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Fed signals tapering could begin ‘soon,’ projects interest rate liftoff in 2022

Fed's Powell signaled last month tapering could begin later this year.

The Treasury Department’s lucrative revolving door

A lot of government agencies can propel their public-sector employees into high-paying private-sector gigs. Sitting squarely at the top of the list is the Treasury Department.

$5.9M ransomware attack on major agriculture group poses risk to US grain, pork, chicken supply

Attack is believed to have been carried out by BlackMatter, a successor of Colonial Pipeline hacker DarkSide.

Twitter to Pay $809.5 Million to Settle Lawsuit Alleging Jack Dorsey, Others Misled Investors

Twitter disclosed a binding agreement to settle a class-action lawsuit, under which the social network will pay $809.5 million to resolve claims it provided misleading user-engagement info to investors.

Democrats Plan Tax Giveaway To The Rich, Bailout To Blue States

Democrats want working-class families in red states like Florida and Texas to subsidize residents making $200,000, $400,000, or more in places like New York and New Jersey.

Boris Johnson to Face-Off with Amazon Founder Jeff Bezos Over E-Commerce Giant’s Low UK Tax Payments

Amazon’s relatively low tax bill in the UK has been a contentious issue for years. As online sales soared, driven by the COVID-19 restrictions adopted in 2020, the company nevertheless displayed a tax-to-turnover ratio of just 0.37 percent.

Democrats’ proposed tax hikes could eventually hit middle-class Americans: Here’s how

Dems' proposal could mean higher taxes for middle-income workers

Senators concerned banks could discriminate against Americans based on political views

Some financial terminations due to 'reputational risk' Senators Marco Rubio (R-FL) and Kevin Cramer (R-ND) sent a letter to U.S. Department of the Treasury on...

Memo shows border patrol is experiencing ‘critical shortages’ of frontline workers

An internal memo within U.S. Customs and Border Protection shows that agency leaders are warning of a major shortage of personnel amid a surge...

Here’s what happens when Medicare, Social Security run out of money

Changes 'should be enacted sooner rather than later to minimize the impact on beneficiaries' The Social Security and Medicare trust funds are expected to soon...

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