Economy

The Inflation Reduction Act's tax on stock buybacks isn't a perfect solution to close the wealth gap - but it's a step in the right direction

2 minutes ago   |   Business Insider

Kyrsten Sinema of Arizona, right, and Chris Murphy of Connecticut. Sinema approved a 1% tax on stock buybacks as part of the Inflation Reduction Act. Tom Williams/CQ-Roll Call...
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Germany sets heating limit

Germany sets heating limit

33 minutes ago   |   RT

Most public buildings will not be allowed to go above 19 degrees Celsius due to the energy crisis, the economy minister has said Public buildings in Germany will not be allowed...
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Why mortgage rates are fluctuating so much in 2022

1 hour ago   |   Business Insider   |   2 articles

Homebuyers signing a mortgage. Getty Images The average US fixed rate for a 30-year mortgage rose to 5.22% this week - up from 4.99% one week prior. Mortgage rates have...
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'Big Short' investor Michael Burry issues a grim warning about runaway consumer debt - and says the stock-market rally won't last

3 hours ago   |   Business Insider

Michael Burry. Jim Spellman/Getty Images Michael Burry warned Americans are loading up on credit-card debt in response to inflation. Burry expects consumers to run out of cash...
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‘A small but important sense of normalcy.' McDonald's moves to reopen restaurants in Ukraine for first time since the war began

3 hours ago   |   Fortune

McDonald's aims to help reboost Ukraine's economy by reopening restaurants in safe parts of the country.
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Britain's Economy Shrank in Second Quarter, as Warnings About the Future Get Bleaker

4 hours ago   |   NY Times

The slight contraction, 0.1 percent, comes as Britons face high and rising inflation, squeezing household budgets.
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An Easier Way to Fight Inflation and Climate Change: Price Controls

4 hours ago   |   The New Republic

As the Inflation Reduction Act progressed through the Senate last week to great acclaim, the House of Representatives quietly received a bill that would address not just...
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The drought across Europe is drying up rivers, killing fish and shriveling crops

The drought across Europe is drying up rivers, killing fish and shriveling crops

5 hours ago   |   NPR

An unprecedented drought is afflicting nearly half of the European continent, damaging farm economies, forcing water restrictions and causing wildfires and threatening aquatic...
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UK economy shrinks in 2nd quarter, sharpening recession fear

5 hours ago   |   ABC News

The United Kingdom's economy shrank in the three months to June
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China's Options for Punishing Taiwan Economically are Limited

5 hours ago   |   NY Times

The economic bans that China imposed on Taiwan for hosting Speaker Nancy Pelosi were not especially painful. Increasing the pressure could hurt China's own economy.
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‘Crying CEO' doubles down on LinkedIn post, says it caused ‘a lot of good'

‘Crying CEO' doubles down on LinkedIn post, says it caused ‘a lot of good'

“I am getting countless messages from other business owners saying, ‘love this, been there, worst feeling, right there with you.'” Read more ...

Ravens rookie TE Isaiah Likely turns heads in preseason debut by showcasing...

Ravens rookie TE Isaiah Likely turns heads in preseason debut by showcasing receiving ability

Likely was one of the stars from Baltimore's Thursday night win Read more ...

Fantasy Baseball Week 20 Preview: Top 10 sleeper pitchers highlight Reid...

Fantasy Baseball Week 20 Preview: Top 10 sleeper pitchers highlight Reid Detmers, Jose Quintana

There's no shortage of options in a week with so many two-start pitchers. Read more ...

COVID and Monkeypox update with Dr. Murphy

COVID and Monkeypox update with Dr. Murphy

CHICAGO - Dr. Robert Murphy joins us to update on recent changes in COVID guidelines and Monkeypox cases multiplying. Get the latest updates and headlines on COVID-19 and sign... Read more ...

Asian Lantern Festival returns to Pittsburgh Zoo

Asian Lantern Festival returns to Pittsburgh Zoo

The Pittsburgh Zoo and PPG Aquarium has an exciting weekend ahead! Read more ...

A New Documentary Sheds Light on a Pivotal Movement in Asian American History

A New Documentary Sheds Light on a Pivotal Movement in Asian American History

Social justice activism in the Asian American community today owes much of its legacy to the pivotal but relatively unknown story of Chol Soo Lee, a Korean American immigrant... Read more ...

Gerry Dulac: How Mike Tomlin has made the Steelers food-motivated at...

Gerry Dulac: How Mike Tomlin has made the Steelers food-motivated at training camp

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Goin' Up Camp: Defending WPIAL Class 1A champion Bishop Canevin goes from...

Goin' Up Camp: Defending WPIAL Class 1A champion Bishop Canevin goes from hunter to hunted

The Crusaders return the majority of their starters and are primed to make another run at a PIAA title. Read more ...

Tom Kean Always Has MAGA GOP's Back

Tom Kean Always Has MAGA GOP's Back

Kean's GOP endorsers' reckless attacks and lies have violent consequences As more startling details come out about the FBI search of former President Donald Trump's home, Tom... Read more ...

Over 650 Black NFL Retirees Have Neurological Tests Rescored After Court Ruling

More than 300 former Black NFL players are now eligible for financial compensation from the league's $1 billion concussion settlement after their neurological... Read more ...