Vermont is introducing a historic bill that would see a rise in tax payments from its wealthier residents in an attempt to fund issues brought on by the wide financial inequality in the state. Vermont’s Progressive Stance on Wealth Tax Vermont has introduced two bills aiming to impose wealth taxes on its wealthiest residents in […]
Author: Oscar Davies
National Security Worries Emerge After US Steel Takeover – Concerns Among Lawmakers, Workers, and the President
The controversial deal that could see a historical takeover of US Steel by Japanese-owned Nippon Steel has received even more backlash as it looks more likely that the deal would go ahead due to the risk to national security. Multinational Concerns Amidst Political Backlash Large multinational companies have expressed concern over the politicization of the […]
Fast-Food Chains Double Down on Investing In China, Despite Dwindling Economic Troubles
Although American companies wouldn’t usually be so keen to invest in China, there’s a surprising beacon of hope for Beijing as American fast-food chains set their sights on a market of 1.4 billion people. Fast Food Frenzy In the wake of a poor 2023 for the Chinese economy, major American fast-food chains, including KFC, McDonald’s, […]
Has the Gender Pay Gap Really Changed in the Last 20 Years?
In the United States, the gender pay gap has hardly improved in the last 20 years, with women earning a mere 82% of what men do. Here’s the full story. Stability Over Two Decades For the past 20 years, the gender pay gap has lingered at 82 cents per dollar earned by men. However, a […]
No Negotiation: WebMD Employees Up in Arms Over Return-to-Office Policy
The parent company of the popular medical website WebMD has gone viral for a video that some are calling condescending, alerting employees that remote work is no longer allowed. Tech Company Releases Announcement Via Video WebMD’s parent company, Internet Brands, is coming under fire for a recent video they released informing employees that remote work […]
Federal Reserve Scandal Cleared Of Wrongdoing, But The Central Bank Will Never Be The Same
The Federal Reserve’s internal watchdog has concluded a lengthy investigation, clearing two former policymakers, Robert Kaplan and Eric Rosengren, of legal wrongdoing in their 2020 personal trading activities. A Thorough Examination Unveiled The report revealed that Robert Kaplan, then president of the Dallas Fed, executed multiple transactions exceeding $1 million during the onset of the […]
Slow Recovery: Economic Warnings Continue Amid Unexpected Price Rises
In the last month of 2023, prices unexpectedly went up in the U.S., showing how tricky it is for our economy to recover smoothly. An expert warned that because things are unpredictable, investors need to be more careful with their expectations. A Reminder of Uncertainty The CPI’s 0.3 percent increase in December, reported by the […]
Uncovered: Banks Exploit Overdraft Loophole, Costing Americans $3.5 Billion A Year
The Consumer Financial Protection Bureau (CFPB) has discovered a loophole in overdraft fees, where banks have been charging U.S. customers more than they need to. A proposed rule has the potential to save consumers up to $3.5 billion annually, here’s the full story. A Long-Standing Issue For years, consumers with a lower income have been […]
Job Bonuses Hit a New Low According to Latest Study
As employees relished their year-end bonuses in 2023, the joy was tinged with a realization that the average bonus had dwindled to $2,145 from $2,730 in 2022 and $3,583 in 2019, as revealed by Gusto, a payroll software firm. Here’s the full story. The Changing Job Market Year-end bonus checks are now smaller, reflecting the […]
19 Top Tips to Creating the Perfect Home Office Space
As the working world makes a monumental shift towards remote working, setting up a home office is essential to achieving maximum productivity and mental well-being. This article will tell you everything you need to know when improving your personal working space. Choosing the Right Space The first step in setting up your home office is […]