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Stalling recovery raises stakes for Trump's new demands on economic relief bill Fresh signs emerged Wednesday of a stalling economic recovery, raising the stakes in President Trump's surprise refusal to sign a $900 billion stimulus package into law unless changes are made. The Labor Department reported that jobless claims remained ...
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PPP Expenses Are Now Deductible, But You May Have To Wait A Year To Benefit From Them I don't MEAN to rain on the parade of small businesses and tax pros alike, who have spent the last 24 hours rejoicing after the House and Senate agreed to override the IRS and make it so that expenses paid with forgiven Paycheck Protection Program loan ...
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US, Pfizer reach deal expanding American vaccine supply The Trump administration and Pfizer on Wednesday said they had reached an agreement supplying the United States with an additional 100 million doses of the coronavirus vaccine made by the pharmaceutical giant and the German company BioNTech by ...
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New Signs of Economic Distress Emerge as Trump Imperils Aid Deal With the fate of a federal aid package suddenly thrown into doubt by President Trump, economic data on Wednesday showed why the help is so desperately needed. Personal income fell in November for the second straight month, the Commerce Department ...
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Thai Central Bank Holds Key Rate, Cuts 2021 Growth Forecast The Bank of Thailand kept its benchmark interest rate unchanged for a fifth straight meeting to preserve its limited policy space, while reiterating concerns about a currency rally and lowering its economic growth forecast for next year. The central bank held the ...
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Google hired Timnit Gebru to be an outspoken critic of unethical AI. Then she was fired for it. Two months ago, Google promoted Timnit Gebru, co-lead of a group focused on ethical artificial intelligence, after she earned a high score on her annual employee appraisal. Gebru is one of the most high-profile Black women in her field and a powerful voice ...
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High-Flying Crypto Fund Dumps XRP With Ripple in SEC 'Hot Water' Bitwise Asset Management is dumping what was the world's third-largest cryptocurrency after Ripple Labs Inc. and its top executives were accused by U.S. regulators of selling more than $1 billion of unregistered virtual tokens. The Bitwise 10 Crypto Index ...
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What The SEC Charging Ripple Means For Cryptocurrencies The SEC has filed an action against Ripple Labs Inc. (the company behind the digital token XRP) with raising $1.3 billion in what it calls unregistered "digital asset securities". While there was important short-term price movement across the board in terms of ...
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Oil gains 2% after draws in US product inventories NEW YORK (Reuters) -Oil prices rose more than 2% on Wednesday, boosted by draws in U.S. inventories of crude, gasoline and distillates that lifted investors' hopes for some return in fuel demand. FILE PHOTO: Oil pours out of a spout from Edwin Drake's ...
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Foot On Accelerator: Plan Puts Almost 1 Million Electric Vehicles On Colorado Roads By 2030 DENVER (CBS4) — The Colorado Public Utilities Commission voted Wednesday to approve a plan aiming to have 940,000 electric vehicles humming along Colorado roadways in 10 years. The PUC largely adopted an Xcel Energy concept, part of which ...
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