tax

Power Corridor

Fed’s Tea Leaves Get Murkier

Photo by Federal Reserve Board of Governors under Public Domain Mark 1.0

The U.S. Federal Reserve is all but certain to hold interest rates steady Wednesday, but the economy is still scorching – beating expectations in September – while American consumers continue to buy up a storm, charging their credit cards as…

2 min read

OP-ED | Power Corridor

Once and For All, Is It Spending…Or Taxes?

America’s debt clock is ticking – the nation’s debt is at around $33.7 trillion and its deficit, in the latest fiscal year, has effectively doubled to punch above $1.7 trillion.

4 min read
OP-ED | Power Corridor

The Battle Hymn of Billionaire John Paulson

John Paulson, of “The Greatest Trade Ever” fame, is suing a former business partner tasked with running an investment empire for Paulson valued at up to $1 billion in the booming tax shelter of Puerto Rico.

2 min read
(Photo by Aboodi Vesakaran on Unsplash)

International Economics

Ireland Is Launching a Sovereign Wealth Fund

On Tuesday, Ireland said it wants to leverage its corporate tax revenue from tech giants to create a sovereign wealth fund.

1 min read

Power Corridor

Chasing Up Russian Yachts and Mansions Proving Pricey

Photo by Gillfoto under CC BY-SA 4.0

The West’s economic war on Russia is producing a massive taxpayer tab.

3 min read

Photo by Edoardo Cuoghi and Alexander Grey on Unsplash

OP-ED | Power Corridor

A Mountain of Public Money Awaits U.S. Presidential Candidates

The Presidential Campaign Fund’s Hidden Impact on Elections and Beyond.

6 min read
(Photo by Maxim Tolchinskiy on Unsplash)

International Economics

African Nations are Pushing for the World’s Top Polluters to Pay Up

2 min read
(Photo by Michael Coghlan under CC BY-SA 2.0)

Private Equity

EY Rejects TPG’s Bid For its Consulting Business

1 min read

OP-ED | Power Corridor

The Closed-Door, Multitrillion-Dollar Chess Game

How the U.S.-UK “special relationship” extends to hiding wealth.

6 min read

OP-ED | Power Corridor

The President’s Son’s Headache

If Hunter Biden was not the President’s son, would things have been different?

3 min read
Photo credit: Ank Kumar/Wikimedia Commons

Economics

Eurozone Slips into Mild Recession

2 min read
(Photo Credit: Hal Gatewood/Unsplash)

Industries

Drug Maker Merck Sues US Gov. Over Inflation Reduction Act

2 min read

OP-ED | Power Corridor

Serious Question: Is the U.S. Spending Too Much?

Partisan sniping and congressional blame games belie a far greater divide.

8 min read

Sign Up for The Daily Upside to Unlock This Article

Sharp news & analysis on finance, economics, and investing.