When Donald Trump is sworn in as the 47th president of the United States on January 20 next year, one of the first things economists expect him to do is enact at least some of the tariffs he promised while on the campaign trail. As a candidate, Trump said he…
The technology helped recover $1.3bn in tax fraud in the 2024 fiscal year, says the Treasury. The United States Treasury Department is turning more to artificial intelligence (AI) to fight fraud, using the technology to thwart $4bn in improper payments in the last year. The agency released the estimate in…
Donald Trump has pledged not only to stop US businesses from offshoring jobs, but also to take other countries’ jobs and factories in part through huge tariffs that economists say could actually raise domestic prices. Among the ideas the former president pitched in Georgia on Tuesday was cutting the corporate…
Investors are scrambling to shift their positioning following the closely-watched debate between US Republican Donald Trump and Democratic Vice President Kamala Harris, as betting markets swung in Harris’s favour after the event. Shares of Trump Media & Technology Group, the company that owns Truth Social, fell 13 percent on Wednesday…
European Commission directed Apple to pay billions in back taxes, an order upheld by the EU’s top court. European Union antitrust chief Margrethe Vestager has scored two major wins as Europe’s top court has backed her crackdown against Apple’s Irish tax deal and Google’s anticompetitive practices in two landmark cases….
Harris’s proposal for a lower tax rate than the one laid out by Biden suggests she wants to appeal to a broader base of voters. Democratic presidential candidate Kamala Harris has proposed raising the capital gains tax rate for those earning $1m or more to 28 percent, instead of the…
NewsFeed Kenyan President William Ruto fired the majority of his cabinet as the government struggles with discontent over a cost-of-living crisis and the country’s debt. Published On 11 Jul 202411 Jul 2024 Check out our Latest News and Follow us at Facebook Original Source
Global streaming companies have said they were challenging new Canadian rules that oblige them to help pay for local news, saying Canada’s federal government had acted unreasonably and provided no legal basis for the demand. The Motion Picture Association-Canada, which represents Netflix, Walt Disney Co and other companies, said on…
NewsFeed Crowds of Kenyans are gathering for funerals and continued protest across the country. At least 27 people were killed in violent demonstrations that started over a controversial tax bill are now demanding the president’s resignation and government reforms. Published On 28 Jun 202428 Jun 2024 Check out our Latest…
Nairobi, Kenya – “You can’t kill us all,” a protester shouts as heavily armed riot police charge at him. He stands his ground, water bottle in hand, occasionally splashing water on his face, his eyes visibly irritated by tear gas smoke floating in the air and chocking police and protesters…
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