Vice President Mike Pence promised Thursday that the Trump administration “will continue to open up the United States” despite a recent surge in coronavirus cases. Pence told CNBC’s “Squawk on the Street” that the White House will stick with state leaders “every step of the way as they continue to …
Read More »Saudi spending skyrocketed before the VAT jump when the triple shock hits the economy
Saudi Arabian citizens entered stores after coronavirus blockade restrictions were lifted in June, hoping to save money on non-perishable goods, from food and clothing to electronics and cars, before the kingdom triples your value added tax or VAT. Riyadh announced the levy, which increased from 5% to 15% on July …
Read More »American Airlines Says It Has More Than 20,000 Employees For Fall Schedule
An airline employee passes through empty American Airlines terminals at Ronald Reagan Washington National Airport in Arlington, Virginia, on May 12, 2020. ANDREW CABALLERO-REYNOLDS American Airlines told staff Thursday that it has more than 20,000 employees it doesn’t need for its reduced fall schedule as the airline and its competitors …
Read More »The increases in employment reflect ‘optimism in the country’
CNBC’s Jim Cramer said Thursday that massive job gains in June indicate confidence in the United States economy despite the coronavirus pandemic. “There is an optimism in the country that I think is often not shared with people on the air, and that is just because we don’t see the …
Read More »Tax saving moves to make before July 15
With just two weeks to go until this year’s tax filing deadline, now is the time to take advantage of the opportunity to make some key moves, which could translate into good tax savings. The Covid-19 crisis prompted the federal government to extend the due date to file its 2019 …
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