If you ask any Republican member of the U.S. House of Representatives or the U.S. Senate what is the most significant fiscal accomplishment of the Trump presidency, the overwhelming answer would be the Tax Cuts and Jobs Act, or TCJA. When passed in December 2017, the TCJA did not have majority American support. Despite this […] Read more
Sudan’s military coup leaders have warned protesters still on the streets that there will be “zero tolerance” for disturbances. A spokesman insisted the army did not seek power and Sudan’s future would be decided by the protesters – but said the army would maintain public order. Protesters are still out in Khartoum, fearing the coup […] Read more
U.S. producer prices increased by the most in five months in March, but underlying wholesale inflation was tame. The Labor Department said on Thursday its producer price index for final demand rose 0.6 percent last month, lifted by a surge in the cost of gasoline. That was the largest increase since last October and followed […] Read more
Italian-American carmaker Fiat Chrysler Automobiles (FCA) is to pay hundreds of millions of euros to Tesla to have the electric-car manufacturer’s fleet counted as its own in order to avoid hefty fines from the European Union. FCA confirmed to the Financial Times, which first reported the story, that it would pay Tesla hundreds of millions […] Read more
Nissan Motor Co. shareholders decided to remove former boss Carlos Ghosn from the board on Monday, as the former chairman faces several accusations of financial misconduct that landed him in prison. The company’s shareholders held an extraordinary meeting in Tokyo where they also decided to oust Greg Kelly, another director who is also involved in […] Read more
Amazon CEO Jeff Bezos and MacKenzie Bezos, have finalised their divorce. The powerful business executive, whose portfolio includes The Washington Post, and his now-former wife announced the dissolution of their marriage in separate statements on Twitter. “Grateful to have finished the process of dissolving my marriage with Jeff with support from each other and everyone […] Read more
Fake news has been decried the world over for misleading the public over big issues like the US presidential election and the Brexit referendum. But if there’s one day of the year when everybody partakes with outlandish announcements, it’s April Fools’ Day. Here’s a roundup of some of the best pranks: France: ‘Detective rabbit’ French […] Read more
I am a born and raised Saudi national, a Muslim who respects all heavenly religions teachings. Very much appreciate the Muslim and Christian peoples diversity, while moving forward with a reciprocity leading, to a mutual understanding and peaceful coexistence. Both Christianity and Islam uphold the value of dialogue, tolerance and peace. They have emphasized common […] Read more
It might not land you in the ranks of the ultra-wealthy, but it still pays to work on Wall Street. Wall Street firms paid employees an average bonus of $153,700 in 2018, according to numbers released Tuesday by New York State Comptroller Thomas DiNapoli. The figure was averaged across the more than 170,000 securities industry […] Read more
A Turkish tanker has been hijacked by a group of more than a hundred migrants it rescued off the coast of Libya on Wednesday, according to several European authorities. The ship, El Hiblu 1, was en route to Libya after it intercepted a boat carrying 108 migrants. After rescuing the group, it was believed to […] Read more
