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Business

Ransomware ‘business’ is hot as attacks surge

Healthcare and utilities sectors are most targeted

Global minimum tax rate could drive business away from US, watchdog warns

Biden, G-7 leaders embrace 15% global minimum corporate tax rate

Crude climbs above $70 amid hopes of demand reaching pre-pandemic levels in 2022

Oil prices continued to grow on Friday, as the International Energy Agency (IEA) said that global crude demand would return to pre-Covid-19 pandemic levels by the end of next year.

Annual Inflation Soars to 5 Percent In Biggest Jump Since 2008

Inflation took a fresh swipe at American consumers in May, with the consumer price index surging by 5 percent over the past year, the biggest annual spike in the measure since 2008.

Beijing passes anti-foreign sanction law to safeguard China’s core interests against Western interference

The top Chinese legislature has passed a bill aimed at protecting China’s core interests, its businesses and officials, from foreign sanctions amid an onslaught of economic attacks from the US and its Western allies.

GameStop’s retail investors are waiting to be bullish about Wednesday’s earnings report

As was the case in March, GameStop’s results are likely to have less of an impact on how the stock is traded.

Oil Climbs As Blinken Says “Hundreds Of Sanctions” On Iran To Remain

After earlier this week US Secretary of State Antony Blinken somewhat pessimistically portrayed that it remains "unclear" whether Iran is actually willing to restore the nuclear deal, prompting angry words from Foreign Minister Javad Zarif who again pointed out that it's only Washington not in compliance due to Trump-era sanctions which the Biden White House refused to "bury" in order to make a renewed deal possible, Blinken's newest statements are pouring more cold water on all the recent speculation that prematurely hailed a Vienna agreement as imminent.

Bonds, Black Gold, & Big-Shorts Bid As Bitcoin Breaks Down

The most-shorted meme stocks continued to charge higher today...

Trove of Never-Before-Seen Records Reveal How the Wealthiest Avoid Income Tax

ProPublica has obtained a vast cache of IRS information showing how billionaires like Jeff Bezos, Elon Musk and Warren Buffett pay little in income tax compared to their massive wealth — sometimes, even nothing.

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