Opinion Is Kamalanomics a winning strategy?

You’re reading the Prompt 2024 newsletter. Sign up to get it in your inbox. Vice President Kamala Harris is out with her economic plan “to bring down costs for American families.” There’s already a lot of buzz about her proposals to go after corporate “price gouging,” cut taxes for families with kids and offer $25,000 … Read more

‘Economic nationalism’ at the RNC clashes with Trump’s pitch to donors

‘Economic nationalism’ at the RNC clashes with Trump’s pitch to donors

MILWAUKEE — Former president Donald Trump is trying to present a more worker-friendly vision of the Republican Party at this week’s convention, but he has continued to make clear in private that he views himself as the best choice for billionaires and big business, according to donors who have attended fundraising events.Even as Trump leans … Read more

Europe, US markets point higher; Bitcoin momentum improves

Europe, US markets point higher; Bitcoin momentum improves

By Naeem Aslam     European and US stock futures are trading higher on the first trading day of the second half of the year, with another reason for traders to feel a little more confident Monday being the news of the first round of the French snap parliamentary election. France is the second-largest economy in … Read more

Proposed Oregon ballot measure would raise corporate taxes and guarantee residents a basic income

Proposed Oregon ballot measure would raise corporate taxes and guarantee residents a basic income

The Oregon Capitol in Salem. (AP Photo/Jenny Kane, File) PORTLAND, Ore. – Oregon voters will likely decide in November whether to establish a historic universal basic income program that would give every state resident roughly $750 annually from increased corporate taxes.Proponents of the concept say they likely have enough signatures to place it on the ballot … Read more

IMF Pitches ‘Strengthening Corporate Taxes’ And ‘Supplemental’ Taxes To Fight Against Impact Of AI On Jobs And Inequality

IMF Pitches 'Strengthening Corporate Taxes' And 'Supplemental' Taxes To Fight Against Impact Of AI On Jobs And Inequality

Loading…Loading…The International Monetary Fund (IMF) has raised a red flag on the potential of artificial intelligence (AI) to exacerbate inequality, urging governments to take measures to protect their economies.What Happened: The IMF expressed “profound concerns” about the possibility of significant labor disruptions and increased inequality as societies transition to generative AI, according to a report … Read more

How the IRS went soft on billionaires and corporate tax cheats – ICIJ

How the IRS went soft on billionaires and corporate tax cheats - ICIJ

Michael Welu worked at the IRS for decades as a specialist in helping agents identify and investigate possible tax crimes. In an agency known for offices working in their own silos, Welu had the rare ability to move between divisions, dissecting and learning each office’s particular customs and procedures. But that experience had its own … Read more

Pound in focus over Labour win, European,  uncertainty

Pound in focus over Labour win, European,  uncertainty

Investors are revising strategies to capitalise on the potential strengthening of the pound (GBP) in the wake of a Labour victory in the UK election on July 4 and increasing political uncertainty in Europe, according to the CEO of one of a leading independent financial advisory and fintech. A Bloomberg survey on Monday suggested that … Read more

Hunter Biden, ’s sister-in-law describes finding crack, gun in his truck

Hunter Biden, ’s sister-in-law describes finding crack, gun in his truck

Hunter Biden’s sister-in-law testified at his criminal trial on Thursday that she took and threw away his gun out of fear of his spiraling addiction, potentially bolstering prosecutors’ case that President Joe Biden’s son broke a law barring illegal drug users from owning firearms.Jurors in the first criminal trial of a U.S. president’s son saw surveillance camera … Read more

Indian PM Modi, ’s alliance leads in majority of seats in early counting trends

Indian PM Modi, ’s alliance leads in majority of seats in early counting trends

Indian Prime Minister Narendra Modi’s Bharatiya Janata Party (BJP)-led alliance is ahead in more than 300 seats in the lower house of parliament, with BJP alone leading in 255 seats.

Crypto , ‘re-staking’ platforms boom as traders chase bigger returns

Crypto , ‘re-staking’ platforms boom as traders chase bigger returns

More than billion worth of cryptocurrency has moved into a new type of platform called EigenLayer, which offers rewards to investors in exchange for locking up their tokens.