A railroad union worker criticized President Joe Biden over the legislation Congress passed to prevent a strike Friday, saying the president “forced” a rejected contract on workers. The Senate voted Thursday to pass the legislation to avert a strike by the Brotherhood of Maintenance of Way Employees Division (BMWED) of the International Brotherhood of Teamsters and three other railway unions that rejected the September deal brokered by President Joe Biden. The House of Representatives passed a similar bill Wednesday. “Well, what we’ve seen with this great rail strike of ’22 that has ended very undramatically is we’ve seen unionized workers right to bargain collectively get trampled on, their voice has not been heard, they voted against the contract,” Reece Murtagh, a roadway worker, told “CNN This Morning” co-host Kaitlan Collins. “We have a pro-labor president who loves to, you know, pat himself on the back for that, and when the going got tough, he turned his back on the … [Read more...] about ‘Turned His Back On The People’: Rail Union Worker Lambasts Biden Over Strike Bill
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Share to Twitter Share to Linkedin Want to start a conversation with a small business owner? Then ask them about taxes. It’s an issue that almost always lurks in the back of the mind of an owner, sole proprietor or contractor. Despite the concern that nearly every small business owner or sole proprietor has with taxes, however, rarely does the issue arise when asked generally about problems small businesses face. For instance, the National Federation of Independent Business (NFIB) asked companies that saw a decline in profits what was the reason in its monthly optimism index for September. The highest cause was the rise of cost for materials at 42%, while 21% blamed weaker sales. Only 3% stated higher taxes or regulatory costs as the reason. A similar result came from the most recent small business index released by the US Chamber of Commerce and MetLife MET . The survey conducted between July and August of this year found that inflation was … [Read more...] about Consider These 4 End Of Year Small Business Tax Moves
Share to Twitter Share to Linkedin In today’s column, I am going to weave together a myriad of seemingly disparate AI-related topics into one nicely woven fabric. Are you ready? Imagine that you are using an AI-powered app that is aiding you while undertaking some kind of significant task. Perhaps the matter is a financial one or could be health-related. The essence is that you are depending upon the AI to do the right thing and perform in a presumed safe and sound manner. Suppose the AI veers into unethical territory. You might not realize that the AI is doing so. For example, the AI could be relying upon potentially hidden discriminatory factors such as race or gender, though you might not have any viable means of discerning the untoward usage. There you are, all alone, getting the short end of the stick via an AI that has either been devised from the get-go in a problematic way or has managed to steer into dicey and borderline ethical … [Read more...] about Implanting Legal Reasoning Into AI Could Smartly Attain Human-Value Alignment Says AI Ethics And AI Law
Recent measures taken by the government to help relieve financial pressures on student loan borrowers have met resistance. This resistance has made the near future somewhat uncertain for those with student loan debt. If you're paying off a student loan, you might be wondering what to do with the money you planned to use to make payments. Read on to learn some of the ways you can use your extra money until student loan payments pick back up. Key Takeaways The U.S. Department of Education worked with the federal government to enact emergency forbearance of eligible federal student loans due to the COVID-19 pandemic. Measures taken include payment suspensions, 0% interest, cessation of collection activity, and loan forgiveness of up to $20,000. The original forbearance period began in March 2020 but has been extended six times. Student loan forgiveness was blocked by federal courts in November 2022, resulting in the Department of Education placing a hold on all payments … [Read more...] about Uses for Your Money Before Student Loan Forbearance Ends
Share to Twitter Share to Linkedin UPDATE: the object has since been revealed not be from a SpaceX rocket, but from a Long March 3C rocket launched by the China National Space Administration (CNSA) in 2014. Please see my latest story for details. When is the SpaceX rocket going to crash into the Moon? On February 11, 2015 a Falcon 9 rocket from Elon Musk’s SpaceX launched from Cape Canaveral. After sending the Deep Space Climate Observatory (DSCOVR) satellite into an orbit where there’s an unhindered view of the Sun the rocket’s spent upper stage went into a chaotic elliptical orbit of Earth. Seven years later and it’s about to crash into the Moon, as reported first by Ars Technica after calculations by Bill Gray at Project Pluto who tracks near-Earth objects. When will the SpaceX rocket hit the Moon? The SpaceX rocket will hit the Moon at 12:25:58 Universal Time on March 4, 2022 when the four tonne rocket part—officially known as … [Read more...] about When And Where To See Elon Musk’s Out Of Control SpaceX Rocket That Will Crash Into The Moon At 5,700 Mph (Updated)
