Articles
Underground Cellar wants to be like Robinhood but for buying and trading wine
Jeffrey Shaw, 34, wants to change the wine selling game. Read More.
Yellen pushes Biden's massive budget as she warns of 'destructive' economic forces
'Long-term, structural economic challenges' hinder Americans' ability to earn a solid wage, Yellen said Read More.
Here’s What Plunging Lumber Prices Tell Us About Inflation
The price of lumber has fallen more than 40% since its peak in May and other commodities have followed suit, suggesting that some of the price surges that have alarmed lawmakers and investors this spring may fade with time as the economy returns to normalcy. Read More.
Move Over Dogecoin—Tesla Billionaire Elon Musk Has Suddenly Sent The Bitcoin Price Sharply Higher
Tesla TSLA +1.5% chief executive Elon Musk may no longer be the bitcoin community's favorite tech billionaire but he can still move the bitcoin price. Read More.
Economy Week Ahead: The Fed, Factories and Consumers
Look out for U.S. retail sales and industrial production; also Chinese indicators Read More.
Forget going back to the office — people are just quitting instead
As the pandemic clouds lift, the percentage of Americans leaving employers for new opportunities is at its highest level in more than two decades Read More.
Bill would make accounting part of STEM education
Congress introduced bipartisan legislation Friday to recognize accounting as part of the STEM programs in schools, as part of the science, technology, engineering and mathematics curricula.
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The Grassroots Corner June 14, 2021
🇺🇸 The Grassroots Corner - Week Beginning 6/14/21: “Hostile Argument: I Paid Taxes All My Life, Again In Retirement?” Read More.
Half of the pandemic's unemployment money may have been stolen
Criminals may have stolen as much as half of the unemployment benefits the U.S. has been pumping out over the past year, some experts say.
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What is inflation? Hint: It’s not the 12% increase in rental-car prices last month
‘If you’re someone who’s going to the grocery store on a regular basis or even to the gas pump, and you’re noticing that those prices are rising, that doesn’t always necessarily count as inflation’ Read More.
The Chairman’s Report June 11, 2021
Many in D.C. have dreamed about the IRS having a computer system that can analyze our tax returns and not just identify unreported 1099 income, but also flag returns on which the taxpayer has exaggerated deductions, claimed credits to which they are not entitled or underreported other income.
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Biden pitches GOP on 15% minimum corporate tax rate in infrastructure package
President Joe Biden suggested a 15% minimum tax on corporations coupled with increased IRS enforcement during negotiations as an alternative to raising the corporate tax rate in talks with Republicans regarding an infrastructure package. Read More.
El Salvador lawmakers vote to approve bitcoin as legal tender
Bitcoin prices steady after recent tumble Read More.
Amazon reviewing bids to replace JPMorgan as credit card partner
Amazon and JPMorgan first issued a joint card in 2002 and their offerings have long operated on the Visa Inc network Read More.
G-7 nations back global minimum corporate tax of at least 15%
The Group of Seven wealthy democracies agreed Saturday to support a global minimum corporate tax of at least 15% in order to deter multinational companies from avoiding taxes by stashing profits in low-rate countries. Read More.
