Huawei reported its first yearly revenue decline on record in 2021 as U.S. sanctions continued to hurt the company. But the Chinese technology giant’s income surged last year as it focused on boosting profitability. “Despite a revenue decline in 2021, our ability to make a profit and generate cash flows is increasing, and we are
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The Yokoy platform. Yokoy Sequoia Capital is betting the next European tech giant will emerge in Switzerland. The Silicon Valley venture capital firm told CNBC that it led an $80 million funding round for Yokoy, a platform that helps large companies manage their expenses, invoicing and credit card processing. Previous investors Left Lane and Balderton
A new index ranks Luxembourg as the top passport in the world for aspiring global citizens. The small European country ranked No. 1 out of 199 places in the “Nomad Passport Index 2022” published by the tax and immigration consultancy Nomad Capitalist. While many passport rankings focus solely on visa-free travel, this index adds
David Dee Delgado | Getty Images News | Getty Images The bond market is flashing a warning sign for the U.S. economy. That harbinger is called an “inverted yield curve.” These inversions in the bond market have been reliable predictors of past recessions. Part of the yield curve inverted on Monday. An economic downturn isn’t
U.S. President Joe Biden speaks during an event at the Royal Castle, amid Russia’s invasion of Ukraine, in Warsaw, Poland, March 26, 2022. Aleksandra Szmigiel | Reuters President Joe Biden’s proposed budget for 2023 aims to give the Social Security Administration more funding to improve services. Some groups say the increase doesn’t go far enough.
In recent years, EU countries have undertaken a series of tax reforms designed to maintain tax revenue levels while supporting investment and economic growth. In general, tax reforms focused on reducing individual and corporate income tax rates while increasing environmental or wealth taxes. However, as summarized here, not all tax reforms were created equal. Poorly
A look at Reserve, a project which is attempting to be a solution to inflation.
De bank brengt €5 plus 0,5% per transactie in rekening bij iedereen die meer dan €12.000 uit de muur haalt. Volgens de klant is sprake van een onredelijk en oneerlijk beding. Zij eiste bij het Kifid stopzetting van het tarief. ’Buitenproportioneel’ De vrouw is gewend om elke week €300 contant geld op te nemen. Dat
Door Willemijn van Benthem 1 uur geleden in GELD Kopieer naar clipboard Geld in een oude sok kan ook, maar wordt niet bepaald meer waard. Ⓒ ANP/HH Stijgende rentes, onrust op de aandelenbeurzen: het blijven onzekere tijden voor pensioenfondsen en hun deelnemers. Spaar jij extra voor je oudedagsvoorziening, liefst op een niet al te gangbare manier zoals met goud
Pole position qualifier Sergio Perez of Mexico and Oracle Red Bull Racing celebrates in parc ferme during qualifying ahead of the F1 Grand Prix of Saudi Arabia at the Jeddah Corniche Circuit on March 26, 2022 in Jeddah, Saudi Arabia. Lars Baron | Getty Images Sergio Perez claimed pole position in a dramatic Saudi Arabian
Traders on the floor of the NYSE, March 25, 2022. Source: NYSE Stock futures were slightly lower Sunday evening as investors look ahead to a series of key economic reports and continue to keep a close eye on the Federal Reserve’s planned interest rate hikes. Futures tied to the Dow Jones Industrial Average moved lower
More than half of American households paid no federal income tax last year due to Covid-relief funds, tax credits and stimulus, according to a new report. The nonpartisan Tax Policy Center estimates that 57% of U.S. households paid no federal income taxes for 2021, up substantially from the 44% before the pandemic. Howard Gleckman, senior