‘Scariest measure of all’: Mike Rowe warns 7m American men have ‘done’ looking for work and ‘break through’ – here’s why it’s a serious problem Men have been steadily exiting the US workforce since pre-pandemic times — even now, despite millions of job openings and an uncertain economic climate. As the US labor market remains …
New York CNN Business — Republicans and Democrats are likely to face off next year over the debt ceiling, a fight that could rattle financial markets, unnerve consumers and threaten the economy with the specter of a calamitous default. The looming debt limit battle in Washington could spark the most uncertainty since the 2011 tightrope …
US Could See Debt Ceiling Battle Shake Markets, Goldman Sachs Warns | CNN Business Read More »
The Internal Revenue Service reminds taxpayers to report transactions of at least $600 made through payment networks like Venmo, Paypal and Cash App, as the agency seeks data regarding part-time employment and side gigs, a move critics called a government abuse. In a recent explainer posted online, the IRS said that according to the American …
IRS warns Americans to report $600 transactions from payment processors or risky audit Read More »
Yoel Roth was Twitter’s chief trust and safety officer until his resignation in early November. He worries about the changes Elon Musk is making to the platform. David Odisho/Getty Images hide caption toggle caption David Odisho/Getty Images Yoel Roth was Twitter’s chief trust and safety officer until his resignation in early November. He worries about …
Former Twitter security chief warns Musk is going fast and ‘breaking things’ Read More »
The head of Europe’s second-biggest semiconductor equipment maker has warned that the United States is mounting pressure on its allies to ensure that the world’s major chip companies comply with Washington’s strict export controls on the China. Benjamin Loh, managing director of Dutch company ASM International, which develops equipment for the production of semiconductor wafers …
Dutch chip tool maker ASMI warns of escalating trade tensions Read More »
Comment this story Comment RICHMOND — Governor Glenn Youngkin (R) said he plans to seek tax cuts in his budget proposal for next year, while acknowledging that a possible economic downturn could weaken state finances . But Youngkin added that he will approach the issue of tax cuts with caution – a change in tone …
Youngkin warns of recession but vows to pursue tax cuts – with caution Read More »
By Ju-min Park and Heekyong Yang SEOUL (Reuters) – South Korean President Yoon Suk-yeol has warned that the government may intervene to break up a national truckers’ strike, describing it as an illegal and unacceptable move to hold the national supply chain “hostage” for an economic crisis. Thousands of unionized truckers launched their second major …
South Korean president warns of crackdown as truckers’ strike enters second day Read More »
Association of American Railroads President and CEO Ian Jeffries said the companies are “ready, willing and able” to negotiate new terms with railroad unions. After a fourth U.S. railroad union rejected a deal with their employers brokered by the Biden administration – and rekindled fears of a national railroad strike – a spokesperson for the …
Railway union strike would create ‘crippling’ economy, warns industry official Read More »
Joe Biden’s antitrust adviser has warned of a ‘profusion of junk fees’ in the US economy, as he pushes to expand the war on hidden costs to include those affecting investors in the securities market . In an interview with the Financial Times, Tim Wu, the Biden administration’s competition policy adviser, said there was a …
Biden’s antitrust adviser warns of ‘profusion of junk fees’ in US economy Read More »
House prices in China fell in October mainly due to lower prices in less developed, so-called Tier 3 cities, according to analysis of official data from Goldman Sachs. Edition of the future | Edition of the future | Getty Images BEIJING — China’s real estate sector is not yet ready for a quick recovery, despite …
