The United States does not have a carbon border tax. But legislation recently introduced by a bipartisan group of senators could very well put the country on track to implement one. If the United States were to implement a carbon border tax, it would need to know which kinds of industrial goods release the highest
In this article ABI-BE TGT Follow your favorite stocksCREATE FREE ACCOUNT Illustration by Gene Kim Attacks against businesses for their inclusion of the LGBTQ+ community have forced companies to try to strike a balance between expressing values or risking backlash — and even violence — from a small but vocal part of their customer bases.
Customers enter an Olive Garden restaurant in Pittsburg, California, US, on Friday, Dec. 9, 2022. David Paul Morris | Bloomberg | Getty Images Darden Restaurants on Thursday reported quarterly earnings that topped Wall Street’s expectations, fueled by strong LongHorn Steakhouse sales. The company also announced that former CEO Gene Lee plans to step down as chair of
[The stream is slated to start at 10 a.m. ET. Please refresh the page if you do not see a player above at that time.] Federal Reserve Chair Jerome Powell appears Thursday on Capitol Hill for the second day of his testimony on monetary policy. The central bank leader will appear before the Senate Banking
There are many ways for everyday investors to make a real impact on issues like climate change, gun violence, and racial and economic justice. As a partner at Values Added Financial, which manages $150 million of investable wealth for about 80 households, I advise people on how to use their money to do right by
The Washington Post | The Washington Post | Getty Images Within two weeks, the Supreme Court justices should break for their summer recess. And yet there’s been no ruling on President Joe Biden’s sweeping student loan forgiveness plan. For many borrowers, it’s been an anxious wait. “Waiting to hear whether or not it will pass
Living in a large penthouse atop an iconic Honolulu high-rise means never missing a sunrise or sunset again. Look in one direction and the sun rises over the mountains of the Ko’olau Range. Look the opposite way, and you’ll see the sun set over the curvy coastline of Hawaii’s capital city. The 23-story One Ala
Chicken produced in a laboratory from chicken cells. Terry Chea | AP The U.S. Department of Agriculture has approved the sale of cell-cultured chicken in a landmark decision that clears the path for consumers to try it out themselves, the two startups that received the first approvals said Wednesday. Cultured meat, also known as cultivated,
Cadillac advertises for its electric car in Shanghai on May 23, 2023. A traffic police woman stands below. Hugo Hu | Getty Images News | Getty Images BEIJING — Subsidies for electric cars aren’t enough to boost growth in China’s slowing economy. One of the few detailed stimulus plans Beijing has announced this year extends
In this article QAN-AU Follow your favorite stocksCREATE FREE ACCOUNT From popping melatonin to making fists with your toes, passengers have long employed strategies to combat the negative effects of air travel. But airlines can play a role too, according to new research from Qantas and the University of Sydney’s Charles Perkins Centre. The research
Diamond rings and bracelets on display in a show window in Antwerp, Belgium. (Photo by Yuriko Nakao/Getty Images) Yuriko Nakao | Getty Images News | Getty Images “Diamonds are a girl’s best friend,” as the old song goes. But they’re not an investor’s favorite currently, with the precious gems losing some significant value over the
More than half of Tal Thompson’s 46 employees are teenagers. The owner of the Art Factory in Midlothian, Virginia, said this summer, more than ever, she’s been inundated with applications from high school and college students looking for work. The pay for jobs at the studio and coffee shop, which hosts art classes, summer camps,
One of Dubai’s most expensive homes was recently listed for $204 million by Luxhabitat Sotheby’s International Realty. Called The Marble Palace, the massive abode fits the bill for the city’s proclivity towards opulence and pure lavishness. Located in Dubai’s ultra-exclusive neighborhood Emirates Hills, known as the Beverly Hills of Dubai, The Marble Palace is a
There could come a time in anyone’s life when you are unable to speak for yourself. It can happen with aging, and the risk of stroke, cognitive impairment, accident or other cause. When a person has appointed someone to act on their behalf for medical decisions, that person must step up and speak up for
The heirs of an estate can be liable to pay the estate or income taxes (and perhaps other obligations) of the estate. A recent court case involved the estate of the founder of Gulfstream, the aircraft manufacturer. The founder, Allen Paulson, died in 2000 with an estate valued at about $200 million that primarily was
PGA Tour logo during the third round of the Travelers Championship on June 24, 2017, at TPC River Highlands in Cromwell, Connecticut. Fred Kfoury | Icon Sportswire | Getty Images Key lawmakers on Wednesday invited the officials behind the proposed deal between the PGA Tour and Saudi-backed rival LIV Golf to testify at a Senate
Federal Reserve Chairman Jerome Powell arrives to testify during the House Financial Services Committee hearing titled “The Federal Reserve’s Semi-Annual Monetary Policy Report,” in Rayburn Building on Wednesday, June 21, 2023. Tom Williams | CQ-Roll Call, Inc. | Getty Images Let it be known: The leader of the U.S. Federal Reserve, the most important central
Between his own business success and his investments in hundreds of startups, Mark Cuban knows what it takes to be highly successful. There’s one trait you should cultivate above all others if you want to be successful too, he says. “The one thing in life you can control is your effort,” Cuban, 64, recently said
D3sign | Moment | Getty Images The recent tax season was relatively smooth compared with last year’s. But national taxpayer advocate Erin Collins still sees room for improvement as the IRS rolls out funding plan changes. “Overall, the difference between the 2022 filing season and the 2023 filing season was like night and day,” Collins
Forbes Global Properties Woodstock Ranch in Santa Ynez, California, is a private equestrian community offering peaceful country living within some 2,400 acres. Old-growth oak trees dot hillsides green from the winter rains. Spring brings bright patches of wildflowers. Cattle meander lazily in the summer sun. For some homeowners, whose parcels range from about 20 to