Share to Twitter Share to Linkedin Let’s be honest: after the year we’ve just put in, we’re all exhausted. But we can’t let our guard down. Because at times like these, it’s easy to let alarmist headlines skew our buy and sell decisions. Worse, the clamor, and almost always incorrect market predictions that dominate the news these days, can lure you away from the reliable dividend payers you need to fund your retirement. I hate to see that happen to investors—especially when they could easily use high-yield closed-end funds (CEFs) to retire on dividends alone. I’ve got three “low-drama” CEFs that can get you there, thanks to their outsized 8.1% average yield. All three also boast strong dividend growth and price upside, too. More on this high-yield trio shortly. There’s Only One Retirement “Rule” You Need to Know It seems that when most investors do pay attention to retirement planning, they obsess over a random sum advisors or pundits say … [Read more...] about How To Achieve The Mythical “Dividends Only” Retirement
Share to Twitter Share to Linkedin Since the news of the entire Juventus board resigning broke earlier this week, more and more details have emerged about what led to that decision and what the future may hold for Italy’s biggest club. As explained in this previous column , the Italian government authority responsible for regulating the Italian stock market – known as CONSOB – are investigating claims that members of the Juventus first team squad were paid off the books during the height of the Covid-19 pandemic. Indeed, according to La Gazzetta dello Sport , 23 players who had signed agreements to reduce their salaries in order to help the club through an extremely difficult period were allegedly actually given that money “in the black.” That would mean that the players and Juventus avoided paying tax on those sums, while the club would have also falsified their books to make it appear as if they balanced. With Juve being a publicly traded … [Read more...] about Juventus Investigation Continues: What Did We Learn This Week?
Share to Twitter Share to Linkedin A key subtext to the debate over whether to restore the expanded 2021 version of the Child Tax Credit (CTC) is this: Does the credit help reduce child poverty by giving low-income families much needed money, or does it increase poverty by discouraging work? The debate is especially intense around the 2021 provision that made the credit fully refundable. That is, should parents get the full credit only if they work and earn a certain amount of income, or not? The 2021 CTC provided up to $3,600 for each child under age 6 and up to $3,000 for children ages 6 through 17. And even very low-income families received the full credit, thanks to full refundability. The current version of the credit, as with previous versions, is only partially refundable so non-working parents receive no credit and many working parents receive only limited credits because they don’t earn enough to access the full credit. That means almost 19 … [Read more...] about Does The Child Tax Credit Reduce Child Poverty Or Discourage Work?
Share to Twitter Share to Linkedin My week at re:Invent 2022 started with a welcome breakfast for the All Builders Welcome Grant Program Winners. The program provides underrepresented technologists within the first five years of their careers a complimentary trip to re:Invent. It was created to offer an opportunity to learn, network and find sponsors and mentors, all by removing the financial barriers to attending the conference. The program has been steadily growing and has tripled in size, with around 500 participants from 42 countries this year. For someone like myself, who has been attending tech events for the better part of twenty years and who has been advocating for diversity, the experience was both exciting and frustrating. It was exciting because, in case there are still doubts, diverse talent is aplenty if tech is willing to look for it and provide an opportunity. It was also frustrating because, by and large, tech is still using the same antiquated and … [Read more...] about Sustainability And Inclusion Take Center Stage At AWS Re:Invent
Representative image. The Payments Council of India (PCI), the apex body of payments and settlement players in the country, has launched an initiative named ‘Project Pratima’ to standardise icons for payments across apps and platforms to make it easier for customers to identify digital payment icons. Gaurav Chopra, Executive Director of PCI told Moneycontrol, “It is a project which PCI has undertaken to standardise icons of most common use cases in payments. The main idea behind this is to safeguard people against fraud and increase adoption of digital payments. Standardised icons will help users identify payments actions correctly.” Pratima means 'icon' in Sanskrit. The project’s website says that it aims to improve the trust, security, and familiarity of digital payment icons in a bid to avoid instances of customers falling prey to fraud or making mistakes while conducting payment transactions. PCI’s website for Project Pratima read, “different icons are being used … [Read more...] about Payments Council launches common icon library for uniformity, fraud prevention