Profit rate – Stormbirds http://stormbirds.net/ Sun, 10 Oct 2021 22:52:00 +0000 en-US hourly 1 https://wordpress.org/?v=5.8 http://stormbirds.net/wp-content/uploads/2021/07/icon-2021-07-05T151758.466-150x150.png Profit rate – Stormbirds http://stormbirds.net/ 32 32 Peak Health Alliance advocates with local stakeholders and hopes to come up with plans by 2023 http://stormbirds.net/peak-health-alliance-advocates-with-local-stakeholders-and-hopes-to-come-up-with-plans-by-2023/ Sun, 10 Oct 2021 22:52:00 +0000 http://stormbirds.net/peak-health-alliance-advocates-with-local-stakeholders-and-hopes-to-come-up-with-plans-by-2023/ Peak Health Alliance CEO Claire Brockbank explains how groups are working to reduce healthcare premiums during a meeting with community stakeholders on Thursday, October 7, 2021.Dylan Anderson / Steamboat Pilot and Today Peak Health Alliance presented its case to stakeholders in the Routt County community last Thursday, trying to convince them to support the group […]]]>

Peak Health Alliance CEO Claire Brockbank explains how groups are working to reduce healthcare premiums during a meeting with community stakeholders on Thursday, October 7, 2021.
Dylan Anderson / Steamboat Pilot and Today

Peak Health Alliance presented its case to stakeholders in the Routt County community last Thursday, trying to convince them to support the group as it tries to bring lower cost health insurance options to Yampa Valley .

Established in 2018 in Summit County, the Healthcare Purchasing Co-op is looking to expand to offer plans in partnership with a Routt County health insurance provider, in hopes of coming up with plans from from 2023.

But Peak needs to build community support first – the first step in its process which they say has shown promising results in seven other Colorado counties all of which saw rate cuts in 2021, with some reaching 38%. . One is near Grand County, which first offered Peak-sponsored plans this year and saw premium savings estimated at $ 200 on some plans offered in the home market.



“We are here because health care is too expensive in Routt County,” said Commissioner Beth Melton. “This is something that many of us have had in mind for many years, and Peak’s model really presents a unique opportunity.”

Thursday’s meeting included local human resource managers, representatives from local healthcare providers and some government officials and aimed to explain how Peak works and what needs to happen in order for it to successfully enter the local market.



Peak’s model gathers claims data, then works to renegotiate fee schedules with vendors and hospitals, then pass those lower costs over to insurance companies to create a Peak-sponsored plan with premiums. lower.

Buying from local suppliers is a crucial part of Peak’s ability to reduce premiums.

Despite promising results elsewhere, Peak has not always been successful in coming up with plans, mainly because some local hospitals have not subscribed to them. An effort in Garfield County ultimately failed earlier this year when local hospitals stopped contacting officials who worked with Peak.

After Peak CEO Claire Brockbank gave an hour-long presentation to the group, the self-proclaimed elephant in the room took the floor to share his concerns.

“As Claire said, part of the process is dancing around the elephant, and I am the elephant,” said Soniya Fidler, president of UCHealth Yampa Valley Medical Center.

Fidler said she likes to say that health care is the only service someone receives without knowing how much it’s going to cost up front. But she says she added to that remark because healthcare is the only service a business provides without knowing how much it will also be paid for it, if at all.

The hospital has taken many steps to cut costs locally, Fidler said. She mentioned a joint venture that opened an outpatient surgery center and the opening of an emergency care center, two less expensive forms of care.

Fidler said the community is fortunate to have the level of services they offer locally and that the services they offer that are cost effective allow them to offer a wider range, including some that are often not found. not in rural areas.

“My concern that I shared with Claire is exactly that. What does this negotiation bring and will I be able to maintain and maintain a profit margin that allows us to do these things? Fidler said, focusing on the costs of paying competitive salaries to staff and keeping up with equipment and capital upgrades.

