The IRS wants to end another major tax loophole for the wealthy and raise $50 billion in the process Posted July 13, 2024 The Internal Revenue Service (IRS) plans to end a major tax loophole for wealthy taxpayers that could raise more than $50 billion in revenue over the next decade,…
Demand for food delivery has skyrocketed. So have complaints about some drivers Posted July 8, 2024 A soaring demand for food delivered fast has spawned small armies of couriers—and increasing alarm—in big cities where scooters, motorcycles and mopeds zip in and…
Coffee, sculptures, and financial advice. Banks try to make new branches less intimidating Posted July 5, 2024 After years of closing or mostly neglecting physical bank branches across the U.S., the nation’s largest banks are spending hundreds of millions of dollars on refurbishing old loc…
Ford refurbishes old train station, a former eyesore that had become a symbol of Detroit’s decline Posted July 3, 2024 The once-blighted, monolithic Michigan Central train station was for decades a symbol of Detroit’s decline. It now has new life following a massive six-year, mult…
Expect the cost of your airfare to continue to rise, an aviation trade group and industry heads warn Posted June 29, 2024 The cost of your next flight is likely to go up. That's the word from the International Air Transport Association, which held its annual meeting in Dubai, home to the long…
Borrowers, especially the young, struggle with credit card debt in potentially bad sign for economy Posted June 24, 2024 Consumers are increasingly struggling to pay their credit card bills, raising concerns about severe delinquencies spiraling and sapping consumer spending. The …
Independent booksellers continued to expand in 2023, with more than 200 new stores opening Posted June 21, 2024 White Rose Books & More is part of the ever-expanding and diversifying world of independent bookstores. Even as industry sales were slow in 2023, membership in the American Bo…
Ghana firm tackles missed business with mobile internet Posted June 18, 2024 Access to mobile internet is driving economic development in Africa but the cost of buying a phone is still a major obstacle for ordinary traders. 85% of the s…
McDonald’s plans $5 US meal deal this month to counter customer frustration over high prices Posted June 15, 2024 McDonald's plans to introduce a $5 meal deal in the U.S. this month to counter slowing sales and customers' frustration with high prices. The deal would let cu…
Technology crushing human creativity? Apple’s new iPad ad has struck a nerve online Posted June 9, 2024 A newly released ad promoting Apple's new iPad Pro has struck quite a nerve online. The ad, which was released by the tech giant on May 7, sho…