Author: Jeffery Carter

A video protest sign on a truck paid for by the Patriotic Millionaires drives past a mansion owned by Amazon founder Jeff Bezos as part of a federal tax filing day protest to demand he pay his fair share of taxes, in Washington, May 17, 2021.Jonathan Ernst | ReutersMost workers can expect to see Social Security payroll taxes taken from their paychecks throughout the year.But high earners with $1 million in gross annual wage income have already stopped paying into the program as of March 6, according to the Center for Economic and Policy Research.In 2025, workers are subject to…

(Reuters) – Morgan Stanley lowered its 2025 economic growth forecast for the United States on Friday, citing greater impact from tariffs and a still-tight labor market resulting in higher inflation. “Earlier and broader tariffs should translate into softer growth this year, whereas we previously assumed it would weigh on growth mainly in 2026,” said Morgan Stanley economists led by Michael T Gapen. The Wall Street brokerage lowered its Q4/Q4 2025 growth forecast to 1.5% from 1.9% earlier. It also lowered its 2026 growth forecast to 1.2% from 1.3%. President Trump’s tariff policy is expected to drive up inflation and will…

On Wednesday, Apple unveiled the iPhone 16e. The model replaces both the iPhone SE and iPhone 14 in the company’s lineup. The new handset is the least expensive member of the iPhone 16 lineup, aiming at emerging markets, including India. The world’s second largest smartphone market (behind China) has fueled significant iPhone sales, with Apple recently cracking the top five vendors in India. A week ahead of the iPhone 16e’s release, however, it’s unclear what impact the device will have on this key market. In 2024, India became the fourth largest market for Apple, after the U.S., China, and Japan,…

A Goodyear blimp flies behind a historic sign for the company in Akron, Ohio.GoodyearAKRON, Ohio — Does the Goodyear blimp sell tires?That was one question veteran auto executive Mark Stewart had when he started as CEO of Goodyear Tire & Rubber Co. a little more than a year ago, seeking to lead a transformation plan for the quintessential American company.For a century, Goodyear Tire has used helium-filled airships to tout its brand. Stewart wanted to ensure consumers connected the blimps to the company’s products and services, which it has increasingly done as Goodyear celebrates the 100-year anniversary of its first…

Gillespie says Aaqib undermined him and former white-ball coach Gary Kirsten to grab the coaching job for himself.Former Pakistan Test cricket coach Jason Gillespie has labelled his successor Aaqib Javed a “clown” and accused the former fast bowler of undermining him and ex-white-ball coach Gary Kirsten in order to take charge of the national team across all formats. Gillespie’s comments were in reply to a social media post containing quotes from Aaqib a few days after hosts Pakistan had crashed out of the ICC Champions Trophy without a win. Aaqib told reporters on Tuesday that Pakistan had changed 16 coaches…

Stock Chart IconStock chart iconGSK’s year-to-date stock performance.GSK: “I’m going to say yes to that.”Stock Chart IconStock chart iconBarrick Gold’s year-to-date stock performance.Barrick Gold: “It’s killing me that that thing isn’t moving…Pivot to Agnico Eagle.”Stock Chart IconStock chart iconRegenxbio’s year-to-date stock performance.Regenxbio: “This thing just does nothing but go down, and it loses a ton of money. I can’s possibly recommend putting any money into that thing.”Stock Chart IconStock chart iconCheesecake Factory’s year-to-date stock performance.Cheesecake Factory: “You’ve got a winner in Cheesecake Factory…I think that you’ve got a good stock to buy in Cheesecake.”Stock Chart IconStock chart iconAerCap’s year-to-date stock…

Guido Mieth | Moment | Getty Images’Your IRA is an IOU to the IRS’Traditional IRAs are the oldest and most common type of IRA, owned by 31.3% of U.S. households as of mid-2023, according to research from the Investment Company Institute.Nearly two-thirds of families with traditional IRAs have accounts with retirement plan rollovers, and 43% made contributions on top of rolled over funds, ICI found.  These accounts continue to grow, and many retirees don’t have a plan to withdraw the money, experts say.”Your IRA is an IOU to the IRS,” said Slott, who is also a certified public accountant.Starting at…

By David Shepardson WASHINGTON (Reuters) -The U.S. Trade Representative’s Office will hold a hearing on Tuesday into older Chinese-made “legacy” semiconductors that could heap more U.S. tariffs on chips from China that power everyday goods from autos to washing machines to telecoms gear. The probe, which was started under then-President Joe Biden in December, aims to protect American and other semiconductor producers from China’s massive state-driven buildup of domestic chip supply. A 50% U.S. tariff on Chinese semiconductors started on Jan. 1. Legacy chips use older manufacturing processes introduced more than a decade ago and are often far simpler than…

The CEO of Clearview AI, the controversial facial recognition startup that created a searchable database of 30 billion photos by scraping the internet, has resigned, according to a statement he supplied to TechCrunch. The CEO, Hoan Ton-That, said “it is time for the next chapter in my life” and that he would remain on as a board member of Clearview AI. He declined to comment when asked for more details on what specifically sparked his resignation. The news was first reported by Forbes. Clearview AI now has two “co-CEOs,” early investor Hal Lambert and co-founder Richard Schwartz, who want to…

USA OFFICIALLY BANS LGBT FLAG EMOJI: Washington, D.C. – In a landmark decision that has sent shockwaves across digital communication platforms, the United States government has officially banned the LGBT Pride flag emoji. This marks the second official emoji ban in the country’s history, following this mornings controversial decision to remove the Pregnant Man emoji from all federally approved digital keyboards. The move, announced in a late-night press release from the newly formed “Digital Integrity and Symbolism Oversight Committee,” cites concerns over “ideological neutrality” and “maintaining a standard set of emojis that align with national values.” “Emojis should represent universal expressions,…