When Peak started in Summit County, the hospital was billing about 850% of the Medicare rate, Brockbank said – much higher than YVMC. Fidler said the hospital rates are between 190% and 290% of the Medicare rate, a common but flawed measure used to compare the costs of care between providers.

“Yes, I totally agree that we need more options when it comes to more affordable insurance premiums. We absolutely must continue to work on reducing the costs of care, but without compromising the quality of care, ”said Fidler.

Brockbank said Fidler has been very open and receptive so far, which she called the “ideal scenario”.

“Your hospital’s percentage of Medicare has gone down, and that’s a real testament to a lot of work,” Brockbank said. “In fact, when we first looked at this data, I expected to see a steeper downward trend in premiums.”

Brockbank said she had not seen a reduction in premiums she expected to see based on some of the rates charged by the hospital, but it is still early in the process. While hospitals have been a hindrance in the past, Brockbank said they also had a really collaborative process with some hospitals that ended up drastically reducing premiums.

There could be a lot of care leaving the county for more expensive providers, Brockbank said, but it’s too early to know now.

Melton said the county has pledged to pay around $ 25,000 to $ 35,000 for an actuarial analysis that Peak will produce on local costs. If the process moved to the next phase, Peak would get around an additional $ 25,000 for its work, although there is no clear source of funding for it yet.

For the remainder of the year, Peak will focus on data collection and discussions with the hospital. In early 2022, stakeholders will need to decide whether or not to continue marketing a plan for early 2023. Before the end of the year, Brockbank has announced plans to form a steering committee and group. Advisory from suppliers who will help decide whether to take that next step.

“I’m not as worried about what’s going on here with the hospital as I was when we started at Summit,” Brockbank said. “Still, something is happening. There is a lag because you have very high premiums. I need to determine if there is anything we can do to resolve this issue.


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How a global deal slows down the use of tax havens by businesses http://stormbirds.net/how-a-global-deal-slows-down-the-use-of-tax-havens-by-businesses/ Sat, 09 Oct 2021 15:15:00 +0000 http://stormbirds.net/how-a-global-deal-slows-down-the-use-of-tax-havens-by-businesses/ More than 130 countries have reached agreement on sweeping changes in the way large global corporations are taxed. The goal: to deter multinational companies from hiding their profits in countries where they pay little or no tax, better known as tax havens. The comprehensive agreement was reached Friday between 136 countries after talks overseen by […]]]>

More than 130 countries have reached agreement on sweeping changes in the way large global corporations are taxed.

The goal: to deter multinational companies from hiding their profits in countries where they pay little or no tax, better known as tax havens.

The comprehensive agreement was reached Friday between 136 countries after talks overseen by the Organization for Economic Co-operation and Development. It would update a century of international tax rules to cope with the changes brought about by digitization and globalization.

The most important feature: a global minimum tax of at least 15%, a key initiative pushed by US President Joe Biden and Treasury Secretary Janet Yellen.

Yellen said the minimum tax would end a decades-long “race to the bottom” that has seen corporate tax rates fall as tax havens seek to attract companies that profit from low rates – but do little real business in these places.

Here is an overview of the main aspects of the agreement:

WHAT PROBLEM DOES IT ANSWER?
In today’s economy, multinationals are increasingly likely to profit from intangible assets such as brands and intellectual property. These can be easy to move, and global companies can direct the profits they generate to a subsidiary in a country with very low tax rates.

Some countries compete for income by using the lowest tax rates to attract businesses, attracting huge tax bases that generate significant income even when tax rates slightly above zero are applied.

Between 1985 and 2018, the overall average rate for businesses rose from 49% to 24%. In 2016, more than half of all U.S. corporate profits went to seven tax havens: Bermuda, Cayman Islands, Ireland, Luxembourg, the Netherlands, Singapore and Switzerland. It costs the US Treasury $ 100 billion a year according to one estimate.

