Biden’s ‘Buy American’: President will increase threshold for products considered ‘Made in America’ to 60% as he heads to Pennsylvania truck factory to demand taxpayer dollars be spent on domestic goods Biden to reveal a new rule on Wednesday raising the threshold of products ‘Made in America’ from 55% to 60% of it’s components being … Read more
Social Security payments could rise 6.1 percent next year due to soaring inflation, which would be the largest increase since 1983, according to a new estimate, but it may not arrive soon enough for some. The Senior Citizens League, a non-partisan advocacy group, released the new estimate Wednesday, responding to the latest inflation data showing … Read more
Apple is reportedly working on a new payment feature called ‘Apple Pay Later’ that will let users pay for purchases at a later date. Apple Pay Later will be available for purchases made at either retail or online stores, Bloomberg reports, citing insiders ‘with knowledge of the matter’. The feature would let Apple Pay users … Read more
Bitcoin has rebounded after a volatile session in which it fell below $30,000, recovering losses sparked a day earlier when China‘s central bank deepened a crackdown on cryptocurrencies. On Wednesday morning, Bitcoin rose as much as 17 percent, to $34,818, surging a day after hitting its lowest level since January. Bitcoin supporters said that the correction was … Read more
Investor Carl Icahn has hit back as it emerged that he and other billionaire Americans like Elon Musk and Jeff Bezos paid zero federal income tax some years, asking: ‘Do you think a rich person should pay taxes no matter what?’ Icahn, who is ranked the 40th wealthiest American with an estimated fortune of … Read more