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Rio Tinto’s vow to improve its cultural heritage policies faces a test with the publication of a long-awaited report on the development of a huge underground copper mine in Arizona. The US Forest Service will release a final environmental impact statement on the Resolution Copper project this month, ending an eight-year approval process. It could

Robey Warshaw, the boutique advisory firm that has worked on some of the UK’s largest deals, reported its lowest profits since its founding six years ago as Brexit took a toll on dealmaking. The group has become one of the key deal advisers in the City of London and made its founders — Simon Robey,

There is nothing to prevent state and local governments from running budget deficits in the same manner as the U.S. federal government. However, most state governments are required by law or their constitution to balance their budgets. A fiscal deficit occurs when revenue is insufficient to support spending. The National Conference of State Legislatures reports

Ozan Yilmaz had hoped a degree in logistics would provide a straightforward route into work, but more than a year after graduating the 23-year-old is still looking for a job. “I am always applying. Sometimes I was called to interviews. But I never get anything,” he said, speaking from the Istanbul home that he shares

A man wearing a face mask walks past the U.S. Federal Reserve in Washington, D.C., the United States, on Dec. 2, 2020. Liu Jie | Xinhua News Agency | Getty Images The Federal Reserve enters the new year with a fresh challenge on its plate, namely whether its commitment to higher inflation will bring power

Alice Woodhouse in Hong Kong Boris Johnson on Monday evening ordered the immediate closure of all primary and secondary schools until mid-February and told people not to leave their homes except for specific purposes, such as for essential work. The announcement piled pressure on the country’s already fragile economy, drawing calls for further government support

A majority of Americans pay someone else to prepare their tax returns. But increasing numbers are turning to tax software and doing their taxes themselves. Which option will be best for you depends on your situation. Here are some of the factors to consider.  Key Takeaways Tax software has made it easier for people to

Jeff Bezos, Warren Buffett and Jamie Dimon. CNBC Haven, the joint venture formed by three of America’s most powerful companies to lower costs and improve outcomes in health care, is disbanding after three years, CNBC has learned exclusively. The company began informing employees Monday that it will shut down by the end of next month,

I’m rather confused about the government’s priority list for the roll out of the BioNTech/Pfizer vaccine (“Experts raise doubts about 12-week gap between Covid jabs”, Report, January 2). Under the scheme, the first to be inoculated are the over-80s, the most vulnerable care home residents and social care workers. This makes perfect sense: immunise the

Donald Trump has attacked Republicans who plan to certify Joe Biden’s election as US president as members of a “surrender caucus”, deepening the intraparty split over the looming transfer of power in Washington. In a series of tweets on Monday morning, the outgoing US president pressured lawmakers from his own party to join his attempt

Making mistakes on your tax return can cost you money. You may miss out on a larger refund than you claimed, wind up owing more taxes—plus interest and penalties—or invite an Internal Revenue Service (IRS) audit. The best defense against these results is a good offense, namely avoiding errors on your return. Key Takeaways Make

A Kia Motors Corp. sports utility vehicle (SUV) delivers the “2021” New Year’s Eve numerals during a coast-to-coast tour in the Times Square neighborhood of New York, U.S., on Monday, Dec. 21, 2020. Michael Nagle | Bloomberg | Getty Images So many questions swirl as the calendar turns — including what year has just started.

Brookfield Asset Management has made an offer to take private its real estate arm Brookfield Property Partners, one of America’s biggest mall operators, in a $5.9bn deal.  The Canadian investment group has offered $16.50 in cash for every share in the property arm it does not own, indicating a near 15 per cent premium on

Greeniums — higher prices for environmentally friendly investments — are driven by investor demand. That was not the case when the UK government launched its Green Investment Bank in 2012. Five years later the bank’s portfolio, which included stakes in offshore wind projects, was sold for £2.3bn to a consortium led by Australia’s Macquarie. Macquarie

Tax deadlines have a way of creeping up on you, so filing for a tax extension might be something you need to do. The filing deadline for your 2020 individual income tax return is Thursday, April 15, 2021. You have until that date to file and pay your federal taxes without any penalty. Filing an extension