HOW WOULD A GLOBAL TAX MINIMUM WORK?
The basic idea is simple: countries would legislate a minimum global corporate tax rate of at least 15% for very large companies, those with annual turnover exceeding 750 billion euros (864 billion euros). of dollars).

Then, if companies have untaxed or lightly taxed profits in one of the world’s tax havens, their home country would impose an additional tax that would raise the rate to 15%.

This would make it unnecessary for a business to use tax havens, since the taxes avoided in the paradise would be collected at home. For the same reason, this means that the minimum rate would still come into effect even if individual tax havens do not participate.

HOW WILL THE TAX PLAN ADDRESS THE DIGITAL ECONOMY?
The plan would also allow countries to tax a portion of the income of some 100 largest multinationals when they do business in places where they have no physical presence. It could be through internet retailing or advertising. The tax would only apply to a portion of the profits exceeding a profit margin of 10%.

In return, other countries would abolish their unilateral taxes on digital services on US tech giants such as Google GOOG,
+ 0.63%

GOOGL,
+ 0.40%,
Facebook FB,
+ 0.25%
and Amazon AMZN,
-0.42%.
This would avoid trade disputes with Washington, which argues that these taxes unfairly target U.S. businesses and has threatened to strike back with new tariffs.

DOES EVERYBODY LOVE BUSINESS?
Some developing countries and advocacy groups like Oxfam and the UK-based Tax Justice Network believe the 15% rate is too low and leaves far too much potential tax revenue on the table. And while the global minimum would generate some $ 150 billion in new revenue for governments, most of it would go to rich countries, because that’s where many of the biggest multinationals are located.

A minimum of 20-30% was recommended by the UN High Level Panel on International Financial Accountability, Transparency and Integrity. In a report released earlier this year, the panel said that a rate that is too low may cause countries to lower their rates to stay competitive.

The countries that participated in the talks but did not sign the agreement were Kenya, Nigeria, Pakistan and Sri Lanka.

WHAT IS THE ROLE OF THE UNITED STATES IN THE AGREEMENT?
Biden’s tax agenda is stuck in negotiations between Democratic lawmakers as the extent of his spending and proposed rate hikes are still under debate. But the administration has claimed a demand, saying it must extend the U.S. global minimum tax in order to convince other nations to do so.

Biden has withdrawn somewhat from his initial proposals as Congress has made its contribution. The latest plan from the House Ways and Means Committee would raise the global minimum tax to around 16.5%, from 10.5%. The president initially wanted 21% as the US global minimum rate. The income of national companies would be taxed at 26.5%, compared to 21% currently.

The participation of the United States in the minimum tax agreement is crucial, simply because so many multinationals are headquartered there. The complete rejection of Biden’s overall minimum proposal would seriously undermine the international agreement.

Manal Corwin, tax director at professional services firm KPMG and a former Treasury Department official in the Obama administration, said removing unilateral digital taxes, or DSTs, would provide “a very strong incentive” for state involvement. -United. Indeed, the deal would avoid a destructive trade dispute that could spread to independent companies in other sectors of the economy.

“When you get into back-and-forth threats of tariffs, tariffs are not necessarily imposed on companies that are in the crosshairs of the issue under debate,” she said. “Maybe it will be DST today and tomorrow it will be another unilateral step.” She said international taxation needs stability and consensus “to encourage investment and growth…. (L) the unraveling of the global consensus, if it starts with DST, can spread to other things.

HOW WILL THE AGREEMENT TAKE EFFECT?
The deal will go to the leaders of the Group of 20. A deal is likely as the 20 members signed the deal on Friday. Implementation then passes to individual countries.

Income tax when companies do not have a physical presence would require countries to sign an intergovernmental agreement in the year 2022, with implementation in 2023.

The overall minimum could be applied by each country using model rules developed by the OECD. If the United States and European countries where most multinationals are headquartered legislate such minimums, it would have the desired effect.


