Critics of the current system have long argued that the rich don't pay their fair share of Social Security taxes. There's an earnings cap established each year that determines what level of wages workers pay taxes on. Here's why that's unfair: Someone earning $142,800 in 2021 will pay the same amount of Social Security tax as someone earning $400,000.
A former Russian tycoon jailed in Azerbaijan on charges stemming from his time as a top separatist figure in the Karabakh region has gone on a hunger strike, his family said Friday. Ruben Vardanyan started the fast two weeks ago to press demands for a speedy trial, news agencies cited the family as saying. In 2022, he renounced his Russian citizenship and moved to the Karabakh region, parts of which were run by ethnic Armenians who sought to split away from Azerbaijan.
U.S. investment company KKR has sent European Union antitrust authorities a formal notice about its proposed buyout of Telecom Italia's (TIM) fixed-line access network, the former phone monopoly said on Friday. TIM said the confirmation it had received from KKR indicated that the project was progressing according to schedule. TIM has agreed to sell its domestic network to KKR for up to 22 billion euros ($23.5 billion) as part of a government-backed plan aimed at cutting debt and relaunching the group.
Preview capsules for the first round of the NBA playoffs, which start Saturday. ___ EASTERN CONFERENCE No. 2 NEW YORK KNICKS (50-32) vs. No. 7 PHILADELPHIA 76ERS (47-35) Season series: Knicks, 3-1. Story line: The Knicks finished with their best record and highest seed since winning 54 games in 2012-13. They didn't get much of a reward for that, with the opponent being a 76ers team that surged after Joel Embiid returned from knee surgery, winning their final eight games of the regular season and
Polen Capital, an investment management company, released its “Polen Focus Growth Strategy” first quarter 2024 investor letter. A copy of the same can be downloaded here. The US stock market started 2024 optimistically. In the first quarter, the fund returned 8.29% (gross) and 8.09% (net) compared to 11.41% for the Russell 1000 Growth Index and […]
Environmentalists celebrate new rules but Alaska politicians call it an ‘illegal’ attack on state’s livelihood and predict lawsuits
Netflix, Inc. (NASDAQ:NFLX) Q1 2024 Earnings Call Transcript April 18, 2024 Spencer Wang: Good afternoon, and welcome to the Netflix Q1 2024 Earnings Interview. I’m Spencer Wang, VP of Finance, IR and Corporate Development. Joining me today are Co-CEOs, Ted Sarandos and Greg Peters; and CFO, Spence Neumann. As a reminder, we will be making […]
There’s a 64-win team in Boston that ran away with the league’s best record. The defending champions in Denver, a group that won 57 games. A fearless young bunch in Oklahoma City, whose No. 1 seed was no fluke. A trio of Villanova alums in New York, who turned the Knicks into a real contender. And, once again, there’s LeBron James, too. The NBA playoffs are about to begin with the Celtics and Nuggets the heavy favorites — at least according to BetMGM Sportsbook — to collide in the Finals, and no
Tesla has recalled thousands of Cybertrucks after US regulators found that the new vehicle’s pedals could get stuck and lead the car to accelerate unintentionally.
Lim Ki-mo’s first heard Brazilian music 50 years ago in his home town of Busan; now his consular crooning marks a triumph of soft power
Step into sandal season with these "super comfy" slides.
MANCHESTER, England (AP) — Before Eric Cantona, David Beckham or Cristiano Ronaldo, there was Mark Robins. The list of Manchester United greats is long but Robins is not on it. Yet he is widely regarded as the man who saved former manager Alex Ferguson his job and provided the platform for more than two decades of success. On Sunday, Robins could push current United coach Erik ten Hag closer to the brink by leading his second-tier Coventry team to a shock win over United in the FA Cup semifinals
A spectacular sunset bathed the San Francisco skyline in red and yellow on Wednesday, April 17.Photographer Shreenivasan Manievannan captured this spectacular timelapse footage showing the sun passing behind the Salesforce Tower and other buildings in the city before disappearing.According to the San Francisco Chronicle, the gorgeous sunset on Wednesday was caused by a high-pressure system known as “dirty ridge.” Credit: Shreenivasan Manievannan via Storyful
“Liz is the Grinch who wants to stop Christmas!”
The exact number of deaths caused by the storm is not yet known
Bank of England Deputy Governor Dave Ramsden said on Friday that inflation could hold around the central bank's 2% target for the next three years rather than rise higher later this year as set out in the BoE's most recent forecasts. Figures showed on Wednesday that Britain's annual consumer price inflation fell to 3.2% in March from 3.4% in February, extending its drop from a peak of 11.1% in October 2022. The BoE has said it expects inflation to hit or undershoot its 2% target in April, thanks in large part to weaker energy prices, before rising closer to 3% by the end of this year.
One of the Fed's more dovish officials said Friday that 'progress on inflation has stalled' and that 'it makes sense to wait' before cutting interest rates.
There are still "differences" between the International Monetary Fund (IMF) and Ethiopia over a loan and reforms package, but talks are continuing, a senior IMF official said on Friday. Ethiopia may need to devalue its birr currency, which is trading on the black market about 50% weaker than the official rate against the U.S. dollar, to secure the support of the IMF. "Negotiations are ongoing," IMF Mission Chief for Ethiopia Alvaro Piris Chavarri told reporters at the IMF and World Bank Spring Meetings in Washington.
For the third day of the Spanish state visit, she the heir to the Dutch throne donned a gold bag from influencer-adored label Marina Raphael - read more
WASHINGTON (AP) — With rare bipartisan momentum, the House sidelined hard-right conservatives and prepared Friday to push a $95 billion national security aid package for Ukraine, Israel and other U.S. allies over a key procedural hurdle, closer to passage. House Speaker Mike Johnson had spent the past 24 hours making the rounds on conservative media working to salvage the wartime funding, particularly for Ukraine as it faces a critical moment battling Russia, but also for his own job as the rest
The Saskatchewan Water Security Agency issued a high water flow advisory for the Assiniboine River basin in the east central region from the quick melt of the snowpack, but farmers say it’s just another “typical runoff season.” On April 11, the agency told area residents in a media release to expect elevated flows along rivers and streams. “No communities are currently at risk of flooding, however some localized flooding may occur on agricultural lands.” Jordan Lindgren runs a family farm near N
Yahoo Movies