Chinese stocks extend losses on renewed crackdown from Beijing

More On: china Dr. Fauci’s intolerable obfuscation and other commentary Fauci tries to explain why US funded coronavirus studies at Wuhan lab Typhoon In-fa hits China’s east coast and grounds all flights Here’s all the proof Biden needs to conclude COVID leaked from a lab Chinese stocks extended their recent losses Monday morning amid a renewed crackdown from Beijing that […]

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US economic growth lost momentum in June, Chicago Fed says

Can supply keep up with demand as economy recovers? BNY Mellon Wealth Management Head of equities Alicia Levine and Principal Financial Group Chief Strategist Seema Shah discuss consumers and the U.K. lifting restrictions. U.S. economic growth faltered slightly in June compared with the previous month, according to new data released Thursday by the Federal Reserve Bank of Chicago.  The Chicago […]

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Wyden unveils bill to limit 20% small business deduction for the wealthy

Grover Norquist: Expanding IRS hurts small businesses Americans for Tax Reform President Grover Norquist provides insight into taxes and expanding the IRS under the Biden administration.  Oregon Democrat Sen. Ron Wyden on Tuesday introduced a bill that would phase out the qualified business income deduction – implemented as part of the 2017 Tax Cuts and Jobs Act – for wealthier […]

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Ex-Green Beret, son sentenced for helping Carlos Ghosn escape Japan

More On: Carlos Ghosn Nissan CEO tells Tokyo court Carlos Ghosn had too much power Ex-Green Beret, son plead guilty to helping Carlos Ghosn escape Japan French investigators question fugitive auto titan Carlos Ghosn in Beirut Carlos Ghosn gets $6M bill as Nissan-Mitsubishi case backfires A Tokyo court on Monday sentenced two Americans, a former Green Beret and his son, […]

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J&J sued after recalling sunscreens due to cancer-causing chemical

More On: johnson & johnson CVS pulling two products amid fallout over J&J sunscreen recall Five sunscreens recalled over cancer-causing chemical New warning to be added to J&J vaccine over rare side effect Early data shows this COVID-19 vaccine works against Delta variant Johnson & Johnson has been slapped with a class-action lawsuit after the pharmaceutical giant announced Wednesday that […]

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Inflation to persist at elevated levels for a while: RBI officials

Price pressures to ease in third quarter of 2021-22, they write in a Bulletin article The tapering of the second wave, coupled with an aggressive vaccination push, has brightened near-term prospects for the economy but inflation will remain elevated for some more months, senior RBI officials wrote in an article on the ‘State of the Economy’ in the RBI’s monthly […]

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