Monday, February 19, 2018
The mayor of Stockton, California, is leading an experiment with “universal basic income,” which is set to start by giving low-income residents $500 a month, no questions asked.Mayor Michael Tubbs calls his city “ground zero” for issues like wage...
Russia will get a country-wide biometric database for financial services starting next summer, the central bank said.The system will expand access to banking by letting people open accounts without having to visit a branch and is a key milestone...
Republicans released their long-awaited tax overhaul bill late Friday afternoon, drawing months of negotiations to a close and setting up a pair of final votes on Monday and Tuesday. President Donald Trump has promised to deliver tax relief as a Christmas...
Toys “R” Us Inc., the largest US "brick and mortar" toys retailer, filed for bankruptcy late on Monday night, as a result of a crushing post-LBO debt load and relentless competition from warehouse and online retailers, the "latest blow...
By Hugh BronsteinCARACAS, July 29 (Reuters) - Venezuela's opposition said it is ready to change tactics in its bid to bring down President Nicolas Maduro after Sunday's election of a legislative super-body that they say is designed to tighten...
By Yale GlobalChina’s Belt and Road Forum, hosted with great fanfare, signals the priority of this flagship connectivity initiative while also underlining its credentials as the new “shaper” of global trends and norms. Exhorting all countries to participate, Chinese...
EXCLUSIVE WNDWASHINGTON – In the name of fighting terrorism financing, a new U.S. Senate bill threatens to force private corporations to monitor your financial activity and empowers government to seize all your assets if you fail to comply with...
Sears is closing 72 more stores, in addition to the more than 180 closings that had already been announced this year.The company released a list internally on Tuesday of the new closings, which include 16 Sears stores, 49 Kmart stores, and...
The retail apocalypse is threatening "devastating" outcomes for retailers.Twenty-two retailers in Moody's portfolio are in serious financial trouble that could lead to bankruptcy, according to a Moody's note published on Wednesday. That's 16% of the 148 companies in the financial...
Legendary investor Jim Rogers sat down with Business Insider CEO Henry Blodget on this week's episode of "The Bottom Line." Rogers predicts a market crash in the next few years, one that he says will rival anything he has...

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