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Despite being caught in the crossfire, Indian markets are encouraging investors http://stormbirds.net/despite-being-caught-in-the-crossfire-indian-markets-are-encouraging-investors/ Fri, 08 Oct 2021 12:10:46 +0000 http://stormbirds.net/despite-being-caught-in-the-crossfire-indian-markets-are-encouraging-investors/ Markets around the world have had an exciting week due to the underlying influence of commodities. Since last year, commodities have experienced a cocktail of price fluctuations. What started in April 2020 with the price of WTI oil turning negative for the first time in history has now swung 180 degrees, with oil prices reaching […]]]>

Markets around the world have had an exciting week due to the underlying influence of commodities. Since last year, commodities have experienced a cocktail of price fluctuations. What started in April 2020 with the price of WTI oil turning negative for the first time in history has now swung 180 degrees, with oil prices reaching their highest level since November 2014 after OPEC + chose to stick to its production plans.

Natural gas has skyrocketed, as has coal to record highs as the country faced shortages. These factors led to an energy crisis that set off a chain reaction. Metals, especially steel, which have already risen, could see a further increase due to rising energy costs. The costs of cotton, sugar and coffee were pushed up by bad weather and shipping bottlenecks. The Bloomberg Commodity Index, in fact, hit an all-time high this week.

Due to the current crisis of unchecked supply and demand, soaring commodity prices are stifling growth and squeezing corporate profit margins. And the only way out for now is to pass the increased input costs on to the end user. Commodity-oriented industries such as auto, cement and paint manufacturers have already taken the first step. Additionally, the price of LPG cooking gas was hiked by Rs. 15 per cylinder on Wednesday, while gasoline and diesel costs rose to record retail rates. And this model is also expected to continue in the future, which might not be good for the end consumer.

While rising commodity prices benefit a few, their volatility and spillover effects are certainly a concern for many as markets suffer. Investors are on the alert as the supply-demand imbalance deepens, fearing inflationary pressures will stifle the recovery. This is causing concern, as policymakers may be forced to consider rate hikes earlier than expected to counter rising inflation. When evaluating companies for investment, investors should consider these factors.

Event of the week

The RBI MPC mirrored the tone of the FOMC to keep its benchmark policy rate intact. The dovish position on reverse repo rates is maintained for the eighth consecutive time, which also bolstered the previous two inflation figures which were below the upper bound of 6% and led RBI to lower its forecast for inflation for FY22 from 5.7% earlier to 5.3% now. However, this time around, the committee’s approach appeared like a manual, with cash management as the first checkbox on their agenda, followed by an increase in reverse repurchase agreements. Going forward, if the Fed’s tone in November is as expected, December could be the time when the RBI begins to close the gap between reverse repo and reverse repo rates.

Technical perspectives

After increased volatility seen last week, the Nifty50 index closed positively for the week. The index managed to bounce back to support around 17450 levels after making a doji candle. Although Nifty is still trading overbought, it has not seen a significant correction. Even the major global indices have started to find support after a slight correction in prices and weather. The S&P 500 Index over the past month has corrected almost up to 6% and now finds support around 4270. Traders are advised to maintain a bullish bias going forward, but should remain vigilant for any break in the newly established support in global indices. Any breakage can also trigger weakness in Nifty. Support and resistance are now placed at 17500 and 18050.

The expectations of the week

The FY22 second quarter earnings season is expected to begin next week, and large-cap IT companies will release their results first. IT stocks in India have seen a strong uptrend over the past two weeks, driven by expectations of increased transactions and strong hiring that could continue the growth momentum. In addition, the depreciation of the rupee also helped keep IT stocks in the green. But macroeconomic data on September CPI inflation, manufacturing and industrial production could drive the index’s price for most of the week as markets continue to consolidate in their narrow range. Nifty50 closed the week at 17,895.2 up 2.07%.

