A group of squatters displayed banners and a Ukrainian national flag on the facade of a mansion supposedly belonging to Russian oligarch Oleg Deripaska in Belgrave Square, central London, on March 14,...
Tag: Politics
5 things to know before the stock market opens Monday
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Stock futures rise with Russia-Ukraine war, Fed in focus A view of the New York Stock Exchange ...
Deutsche Bank to wind down Russia operations in major U-turn
Bloomberg | Bloomberg | Getty Images Deutsche Bank has said it will wind down its Russia operations — a major U-turn that sent shares higher Monday. In an announcement released late Friday, the German...
Hey, Gig Worker! Prepare for a Lot More Work When You File Your Taxes.
Self-employed workers who quit salaried jobs last year in the “Great Resignation”—the biggest corporate exodus on record—may find themselves reminiscing about the good old days on a payroll as they pr...
Oil Prices Are Slipping Again. Expect Volatility in Crude to Continue.
Text size Oil prices were on a tear long before Russia invaded Ukraine, but have since marched higher. Mario Tama/Getty Images Oil’s bounce back from its largest decline in two years failed as crude p...
From Nickel to Oil and Stocks, Markets Are in Turmoil. Are They Broken?
Wall Street has been treated to intense volatility in the period since Moscow launched its invasion of Ukraine, with tough sanctions on Russia—a major producer of critical commodities—sending the mark...
Chinese Stocks Plunge After SEC Stokes Delisting Concerns
A further step by the Securities and Exchange Commission toward forcing companies from China off American exchanges helped trigger the worst decline in U.S.-listed Chinese stocks since the global fina...
Disney pauses political donations in Florida over ‘Don’t Say Gay’ bill backlash
Bob Chapek, CEO of Walt Disney Patrick T. Fallon | Bloomberg | Getty Images Disney’s CEO said Friday the company is ceasing its political donations in Florida due to the state’s so-called ...
How the US and allies cut off Russia from the global economy
As Russia stepped up its aggression against Ukraine to the point of a full-fledged invasion, the U.S. and its allies unleashed a series of historic and unprecedented economic sanctions. “It̵...
Covid declared a pandemic two years ago. Health experts warn it’s still not over
Medical staff treat a coronavirus disease (COVID-19) patient in the Intensive Care Unit (ICU) at the Providence Mission Hospital in Mission Viejo, California, January 25, 2022. Shannon Stapleton | Reu...
U.S.-delisting fears resurface for dual-listed Chinese companies
The Chinese and Hong Kong flags flutter as screens display the Hang Seng Index outside the Exchange Square complex, which houses the Hong Kong Stock Exchange, on January 21, 2021 in Hong Kong, China. ...
Estate and Gift Taxes 2021-2022: What’s New This Year and What You Need to Know
The federal estate- and gift-tax exemption applies to the total of an individual’s taxable gifts made during life and assets left at death. Above the exemption, the top rate on such transfers is 40%. ...
Moderna CEO’s golden parachute soared by hundreds of millions over the pandemic
Moderna CEO Stephane Bancel Steven Ferdman | Getty Images Moderna’s board of directors approved a golden parachute for CEO Stephane Bancel worth more than $926 million at the end of last year, u...
Russia to emerge with full bill of health, downplays sanctions
Russian Foreign Minister Sergei Lavrov gives an annual press conference on Russian diplomacy in 2021, in Moscow on January 14, 2022. Dimitar Dilkoff | Afp | Getty Images Russia’s foreign ministe...
United Airlines will let unvaccinated employees return to jobs
A United Airlines 737 Max 8 Leslie Josephs | CNBC United Airlines, citing a steep decline in Covid-19 cases, told staff Thursday that it will allow unvaccinated workers to return to their jobs startin...
U.S. extends airplane mask mandate through April 18
A sign reads “Wear A Mask” at the Hartsfield-Jackson Atlanta International Airport (ATL) in Atlanta, Georgia, U.S., on Tuesday, Dec. 21, 2021. Elijah Nouvelage | Bloomberg | Getty Images T...
Biden restores California ability to set its own auto pollution rules
Cars make their way toward downtown L.A. during the morning commute on April 22, 2021 in Los Angeles, California. Mario Tama | Getty Images The Biden administration is restoring California’s aut...
NYC Health Commissioner Chokshi says Covid pandemic has left U.S. with new epidemic of loneliness
Dr. Dave Chokshi is the Commissioner of New York City’s Department of Health & Mental Hygiene. As another Covid-19 wave recedes across the country, the full toll of the pandemic on our emoti...
This is what happens after they’re seized
The seized Lady M superyacht, owned by Russian billionaire Alexey Mordashov, at the port in Imperia, Italy, on Monday, March 7, 2022. Giuliano Berti | Bloomberg | Getty Images European governments tha...
China watches as Ukraine war makes U.S., EU and Japan show unity
Chinese President Xi Jinping and Russian President Vladimir Putin attend a meeting during the BRICS (Brazil, Russia, India, China, and South Africa) summit in Brasilia on November 14, 2019. Pavel Golo...
The U.S. Will Ban Imports of Russian Oil. What Exactly Does That Mean?
Oil prices spiked to their highest levels since 2008 on Tuesday after the U.S. announced it would ban imports of Russian oil. “Today I’m announcing the United States is targeting the main artery of Ru...
Is the Dollar in Danger?
The U.S. is sitting on top of a horizontal empire, capitalism’s self-organizing, incentive-based structure with its layers of value. It’s not the Marxist mush of “to each according to his needs.” You ...