Treasury chief Janet Yellen heads to India as US seeks to deepen ties

Treasury chief Janet Yellen heads to India as US seeks to deepen ties

Treasury Secretary Janet Yellen’s trip to India this week will be the latest attempt by the Biden administration to look past the new power’s longstanding ties to Russia and deepen a relationship it hopes will serve as a counterweight to China. The US has changed its approach to India since the invasion of Ukraine began, … Read more

The Ministry of Taxation gets out of the vote

The Ministry of Taxation gets out of the vote

Photo: Daniel Acker/Bloomberg News You name it, the Biden administration has done it to encourage Americans to vote for the Democrats this year. And now the Tax Agency may lend a hand. In October, the IRS extended the window for some people to file a 2021 tax return by one month to November 17. It … Read more

Colombia unsettles markets with higher taxes on oil, wealth to boost poverty-fighting spending

Colombia unsettles markets with higher taxes on oil, wealth to boost poverty-fighting spending

BOGOTÁ, Colombia—Colombia is set to raise taxes on wealthy individuals and extractive industries to pay for anti-poverty and rural development initiatives as the leftist government grapples with a decline in the peso that has outpaced that of most emerging market currencies . Investors’ concerns about the government’s progressive platform are exaggerated, Finance Minister José Antonio … Read more

HSBC’s top shareholder steps up pressure for major overhaul

HSBC’s top shareholder steps up pressure for major overhaul

LONDON— HSBC Holdings HSBC 8.77% PLC’s top shareholder called for a radical reorganization of the banking giant – including possibly selling part of its business – to boost its profits and lower its share price. Ping An Insurance co. 601318 3.74% China called for cutting the bank’s costs and accelerating a shift in capital and … Read more

How the Federal Reserve Makes (and Loses) Money | WSJ – Wall Street Journal

How the Federal Reserve Makes (and Loses) Money |  WSJ – Wall Street Journal

How the Federal Reserve Makes (and Loses) Money | WSJThe Wall Street Journal The Fed is officially losing money – PJ MediaPJ Media US heading for tens of billions in lossesThe herald Higher interest rates Fuel losses at the Federal ReserveThe Wall Street Journal See full coverage on Google News

The IRS and the Eighth Amendment

The IRS and the Eighth Amendment

By Travis Nix and Tyler Martinez Nov. 1, 2022 6:27 PM ET Photo: Daniel Acker/Bloomberg News Navigating the maze that is the US tax code can already feel like a punishment for ordinary taxpayers. But the real punishment comes when Americans face oppressive penalties from the Internal Revenue Service for innocent filing errors. That may … Read more

Your old PEZ dispensers may be worth something

Your old PEZ dispensers may be worth something

Photo: EWY Media (Shutterstock) PEZ dispensers, the nostalgic candy dispenser with their signature decorative heads, are more than just a quirky way for kids to consume candy – they’re also a hot item on the collectibles market right now. Some sell for hundreds and even thousands of dollars, so if you have some of your … Read more

PlayStation Plus loses 2 million subs months after relaunch

PlayStation Plus loses 2 million subs months after relaunch

Picture: Sony Sony’s June relaunch of PlayStation Plus doesn’t seem to be going quite as planned. In the Japanese giant latest financial report, it is revealed that since Plus launched, it has lost 1.9 million subscribers between July and September this year. Sony CFO Hiroki Totoki said there “hasn’t been much momentum.” Despite this, the … Read more

This billionaire overcame bankruptcy to become Boston’s second-richest entrepreneur | Forbes – Forbes

This billionaire overcame bankruptcy to become Boston’s second-richest entrepreneur |  Forbes – Forbes

This billionaire overcame bankruptcy to become Boston’s second-richest entrepreneur | ForbesForbes