Americans think their income-tax share is fair, according to polls Congress may be headed toward passing a tax cut the public is not demanding. | View caption Hide caption Just as politicians and pundits are talking more about a tax cut and less about tax reform, the public seems happier with the revenue code than at any time…
Seven people — including a 23-day-old baby girl — were killed in Russian shelling in Ukraine’s southern Kherson region on Sunday, the country’s Internal Affairs Ministry said. Artillery shelling in the village of Shiroka Balka, on the banks of the Dnieper River killed a family — a husband, wife, 12-year-old boy and 23-day-old girl —…
Twitter owner Elon Musk said Sunday that he was changing the social media brand’s logo to an ‘X’ and doing away with the platform’s iconic bird symbol. The announcement began with a series of cryptic tweets from Musk about the letter ‘X,’ including a message which shows off a shimmering ‘X’ logo. He eventually tweeted…
College football is getting a huge makeover. The Pac-12 league — composed of major universities in the West — has all but dissolved, The Washington Post reported, with eight of its teams fleeing for the Big Ten and Big 12. The leagues are “being scrambled because of television money,” the Post explained. The Pac-12 was…
Are Americans ready to get on board with tax reform? Not so much. So far, the early debate over a 2017 tax bill has been an inside-the-Beltway game. But what will happen once the tax debate gets out of Washington? Will it engage a highly polarized and often-confused public? | View caption Hide caption So…
The smartest insight and analysis, from all perspectives, rounded up from around the web: Hollywood studios thought they could “ride out the skirmish with screenwriters” and keep the entertainment factory going, said Meg James in the Los Angeles Times. Now, with Hollywood actors joining striking screenwriters last week for the biggest Tinseltown shutdown in more…
Israel’s far-right government is on track to pass on Monday the first bill in a controversial package of measures to overhaul the judiciary to weaken the Supreme Court. The effort has bitterly split Israeli society, sparking 29 straight weeks of protest by hundreds of thousands of citizens. Adding to the tumult, Prime Minister Benjamin Netanyahu,…
Since the military organisation’s brief mutiny against the Kremlin in June, the “Russian state has acted against some other business interests of Wagner owner Yevgeny Prigozhin”, said the Ministry of Defence yesterday. In an intelligence update, it added: “There is a realistic possibility that the Kremlin no longer funds the group. If the Russian state…
Five Americans imprisoned in Iran have been placed under house arrest in the first step of a planned prisoner exchange between Tehran and Washington that will include the release of roughly $6 billion in Iranian government assets blocked under U.S. sanctions, according to multiple sources with knowledge of the matter. If the proposed agreement goes through,…
Here are three of the week’s top pieces of financial insight, gathered from around the web: Older investors take a pass on bonds More older Americans are investing “like 30-year-olds,” said Anne Tergesen in The Wall Street Journal. According to Vanguard, “nearly half of 401(k) investors” who are over the age of 55 and are…