Author: usaeverydaylife

A video protest sign on a truck paid for by the Patriotic Millionaires drives past a mansion owned by Amazon founder Jeff Bezos as part of a federal tax filing day protest to demand he pay his fair share of taxes, in Washington, May 17, 2021.Jonathan Ernst | ReutersMost workers can expect to see Social Security payroll taxes taken from their paychecks throughout the year.But high earners with $1 million in gross annual wage income have already stopped paying into the program as of March 6, according to the Center for Economic and Policy Research.In 2025, workers are subject to…

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The protester leaped on to the stage, lunged at Chrystia Freeland and screamed within inches of her face.She didn’t flinch.Her January campaign launch for leadership of the Liberal Party, and by extension Canada, was disrupted, but the encounter made a point no stump speech could have landed as effectively: She’s unflappable.Ms. Freeland, a career journalist from Alberta who rose through elite institutions to become a top politician, is now running to replace the man who brought her into politics, Justin Trudeau.On Sunday, Canada’s Liberal Party will announce the results of its election for a new leader, chosen by 400,000 members.…

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Shares of DoorDash, Williams-Sonoma, Expand Energy, and TKO Group rose in extended trade on Friday after an announcement they would join the S&P 500.The four companies will join Wall Street’s most widely followed stock benchmark before the start of trading on Monday, March 24, S&P Dow Jones Indices said in a news release.DoorDash jumped 7.5%, Williams-Sonoma rose 2.4%, Expand Energy added 1.5% and TKO Group gained 2.6%.They will replace Borgwarner, Teleflex Inc, Celanese Corp and FMC Corp.Index funds that track the S&P 500 are among the most popular investment tools in the U.S. stock market, and those funds will have to purchase shares of the…

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It was the summer of 2007. Deep inside Canada’s finance ministry, high-ranking officials were staring down the barrel of a global financial meltdown.They weren’t sure exactly when, or how, the market would crash, but as Mark Carney tells it, “We knew that the thing was going to fall apart.”It was a turning point for Mr. Carney, then a senior public servant, and began the next chapter of his career managing economic crises as the governor of national banks in Canada and Britain.It was also a transformative moment in Mr. Carney’s political evolution: He saw the financial crisis as the catalyst…

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Kelly Ortberg, CEO of Boeing, speaking on CNBC’s Squawk Box on Jan. 28th, 2025.CNBCAnnual bonuses for more than 100,000 Boeing employees this year will be tied to company-wide performance, rather than by business unit, as in previous years.Eighty percent of the bonuses are tied to Boeing’s financial performance, with the remaining 20% tied to progress on improving safety and quality, and program execution, according to the 2025 proxy statement filed on Friday with the U.S. Securities and Exchange Commission.The announced changes come two days after CEO Kelly Ortberg told employees the company’s myriad business units have to work together as part of a…

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The Trump administration has asked researchers and organizations whose work is conducted overseas to disclose ties to those regarded as hostile, including “entities associated with communist, socialist or totalitarian parties,” according to a questionnaire obtained by The New York Times.The online survey was sent this week to groups working abroad to research diseases like H.I.V., gather surveillance data and strengthen public health systems. Recipients received funding from Centers for Disease Control and Prevention, the United States Agency for International Development and other federal sources.The questionnaire appears to be very similar to one sent earlier this week to partners of the…

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A US Department of Agriculture (USDA) export approval sticker displayed on a box of imported pork at a cold storage warehouse in Shanghai, China, on Wednesday, March 5, 2025. Raul Ariano | Bloomberg | Getty ImagesThe U.S. Department of Agriculture has eliminated two committees that advise it on food safety, the agency said on Friday, raising concerns about government oversight of the food supply as the Trump administration seeks to downsize the federal bureaucracy and slash costs.The USDA eliminated the National Advisory Committee on Microbiological Criteria for Foods and the National Advisory Committee on Meat and Poultry Inspection, a spokesperson said.The…

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