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Social Security Reserves Projected to Run Out Earlier Than Expected
Social Security won’t have enough money to pay all beneficiaries the amount they are entitled to starting in 2034, a report said. Source link
Green-Energy Winners and Casualties Are Becoming Easier to Spot
The European Union just moved an important step closer to turning its climate ambitions into law. The impact will be felt well beyond the energy
New Corporate Minimum Tax Could Ensnare Some Firms Over One-Time Moves
Companies including CenterPoint Energy and American Water Works seek government guidance on how the sale of a business unit might trigger the 15% levy. Source
TikTok's Behind-the-Scenes Help in Washington: Former Obama, Disney Advisers
Zenia Mucha, Jim Messina and David Plouffe were brought on to advise the video app’s CEO on handling U.S. criticism over its China ties. Source
Republican Budget Still Months Away, Complicating Debt-Ceiling Talks
GOP lawmakers want to start negotiations with the White House on a shorter list of proposals. Source link
Starbucks's Schultz to Testify About Negotiations With Unions
Howard Schultz, who stepped down as CEO this month, is expected to defend the coffee chain against accusations it has retaliated against pro-union workers. Source
Credit Suisse Violated Plea Deal in Tax Case, Senate Report Says
Markets Finance The Swiss bank failed to disclose transfers linked to a continuing tax conspiracy, according to a Senate investigation Source link
McCarthy Pushes for Debt-Ceiling Talks as Unity Eludes GOP
House Speaker Kevin McCarthy tried to prod President Biden into starting talks over spending cuts as a condition for raising the debt ceiling. Source link
Credit Suisse Violated Plea Deal in Tax Case, Senate Report Says
Markets Finance The Swiss bank failed to disclose transfers linked to a continuing tax conspiracy, according to a Senate investigation Source link
U.S. Pushes for Business Investment in Africa to Counter China’s Reach
Business Vice President Kamala Harris is the latest American official to pledge more investment in the continent Source link