Category: Economy
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Are You Driving in New York City? Get Ready to Pay Another Toll
New York City will begin charging tolls for drivers wishing to travel through southern Manhattan. It is expected that the federal government will approve the Central Business District Tolling Program after the end of a public review period this Monday (12). What is the program and how does it work? The toll program aims to…
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Disney Plus, Netflix, Max: How to Ease Streaming Service Charges
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As taxas de compartilhamento de conta da Netflix chegaram, o relançamento da HBO Max como Max introduziu um novo valor de assinatura (US$ 20). Com uma onda de novos custos e aumentos nos preços dos serviços de streaming (como o plano de US$73 do YouTube TV), streaming está começando a se tornar um luxo. Se…
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Rio de Janeiro to Host G20 Summit in 2024
Rio de Janeiro will host the G20 summit in November 2024, with the participation of 20 members and 10 invited nations.
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5 Ways to Live Your Best Travel Life This Summer
Summer travel is heating up despite crowded airports, popular destinations, and rising prices. In fact, 80% of Americans plan to travel as much or more than last summer, according to a new Harris Poll survey from T-Mobile. It doesn’t matter where you’re going; here’s how to keep your wallet happy while making the most of…
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Lockton Announces Acquisition of THB Brazil
Lockton, the world’s largest independent insurance broker and consultant, announced the acquisition of THB Brazil from Amwins, the largest independent wholesale distributor of specialty insurance products in the U.S. A combination of two leaders in the Brazilian insurance and solutions market for individuals will allow for scalability and profitable growth, as well as access to…
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Optimism Prevails Among Minority Business Owners, Survey Shows
Even as minority business owners face new economic challenges, including supply chain disruptions and inflation, the results of the recent PNC Economic Outlook survey show impressive resilience and a positive mindset among these business leaders, according to Marshalyn Odneal, national sales executive for Minority Business at PNC Bank. According to the PNC survey, more than…
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End of the Risk of U.S. Government Default. Congress Approves Suspension of Debt Ceiling
After weeks of political deadlock, tense negotiations, and growing anxiety about the future of the economy, the Senate approved bipartisan legislation on Thursday night (1) that temporarily suspends the debt ceiling and imposes new spending caps, thus ending the possibility of a U.S. government default. The Senate’s approval by a vote of 63 to 36…
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The Pause on Student Loan Payments Is Coming to an End
After a three-year pause, federal student loan payments are about to be collected again. The pause on federal loan payments has been extended eight times since March 2020 as part of a Covid-19 relief measure. This time, however, the resumption of payments is stipulated in legislation: as part of the agreement between President Biden and…
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In the U.S., Rich Goes to Prison: Elizabeth Holmes Reports to Serve 11 Years Behind Bars
Billionaire entrepreneur Elizabeth Holmes begins serving her 11-year sentence this Tuesday (30). She was convicted last November of defrauding hundreds of investors while running the now-defunct startup, Theranos. Her request to remain free on bail while she fights to overturn her conviction was denied by an appeals court earlier this month. Judge Edward Davila, who…