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US Treasury Sets Rules for 15% Minimum Tax on Biggest, Most Profitable Companies

The U.S. Treasury on Thursday announced new proposed rules for a new corporate alternative minimum tax that is expected to generate $250 billion in U.S. revenues over 10 years from about 100 large companies now paying an average rate of just 2.6%.

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ABC News Moderators Blasted For Bias, Fact Checking Trump But Not Harris

US

ABC News moderators faced criticism for showing extreme bias during the presidential debate, as they fact-checked Donald Trump but failed to do the same for Kamala Harris. David Muir and Linsey Davis were called out for asking Trump more aggressive questions, pressing him with follow-up inquiries, while allowing Harris to avoid answering questions and lie unchecked....

US Dollar Mixed as Inflation Data Backs Smaller Fed Rate Cut

US

The US.dollar was mixed overall on Wednesday in choppy trading after data showed underlying inflation in the world's largest economy rose in August, reinforcing expectations that the Federal Reserve will likely undertake a smaller rate cut of 25 basis points later this month....

Amazon to Invest $10 Billion in UK Data Centres

Business

Internet giant Amazon's cloud computing arm, Amazon Web Services, said on Wednesday that it plans to spend 8 billion pounds ($10.45 billion) in the United Kingdom over the next five years to build, operate and maintain data centres....

As Harris and Trump Debated, Social Media Had Its Own War

US

While tens of millions of Americans tuned in to watch the debate between Republican Donald Trump and Democratic nominee Kamala Harris on their television screens on Tuesday, a secondary battle played out on social media's smaller screens....

Harris Honeymoon Fading in North Carolina

US

(The Center Square) – The honeymoon with voters in battleground North Carolina is fading, according to polling for Democratic presidential candidate Kamala Harris....

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