Germany says Russia is fulfilling its obligations under European gas supply agreements
“According to our information, Russia is fulfilling the existing supply agreements… We do not know about the deliberate disregard of the existing contracts,” Ungrad stated, as cited by RIA Novosti.She stressed that the department is monitoring the situation with gas prices, but believes that the market should be the one to respond.“We do not see the need for the state to intervene in the situation,” Ungrad said, noting that many factors influence gas prices, including “difficult winter, economic changes, increased demand for gas, the situation in Asia, fires in Siberia.” Also on rt.com US demands Russia boost natural gas deliveries to Europe through Ukraine Furthermore, the deputy official representative of the German Cabinet of … [READ MORE...]
Trump Sues New York Times and Mary Trump Over Leaked Tax Documents
The suit comes as the former president continues to argue falsely that the 2020 election was stolen from him, and as his family company, the Trump Organization, and its longtime chief financial officer, Allen H. Weisselberg, have been accused by Manhattan prosecutors of avoiding taxes on employee perks that should have been reported as income. They have pleaded not guilty.During his 2016 presidential campaign, Mr. Trump promised to make his tax returns public, as presidential candidates, including President Biden, have done for at least 40 years. But Mr. Trump then refused to release them, citing an ongoing audit. The secrecy surrounding his taxes led to criticism and questions that dogged him throughout his presidency.The documents that Ms. Trump provided were the basis of a 2018 article … [READ MORE...]
100 Isn’t a Magic Number, So Why Is It Part of the Vaccine Mandate?
But if you want a small-business loan? There, the government’s definition is far more expansive. The Small Business Administration, which orchestrated the popular Paycheck Protection Program, generally considers any company with fewer than 500 employees a “small” one. Unless you’re in one of dozens of industries with exceptions, which are detailed in a 49-page document that can seem almost whimsical in its divisions. A company that mines gold ore counts as small if it has up to 1,500 employees, but the limit falls to 750 for iron miners and just 250 for those that extract silver.One thing about tiny companies is clear: They vastly outnumber their bigger brethren. The government estimates that there are nearly 32 million small businesses in America. Most have no employees beyond the owner. … [READ MORE...]
Latest News
In Push to Tax the Rich, White House Spotlights Billionaires’ Tax Rates
The analysis, from researchers at the Office of Management and Budget and the Council of Economic Advisers, is an attempt to bolster Mr. Biden’s claims that billionaires are not paying what they actually should owe in federal taxes, and that the tax code rewards wealth, not work.“While we have long known that billionaires don’t pay enough in taxes, the lack of transparency in our tax system means that much less is known about the income tax rate that they do pay,” administration officials wrote … [Read More...]
Federal Reserve Signals a Shift Away From Pandemic Support
The projections also penciled in faster price gains in 2021. Inflation has moved sharply higher in recent months, elevated by supply-chain disruptions and other quirks tied to the pandemic. The Fed’s preferred metric, the personal consumption expenditures index, climbed 4.2 percent in July from a year earlier.Fed officials expected inflation to average 4.2 percent in the final quarter of 2021 before falling to 2.2 percent in 2022, the new forecasts showed.Central bankers are trying to predict … [Read More...]
Biden’s Presidential Agenda Rests on $3.5 Trillion Spending Bill
“The president is on the cusp of achieving a major expansion in public education, one of the largest expansions of the social safety net, the largest investment in climate change mitigation” and overhauls in labor law and drug pricing, said Patrick Gaspard, a former Obama administration official who is now the president of the liberal Center for American Progress in Washington.“Each one of these things is significant in its individual constituent parts,” he said, “but taken as a whole, it, I … [Read More...]
Google to Spend $2.1 Billion on Manhattan Office Building
As a result, large employers like Condé Nast and JPMorgan Chase have relinquished chunks of office space, contributing to nearly 19 percent of Manhattan offices being available for rent, according to Newmark, a real estate services firm, nearly double the average rate over the last decade.About 28 percent of office workers in the New York City region, which includes parts of New Jersey, Connecticut and Pennsylvania, had returned to the office as of last week, more than double the rate from a few … [Read More...]
Previous news
- The Fed will re-examine ethics rules after trades by two officials drew scrutiny.
- Why Washington Worries About Stablecoins
- Poverty in U.S. Declined Thanks to Government Aid, Census Report Shows
- Should Biden Reappoint Jerome Powell? It Depends on His Theory of Change.
- House Democrats’ Plan to Tax the Rich Leaves Vast Fortunes Unscathed
Small Business
100 Isn’t a Magic Number, So Why Is It Part of the Vaccine Mandate?
But if you want a small-business loan? There, the government’s definition is far more expansive. The Small Business Administration, which orchestrated the popular Paycheck Protection Program, generally considers any company with fewer than 500 employees a “small” one. Unless you’re in one of dozens of industries with exceptions, which are detailed in a 49-page document that can seem almost … [Read More...]
The Elizabeth Holmes Trial Is a Wake-Up Call for Sexism in Tech
Questionable, unethical, even dangerous behavior has run rampant in the male-dominated world of tech start-ups. Though never charged with crimes, WeWork’s Adam Neumann and Uber’s Travis Kalanick hyped their way into raising over $10 billion for their companies, claiming they would disrupt their stagnant, tired industries.Remember the accusations of harassment, privacy violations, price gouging, … [Read More...]
Your Money
La pandemia afectó tu economía. Esto debes hacer
Es bien sabido que los informes de las agencias contienen una buena cantidad de errores. Si encuentras algunos, haz el reclamo. Para empezar, contacta tanto a las agencias de información crediticia como a las empresas de servicios financieros que puedan haber proporcionado la información incorrecta (la CFPB tiene una buena guía al respecto).Y en cuanto a tu declaración de impuestos, nunca está de … [Read More...]
FAFSA Changes Are Coming. Here’s What You Need to Know.
(While there has not been a draft since 1973, men ages 18 to 25 are still required by federal law to register. But FAFSA applicants will now remain eligible for financial aid even if they have not registered, said Mark Kantrowitz, a financial-aid expert.)The FAFSA collects financial details about students and their families and acts as a portal to grants, scholarships and loans for higher … [Read More...]