placeholderA newly revealed part of Trump’s tax plan would have a big effect on millions of business owners.
IN A rickety warehouse on the banks of London’s Thames, sit mountains of caramel-coloured raw cane-sugar. Following a pattern of trade that is centuries old, they have been shipped across the oceans to Tate & Lyle Sugars’ dockside factory, where they will be refined into the white stuff. Cane reigns supreme worldwide, accounting for four-fifths […]
Job interviews are difficult affairs to navigate. Some do it better than others.
“THROUGHOUT history, poverty is the normal condition of man,” wrote Robert Heinlein, a science-fiction writer. Until the 18th century, global GDP per person was stuck between $725 and $1,100, around the same income level as the World Bank’s current poverty line of $1.90 a day. But global income levels per person have since accelerated, from […]
The entrepreneur revealed he sleeps about six hours on average.
EVERY time the Federal Reserve has raised rates since the financial crisis, as it did on March 15th, it has done so in part by increasing “Interest On Excess Reserves” (IOER). This obscure policy rate is surprisingly controversial. Jeb Hensarling, the Republican chair of the congressional committee that oversees the Fed, has called it a […]
HAVE western governments, faced with angry voters, lost the ability to raise taxes? The question is raised by a farcical U-turn by the British government over a budget measure announced a week previously. The government retreated in the face of backbench opposition and the right-wing press. It seems eerily reminiscent of America, where Republicans have […]
Badluck Descalzi? WHEN Eni, Italy’s oil major, this week revealed a return to profit in the fourth quarter and a long-term commitment to keep the barrels flowing, there was much to cheer. Three years on from Claudio Descalzi’s appointment as CEO, Eni has made spectacular oil and gas discoveries even as its peers retrenched amid […]
BILL GATES is an unlikely Luddite, however much Microsoft may have provoked people to take a hammer to their computers. Yet in a recent interview with Quartz, an online publication, he expressed scepticism about society’s ability to manage rapid automation. To forestall a social crisis, he mused, governments should consider a tax on robots; if […]
Tesla revealed that it has already been experimenting with the practice.