Barclays under fire for sacking 15 Wall Street bankers, cancelling bonuses before holidays | Company Business News – Mint
Weeks before the holiday season, Barclays laid off 15 New York-based bankers and traders and 35 other employees without annual bonuses. The measure has sparked a backlash and raised potential legal issues. The Times of India reports that the UK-based bank's job cuts have left affected professionals upset as they miss out on year-end bonuses, […]
Joe Biden poses with Hunter’s Chinese business associates in newly surfaced photos: ‘Incredibly damning’
President Biden appears in a newly discovered photo of him meeting with Hunter Biden's Chinese business associates in China while he was vice president, and says he has “never discussed business with his son.” His assertion that there is no such thing is now under further scrutiny. The photos, obtained by conservative America First Legal […]
DOGE doubles down on eliminating the government agency that's cracking down on overdraft fees – Business Insider
Vivek Ramaswamy further reinforced DOGE's demand for the abolition of the Consumer Financial Protection Bureau. He wrote to X that the CFPB overstepped its authority with recent rules limiting overdraft fees. The CFPB's rules aim to cap, rather than eliminate, bank overdraft fees, saving consumers billions of dollars. Vivek Ramaswamy points to the agency's latest […]
IRS to send unclaimed tax rebates to 1M Americans – Fox Business
Claman Countdown panelists Peter Schiff and Andy Brenner unpack the market's reaction to the Federal Reserve. The Internal Revenue Service (IRS) announced plans to provide automatic payments to eligible taxpayers who did not claim the Recovery Rebate Credit on their 2021 tax returns. IRS officials announced the move on Dec. 20, saying payments would be […]
US business leaders set to break record on donations to Trump inaugural fund | Business
U.S. business leaders are pouring billions into President Donald Trump's second inaugural fund, which is expected to surpass the record $107 million raised in 2017. . The donations, which are not subject to campaign finance laws, come as industry and business leaders seek to drum up support for the next president after he decisively won […]
Big banks, business groups sue Fed over ‘opaque’ annual stress tests
Major banks and business groups sued the Federal Reserve on Tuesday, alleging that the central bank's annual “stress tests” on Wall Street companies violate the law. The lawsuit, filed in U.S. District Court in Columbus, Ohio, alleges that the Fed's practice of determining large banks' performance against anticipated economic disruptions and assigning capital requirements accordingly […]
Bronx’s ‘The Hub’ is drug-riddled business as usual after Post exposes junkie wasteland
Some habits are difficult to break. The Hub in the Bronx was business as usual, drug-filled, the day after the Post's exposé about the legions of drug addicts and debauchery that preyed on commercial streets. When The Post returned to the scene on Monday, addicts openly mixed opioids and injected them into their arms and […]
Is iSpace getting into the rare helium mining business?
One of the next private companies to attempt a moon landing in the new year will be Japan's iSpace.It is expected to be available by January 2025 at the earliest.thefirst attempt failedThe January launch will take place on SpaceX's Falcon 9.By ride shareFirefly's Blue Ghost Lunar ModuleIt will take several monthsTo reach the moon. The […]
GOP Rep-elect outlines how DOGE, Trump agenda will get country ‘back on track’: ‘No more business as usual’
Newly elected Republican Rep. Derek Schmidt told Fox News Digital that DOGE efforts will be critical in the next Congress, and he believes Republicans will be on the same page as they try to push President-elect Trump's agenda in January. He explained why he is optimistic. ”“It's not business as usual anymore,” said Schmidt, who […]
Monica McNutt dives into navigating ‘subjective’ business that landed MSG career
Monica McNutt is a Knicks studio analyst for MSG Networks and a Knicks radio analyst on 880 ESPN Radio. She takes on a Q&A with Post columnist Steve Serby. Q: Why do the Knicks have so much control over this city? A: They are New York. I have had the experience of bumping into fans […]