Author name: millssy

An arms race on industrial policy is the last thing Europe needs

The writer is an FT contributing editor and writes the Chartbook newsletter This has been the year of industrial policy. In pursuit of rapid decarbonisation, supply chain resilience and decoupling from China, we are witnessing a redrawing of the boundary between government and business on both sides of the Atlantic. This means picking winners and …

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Additional Medicare Tax 2022: Why am I being charged additional Medicare tax?

In the United States, depending on your filing status, you may be subject to a 0.9 percent Additional Medicare Tax on Medicare wages, self-employment income, and railroad retirement (RRTA) compensation. The tax is applicable only if the amount exceeds the following threshold sums: a) 250,000 dollars for married couples filing jointly; b) 125,000 dollars for …

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Brazil Enacts Bitcoin Payments Bill – Bitcoin Magazine

Brazilian President Jair Bolsonaro on Thursday morning signed a bill into law that establishes a complete regulatory framework for the trading and use of bitcoin in the country, according to the federal government’s official journal (DOU). President Bolsonaro enacted the bill approved by Congress without any modifications. As previously reported, the new rules recognize bitcoin …

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US grills major automakers on Xinjiang-linked supply chains in fresh instance of denialism amid continued hostility towards China

Cars for export are loaded onto a roll-on/roll-off ship at Lianyungang Port, East China’s Jiangsu Province, on November 18, 2022. Photo: ICThe US Senate Finance Committee on Thursday grilled eight major automakers on supply chain links to alleged ” forced labor” in Northwest China’s Xinjiang Uygur Autonomous Region, in a fresh defiance of China’s repeated …

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Binance Concludes Second Airdrop For Terra Classic Holders, While Coinbase Buying LUNC Rumors Grow

– Advertisement -The asset had surged by over 7% despite a prevalent market-wide slump before hitting a roadblock. Terra Classic (LUNC) is moving against the bearish trend witnessed within the broader market as it surges on speculative reports suggesting that America’s largest exchange Coinbase is looking to purchase over $200M worth of LUNC tokens. The …

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Sam Bankman-Fried’s Business Partner, Reported Ex-Girlfriend Alleges He Received Billions In Secret Loans

Disgraced former crypto billionaire Sam Bankman-Fried allegedly took billions in secret loans from crypto hedge fund Alameda Research, the firm’s former CEO Caroline Ellison said during a hearing Dec. 19, according to an unsealed transcript cited by multiple outlets. Ellison said she agreed with Bankman-Fried not to disclose to investors that Alameda could borrow unlimited …

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We Energies is asking customers to lower thermostats to 60-62 degrees.

GREEN BAY, Wis. (WBAY) – We Energies is urging customers to reduce their natural gas use by immediately lowering their thermostats to 60 to 62 degrees. The move will allow customers to stay safe, warm and help avoid a significant natural gas outage. This request comes after one of the interstate pipeline suppliers who provides …

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Is there an egg shortage in Southern Utah? –St George News

ST. GEORGE—With holiday baking in mind, shoppers are heading to the egg aisle and some are finding themselves limited on how many cartons they can purchase. And the price has increased. What’s going on? A local Smith’s limited shoppers to two cartons of eggs, St. George, Utah, Dec. 18, 2022 | Submitted photo, St. George …

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Trump, Bankman-Fried and Musk are the monsters of American capitalism | Robert Reich

If this past week presents any single lesson, it’s the social costs of greed. Capitalism is premised on greed but also on guardrails – laws and norms – that prevent greed from becoming so excessive that it threatens the system as a whole. Yet the guardrails can’t hold when avarice becomes the defining trait of …

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Mortgage rates continue downward trend, falling for sixth week

Shvo founder and CEO Michael Shvo explains why he believes now is the time to invest in San Francisco, calling ‘Varney & Co.’ the city is going through a ‘massive transformation.’ The average long-term US mortgage rate declined for the sixth straight week, giving potential homebuyers some relief after rates topped out over 7% last …

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