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The so-called wealth tax is a politically divisive economic policy, but one that is regaining attention amid rising inequality and shifting demographics.
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The so-called wealth tax is a politically divisive economic policy, but one that is regaining attention amid rising inequality and shifting demographics.
British oil giant Shell on Thursday announced plans to moderate its near-term carbon emissions cuts, while maintaining its pledge to become a net-zero company by the middle of the century.
The European Central Bank must take its time to get interest rate cuts right and will have a clearer picture of inflationary pressures in June, the institution's chief economist told CNBC.
DETROIT — The buzz around electric vehicles is wearing off.
Palantir CEO Alex Karp skewered short sellers — investors who bet on the decline in a company's stock price — in an interview with CNBC on Wednesday.
The House of Representatives passed a bill meant to force ByteDance, the Chinese internet company, to sell TikTok within six months to a buyer that satisfies the U.S. government — or face a ban in the country. The vote was the latest development in a cold war between the U.S. and China over the control of valuable technology.
Elon Musk's SpaceX is preparing to launch its third Starship test flight as soon as Thursday morning after federal regulators signed off on the attempt.
Speculation is swirling that the Bank of Japan may move to exit the world's last negative rate policy as early as next week, when policymakers gather for their March meeting.