Category Archives: Business

Payroll tax holiday is first shot in a class and generational war 

The president said he’ll eliminate Social Security taxes next year, should he be reelected — and that would likely mean the end of the federal entitlement system as we’ve known it.

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New York Jets GM Joe Douglas Was Patient And Bold. Will Both Approaches Work? 

Jets GM Joe Douglas took different approaches to different positions in the off-season. Will both of them pay off?

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CASI Pharmaceuticals: Q2 Earnings Insights 

Shares of CASI Pharmaceuticals (NASDAQ:CASI) moved higher by 1.6% in pre-market trading after the company reported Q2 results. Quarterly Results Earnings per share were up 43.75% year over year to ($0.09), which missed the estimate of ($0.08). read more

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BUSINESS LIVE: One in three firms expects to cut jobs 

Retailer Superdry has cheered a new £70 million financing deal with its banks to help it through the coronvirus crisis as it revealed that stores sales continue to tumble.

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Top Democrats fear Trump and his staff will shred documents, withhold important information and delete official emails on the way out if Biden wins the election. Here’s what they plan to do to stop it 

Photo by ANDREW CABALLERO-REYNOLDS/AFP via Getty Images Top Democrats are worried that President Donald Trump and his allies will shred documents, delete data and emails, and refuse to cooperate with an incoming transition team if Joe Biden wins the White House. “If there’s a transition — and I pray to God there is this year — it’s hard to see […]

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20% Gain Possible For Steven Madden Stock Post-Covid 

Comparing the trend in Steve Madden’s stock, a company designing and retailing fashion footwear, handbags and accessories, over recent months with its trajectory during and after the Great Recession of 2008, we believe that the stock could likely gain 20% to around the level of $26…

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Coronavirus: One in three UK companies expect to cut jobs by September, poll finds 

Wave of job cuts set to hit construction, manufacturing and IT – as Britain expected to enter recession this week

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Mauritius scrambles to counter oil spill from grounded ship 

Anxious residents of the Indian Ocean island nation of Mauritius are stuffing fabric sacks with sugar cane leaves to create makeshift oil spill barriers as tons of fuel leak from a grounded ship

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Olivia Munn, Tucker Roberts Amicably Split In 2019, Source Reveals 

Olivia Munn and Tucker Roberts called it quits at the end of last year, their reps confirmed.

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Zoë Kravitz Calls Out Hulu After ‘High Fidelity’ Cancellation 

Zoë Kravitz thanked her co-stars and shared some behind-the-scenes photos from “High Fidelity” after learning that the show was canceled. She also called out Hulu for its lack of “shows starring…

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Spare me the city-dweller’s longing for a rural idyll 

You will regret the decision to swap the metropolis for the patchy WiFi, sumac-free countryside

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AP FACT CHECK: Trump’s false push on preexisting conditions 

President Donald Trump is teasing the possibility of executive action to require health insurance companies to cover preexisting conditions

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Trump said people of color ‘just set a record for new jobs.’ Data show the unemployment rate for Black Americans has barely changed in the last month. 

JIM WATSON / Contributor / Getty Images Speaking at a Saturday news conference, President Donald Trump commemorated the US economy for seeing “a new record for jobs” for people of color. But the monthly jobs report the Bureau of Labor Statistics released Friday said the unemployment rate for the Black population “showed little change.” Th […]

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It doesn’t look like Trump’s executive actions on coronavirus relief will actually do much 

REUTERS/Joshua Roberts Since Congress can’t come to an agreement, President Donald Trump on Saturday signed four executive actions aimed at providing Americans economic relief during the coronavirus pandemic. But they face both the possibility of being challenged in the courts and of being difficult to implement. He touted that his “administration […]

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Trump order allows some unemployment pay, defers payroll tax 

President Donald Trump has bypassed the nation’s lawmakers as he claimed the authority to defer payroll taxes and replace an expired unemployment benefit with a lower amount after negotiations with Congress on a new coronavirus rescue package collapsed

Read More on ABC News