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The White House is doubling down on Trump's proposed payroll-tax cut, even amid weak support from Senate Republicans
Republican Sen. Susan Collins said a payroll-tax cut was "extremely expensive" and "would only bene…
Joseph Zeballos-Roig
Trump is doubling down on a payroll tax cut that has slim GOP support and would do virtually nothing to help jobless Americans
The president said he may not sign an economic relief bill that doesn't contain a payroll tax holid…
Joseph Zeballos-Roig
Fintech Zaggle's debut fizzles out with flat listing gains
Zaggle Prepaid Ocean Services debuted on the bourses at a 2.9% premium on Friday. The stock listed …
Ted Cruz, Trump, and other Republicans are pushing a payroll-tax cut that would do little for families suffering financially due to coronavirus
The move would not provide the economy with the adrenaline shot it needs to tide over people alread…
Joseph Zeballos-Roig
An accountant won $78 million in the lottery, but isn't quitting his job until he's wrapped up all his clients' taxes
British accountant Richard Nuttall and his wife Debbie won $78 million in January, but he said he w…
Mikhaila Friel
Zaggle IPO subscribed 12.5x with good interest from QIBs
Only 19% of fintech Zaggle Prepaid Ocean Services’s initial public offer (IPO) was subscribed on th…
Ballooning US deficit will keep bond yields high, even as inflation cools, market veteran says
The 10-year Treasury yield will remain at around 4.25%-4.5%, as the government needs to finance its…
Filip De Mott
Spends management fintech Zaggle’s IPO to open on 14 September
Zaggle Prepaid Ocean Services, a spends management fintech company, said on Monday that its initial…
Congress is sitting on an easy solution to speed job growth without causing inflation
To reduce long-term unemployment, Congress should suspend payroll taxes for employers that expand t…
Joseph S. Fichera
Trump appointees have been left furious after being asked to 'immediately' pay thousands of dollars in deferred payroll taxes, which they thought would be forgiven
Former members of Donald Trump's administration were assured that payroll levies would be forgiven …
Kevin Shalvey
The White House is reportedly weighing executive actions to bolster unemployment benefits and bail out the airline industry
The White House is considering the moves if the economic recovery stalls out with the lack of a bip…
Joseph Zeballos-Roig
'A guinea pig for a bad policy': 1.3 million federal workers will have payroll taxes deferred under a controversial new directive from Trump
The move will cause them to bring home smaller paychecks as the government doubles its payroll-tax …
Joseph Zeballos-Roig
Jobless people would be better off with a second stimulus check than with the payroll tax cut that Trump is championing: McConnell
Sen. Mitch McConnell said the payroll tax cut was left out of the GOP coronavirus relief proposal b…
Joseph Zeballos-Roig
The White House announces push for payroll tax cuts and paid sick leave amid coronavirus outbreak
In brief comments at a news conference on the respiratory illness COVID-19, White House economic ad…
Gina Heeb
Trump's idea of a payroll tax cut would be nearly useless for the Americans who need the help the most
Workers would also be less likely to spend the money if they are confined to their homes and avoidi…
Joseph Zeballos-Roig
Five reasons why markets will not run up further from here
From the lows it plumbed in March this year, Indian equities are up by 8% in 2023 after dropping by…
A top Senate Republican says a stimulus check would 'do more economic good' than the payroll tax cut that Trump is seeking
"When a person has a check in his hand.. that's going to do more economic good than if we dribble o…
Joseph Zeballos-Roig
Twitter loses payroll department, other financial employees as part of mass resignation under Elon Musk
Entire departments crucial to the day-to-day operation of Twitter were part of a large scale employ…
Kali Hays
Elon Musk's Twitter made a mistake on tax documents for laid off workers. Now they may miss the tax filing deadline.
Laid off workers likely received incorrect W-2s due to an error related to the sale of Twitter stoc…
Kali Hays,Sindhu Sundar
The House of Representatives is joining some red states and large companies in rejecting Trump's payroll-tax deferral for its employees
The sparse involvement from big employers threatens to inflict a blow on a measure the Trump admini…