Treasury Secretary Janet Yellen said the Biden administration is working with other like-minded world leaders to introduce a global minimum tax rate on companies. In a virtual speech delivered to the think tank Chicago Council on Global Affairs, Yellen deplored what she said has been a “race to the bottom” over the past 30 years, in…
Biden Admin Wants Global Minimum Tax Rate on Companies: Treasury Secretary Yellen
April 5, 2021
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Businesscorporate tax rateEconomieseconomyExecutive BranchInternationalJanet YellenPolicyPoliticsUSUS NewsWorld
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Southwest Recalls 209 Pilots as Travel Demand Recovers
Southwest Airlines has recalled 209 pilots from a voluntary extended leave program to support its summer schedule, the company said on Monday, as airlines prepare for a recovery in demand as more Americans receive COVID-19 vaccines. The pilots will return to active status on June 1 and will then complete all of the necessary requalification…
Do Online Gold Dealers Allow Your Family the Right to Financial Privacy?
Sponsored Content One of the primary reasons why investors like us purchase physical precious metals, aside from inflation protection, is our family legacy’s financial privacy. The right to financial privacy is something that no American should take for granted. The advantage of holding assets that aren’t subject to excessive fees, non-owner access, surveillance, digitization, and potential…
Norwegian Cruise to Mandate COVID-19 Vaccination for Guests and Crew
Cruise operator Norwegian Cruise Line Holdings Ltd. said on Monday it would require mandatory COVID-19 vaccinations for all guests and crew when it restarts trips from U.S. ports in July. The company’s announcement follows the U.S. Centers for Disease Control and Prevention’s (CDC) latest guidance last week to the cruise ship industry, including the need…
Tesla Shares Surge After Company Posts Record Deliveries
Tesla Inc. was set to add about $50 billion to its market value as the electric car-maker’s shares surged on Monday, after it posted record deliveries on strong demand in China that helped it offset the impact of a global shortage in auto parts. The stock jumped nearly 8 percent in pre-market trading and it…
Delta Cancels Over 100 Flights, Opens Some Middle Seats
DETROIT—Delta Air Lines canceled about 100 flights Sunday due to staff shortages, and it opened up middle seats a month earlier than expected in order to carry more passengers. The airline says it had over 1 million passengers during the past few days, the highest number since before the coronavirus pandemic began last year. “We…
Tesla Files a Petition Against US Labor Board Order
Tesla Inc. has filed an appeal on a U.S. National Labor Relations Board (NLRB) ruling that the electric-car maker had violated U.S. labor law, and on the agency’s order that Chief Executive Officer Elon Musk delete a tweet from the account. The electric-car maker filed a petition on Friday with the New Orleans-based U.S. Court…
US Agency Opens 2 Safety Probes of Volkswagen, Audi Vehicles
DETROIT—The U.S. government’s road safety agency has opened two investigations into problems with Volkswagen vehicles, including one that alleges serious gasoline leaks under the hood. Details of the probes, which cover nearly 215,000 vehicles, were posted Friday on the National Highway Traffic Safety Administration’s website. The largest investigation covers more than 191,000 VW Atlas SUVs…
As You Build Your Financial Future, Heed the Advice of Richard Thaler
April 2, 2021
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Adviceasset allocationBusinessdiversificationemergency fundInvestmentpersonal financeRichard Thalerstock market
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Dear Readers: I’ve been promoting the tried-and-true principles of smart money management for so many years it can be hard to come up with fresh ways to share their important message: Spend less. Save more. Diversify your portfolio as you invest for your long-term goals. As old-fashioned as this advice may sound, it remains the…
Not Really an Emergency
Dear Dave, My husband and I are close to having our home paid off and being completely debt-free. Can we dip into our emergency fund to pay off the house? Enid Dear Enid, I’m not sure I’d recommend doing this. I might think about it if your emergency fund is way too big, plus you have a very small amount…
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