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Global LED Bulbs Market Overview to 2026 http://stormbirds.net/global-led-bulbs-market-overview-to-2026/ Thu, 07 Oct 2021 11:38:30 +0000 http://stormbirds.net/global-led-bulbs-market-overview-to-2026/ Dublin, Oct 07, 2021 (GLOBE NEWSWIRE) – The report “LED Bulbs Market: Global Industry Trends, Share, Size, Growth, Opportunities and Forecast 2021-2026” has been added to ResearchAndMarkets.com offer. The global LED bulb market reached a value of $ 6.7 billion in 2020. LED (Light Emitting Diode) bulb refers to an electric lamp made up of […]]]>

Dublin, Oct 07, 2021 (GLOBE NEWSWIRE) – The report “LED Bulbs Market: Global Industry Trends, Share, Size, Growth, Opportunities and Forecast 2021-2026” has been added to ResearchAndMarkets.com offer.

The global LED bulb market reached a value of $ 6.7 billion in 2020. LED (Light Emitting Diode) bulb refers to an electric lamp made up of many groups of LEDs mounted on a base. Unlike conventional light sources, such as incandescent and fluorescent lamps, LED bulbs are associated with countless advantages, including compact size, longer lifespan, lower power consumption and production of energy. less heat. In addition, these bulbs are available in different watts, colors, shapes and dimmable controls. For this reason, LED bulbs are commonly used in industrial, commercial and residential sectors around the world. Looking ahead, the publisher expects the global LED bulb market to show strong growth over the next five years.

Global LED Bulbs Market Drivers:

Currently, energy consumption has seen an increase across the world. The high rate of electricity consumption can be attributed to an increase in the world’s population, large electricity subsidies by several countries, and limited attempts to rationalize consumption. However, the increasing consumption of electricity has not been complemented by adequate electricity production, leading to an energy crisis. Because of this, there is a great demand for energy efficient products such as LED bulbs.

  • Manufacturers undertake unique marketing initiatives through various advertising mediums such as newspaper, television, etc. in order to expand their customer base. In addition to this, the constant encouragement from the government and other regulatory bodies, coupled with increasing awareness of the people about the products, are expected to drive the market growth.
  • In recent years, there has been a growing tendency to promote environmental protection and energy conservation. For example, governments in some markets, such as China, India, etc., have encouraged the use of LED lights in their respective countries. As a result, LED bulbs have become one of the leading energy efficient lighting solutions that is expected to drive the market forward in the years to come.
  • LED bulbs are widely used in automotive, general lighting, mobile devices, signage and signage, healthcare, forensics, street lighting, and academia. Due to rapid urbanization and industrialization in developing countries, we expect the demand for LED bulbs to increase in the long term in various end-use industries.

Breakdown by application:

Based on the application, the market is separated into renovation, retail and hospitality, exterior, office, architectural, residential and industrial. Of these, retrofitting represents the largest application of LED bulbs as it quickly replaces conventional lighting systems.

Regional insights:

Geographically, India occupies a leading position in the global LED bulb market. This is due to an increase in the local manufacture of LED products in the country. India is followed by China, Europe, the United States, Japan, Brazil, Russia, and others.

Competitive landscape:

The LED bulb market is concentrated in nature with the presence of a few manufacturers who represent the majority of the market share. There is fierce competition in the market as these manufacturers dominate the market, in turn, keeping tight control over the prices of LED bulbs. Some of the major players operating in the market are:

  • Nichia
  • Osram
  • Samsung Electronics
  • Everlight electronics

This report provides an in-depth overview of the Global LED Bulbs Market covering all its essential aspects. It ranges from macro market overview to micro details of industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, ‘value chain analysis, etc. The report also provides complete analysis for setting up LED Bulbs Manufacturing Factory. The study analyzes processing and manufacturing requirements, project cost, project financing, project economics, expected returns on investment, profit margins, etc. This report is must-read for entrepreneurs, investors, researchers, consultants, business strategists, and anyone with any interest in or planning to make a foray into the LED bulb industry in any way.

