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Tesla boss Elon Musk sells £3.2bn shares in electric car maker to raise funds for his £35bn deal for Twitter By Daily Mail City & Finance Reporter Published: 21:50 BST, 29 April 2022 | Updated: 08:15 BST, 30 April 2022 Tesla boss Elon Musk has sold £3.2billion shares in the electric car maker to raise … Read more
Dimon raises the alarm over a looming US recession: JP Morgan boss warns of effects of inflation and Ukraine war By Hugo Duncan and Lucy White For The Daily Mail Published: 17:14 EDT, 13 April 2022 | Updated: 03:59 EDT, 14 April 2022 One of the world’s best-known bankers has warned a recession in the … Read more
FCC launches cheaper internet for Americans under the Affordable Connectivity Program that provides low-income households with $30 off their on monthly bill American households with an income at or below 200 percent of the federal poverty guidelines will receive $30 off their monthly internet bill Those living on qualifying Tribal lands, which includes recognized reservations, pueblos … Read more
US economy unexpectedly GREW by 2.3% with a surge in consumer spending and businesses rebounding: Fears Omicron Christmas surge could push back the recovery Growth soared 6.3% in Q1 and 6.7% in Q2 before slowing to 2.3% growth in Q3 Economists expect GDP growth to come in about 5.5% this year The emergence of the … Read more
Even Gen Z and millennials are abandoning Biden: Just 27% of Americans under 30 approve of the president and only 4% believe the economy is ‘excellent,’ according to another dire poll amid mounting questions over whether he will run again A new dire poll shows that President Joe Biden’s approval rating stands at 27 per … Read more
US Federal Reserve plots three rate interest hikes for 2022 in the face of soaring inflation By Lucy White For The Daily Mail Published: 22:08 GMT, 15 December 2021 | Updated: 22:48 GMT, 15 December 2021 Officials at America’s central bank expect three interest rate hikes next year, as they dramatically shifted their predictions in … Read more
Biden’s $1.75trillion Build Back Better plan would give the US the highest average top personal income tax in the developed world, new research states The average top tax rate would reach 57.4 percent, and the top rate would breach 50 percent in all 50 states The top marginal tax rate at the federal level would … Read more
Chuck Schumer calls Republicans stupid for blocking a suspension of the debt ceiling and tells them to ‘get out of the way’ Schumer took to the Senate floor to bash GOP efforts to block a move to hike the nation’s debt ceiling He blamed ‘pure stupidity’ and ‘Republican stupidity’ Republicans blocked his effort to get … Read more
Apple is reportedly working on a new payment feature called ‘Apple Pay Later’ that will let users pay for purchases at a later date. Apple Pay Later will be available for purchases made at either retail or online stores, Bloomberg reports, citing insiders ‘with knowledge of the matter’. The feature would let Apple Pay users … Read more
Bitcoin has rebounded after a volatile session in which it fell below $30,000, recovering losses sparked a day earlier when China’s central bank deepened a crackdown on cryptocurrencies. On Wednesday morning, Bitcoin rose as much as 17 percent, to $34,818, surging a day after hitting its lowest level since January. Bitcoin supporters said that the correction was … Read more