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Category: Economy

Business, Economy

The Fed will start winding down a program that saved the economy 

Updated 3:09 PM EDT, Thu June 03, 2021https://fave.api.cnn.io/v1/amp/?video=business/2021/04/12/fed-jerome-powell-economy-60- According to CNN Business,The Federal Reserve announced Wednesday that it will begin winding down a program that purchased tens of billions of dollars of corporate assets to shore up the economy during the pandemic. In a statement, the central bank said…

Economy

Regulation change should ease Uber, Lyft wait times 

By Katelyn NewbergLas Vegas Review-Journal16 hours ago Gov. Steve Sisolak on Friday reversed a previous regulation meant to prevent rideshare companies from raising prices during a state of emergency.https://4d59d9caa395a1a939b99674c719bc2f.safeframe.googlesyndication.com/safeframe/1-0-38/html/container.html?n=0 The previous regulation prohibited rideshare companies from increasing prices “above the base rate” during a state of…

Business, Economy

Nigeria Earned N496bn From Vat in 3 Months – – NBS 

By Francis Arinze Iloani The federal government’s Value Added Tax (VAT) collections rose to N496.39 billion in the first quarter of 2021 from the N454.69bn realised in the fourth quarter of 2020, according to the National Bureau of Statistics (NBS). The sectoral distribution of VAT…

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