Key questions addressed in this report:

  • How has the global LED lighting market performed so far and how will it perform in the years to come?
  • How has the global LED bulb market performed so far and how will it perform in the years to come?
  • What has been the impact of COVID-19 on the global LED lighting industry?
  • What are the major regional markets in the global LED lighting industry?
  • What are the main application segments in the global LED lighting industry?
  • What are the different stages in the global LED lighting industry value chain?
  • What are the major factors and driving challenges for the global LED lighting industry?
  • What is the structure of the global LED bulb industry and who are the major players?
  • How competitive is the global LED bulb industry?
  • What are the profit margins in the global LED bulb industry?
  • What are the key requirements for setting up an LED bulb manufacturing plant?
  • How are LED bulbs made?
  • What are the different unit operations involved in an LED bulb manufacturing plant?
  • What is the total area of ​​the land required for the establishment of an LED bulb manufacturing plant?
  • What are the machinery requirements for setting up an LED bulb manufacturing plant?
  • What are the raw material requirements for setting up an LED bulb manufacturing plant?
  • What are the packaging requirements for the LED bulb?
  • What are the transport requirements for the LED bulb?
  • What are the utility requirements for setting up an LED bulb manufacturing plant?
  • What are the labor requirements for setting up an LED bulb manufacturing plant?
  • What are the infrastructure costs for setting up an LED bulb manufacturing plant?
  • What are the investment costs for setting up an LED bulb manufacturing plant?
  • What are the operating costs for setting up an LED bulb manufacturing plant?
  • What will be the income and expenses of an LED bulb manufacturing plant?
  • How long does it take to break even?

Main topics covered:

1 Preface

2 Scope and methodology

3 Executive summary

4 Presentation
4.1 Overview
4.2 Key Industry Trends

5 Global LED lighting industry
5.1 Market overview
5.2 Market performance
5.2.1 Volume trends
5.2.2 Value trends
5.3 Impact of COVID-19
5.4 LED Bulbs Market
5.5 Market breakdown by region
5.6 Market Split by Application
5.7 Market by LED products: LED lamps, modules and luminaires
5.7.1 Current and historical market trends
5.7.2 Market Forecast
5.8 Market forecast
5.9 SWOT analysis
5.9.1 Overview
5.9.2 Strengths
5.9.3 Weaknesses
5.9.4 Opportunities
5.9.5 Threats
5.10 Value chain analysis
5.10.1 Primary raw material suppliers
5.10.2 LED chip manufacturers
5.10.3 Manufacturers of LED assemblies and modules
5.10.4 Lighting products, electronic products and auto parts manufacturers
5.10.5 Product distribution
5.10.6 End users
5.11 Porter’s five forces analysis
5.11.1 Overview
5.11.2 Bargaining power of buyers
5.11.3 Bargaining power of suppliers
5.11.4 Degree of competition
5.11.5 Threat of new entrants
5.11.6 Threat of substitutes
5.12 Key success and risk factors for LED bulb manufacturers
5.13 Comparative analysis of CFLs and LEDs
5.14 Price analysis
5.14.1 Key price indicators
5.14.2 Price structure

6 Performance of key regions
6.1 India
6.1.1 Market trends
6.1.2 Market Forecast
6.2 China
6.2.1 Market trends
6.2.2 Market Forecast
6.3 Europe
6.3.1 Market trends
6.3.2 Market Forecast
6.4 United States
6.4.1 Market trends
6.4.2 Market Forecast
6.5 Japan
6.5.1 Market trends
6.5.2 Market Forecast
6.6 Brazil
6.6.1 Market trends
6.6.2 Market Forecast
6.7 Russia
6.7.1 Market trends
6.7.2 Market Forecast
6.8 Others
6.8.1 Market trends
6.8.2 Market Forecast

