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‘Millionaires Tax’ Threat Has Some NY Bankers, Managers Eyeing Exits

For decades New York’s bankers and fund managers have accepted the city’s high tax rates as a part of working in the world’s premier financial capital.

Biden asks for $715 billion for Pentagon, holding defense spending essentially flat

Top-line discretionary request provides bigger boost for domestic spending

VIDEO: FCC Commissioner Brendan Carr: ‘Glaring Loophole’ in U.S. Policy on Tech from China

The products of Chinese companies like Huawei and ZTE are used widely in America. But under Chinese law, “these companies basically have to fork over any information or data that the Communist Party might be seeking,” says Brendan Carr, a Commissioner of the Federal Communications Commission (FCC).

U.S. jobless claims up to 744K as virus still forces layoffs

The number of Americans applying for unemployment benefits rose last week to 744,000, signaling that many employers are still cutting jobs even as more people are vaccinated against COVID-19, consumers gain confidence and the government distributes aid throughout the economy.

World’s Poorest Nations Face ‘COVID-19 Debt Trap’

The world has averted a systemic debt crisis amid the pandemic. However, the poorest developing countries continue to face significant debt problems, raising global worries over multiplying debt traps by creditors like China.

California Sets June 15 Target to Fully Reopen Its Economy

Move means capacity limits on businesses will be lifted

Trump: Boycott ‘woke companies’ that oppose Georgia’s election reforms

Former president also complains Republicans didn't 'go further' in changing state law.

Citi Hires Goldman’s Chief Diversity Officer

Citi Group said on Friday that it hired Erika Irish Brown from rival Goldman Sachs Group Inc to lead its global diversity strategy, according...

Biden, Yellen push to raise corporate taxes in U.S. and globally

President Biden on Monday defended his push to raise corporate taxes to pay for higher infrastructure spending, while Treasury Secretary Janet Yellen made the case for a global minimum tax that would prevent U.S. companies from moving overseas to avoid higher taxes at home.

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