admin

On August 23rd, Jared Bernstein and Ernie Tedeschi, two members of the president’s Council of Economic Advisers, released a blog post arguing that the Biden administration’s spending agenda would help keep long-term inflation in check. Their theoretical argument is sound: in the long run, productivity enhancements should put downward pressure on prices. However, the major
0 Comments
Dr. Ashish Jha, the dean of Brown University’s School of Public Health, applauded President Joe Biden‘s push to increase vaccine mandates covering millions of U.S. workers.  “People don’t want to change jobs, people don’t want to be inconvenienced,” said Jha on CNBC’s “The News with Shepard Smith.”  “I do think a vast majority of people
0 Comments
Getty Images There has been a recent flood of “math error” notices from the IRS, which have been confusing for taxpayers and difficult to resolve, financial experts say.  The IRS sent roughly 9 million such alerts from Jan. 1 through July 15, up from 628,997 in the same period last year, according to Taxpayer Advocate
0 Comments
“If churches paid taxes,” runs a popular claim on social media (hashtag #taxthechurches), “everyone would only have to pay 3 percent taxes.” Other claims put the forgone tax revenue haul at $76 billion or $85 billion, oddly specific figures conspicuously lacking a meaningful citation. Whether spurred by a belief that government is improperly favoring religious
0 Comments
In this article LULU Lululemon shares surged more than 13% in extended trading Wednesday after the athletic apparel maker reported fiscal second-quarter profit and revenue that topped analysts’ expectations. Consumers are shopping Lululemon stores and the company’s website for its sports bras, jogger pants and leggings for their stay-at-home wardrobes. But many are also seeking
0 Comments
Sotheby’s Art Auction: Mark Rothko’s #7 (L), and Andy Warhol’s Nine Marilyns (R). Courtesy: Sotheby’s After years of legal wrangling and Covid delays, the storied art collection of real estate tycoon Harry Macklowe and his ex-wife, Linda, is headed for auction at Sotheby’s, and could fetch more than $600 million. The collection, which includes prized
0 Comments
In this article MA The MasterCard logo on a smartphone arranged in Saint Thomas, Virgin Islands. Gabby Jones | Bloomberg | Getty Images Mastercard has agreed to acquire blockchain analytics start-up CipherTrace, in the latest sign of how major companies are warming to cryptocurrencies. The payments giant said Thursday it entered into an agreement to
0 Comments