7 Market by Application
7.1 Renovation
7.1.1 Market trends
7.1.2 Market Forecast
7.2 Retail trade and hotels
7.2.1 Market trends
7.2.2 Market Forecast
7.3 Exterior
7.3.1 Market trends
7.3.2 Market Forecast
7.4 Offices
7.4.1 Market trends
7.4.2 Market Forecast
7.5 Architecture
7.5.1 Market trends
7.5.2 Market Forecast
7.6 Residential
7.6.1 Market trends
7.6.2 Market Forecast
7.7 Industrial
7.7.1 Market trends
7.7.2 Market Forecast

8 Competitive landscape
8.1 Market structure
8.2 Market breakdown by key players

9 LED bulb manufacturing process
9.1 Product overview and specifications
9.2 Main features and advantages
9.3 Key areas of application
9.3.1 Home
9.3.2 Offices
9.3.3 Hotel and restaurants
9.3.4 Exhibition halls and shopping centers
9.3.5 Hospitals
9.4 Popular shapes and sizes
9.4.1 LED bulb (Classic Globe)
9.4.2 LED bulb (Mini Globe)
9.4.3 LED Bulb (Spot Light)
9.4.4 LED bulb (flame tip)
9.4.5 LED bulb (Decorative light)
9.4.6 LED bulb (candle light)
9.5 Alternative design materials
9.5.1 Thermoplastic housing
9.5.2 Aluminum housing
9.5.3 Aluminum housing with plastic coating
9.6 Manufacturing process
9.7 Raw material requirements
9.8 Raw material images

10 Project details, requirements and costs involved
10.1 Land requirements and expenditures
10.2 Construction requirements and expenses
10.3 Plant machinery
10.4 Photos of machines
10.5 Raw material requirements and expenditure
10.6 Images of raw materials and finished products
10.7 Packaging requirements and expenses
10.8 Transportation needs and expenses
10.9 Public service needs and expenditures
10.10 Labor requirements and expenses
10.11 Other capital investments

11 Loans and financial assistance

12 Project economics
12.1 Project capital cost
12.2 Technical and economic parameters
12.3 Product prices and margins at various levels of the supply chain
12.4 Taxation and depreciation
12.5 Revenue projections
12.6 Expenditure projections
12.7 Financial analysis
12.8 Profit analysis

13 key player profiles

For more information on this report, visit https://www.researchandmarkets.com/r/m6r8h8

        


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Latest updates: Biden administration to spend $ 1 billion to boost rapid Covid testing http://stormbirds.net/latest-updates-biden-administration-to-spend-1-billion-to-boost-rapid-covid-testing/ Wed, 06 Oct 2021 20:47:56 +0000 http://stormbirds.net/latest-updates-biden-administration-to-spend-1-billion-to-boost-rapid-covid-testing/ US private sector hires increased the most in September in three months, fueled by the hospitality and entertainment industry as the spread of Covid-19 slowed. The US private sector payroll increased by 568,000 last month, according to a report by payroll processor ADP. It was the biggest increase since June and exceeded economists’ expectations for […]]]>

US private sector hires increased the most in September in three months, fueled by the hospitality and entertainment industry as the spread of Covid-19 slowed.

The US private sector payroll increased by 568,000 last month, according to a report by payroll processor ADP. It was the biggest increase since June and exceeded economists’ expectations for an increase of 428,000, according to a Reuters survey, and followed a downward revision of 340,000 jobs created in August.

The service sector, which has been hit hardest by pandemic lockdowns and has recovered in recent months thanks to vaccinations and business reopenings, created the most jobs with 466,000. hospitality accounted for 226,000 of these gains. Meanwhile, the manufacturing sector has created 102,000 jobs.

Job creation has also been led by large companies – those employing more than 500 workers – with 390,000 payrolls added last month.

