Social issues
How companies like Amazon, Nike and FedEx avoid paying federal taxes
The current United States tax code allows some of the biggest company names in the country to not pay any federal corporate income tax. In fact, at least 55 of the largest corporations in America paid no federal corporate income taxes on their 2020 profits, according to the Institute on Taxation and Economic Policy. The […]
Read More
Judge grants bail to two men accused of impersonating Homeland Secrity agents
Arian Taherzadeh, sketch from detention hearing for the two men charged with impersonating DHS agents. Source: Bill Hennessy A judge granted bail Tuesday to two Washington, D.C., men criminally charged with impersonating federal law enforcement agents. The ruling by Judge G. Michael Harvey in federal court for the District of Columbia came a week after […]
Read More
‘The war for talent’ continues. 40% of recent job switchers are again looking for a new position, survey finds
Cecilie_arcurs | E+ | Getty Images Two of every 5 workers who switched jobs over the past year are looking for work again, according to a new survey published by Grant Thornton, a consulting firm. These workers will likely account for a good deal of churn in the labor market as the so-called Great Resignation […]
Read More
There’s a growing interest in wealth taxes on the super-rich. Here’s why it hasn’t happened
Sen. Ron Wyden, D-Ore., speaks during a Senate Finance Committee nomination hearing on Feb. 23, 2021. Greg Nash | Pool | Reuters Americans increasingly favor a wealth tax on the ultra-rich. But despite an uptick in proposals, these policies have struggled to gain traction. President Joe Biden in March unveiled the latest federal wealth tax […]
Read More
Man accused of impersonating DHS agent offered one of Jill Biden’s Secret Service agents an assault rifle, court records say
Arian Taherzadeh seen in photos submitted in a D.O.J. affidavit. Courtesy: D.O.J One of two men criminally charged with impersonating federal law enforcement agents in Washington, D.C., offered to give an assault rifle worth $2,000 to a U.S. Secret Service agent who was assigned to the protective detail of first lady Jill Biden, a court […]
Read More
Developers are turning to master-planned communities to solve the housing affordability crisis
Americans who are short on cash to make rent may need to face an uncomfortable reality: Conditions will likely get worse before they get better. U.S. housing supply fell to the lowest levels observed in over 20 years, according to the National Association of Realtors. That’s dramatically pushing up prices for consumers, and catching the […]
Read More
NFL gets a warning from state attorneys general: Address women’s hostile-workplace claims, or face investigations
Roger Goodell Catalina Fragoso | USA TODAY Sports | Reuters Attorneys general of six states warned the National Football League on Wednesday to take “swift action” in responding to recent allegations a “workplace culture that is overtly hostile to women,” or face investigations and possible legal charges. The coalition told NFL Commissioner Roger Goodell in […]
Read More
Not earning enough? Many workers are unhappy with their pay
The “Great Resignation,” also known as the “Great Reshuffle,” has many Americans at least considering a career move. But increasingly, job hopping may be more necessary than voluntary as the recent spike in inflation puts households under financial stress. While wage growth is high by historical standards, it isn’t keeping up with the increased cost of […]
Read More
Op-ed: Here’s what every woman needs to know about investing
Thomas Barwick | Getty Images Despite setbacks during the pandemic, the financial influence of women in the U.S. only stands to grow in the coming years. To that point, as more and more women embrace their economic power, they’re increasingly tackling the fundamentals of personal finance. McKinsey projects that by 2030, American women will control […]
Read More
Covid pandemic has impacted kids writing and social skills, study finds
A study by the U.K. government’s education authority Ofsted has found the children continue to struggle with basic skills such as writing and speech in the wake of the Covid-19 pandemic. Sabrina Bracher | iStock | Getty Images Kids continue to struggle with basic skills such as writing and speaking in the wake of the […]
Read More