Review GST sop’s timing, urges industry

GST Council set to decide on rate cuts for crucial COVID-19 related vaccines, medicines, equipment While the GST Council meets on Saturday to discuss tax cuts on critical COVID-19 related material including vaccines, medicines and equipment, industry donors are urging a rethink on the timing for the applicability of the Integrated GST (IGST) exemption announced on imported relief supplies after […]

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McDonald’s hit by data breach

More On: mcdonald's BTS frenzy is shutting down McDonald’s locations amid COVID fears Bill Gates is a potato farmer, hoeing for McDonald’s fries Not lovin’ it: DoorDasher threatens McD’s workers who denied him Happy Meals McDonald’s beats racial bias lawsuit brought by black franchise owners McDonald’s said Friday that a data breach in South Korea and Taiwan has exposed some […]

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How to know if you’re prepared for early retirement

Retiring early is possible – if you get these four things right. (iStock) While many Americans fear they will never be able to retire, a fast-growing group of people in the Financial Independence, Retire Early (FIRE) movement are not only planning to retire, but also plan to do so decades before they’re eligible for social security benefit payments. One of […]

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Stamp duty holiday helps drive up UK property prices

Gap between supply and demand for homes at widest level since 2013, says Rics UK property prices are set to continue to rise after the gap between demand for homes and supply grew to its widest level since 2013, surveyors have reported. The latest monthly snapshot of the market from the Royal Institution of Chartered Surveyors showed new listings had […]

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GameStop Q1 Loss Narrows; Appoints New CEO, CFO

Shares of GameStop Corp. (NYSE: GME) slipped nearly 7% in extended trading hours on Wednesday after the company reported its first-quarter results and announced the appointment of new CEO and CFO. GameStop reported first-quarter loss of $66.8 million or $1.01 per share, narrower than last year’s loss of $165.7 million or $2.57 per share. Adjusted net loss was $29.4 million […]

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Technology fills the gap as jobs lag GDP

Nashville restaurant owner can’t get job applicants to show up for interviews 404 Kitchen Executive Chef Matt Bolus blames enhanced unemployment benefits for prolonging the hiring struggles facing the food and beverage industry. The economy is booming. Why isn’t job growth? Payrolls have risen 1.6 million in the past three months and are up 1.7% this year through May, which […]

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Biden to launch task force on bottlenecks in supply chains

Biden must make ‘true’ infrastructure deal: Rep. Rodney Davis Rep. Rodney Davis, R-Ill., on what it would take for Biden to get an infrastructure deal passed. WASHINGTON (AP) — The Biden administration has completed a 100-day review of supply chains and will form a task force to address the bottlenecks in the semiconductor, construction, transportation and agriculture sectors. Administration officials […]

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Today's 30-year mortgage refinance rates remain at historical lows for 20 consecutive days | June 8, 2021

Check out the mortgage refinancing rates for June 8, 2021, which are up from yesterday. (iStock) Based on data compiled by Credible, current mortgage refinance rates have risen slightly compared to yesterday.  30-year fixed-rate refinance: 2.750%, Unchanging 20-year fixed-rate refinance: 2.750%, Unchanging 15-year fixed-rate refinance: 2.000%, Unchanging 10-year fixed-rate refinance: 2.125%, Up from 2.000%, +0.125 Rates last updated on June […]

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