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Renewable Diesel Booms Despite Concern Over Effect on Food Prices
As U.S. production of the plant- and animal-derived biofuel soars, the EPA is worrying about surging demand for vegetable oils Source link
IRS Plan to Spend $80 Billion Includes Real-Time Tax Alerts
The tax agency promises digital improvements but no audit-rate increase for most households. Source link
Big Hospital Property Owner Expects Earnings Hit
Medical Properties Trust expects to take a roughly $300 million charge tied to a deal involving some of its holdings. Source link
March Jobs Report Shows Hiring Gradually Cooled
U.S. hiring gradually cooled in March as employers added 236,000 workers. The unemployment rate fell to 3.5%. Source link
Chinese Consumers' Lack of Confidence Is Causing a Rush of Mortgage Prepayments
Worries about future income levels and poor investment returns are pushing borrowers to repay debt early. Source link
Paramount Explores Sale of Majority Stake in Noggin Streaming Service
WSJ News Exclusive Media & Marketing Potential sale comes as entertainment conglomerate looks to prioritize Paramount+, Pluto TV streaming platforms Source link
The Art Market Is All About the 0.1%
Galleries and auction houses are becoming more reliant on a small group of superwealthy collectors. Source link
King Dollar Still Looks Safe From the Yuan
Markets Heard on the Street Weaponizing the dollar creates incentives for change. But as an alternative, the yuan still has serious limitations. Source link
The Pandemic Didn’t End Card Rewards. It Made Them Stronger.
Americans love their credit card rewards more than ever. For card companies, perhaps too much. When the Covid-19 pandemic halted travel—and travel spending—some speculated that
The Art Market Is All About the 0.1%
Galleries and auction houses are becoming more reliant on a small group of superwealthy collectors. Source link