Economy - Finance > Security

Biden sells G-7 on global tax, but U.S. Congress is a hurdle

1 month ago   |   By Chron

President Joe Biden might have persuaded some of the world's largest economies to hike taxes on corporations, but the U.S. Congress could be a far tougher sell.
White House press secretary Jen Psaki said Friday that leaders of the Group of Seven - which also includes the United Kingdom, France, Canada, Germany, Italy and Japan - agreed with Biden on placing a global minimum tax of at least 15% on large companies. The G-7 leaders, participating in a three-day summit in England, affirmed their finance ministers who earlier this month endorsed the global tax minimum.
“America is rallying the...
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G-7 Summit: Leaders Discussed Building A Fairer Post-Pandemic Economy

1 month ago   |   By NPR

Members of the G-7 began their first summit-level meeting in two years in Cornwall, England, on Friday. They spent the afternoon discussing how to build back a fairer post-pandemic economy.
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Jeff Bezos' 18-year-old space-flight companion reportedly told him he had...

Jeff Bezos' 18-year-old space-flight companion reportedly told him he had never bought anything from Amazon before

Summary List Placement The 18-year-old passenger on Blue Origin's spaceflight on Tuesday had an awkward admission to former Amazon CEO Jeff Bezos during the trip. Dutch... Read more ...

July 23rd COVID-19, New Cases, Hospitalizations, Vaccinations

July 23rd COVID-19, New Cases, Hospitalizations, Vaccinations

The 7-day average cases is the highest since May 6th. The 7-day average hospitalizations is the highest since May 25th. This data is from the CDC . According to the CDC, on... Read more ...

7 great rewards credit cards that fly under the radar - but are worth paying...

7 great rewards credit cards that fly under the radar - but are worth paying attention to

Summary List Placement Some credit cards aren't advertised much, but offer bonuses or perks that make them worth a look. These hidden gems may require you to join a credit... Read more ...

Twitter could rise another 30% as ad spending is set to soar, Bank of...

Twitter could rise another 30% as ad spending is set to soar, Bank of America says

Summary List Placement Twitter stock could rise by about 30% as the social media platform stands to see further growth in advertising sales which have been recovering after the... Read more ...

Mint's first PM raises millions for Monarch, an Accel-backed money...

Mint's first PM raises millions for Monarch, an Accel-backed money management platform

Monarch , a subscription-based platform that aims to help consumers “plan and manage” their financial lives, has raised $4.8 million in seed funding. Accel led the round, which... Read more ...

Free money for all? Mayors hope local tests bring big change

Free money for all? Mayors hope local tests bring big change

By triggering $1,400 stimulus checks for millions of people and expanding the child tax credit for many families, the pandemic offered a clear takeaway for some officials: That... Read more ...

Uber Freight just dropped $2.25 billion on a logistics tech acquisition that...

Uber Freight just dropped $2.25 billion on a logistics tech acquisition that could finally make it profitable

Summary List Placement Uber Freight, the ride-hail giant's trucking division, announced Thursday it has acquired logistics technology company Transplace from TPG Capital for... Read more ...

Investors should look for stocks tied to 'data era enablers' as companies...

Investors should look for stocks tied to 'data era enablers' as companies step up investment in IT infrastructure post-pandemic, Morgan Stanley says

Summary List Placement An IT spending supercycle is underway and stocks that can ride that wave will beat the market, Morgan Stanley analysts wrote in a note on... Read more ...

The Amex Blue Business Plus and Business Cash cards don't usually offer a...

The Amex Blue Business Plus and Business Cash cards don't usually offer a welcome bonus, but new offers have sweetened the deal

Summary List Placement Amex has launched new offers on two of its popular small-business cards . Normally, the American Express Blue Business Cash™ Card and The Blue Business®... Read more ...

Wells Fargo is staffing up its restaurant finance team ahead of an expected...

Wells Fargo is staffing up its restaurant finance team ahead of an expected M&A surge

Summary List Placement Wells Fargo's depleted restaurant financing team has a new leader. Meghan Hinds, a managing director, and 15-year veteran of the bank will take the... Read more ...