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The IRS wants to end another major tax loophole for the wealthy and raise $50 billion in the process The IRS wants to end another major tax loophole for the wealthy and raise $50 billion in the process 06/17/2024 03:16pm • WASHINGTON (AP) The IRS plans to end a major tax loophole for wealthy taxpayers that could raise more than $50 billion in revenue over the next decade, the U.S. Treasury Department says. The proposed rule and guidance announced Monday includes plans to essentially stop partnership basis shif Germany's biggest industrial union seeks a 7% raise for millions of workers 06/17/2024 08:54am • BERLIN (AP) Germany's biggest industrial union said Monday it will seek a 7% pay increase for millions of workers in negotiations starting later this year, arguing that companies including automakers and machinery manufacturers are in a position to afford it. The IG Metall union's leadership sai The high cost of living is still biting the UK. Many don't think the election will change anything 06/17/2024 12:09am • LONDON (AP) Dominic Watters watches his gas and electricity meter like a hawk. He topped it up a few days ago, but now theres just 1.85 pounds ($2.40) of credit left. That may determine what kind of dinner he and his teen daughter get tonight, he says. Watters, a campaigner for better access 7 Best Money Market Funds to Buy for 2024 06/16/2024 08:00pm • Both the European Central Bank and the Bank of Canada have initiated 25-basis-point cuts in their policy interest rates, but their U.S. counterpart has not followed suit. In its June decision, the Federal Reserve again kept its policy interest rate unchanged at 5.25% to 5.5% and indicated that marke The Best Places to Retire Overseas for LGBTQ+ Seniors 06/16/2024 08:00pm • A growing number of U.S. citizens are looking to retire overseas. For those who identify as lesbian, gay, bisexual, transgender and queer, there may be special considerations beyond affordability and access to quality health care. For example, it's important for most LGBTQ+ retirees to settle somewh Britain's July 4 election is fast approaching. Rishi Sunak is running out of time to change the tune Britain's July 4 election is fast approaching. Rishi Sunak is running out of time to change the tune 06/16/2024 11:46am • LONDON (AP) With less than three weeks until U.K. election day, Prime Minister Rishi Sunak is running out of time to change an ominous tune for his Conservative Party. Sunak, who in recent days traveled to a Group of Seven summit and a Swiss conference on the Ukraine war, has been dogged by ques Indiana Republicans upset Mike Braun’s choice for lieutenant governor, backing far-right pick Indiana Republicans upset Mike Brauns choice for lieutenant governor, backing far-right pick 06/15/2024 06:32pm • INDIANAPOLIS (AP) Indiana Republicans rejected Sen. Mike Brauns choice for lieutenant governor on Saturday, instead nominating a podcasting pastor with far-right views to be his running mate. Braun, who is leaving the Senate, endorsed state Rep. Julie McGuire for his running mate when he beca Trump marks his 78th birthday with a towering 'MAGA' cake and attacks on his 81-year-old rival's age Trump marks his 78th birthday with a towering 'MAGA' cake and attacks on his 81-year-old rival's age 06/15/2024 06:06pm • WEST PALM BEACH, Fla. (AP) Donald Trump marked his 78th birthday on Friday night by addressing a fawning crowd in Florida and repeatedly dismissing his opponent in Novembers election, 81-year-old President Joe Biden, as too frail to handle a second term. Our country is being destroyed by Kansas lawmakers poised to lure Kansas City Chiefs from Missouri, despite economists' concerns Kansas lawmakers poised to lure Kansas City Chiefs from Missouri, despite economists' concerns 06/15/2024 11:57am • TOPEKA, Kan. (AP) A 170-year-old rivalry is flaring up as Kansas lawmakers try to snatch the Super Bowl champion Kansas City Chiefs away from Missouri even though economists long ago concluded subsidizing pro sports isn't worth the cost. The Kansas Legislature's top leaders endorsed helping the Many Senate Republicans were done with Trump after Jan. 6. Now they want him back in the White House Many Senate Republicans were done with Trump after Jan. 6. Now they want him back in the White House 06/15/2024 12:03am • WASHINGTON (AP) Three years ago, Donald Trump had few friends left in the Senate. Senate Republican Leader Mitch McConnell declared in a speech that Trump was practically and morally responsible for the violent Jan. 6, 2021, attack on the Capitol by spreading wild falsehoods about el Nigeria bets on a new $2.25B World Bank loan to support reforms that have resulted in hardship 06/14/2024 07:08pm • ABUJA, Nigeria (AP) The World Bank has approved a $2.25 billion loan for Nigeria to shore up revenue and support economic reforms that have contributed to the worst cost-of-living crisis in many years for Africas most populous country. The bank said in a statement late Thursday that the bulk Why it's challenging to prosecute certain elder fraud cases Why it's challenging to prosecute certain elder fraud cases 06/14/2024 06:50pm • Scams targeting older adults are becoming increasingly common, and if scammers get caught, prosecuting those cases brings a distinct set of challenges, according to two attorneys in the U.S. Attorney's Office for D.C. In some instances, it's challenging to prosecute scams because perpetrators may The Latest | US is removing aid pier from Gaza coast again due to weather, officials say The Latest | US is removing aid pier from Gaza coast again due to weather, officials say 06/14/2024 06:18pm • The U.S.-built aid pier will be detached from Gazas coast for a second time due to rough seas, two U.S. officials said Friday, raising further questions about the viability of the sea route. Palestinians are facing widespread hunger because the war has largely cut off the flow of food, medicine a A campaigner who took on the UK Post Office joins Tracey Emin, Imelda Staunton on royal honors list A campaigner who took on the UK Post Office joins Tracey Emin, Imelda Staunton on royal honors list 06/14/2024 05:34pm • LONDON (AP) A former post office branch manager who campaigned to expose a vast miscarriage of justice has been given a knighthood by King Charles III. Alan Bates is among more than 1,000 people, including artist Tracey Emin, actress Imelda Staunton and Duran Duran singer Simon Le Bon, recognize The Latest | Group of Seven summit turns to migration after promising tens of billions to Ukraine The Latest | Group of Seven summit turns to migration after promising tens of billions to Ukraine 06/14/2024 03:55pm • BORGO EGNAZIA, Italy (AP) A summit meeting of the Group of Seven leading industrialized nations focused on migration on Friday, the second and final day of the gathering in southern Italy, seeking ways to combat trafficking and increase investment in countries from where migrants start out on of
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