To help economy, bank proposes tax on working from home
LONDON — White collar staff reaping the financial benefits of working from home should be taxed to help other workers who aren’t getting the same…
AP Wire
Germany sees slightly better tax income, more business aid
BERLIN — The German government’s tax income this year is expected to be a bit higher than previously forecast after the economy, Europe’s biggest, performed…
709,000 seek US jobless aid as pandemic escalates
WASHINGTON — The number of people seeking U.S. unemployment benefits fell last week to 709,000, a still-high level but the lowest figure since March and…
New device puts music in your head — no headphones required
LONDON — Imagine a world where you move around in your personal sound bubble. You listen to your favorite tunes, play loud computer games, watch…
US consumer prices unchanged in October, lowest in 5 months
WASHINGTON — U.S. consumer prices were unchanged in October, the lowest reading in five months and an indication that a price spike over the summer…
India announces $35 billion economic stimulus package
NEW DELHI — India’s finance minister today announced a $35.14 billion package to stimulate the economy by boosting jobs, consumer demand, manufacturing, agriculture and exports…
TikTok asks court to intervene as Trump order looms
The popular video-sharing app TikTok, its future in limbo since President Donald Trump tried to shut it down earlier this fall, is asking a federal…
Lagarde: Recovery from pandemic could be bumpy
FRANKFURT, Germany — European Central Bank head Christine Lagarde says the current 1.35 trillion-euro ($1.58 trillion) bond purchase program and cheap loans to banks are…
UK to increase powers to block foreign investments
LONDON — The British government plans to increase its ability to prevent foreign investors from acquiring strategic assets amid increasing concern about the threat to…
China auto sales grow 12.5% in October, but down for year
BEIJING — China’s sales of vehicles including trucks and buses rose 12.5% over a year earlier in October as the industry recovered from the coronavirus,…