Fox Corporation Sued by New York City Pension Funds, Oregon Over 2020 Election Coverage
New York City Pension Funds and Oregon have filed a lawsuit against Fox Corporation's board related to alleged false narratives in post-2020 election coverage.
House Passes 30-Day Extension for Highway Funding
The House of Representatives voted 365–51 on Friday to extend for one month the authorization for surface transportation funding.
The funding was set to be...
Amazon Earned More Than $1 Billion Through Secret Price-Raising Algorithm: FTC
E-commerce giant, Amazon, allegedly deployed a secret algorithm, internally known as "Project Nessie," that raised the prices on its online store, FTC alleged.
Biden Treasury Secretary Believes Congress Will Pass Global Minimum Tax
Treasury Secretary Janet Yellen said she believes Congress will likely pass a bill to implement the global corporate minimum tax agreed by 136 countries last week.
Speaking to ABC...
American Employers Added 235,000 Jobs in August, Far Below Expectations
America’s private employers added just 235,000 jobs in August, significantly undershooting market expectations and fueling speculation that the weak signal in the labor market...
IRS $600 Reporting Rule: What Online Sellers Need to Know
IRS requiring individuals who earn over $600 for transaction of goods and services through third-party payment platforms to report income with 1099-K tax form.
House Republicans Decry IRS ‘Weaponization’ Against Christian, Conservative Groups
Civil liberties lawyer asked Republicans on House Ways and Means why IRS can harass Christian groups seeking tax exemptions but can’t prevent leaks of tax records.
Financial Markets Brace for Stagflation as Global Growth Optimism Sinks
Waning optimism over global economic growth prospects and rising stagflation fears have prompted investors to seek shelter in investment hedges.
Earlier this month, the Bank of America’s...
GM Doesn’t Tell the Truth About EVs
Normal market logic goes out the window when company leaders are indulged and even required to say fantastical, unrealistic things about the future.
Biden’s SEC Reacts Negatively to Bipartisan, Pro-Market ‘Responsible Financial Innovation Act’
SEC Chairman has concerns about bipartisan legislation providing clarity around laws concerning bitcoin, stablecoin, and cryptocurrencies.
Fed Poised for Biggest Rate Hike in 28 Years Amid Soaring Inflation, Market Angst
Federal Reserve expected to deliver biggest single interest rate hike in 28 years amid red-hot inflation and turbulent selloff across world markets.
15 State Officials Warn Bank of America About ‘De-Banking’ of Christians
A group of 15 financial officials from 13 states sent a notice to Bank of America, raising concerns about the institution’s “de-banking” of Christians.
