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Members of minority groups constitute a growing segment of the U.S. population, although their share of government leadership roles doesn’t always reflect that. While non-Whites are fairly well-represented in appointed positions, such as in President Biden’s Cabinet, elected bodies at the federal and state levels have a way to go before they truly reflect the

Scotland’s first minister Nicola Sturgeon has laid down plans to loosen coronavirus lockdown restrictions from next month, allowing some non-essential retail to reopen from April 5 and hospitality to restart partially from April 26. Sturgeon, who has been under opposition pressure to give specific target dates for lockdown easing, said case numbers and deaths had

The elite US law firm Latham & Watkins posted record revenue of $4.3bn last year, among the highest-ever for a law firm, following a surge in demand during the pandemic. California-based Latham boosted revenue by 15 per cent and increased profit per equity partner by 20 per cent for the 12 months to December. Its

Whether you’re an aspiring auditor for a major accounting firm or hoping to break into the investment banking world with a Wall Street megabank, a college internship (or several) can make a big difference. Not only will you gain experience to add to your resume, but you may also enjoy a competitive edge if you

Boris Johnson on Tuesday launched a sweeping review of the UK’s post-Brexit foreign policy, including a controversial plan for a 40 per cent increase in the number of Trident nuclear warheads that Britain can stockpile. The decision to raise the cap on the number of Trident nuclear warheads from 180 to 260 is “in recognition

Peter Cade | Stone | Getty Images U.S. solar installations reached a record high during 2020 as favorable economics, supportive policies and strong demand in the second half of the year offset the impacts from the coronavirus pandemic. Installations grew 43% year over year during 2020, reaching a record 19.2 gigawatts of new capacity, according

European stocks were on the rise and US government bonds were steady on Tuesday ahead of the latest auction of Treasuries as market sensitivity to fluctuations in demand for American government debt remained high. The auction of 20-year Treasuries totalling $24bn comes just a day before a significant Federal Reserve policy decision. A trio of

The IRS knows it has a big problem. The most recent estimates from the IRS reveal a tax gap of $441 billion. (The tax gap is the spread between what the government thinks it should be collecting and what it actually collects). Some cheats fail to report income while others knowingly take write-offs they’re not

Brazil is to replace its health minister for the third time since the start of the coronavirus crisis as Latin America’s biggest nation struggles to contain a deepening second wave of Covid-19. The government will remove Eduardo Pazuello, an army general, from the role following a week in which deaths hit record levels, while vaccine

Your browser does not support playing this file but you can still download the MP3 file to play locally. US airlines are optimistic about the industry after more people flew in the US this past weekend than any time since the start of the pandemic, and companies are turning to tree planting to appeal to

At the age of 26, Dave Ramsey was bringing home a quarter of a million dollars a year and had a $4 million real estate portfolio. Two years later he lost everything. Today Ramsey, 58, is one of America’s most trusted sources for financial advice. His syndicated radio program, “The Dave Ramsey Show,” is among the

More people flew in the US this past weekend than any time since the coronavirus pandemic crushed air travel a year ago, which has fuelled the recovery hopes of US airline chiefs. The Transportation Security Administration said about 2.57m passengers went through airport checkpoints this weekend. About 1.36m travelled on Friday, making it the single

Bill Ackman, founder and CEO of Pershing Square Capital Management. Cameron Costa | CNBC Billionaire investor Bill Ackman said Monday he donated his entire stake in Coupang — worth more than $1 billion — to charity following the South Korean e-commerce company’s IPO last week. Ackman, who runs the Pershing Square Capital Management hedge fund,

Countries across Europe have suspended the Oxford/AstraZeneca Covid-19 vaccine over concerns the jab may cause blood clots, even though medicines regulators and the World Health Organization say there is no evidence of problems. Germany, Italy, France, Spain and the Netherlands became the latest countries to pause the rollout of the jab on Monday. Norway, Denmark

The Supreme Court’s decision legalizing same-sex marriage in all 50 states in 2015 was undoubtedly a watershed moment in American society. It also had some major practical implications for same-sex couples, including the ability to file federal taxes using the married designation and filing status. Domestic partnerships and civil unions—although counted as legal relationships that are recognized on the state level—are