China’s currency rallied against the dollar and most global equity indices were up on the first day of trading in 2021. The onshore-traded renminbi strengthened 1 per cent to Rmb6.4648 per greenback on Monday as it crossed the important 6.5 per dollar threshold for the first time since June 2018. The dollar, as measured against

Boris Johnson has put England on alert for tougher Covid-19 restrictions and possible further school closures as ministers raced to deploy a vaccine ahead of a chaotic return to the classroom. The UK prime minister’s plan to reopen most primary schools in England on Monday morning was in disarray, with unions and some councils calling

Disposable Income vs. Discretionary Income: An Overview Disposable income and discretionary income are key economic indicators used to gauge companies’ and individuals’ financial health. Individuals and businesses earn income—money for providing goods or services or investing capital in assets like individual retirement accounts (IRAs). Other sources of income include pensions or Social Security. This income

A group of Republican lawmakers pressed ahead with plans to resist the certification by Congress of Joe Biden’s election victory, despite fierce criticism from both sides of politics that they were undermining democracy. The rebellion, which is being backed by US president Donald Trump, includes at least 12 senators and as many as 140 members

Defaults by US oil and gas producers are set to outstrip all other sectors again in 2021 as an industry battered by this year’s price crash faces yet more pain, according to a forecast from the Fitch rating agency. The US oil industry was thrown into turmoil in 2020 after the Covid-19 pandemic crippled global

For U.S. citizens living abroad, referred to as expatriates or expats, maintaining checking and other bank accounts in the United States provides several advantages. These include the convenience of paying bills or making payments in the country and the ease of direct deposits for employment or Social Security payments. However, using these accounts while living

South Korea’s population shrank for the first time in the country’s history in 2020, highlighting mounting demographic challenges in Asia’s fourth-biggest economy. The number of deaths in South Korea last year was 3 per cent higher than 2019 while total births fell 10 per cent to a record low, according to census results reported by

More than 1m Israelis have received the first shot of a two-phase BioNTech/Pfizer vaccine, making the tiny country a world leader in coronavirus vaccinations. More than a tenth of Israelis, including a quarter of those above 60, have received the vaccine, even as a new variant of the coronavirus kept new infections uncomfortably high, and

What Is Insider Trading? An insider is a person who possesses either access to valuable non-public information about a corporation or ownership of stock equaling more than 10% of a firm’s equity. This makes a company’s directors and high-level executives insiders. Top 3 Most Scandalous Insider Trading Debacles Key Takeaways An insider is someone with either access to valuable

Juan Guaidó rose to his feet in the gallery of Washington’s Capitol building and waved stiffly to acknowledge cheers and applause from members of Congress as President Donald Trump’s words rang in their ears. “Here this evening is a very brave man who carries with him the hopes, dreams, and aspirations of all Venezuelans . . . the true

No more cakes and ale. January is often a month for cutting calories and booze. But going on the wagon involves less self-denial than it used to. A wave of innovation is expanding choice beyond dreary fizzy drinks and juices. The nolo — no and low alcohol — sector was growing at an annual rate

Appreciative inquiry (AI) is an approach to organizational management that emphasizes working from strengths to find new directions for growth rather than focusing on weaknesses or issues to be solved. If this sounds a bit off the beaten path, it is only a matter of being unfamiliar with the name—elements of appreciative inquiry can be

The stock market bulls who drove Tesla’s shares up eightfold in 2020 were handed a new year present on Saturday, as the electric carmaker reported record deliveries of new vehicles that comfortably beat Wall Street expectations. Tesla said it had delivered 180,570 vehicles during the fourth quarter, ahead of the 174,000 analysts had expected. It

At least a dozen Republican senators will object to the certification of Electoral College votes next week as part of a last-minute attempt to overturn the results of November’s election before Joe Biden is sworn in as the 46th US president on January 20. On Saturday, seven Republican senators, including Ted Cruz of Texas, Ron

OPEC stands for the Organization of the Petroleum Exporting Countries. As the name suggests, OPEC is made up of 13 of the world’s largest oil-exporting countries that work together to coordinate international oil prices and policies. Formed in 1960, OPEC has invested billions of dollars in drilling platforms, pipelines, storage terminals, and shipping. Oil is