Don’t Let This Billion Dollar Bailout Fool You

China’s stimulus for its ailing auto industry only creates new problems.

BING NEWS:
  • They Bet Against the Dollar. Now They’re Paying the Price.
    The dollar has jumped by around 9% against the yen this year, according to FactSet. One dollar currently buys around 154 yen. The last time it was that level, George H.W. Bush was president, MC Hammer ...
    04/18/2024 - 5:00 pm | View Link
  • Nobody “Earns” a Billion Dollars. We Need a Wealth Tax.
    U.S. billionaires have seen their wealth nearly double since the Trump tax cuts took effect in 2017. In the meantime, the planet is getting hotter and the richest 1 percent of humanity accounts for ...
    04/17/2024 - 7:57 am | View Link
  • The legal advancements hitting insurers (and Americans) where it hurts
    Insurers have struggled to price for the impact of legal tactic changes, across commercial and personal insurance. Collectively, US casualty insurers put more than $1 billion aside last quarter to ...
    04/5/2024 - 3:44 am | View Link
  • SC power companies set billions on fire to build a nuke plant. They want your money again.
    Not so long ago, lawmakers and utilities were drunk on power — nuclear power. In the late 2000s, South Carolina legislators rewrote rules for building new nuclear reactors, shif ...
    03/23/2024 - 11:01 pm | View Link
  • Don’t want e-tolls? Then pay for GFIP roads, Treasury tells Gauteng
    Gauteng Finance MEC Jacob Mamabolo confirmed to Moneyweb this month that the provincial government had reached an agreement with Sanral on the payment of R4.1 billion towards the GFIP maintenance ...
    03/19/2024 - 5:05 pm | View Link
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