Elizabeth Warren Criticizes Amazon’s Tax Payments During Record-Breaking Prime Day 2023
Senator cites firm's history of avoiding federal income taxes despite huge profits; calls for minimum tax on corporate earnings.
Regulation
Fed To Strengthen Capital Requirements For Big Banks After Recent Failures
Proposed changes would mandate larger banks to hold additional capital as buffer against potential losses.
Teamsters Union Moves Closer To Largest U.S. Labor Strike In Decades At UPS
Contract negotiations falter as frustrations over wages and working conditions, raising concerns for the U.S. economy.
Michigan And Minnesota Enact Reg Flag Laws Raising The Total Number Of States With ERPOs To 21
Red Flag Laws Gain Traction After Parkland Shooting as States Proactively Address Gun Violence Concerns
Chipmakers Brace For Impact As US Mulls New Chip Export Restrictions To China
Could this end AI stock rally?
30 US States Confirm Dates For 2024 Presidential Primaries
South Carolina has the earliest primary date with its Democratic Party primary scheduled for February 3.
FATF Urges Implementation Of Travel Rule To Combat Cryptocurrency-related Crime
Global financial watchdog calls for prompt action to address anti-money laundering and counter-terrorism financing in crypto activities.
NYC Comptroller Decries Politicization Of ESG
In an interview last week, New York City Comptroller Brad Lander argued against the politicization of ESG
Harvard Professor Rogoff Says Fed Won’t Have It Easy Keeping Inflation At 2% In ‘Changed World’
The U.S. will have major trouble getting to 2% as it may take over a year to reach their goal and avoid a government default.