U.S. billionaire tax proposal seems to unite Democrats – but will it work?
WASHINGTON (Reuters) – A first-of-its-kind proposal from Democratic lawmakers to tax U.S. billionaires on the assets they own is expected to face challenges [...]
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SPAC tied to Trump's social media network surges for second day
(Reuters) – Shares of the blank-check acquisition company that plans to publicly list former U.S. President Donald Trump’s new social media venture soared [...]
U.S. Senate sets debate, preliminary vote on debt ceiling hike
WASHINGTON (Reuters) -The U.S. Senate on Thursday moved toward trying to pass a stop-gap increase in the Treasury Department’s $28.4 trillion borrowing authority [...]
What homeowners need to know about Singapore’s shift to new interest rate benchmark SORA
IT manager Sue* will soon have to switch her existing loan based on the Singapore Dollar Swap Offer Rate (SOR) to a new [...]
Wall Street eyes four more years for Powell at Fed
(Reuters) – Federal Reserve Chairman Jerome Powell remains favored for renomination by the White House, and if recent history repeats itself a decision [...]
Wall Street eyes four more years for Powell at Fed
(Reuters) – Federal Reserve Chairman Jerome Powell remains favored for renomination by the White House, and if recent history repeats itself a decision [...]
Thoughtworks valued at about $9 billion after shares surge in debut
(Reuters) -Shares of Thoughtworks Inc jumped nearly 24% in their Nasdaq debut on Wednesday, valuing the company at nearly $9 billion, after the [...]
U.S. SEC chief takes broad aim at financial industry in Senate hearing
U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler testifies before a Senate Banking, Housing, and Urban Affairs Committee oversight hearing on the [...]
Investors hit pause as GameStop goes quiet on rejig
(Reuters) -GameStop Corp tumbled 8% in early trading on Thursday, as the video game retailer’s silence on its turnaround plan led its army [...]
Afghanistan central bank board member urges Biden, IMF to release funds
(Reuters) – A senior board member of Afghanistan’s central bank is urging the U.S. Treasury and the International Monetary Fund to take steps [...]