Tag: Government finance

G-20 finance ministers back deterring use of tax havens

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Top finance officials representing most of the world's economy have backed a sweeping revision of international taxation that includes a 15% global minimum corporate...

G20 ministers take up plan to deter cross-border tax dodging

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Finance ministers from the Group of 20 countries will push for agreement on proposals backed by U.S. President Joe Biden to deter tax dodging...

EXPLAINER: Deterring tax avoidance by global companies

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Negotiators from 131 countries have agreed on a major overhaul of how the world’s biggest multinational companies are taxed. It's an effort to deter...

Schumer wants Senate votes soon on Biden’s domestic agenda

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WASHINGTON — Senate Majority Leader Chuck Schumer said Friday he wants his chamber to vote on pivotal budget and infrastructure legislation before lawmakers break...

US average mortgage rates continue to fall; 30-year at 2.90%

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WASHINGTON — Mortgage rates continued to fall this week, tracking a decline in yields on Treasury securities as the bond market continues to signal...

Ted Turner to give land to nonprofit but keep paying taxes

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LINCOLN, Neb. — Media mogul and billionaire bison rancher Ted Turner is donating an 80,000-acre ranch he owns in western Nebraska to his own...

California to pay victims of forced, coerced sterilizations

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SACRAMENTO, Calif. — California is poised to approve reparations up to $25,000 to victims who were among the thousands of people — some as...

In hunt for infrastructure deal, every Dem has leverage

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WASHINGTON — In a crucial moment for Democrats, party leaders are hunting for a sweet spot that would satisfy their rival moderate and progressive...

Kentucky’s Attica Scott challenges US House budget chairman

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FRANKFORT, Ky — State Rep. Attica Scott, one of two Black women in Kentucky's legislature, announced Wednesday that she'll try to unseat longtime Democratic...

As leaders hunt Biden budget deal, every Dem has leverage

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WASHINGTON — In a crucial moment for congressional Democrats, leaders are hunting for a sweet spot that would satisfy the party’s rival moderate and...