Business > 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

1 minute 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...
Read more ...

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...
Read more ...

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...
Read more ...

'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...
Read more ...

‘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.
Read more ...

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.
Read more ...

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
Read more ...

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.
Read more ...

South Korea just pardoned Samsung's chief for bribing a former president because the country needs him to overcome a 'national economic crisis'

6 hours ago   |   Business Insider   |   2 articles

South Korea pardoned Samsung Electronics Vice Chairman Jay Y. Lee so he can help the country overcome its economic crisis. Kim Min-Hee/Getty Images South Korea just pardoned...
Read more ...

Samsung pardon exposes Koreans' love-hate feelings for tycoons

8 hours ago   |   Al Jazeera

Lee Jae-yong is the latest in a long list of South Korean business elites to receive clemency after white-collar crimes.
Read more ...


Register you to post on News Times

Free Registration

‘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 ...

October 24 trial date set for Trump Organization and its former top money...

The Trump Organization's Chief Financial Officer Allen Weisselberg, center, awaits a car after leaving a courtroom appearance in New York, Monday, Sept. 20, 2021. Donald... Read more ...

Hillary Clinton mocked Trump for pleading the Fifth at his deposition...

Hillary Clinton testifies before the House's committee investigating Benghazi. Chip Somodevilla/Getty Images) Hillary Clinton mocked Donald Trump for pleading the Fifth in his... Read more ...

Elon Musk said his taxes are audited every year 'by default' - after posting...

Tesla and SpaceX CEO Elon Musk. Angela Weiss/AFP via Getty Images Elon Musk said on Twitter he has his taxes audited every year "by default." He'd earlier posted a meme... Read more ...

Here's How Much More You Have To Pay For Streaming Services Compared To Last...

Multiple major streaming platforms have raised their monthly subscription fees this year as media companies seek better profitability. Read more ...

Samsung exec explains why the company's folding phones are so important to...

Samsung's mobile business head said that its foldable phones are convincing consumers to switch to Samsung from other brands. Read more ...

Germany sets heating limit

Germany sets heating limit

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... Read more ...

Indian banks fear aligning payment messaging system with Russia - media

Indian banks fear aligning payment messaging system with Russia - media

Cooperation could be viewed as an attempt to sidestep US sanctions, Indian bankers say Indian banks and financial institutions do not support the idea of integrating the... Read more ...

Major asset manager moves to 660 Fifth Avenue

Brookfield Properties better have a big enough safety deposit box for the multi-billion dollar asset manager moving into 660 Fifth Avenue. Brookfield signed 400 Capital... Read more ...

XR Technologies and Trends: Pandemic ushers in immersive experiences

The pandmic has pushed XR, including a variety of VR and AR use cases, beyond gaming and entertainment. Do you work in the Tech industry? Get business insights on the latest... Read more ...