U.S. stock futures were steady in overnight trading on Sunday after the S&P 500′s best week since 2020. Dow futures edged up 15 points. S&P 500 futures rose 0.04% and Nasdaq 100 futures were flat. Last week, the three major averages notched their best week since November 2020, boosted largely by...
U.S. Treasury Secretary Janet Yellen said on Wednesday that if the IRS were funded appropriately and therefore able to crack down on tax cheats, the U.S. would be able to collect more revenue without raising taxes. “The tax gap is huge, and I think we would have a fairer tax...
A broad coalition planning action against ridesharing giant Uber in over a dozen cities just received some international reinforcements: Australian drivers have announced their intention to join this Wednesday’s mass strike. The Rideshare Driver Cooperative and Transport Workers Union have decided that, like workers elsewhere taking to the streets and...
In January, Dallas resident Shannon Marrs paid $257 for electricity. But after Texas suffered the worst winter storm in years, Marrs' February electric bill totaled more than $10,000. That's because for a period of 32 hours during the deepest freeze of February's winter storm, power companies were paying $9 per...
Ousted Nissan Motor Co. Chairman Carlos Ghosn was granted bail Tuesday, as the nearly four-month legal battle that has embroiled one of the most charismatic executives in Japan and garnered a global attention took another dramatic turn. Ghosn was set to be released as early as Tuesday on ¥1 billion...
Children with allergies have a lower risk of developing complicated appendicitis, according to a new study from Lund University and Skåne University Hospital in Sweden. The findings, now published in JAMA Pediatrics, could pave the way for new diagnostic tools in the future. "In a study of all the children...
Index provider FTSE Russell gave final approval on Monday for inclusion of Chinese sovereign bonds in its flagship bond index, starting later this year, setting the stage for billions of dollars of inflows into the world’s second-largest economy. The index provider also said India and Saudi Arabia were being considered...
If you believe the market is a forward looking mechanism — and most investors would agree that it is — then you may want to prepare your portfolios for a sharp slowdown in economic growth later this year and into 2022 as fiscal stimulus wanes.  U.S. economic growth for this year is...
About 50,000 years ago, ancient humans in what is now West Africa apparently procreated with another group of ancient humans that scientists didn't know existed. There aren't any bones or ancient DNA to prove that theory, but researchers say the evidence is in the genes of modern West Africans. They...
Mercedes-Benz believes its new EQS sedan will redefine the all-electric luxury vehicle segment as it competes against Tesla and a growing number of emerging start-ups and legacy automakers. The 2022 Mercedes-Benz EQS, unveiled Thursday, marks a new era for the German automaker as it pivots to EVs. The car will...
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