Elon Musk has a new job title — the “technoking” of Tesla, the electric car company has announced. Zach Kirkhorn, chief financial officer, meanwhile has become “master of coin”. The titles became effective on Monday, Tesla said in a one-line statement. It is the latest unconventional update from the US-listed group, which last month said

“Tell me how much I mess this up!” says Nile Rodgers, before executing an irresistible guitar riff. It is the first lockdown of 2020. Andrew Lloyd Webber has challenged the Twittersphere to upload covers of his showtunes and Rodgers, former Chic guitarist, has taken the bait. After a few repetitions, he sings: “My mind is

Income tax is the primary source of cash flow for the federal government. Income tax includes three separate categories: individual, payroll, and corporate income tax. In 2020, individual and payroll tax revenue accounted for 85% of the government’s revenue. The percentage was about the same for 2019. Income tax made up 55% of the 85%.

Wealthier Hong Kong residents experienced the local government’s “ambush lockdowns” for the first time at the weekend as an outbreak at an upmarket fitness centre threatened to kick off a new wave of the virus in the city. The technique — in which police surround and seal off a number of apartment blocks in the

At least 39 people were killed in Myanmar on Sunday and Chinese-financed factories were set ablaze in an industrial zone of Yangon, marking the bloodiest single day since last month’s military coup. General Min Aung Hlaing’s security forces killed at least 22 protesters in Hlaingthaya township west of the city centre where the factories were

Medtronic (MDT) is a billion-dollar, global leader in medical technology, offering medical devices and therapies to more than 72 million people across 150 countries. Medtronic—derived from combining terms medical electronics—was formed in a Minneapolis garage by Earl Bakker, who later created the battery-powered pacemaker, and accomplished engineer Palmer Hermundslie. As of 2021, Medtronic has a

Signage is displayed on the ZoomInfo Technologies headquarters in Waltham, Massachusetts, on Wednesday, June 3, 2020. Scott Eisen | Bloomberg | Getty Images How are investors supposed to find stocks poised to outperform amid the latest round of market volatility? One way is by following the activity of analysts with proven stock picking abilities. TipRanks

The Venezuelan government is using fake Twitter accounts to sway public opinion and stop authorities in the West African islands of Cape Verde from extraditing its chief dealmaker to the US, according to an intelligence analysis. The report, a copy of which was passed to the Financial Times, analysed more than half a million Twitter

It will be difficult for Germany’s ruling Christian Democrats to shrug off the defeats to which they crashed in two state elections on Sunday. With only six months before German voters elect a new Bundestag, the party of Chancellor Angela Merkel recorded its worst results in the two western states of Baden-Württemberg and Rhineland-Palatinate, according

Inflation can have a dampening effect on fixed-income investments, reducing their purchasing power and cutting their real returns over time. This happens even if the inflation rate is relatively low. If you have a portfolio that returns 9% and the inflation rate is 3%, then your real returns are about 6%. Inflation-index-linked bonds can help

The value of mergers and acquisitions across the investment industry almost tripled last year, reaching its highest level since the global financial crisis, as intense competitive pressures spurred the latest wave of consolidation activity. Announced M&A deals involving asset and wealth managers rose from $13.6bn in 2019 to $38.9bn last year, according to Piper Sandler,

The car industry needs to improve its forecasting to avoid another chip shortage, according to a senior executive at Continental, one of the world’s largest car parts makers. Wolfgang Schäfer, chief financial officer of the German components group, said the current supply crisis, which has crippled the industry, was partly caused by unreliable estimates from

People often ask if technical analysis can be used as an effective substitute for fundamental analysis. Although there is no definitive answer whether technical analysis can be used as a whole substitution for fundamental analysis, there is little doubt that combining the strengths of both strategies can help investors better understand the markets and gauge

A row has broken out between EU member states over coronavirus vaccine allocation in the latest fallout from AstraZeneca’s worsening supply shortfalls to the bloc. Leaders of a group of European states wrote to the presidents of the European Council and European Commission complaining of “huge disparities” in the allocations of vaccines between member states. The

On the western bank of the Yalu in the Chinese city of Dandong, containers packed with medical supplies and protein biscuits stand untouched, prohibited from being trucked across the river and into North Korea. On the opposite bank at Sinuiju, construction of a new bridge, roads and buildings has slowed to a crawl — Kim