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13876 articles published since 08 Mar 2022

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Trump paid $1 million in tax while in office but nothing in 2020
Trump paid $1 million in tax while in office but nothing in 2020
Business and Economy

Donald Trump paid $1.1 million in federal taxes in the middle two years of his presidency, according to a report being scrutinized by lawmakers Wednesday -- but almost nothing for the rest of his time in the White House. The New York Times alleged in 2020 that Trump had paid no income tax in 10 of the previous 15 years after reporting massive losses.

US home sales dip for 10th straight month in 'frozen' market
US home sales dip for 10th straight month in 'frozen' market
Business and Economy

Sales of existing homes in the United States slid for a 10th consecutive month in November, extending a record streak with mortgage rates high and inventory tight, according to industry data released Wednesday. The median home price across housing types was $370,700 last month, still 3.5 percent above the same period in 2021, NAR data showed.

Embattled Philips says respirators 'within safety limits'
Embattled Philips says respirators 'within safety limits'
Business and Economy

Under-fire Dutch medical device maker Philips said Wednesday extensive testing on its recalled respirator devices showed they were "within safety limits" for use, but that a final verdict rests with global regulatory authorities. But the company announced on Wednesday that extensive testing showed the respirators were "compliant with... allowable limits for particle matter emissions."

Crypto could cause next financial crisis: India central bank chief
Crypto could cause next financial crisis: India central bank chief
Business and Economy

India's central bank governor warned Wednesday that cryptocurrency markets risked causing the next global financial crisis, saying the recent collapse of FTX was proof of the sector's "inherent risks". Das said the fall in crypto prices and recent developments around FTX validated his long-held view that cryptocurrencies have "huge inherent risks for our macroeconomic and financial stability".

Yen holds gains, markets bounce after Bank of Japan move
Yen holds gains, markets bounce after Bank of Japan move
Business and Economy

The yen held onto gains Wednesday and equity markets rebounded from a plunge the day before fuelled by the shock Bank of Japan decision to shift away from its ultra-loose monetary policy. "And beyond the Covid shift, Chinese policymakers have taken more decisive steps to support the economy, while broader macro policy continues to ease.

Musk expresses doubts on reliability of Twitter CEO poll
Musk expresses doubts on reliability of Twitter CEO poll
Business and Economy

Elon Musk on Tuesday said that he doubted the reliability of a Twitter poll in which a majority of votes said he should step down as a CEO of the company. But polling company HarrisX on Tuesday tweeted out their own poll of Twitter users, in which 61 percent of respondents voted to keep Musk as CEO. "Interesting.

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