How Malta Became a Tax Haven for Crocs and Other U.S. Companies
The Mediterranean archipelago is a hot destination for U.S. companies seeking to shield profits from income taxes.
U.S. Trade Deficit Dips in June Along With ‘World Cup Effect’
Imports and exports both declined, retreating from a busy month in May, data from the Commerce Department showed.
A Currency Trader at Heart, Bessent Bets on Japan’s Yen
Coordinated intervention allowed Japan to support its currency without selling off its U.S. debt holdings.
What Are Companies Getting for All That A.I. Spending?
A new field of “tokenomics” has emerged to measure the return on all the money companies are pouring into artificial intelligence.
Inflation Worries Prompted Fed Officials to Dissent on Holding Rates Steady
Internal divisions over whether to raise interest rates intensified at Kevin Warsh’s second meeting as chairman of the Federal Reserve.