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4 things making it harder for Janet Yellen to repair the US-China relationship
4 things making it harder for Janet Yellen to repair the US-China relationship
As US Treasury Secretary Janet Yellen gears up Friday for two days of meetings with officials and economists in Beijing, she has a tough job: to stabilize a fractious relationship that worsened this week when China retaliated in a tech war with the United States.
2023-07-07 08:57
China must rethink its reliance on property sales to see real growth
China must rethink its reliance on property sales to see real growth
The country's economy was expected to blast out of the blocks after Covid - but that hasn't happened.
2023-07-07 06:22
Taylor Swift agreed to $100 million deal with FTX before it went bankrupt, but FTX pulled out
Taylor Swift agreed to $100 million deal with FTX before it went bankrupt, but FTX pulled out
Taylor Swift signed onto a lucrative touring partnership with FTX before its collapse, but FTX pulled out of the arrangement, according to a person familiar with the discussions.
2023-07-07 05:52
Kim Zolciak and her estranged husband Kroy Biermann sued again over alleged $213K debt, exes to pay 7-figure sum to IRS
Kim Zolciak and her estranged husband Kroy Biermann sued again over alleged $213K debt, exes to pay 7-figure sum to IRS
As per court documents, Simmons Bank has filed a civil lawsuit against Kim Zolciak and Kroy Biermann
2023-07-07 04:56
US labor agency sues Starbucks over treatment of Seattle workers
US labor agency sues Starbucks over treatment of Seattle workers
By Jonathan Stempel NEW YORK The National Labor Relations Board on Thursday sued Starbucks over the coffee chain's
2023-07-07 04:51
Crypto Trading Volume Dropped in Second Quarter to Lowest Since 2019
Crypto Trading Volume Dropped in Second Quarter to Lowest Since 2019
Trading volume on cryptocurrency exchanges in the three months ended in June was the lowest since the final
2023-07-07 03:53
Blackstone, TPG vie for U.S. fund administrator Standish -sources
Blackstone, TPG vie for U.S. fund administrator Standish -sources
By Pablo Mayo Cerqueiro and Amy-Jo Crowley LONDON Buyout houses including Blackstone Inc. and TPG Inc. are evaluating
2023-07-07 03:23
Roivant Attracts Interest for $7 Billion-Plus Bowel Drug
Roivant Attracts Interest for $7 Billion-Plus Bowel Drug
Roivant Sciences Ltd. is attracting interest from large pharmaceutical companies for its treatment for inflammatory bowel disease, which
2023-07-07 03:21
Uber, DoorDash sue New York City over minimum wage law
Uber, DoorDash sue New York City over minimum wage law
By Daniel Wiessner (Reuters) -Uber Technologies Inc, DoorDash Inc and other app-based food delivery companies filed lawsuits on Thursday seeking
2023-07-07 02:26
Wisconsin governor seals 400 years of public school funding increases with budget veto
Wisconsin governor seals 400 years of public school funding increases with budget veto
Wisconsin Gov Tony Evers, a Democrat, used his line-item veto power to enact a state budget that increases spending for public schools for the next 400 years, The Milwaukee Journal Sentinel reported. Mr Evers used the broad powers given to Wisconsin governors to strike a hyphen and the “20” from a reference to the 2024-2025 school year. The line-item veto will make sure that the limits that the state imposes on school districts on how much they are allowed to raise per student will increase by $325 until 2425. The line-item veto will table debates between the two parties during the budget-writing season. Republicans control the state legislature in Wisconsin. Mr Evers said that the move would “provide school districts with predictable long-term increases for the foreseeable future.” Mr Evers also used his line-item veto to nullify much of Republicans’ proposed $3.5m tax cut that would have mostly slashed taxes on the state’s wealthiest residents. But Robin Vos, the speaker of the state House, decried the move. “Legislative Republicans worked tirelessly over the last few months to block Governor Evers’ liberal tax and spending agenda. Unfortunately, because of his powerful veto authority, he reinstated some of it today,” he said in a statement. Dan Rossmiller, who represents the Wisconsin Association of School Boards, said that while the permanent annual funding was “certainly appreciated,” the additional funding could vary depending on the school district and that the rate might not meet or exceed inflation rates in some districts. “I wish the amount would have been higher,” he said. “With inflation at 40-year highs, it's really important to be able to attract and retain teachers and staff, and to be able to pay the increased costs of everything in a school district's budget.” Republicans likely could not override Mr Evers’s action since they lack a veto-proof majority in the state legislature. Read More Watch live: Trump aide Walt Nauta attends court on charges related to classified documents DeSantis doubles down on ‘homophobic’ anti-Trump ad: ‘Totally fair game’
2023-07-06 23:23
Rivian must face lawsuit claiming it defrauded IPO investors over vehicle prices
Rivian must face lawsuit claiming it defrauded IPO investors over vehicle prices
By Jonathan Stempel A federal judge said Rivian Automotive must face a lawsuit claiming it defrauded shareholders during
2023-07-06 22:54
Factbox-Who got what in Silvio Berlusconi's will?
Factbox-Who got what in Silvio Berlusconi's will?
MILAN Details of how billionaire Italian tycoon Silvio Berlusconi divided up his assets have been made public on
2023-07-06 20:28
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