Month: September 2023

Pictured here is Shenzhen in southern China. The city is sometimes considered China’s Silicon Valley. Nurphoto | Nurphoto | Getty Images BEIJING — In the years since Alibaba’s U.S. listing in 2014, early-stage investing has drawn tens of billions of dollars into China with relatively little to show for it. Among China-focused investment firms, only
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IRS Commissioner Daniel Werfel testifies before a Senate Finance Committee hearing on Feb. 15, 2023. Kevin Lamarque | Reuters As the IRS pauses on processing new claims for a pandemic-era small business tax break, some filers are in limbo as the agency works on further guidance. The IRS on Thursday temporarily halted processing for amended payroll
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Homeowners renewing their insurance are seeing their premiums increase more than 20% according to a recent study, making housing even more expensive for a growing number of Americans. The study, conducted by Policygenius, found that Florida experienced the largest jump with premiums increasing by 35%. The steep increases in homeowner’s insurance costs contribute to the
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Artistgndphotography | E+ | Getty Images The Federal Reserve is likely to pause its aggressive interest rate hikes when it meets this week, experts predict. But consumers may not feel any relief. The central bank has already raised interest rates 11 times since last year — the fastest pace of tightening since the early 1980s. Yet recent
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In this article ABNB Follow your favorite stocksCREATE FREE ACCOUNT Many Airbnb users with bookings in New York City this Christmas are scrambling to find new accommodations. The company announced plans to cancel and refund bookings for stays after Dec. 1, according to the Associated Press, after long-planned regulations aimed at curbing illegal short-term rentals
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In this article MCD Follow your favorite stocksCREATE FREE ACCOUNT A McDonald’s fast food restaurant is seen in Belmont, United States on April 03, 2023. Tayfun Coskun | Anadolu Agency | Getty Images After California lawmakers passed a landmark fast-food bill, an independent advocacy group of McDonald’s owners is pushing back against what it says
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