Month: July 2021

Students wearing masks listen to teacher Dorene Scala during third grade summer school at Hooper Avenue School on June 23, 2021, in Los Angeles. Carolyn Cole | Los Angeles Times | Getty Images The Centers for Disease Control and Prevention updated its public health guidance for schools Friday, saying fully vaccinated teachers and students don’t
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LONDON — Top financial institutions are calling for global cooperation on central bank digital currencies. The Bank for International Settlements, the global body for central banks, issued a report Friday saying that central banks should work to achieve “interoperability” between their digital currency projects. This can be achieved through a number of ways, the report
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U.S. Senator Elizabeth Warren (D-MA) questions Charles P. Rettig, commissioner of the Internal Revenue Service, during the Senate Finance Committee hearing titled The IRS Fiscal Year 2022 Budget, in Dirksen Senate Office Building in Washington, D.C., June 8, 2021. Tom Williams | Pool | Reuters Wells Fargo‘s decision to pull customers’ credit lines was lambasted
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Ines Fraile | iStock | Getty Images The Pennsylvania Higher Education Assistance Agency — which oversees loans of 8.5 million student borrowers — announced it would not renew its contract with the federal government when it ends later this year. Consumer advocates applauded the news because PHEAA, a quasi-governmental student aid organization created in 1963 by
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While the White House and congressional Democrats are feverishly trying to enact massive, economy-killing tax increases, numerous states are going in the opposite direction: They’re cutting taxes. This segment of What’s Ahead focuses on how local officials are recognizing that lower tax rates mean more opportunities and prosperity. Ohio engineered the biggest tax reduction in
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Flush with cash from one of Thailand’s biggest IPOs, Asset World Corp. CEO Wallapa Traisorat is building new hotels and refurbishing tourist landmarks in hopes of a post-pandemic boom. With Covid-19 still keeping foreign tourists away from Thailand’s pristine beaches and bustling cities, leaving more than 80% of hotel rooms unoccupied, one would expect the
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