Category: Finance

India is preparing a major initiative to stimulate its technology manufacturing sector, with plans to introduce a subsidy package worth INR 230 billion (approximately $2.7 billion). This move is part of the government’s broader strategy to boost local production of electronics and reduce dependence on imports. Key Features of the Subsidy Plan The proposed subsidy […]

The Tax Cuts and Jobs Act, a set of tax cuts Donald Trump signed into law during his first term as president, will expire on Dec. 31, 2024. As Trump and Republicans prepare to negotiate new tax cuts in 2025, it’s worth gleaning lessons from the president-elect’s first set of cuts. The 2017 cuts were […]

My book “Delay, Deny, Defend: Why Insurance Companies Don’t Pay Claims and What You Can Do About It” was thrust into the spotlight recently, after UnitedHealthcare CEO Brian Thompson was shot and killed in what authorities say was a targeted attack outside the company’s annual investors conference. Investigators at the scene found bullet casings inscribed […]

Americans spent more than US$850 billion on domestic leisure travel in 2023, a sum that looks likely to rise in future years. Whether it’s a weekend getaway to a Taylor Swift concert, a long-anticipated holiday visit with family, or a monthlong tour of national parks, travel can leave a lasting impact on how we see […]

The Internal Revenue Service has ramped up its efforts to recover unpaid taxes from millionaires. It collected more than US$1.1 billion from 1,600 wealthy Americans with known but unpaid tax debts in the 2024 fiscal year, up from just $38 million a year earlier. This boost in tax revenue occurred because of the Inflation Reduction […]

In today’s high-pressure business world, demands like meeting sales targets and managing customer relationships are challenging enough. But for some workers, the real battle is surviving the toll of an abusive manager. Toxic behavior from supervisors — including public ridicule, unfair blame and angry outbursts — can push talented employees to the brink, increasing the […]

The world of professional sports is flush with cash, thanks to multibillion-dollar TV deals, sponsorships and ticket sales. Yet some of the biggest investments in major franchises come from taxpayers. Between 1970 and 2020, state and local governments spent US$33 billion in public funds on sports arenas, including nearly $20 billion since 2000 at an […]

Albertsons announced on Dec. 11, 2024, that it had called off an attempted merger with Kroger and would sue Kroger for breach of contract. The US$25 billion deal, first announced in 2022, would have combined Cincinnati-based Kroger, already the largest traditional U.S. supermarket chain, with Boise, Idaho-based Albertsons, which is currently the third-biggest grocer. The […]

CC BY-ND In an era marked by both significant advances and setbacks for LGBTQ+ people, charitable giving to LGBTQ+ organizations more than doubled in a recent 10-year period. Despite that swift growth, those donations still amount to only 0.16% of total U.S. charitable contributions, according to the latest edition of the LGBTQ+ Index, developed by […]

Uncommon Courses is an occasional series from The Conversation U.S. highlighting unconventional approaches to teaching. Title of course: “Economic Realities of the American Dream” What prompted the idea for the course? One of us – Steve Fazzari – was trained as an economist, and the other – Mark Rank – as a sociologist. We’ve shared […]