Apr 05 Yellen calls for minimum global corporate income tax By Christopher Rugaber, Associated Press Citing a "thirty-year race to the bottom" in which countries have slashed corporate tax rates, Yellen said the Biden administration would work with other advanced economies in the so-called G20 to set a minimum. Continue reading
Apr 04 Watch 3:17 Vinyl sales prop up independent music By Christopher Booker Even with the popularity of streaming services such as Spotify and Apple Music, last year saw a resurgence in sales of vinyl records—for the first time since 1986, there were more vinyl sold than CDs. The boost in sales couldn’t… Continue watching
Apr 03 Watch 5:57 From the financial crisis to Trump: An editor's notes on power By Christopher Booker Lionel Barber's access to world leaders over the past fifteen years has given him a front-row seat to decision-making amid what he calls ‘turbulent times’. Since leaving his longtime position at the Financial Times last year, Barber published his book,… Continue watching
Apr 02 Estimated 25 million Americans to see boost in federal food benefits By Kathleen Ronayne, Associated Press The change announced late Thursday ensures the lowest-income households can access up to $95 in additional monthly emergency food assistance benefits approved by Congress last year. Previously, people already receiving the maximum benefit amount pre-coronavirus weren't eligible for more. Continue reading
Apr 02 Florida governor issues order banning businesses from requiring 'vaccine passports' By Associated Press Florida Gov. Ron DeSantis has issued an executive order Friday banning businesses from requiring customers to show proof they've been vaccinated against COVID-19 in order to get service. Continue reading
Apr 02 Watch 5:35 Strong jobs report offers signs of hope for an economic recovery By William Brangham, Alison Thoet The U.S. Labor Department reported Friday a net gain of 916,000 jobs last month, the most since August, while the unemployment rate fell to 6 percent. The upbeat jobs report seems to confirm some economists' forecasts that the economy is… Continue watching
Apr 02 WATCH: Biden credits American people for jobs numbers By Christopher Rugaber, Associated Press President Joe Biden welcomed March job data as America’s employers unleashed a burst of hiring, adding 916,000 jobs for the month. Continue reading
Apr 02 March hiring accelerated to 916K, yet many jobs remain lost By Christopher Rugaber, Associated Press America’s employers unleashed a burst of hiring in March, adding 916,000 jobs in a sign that a sustained recovery from the pandemic recession is taking hold as vaccinations accelerate, stimulus checks flow through the economy and businesses increasingly reopen. Continue reading
Apr 01 Supreme Court upholds FCC's easing of local media ownership limits By Mark Sherman, Associated Press The old rules prohibited a single entity from owning a radio or TV station and a daily newspaper in the same media market. They also limited how many radio and TV stations one company could own in a single market… Continue reading
Apr 01 WATCH: Biden holds first Cabinet meeting amid infrastructure push By Jonathan Lemire, Zeke Miller, Associated Press President Joe Biden used his first Cabinet meeting to promote his new infrastructure plan, but the gathering had a very different look and tone from those held by his predecessor. Continue reading