12.
(Bloomberg) -- South Korea’s biggest electric-car battery makers and Hyundai Motor Co. have expressed concern over new US legislation aimed at boosting domestic production of EVs and reducing the use of Chinese materials, moves they say could hurt their competitiveness. Most Read from BloombergAnshu Jain, Deutsche Bank Chief in a Pivotal Era, Dies at 59Trump Search’s Revelations Open New Political Front for MidtermsExtreme Heat Uncovers Lost Villages, Ancient Ruins and ShipwrecksAuthor Salman Ru
The attractions of electric vehicles have been magnetic in 2022. Now, there is legislation headed toward the home stretch that will give EVs not only new legitimacy in the eyes of the auto market, but potentially lucrative perks to automakers and consumers who decide to bet on electric vehicles as their chosen mode of transportation -- and investment. "This climate spending includes $60 billion for solar panel and wind turbine manufacturing (and $30 billion in credits for new projects), $60 billion for disadvantaged communities that bear the brunt of climate impacts, $27 billion for clean tech R&D, $20 billion to reduce agricultural emissions, $5 billion for forest conservation, $4 billion for drought funding in Western states, new battery manufacturing credits and many more climate-related priorities," EV site Elektrek reports.
Here's a look at some of the major provisions in the bill, which could deliver some big changes for the U.S. economy.
Social Security recipients could get an additional $2,400 a year in benefits if a new bill recently introduced to Congress wins approval -- something seniors would no doubt welcome as surging...
Nothing about the poorly named Inflation Reduction Act passes the common-sense test. [Opinion]
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) -- Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.Most Read from BloombergAnshu Jain, Deutsche Bank Chief in a Pivotal Era, Dies at 59Trump Search’s Revelations Open New Political Front for MidtermsExtreme Heat Uncovers Lost Villages, Ancient Ruins and ShipwrecksAuthor Salman Rushdie Stabbed on Lecture Stage in New York‘Pharma Bro’ Martin Shkreli’s Crypto Token Plunges After Massive SaleRampant inflation may be showing some signs of sl
'It’s really the shareholder who will bear the burden' of the 1% tax on stock buybacks, says one tax expert.
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.
Long before Monday’s raid of former President Donald Trump’s Mar-a-Lago, reportedly to recover classified documents related to nuclear weapons, the Palm Beach club had presented a host of security concerns and been breached numerous times.
(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 BloombergAnshu Jain, Deutsche Bank Chief in a Pivotal Era, Dies at 59Trump Search’s Revelations Open New Political Front for MidtermsExtreme Heat Uncovers Lost Villages, Ancient Ruins and ShipwrecksAuthor Salman Rushdie Stabbed on Lectu