Category Archives: Economy

The Latest: Germany cautiously opens beer gardens, cafes

BERLIN — Chancellor Angela Merkel has urged Germans to behave responsibly as large parts of the country relax more pandemic restrictions at the start of the Pentecost weekend.

As pandemic spread pain and panic, congressman chased profit

WASHINGTON (AP) — In the early days of the pandemic, New Jersey Rep. Tom Malinowski scolded those looking to capitalize on the health crisis, saying it was “not the time for anybody to be profiting” from selling goods to combat

As pandemic spread pain and panic, congressman chased profit

WASHINGTON (AP) — In the early days of the pandemic, New Jersey Rep. Tom Malinowski scolded those looking to capitalize on the once-in-a-century health crisis.

Alaska lawmakers open special session on budget, dividends

JUNEAU, Alaska (AP) — Alaska lawmakers convened in special session Thursday, with completion of the budget a top priority. Perhaps the

Tax changes would boost IRS monitoring of cryptocurrency use

The Biden administration is taking steps to ensure Americans who pay for goods or services with cryptocurrencies don’t sidestep the tax man.

Legislation raises hopes for Alaskan cruises this summer

Congress has voted to let large cruise ships sail directly from Washington state to Alaska without stopping in Canada, a step that could clear the way for cruises later this year.

Arizona election chief: GOP-audited machines must be dropped

PHOENIX (AP) — Voting machines from Arizona’s most populous county should not be used in the future after state Senate Republicans forced officials to give them access for an audit of 2020 election results, the state’s top elections official said

US proposes 15% minimum tax on global corporate profits

WASHINGTON (AP) — The U.S. Treasury Department said Thursday that it supports a global minimum corporate tax rate of at least 15% — below the 21% minimum it has been seeking to impose on the foreign profits of U.S.-based companies.

CNN: Trump Justice Department seized reporter phone records

WASHINGTON (AP) — The Trump administration Justice Department secretly obtained the 2017 phone records of a CNN correspondent, the network said Thursday in revealing the existence of another apparent leak investigation aimed at identifying a journalist...

Foundation raises $1 billion to fight anti-Asian hate

A foundation launched by prominent Asian American business leaders earlier this month said Thursday it has raised more than $1 billion to support Asian American and Pacific Islander communities.

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