Hiring cooled in the third quarter compared to the second, as coronavirus fears and childcare issues kept Americans from returning to work. “Current bottlenecks in hiring are expected to ease as health conditions related to the Covid-19 variant continue to improve, paving the way for solid job gains in the coming months. “said Nela Richardson, chief economist, ADP.

The data precedes Friday’s official report on non-farm wages, which is expected to show a pickup in hiring in September, with the US economy creating 473,000 jobs. The report is being closely watched as it could pave the way for the Federal Reserve to start scaling back its massive stimulus package in November.


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Why these student entrepreneurs decided to train young people and traders in stock trading http://stormbirds.net/why-these-student-entrepreneurs-decided-to-train-young-people-and-traders-in-stock-trading/ Tue, 05 Oct 2021 01:04:22 +0000 http://stormbirds.net/why-these-student-entrepreneurs-decided-to-train-young-people-and-traders-in-stock-trading/ Like all college students, Akash Jayan and Ritvik Vipin were looking for ways to increase their pocket money when they were studying at the Vellore Institute of Technology (VIT) in 2015. It was then that they came across stock trading as a way to make money. The duo stumbled across many YouTube strategies, but found […]]]>

Like all college students, Akash Jayan and Ritvik Vipin were looking for ways to increase their pocket money when they were studying at the Vellore Institute of Technology (VIT) in 2015. It was then that they came across stock trading as a way to make money.

The duo stumbled across many YouTube strategies, but found that none of them worked. And without the proper mentorship, they didn’t have the right knowledge of the market.

“We have learned this through trials and experiences. We started by investing Rs 3,000, but it came down to Rs 700. By the time we were in the fourth year of 2017-18, we are making Rs 1,000 per day. At that time, many of our friends also approached us and we started teaching them. We thought about creating a website to teach stock trading and started talking about it on Facebook groups. At first two people approached us to learn about stock trading and paid us 2,000 rupees. It was our eureka moment, ”Akash said Your story.

Founders of Havenspire – Akash and Ritvik

This led the duo to launch Havenspire in 2019 in Bengaluru.. “At Havenspire, we train lay people to become expert stock traders within nine weeks. One of the biggest problems with the Indian education system is that it does not promote financial literacy. At Havenspire, we help people build financial skills and manage their money well, ”says Akash.

The challenge was to manage the money in order to invest like they were students, and to convince their parents to let them pursue their interests and allow them to skip the internships on campus. Even though Akash was placed, he decided to stop and continue to Havenspire.

The COVID-19 outbreak

“During COVID-19, we helped many young people, students, professionals, housewives and even the elderly to become stock market experts and achieve financial independence. Trading as a subject is still considered taboo in India, where many people believe that only loose money should be invested in stock trading. We have undertaken a colossal task to raise awareness and change the mindset of people through masterclasses by talking about market analogies in layman’s terms, ”Akash explains.

The team currently has 30 members and seeks to grow exponentially. Once a learner enrolls in their masterclass program, they undergo systematic training based on the program.

The team trains traders on WhatsApp for three weeks on weekends overnight. They are encouraged to apply the strategies they learned during weekend classes while negotiating throughout the week. They also have several features and tools like Havenspire Live for live trading with mentors, Havenspire Academy of Trade, outage videos and live trading voice channels.

“They get a lifetime membership in our merchant community on the Discord server, which is unique to Havenspire. Learners can interact with expert traders they can ask for help while they trade. All of these features help members accelerate their journey to become successful traders, ”Akash explains.

Future operations and plans

Akash says they started Havenspire with a investment of Rs 10,000, and the company is currently primed. The team grew using their own profits and reached the first Rs 1 crore income mark during the first four months of operation.

“In one year of operation, we have crossed $ 0.6 million. Havenspire’s turnover has now reached Rs 4.5 crore, achieving 250% revenue growth in one year. We are in talks to grow at an exponential rate, ”Akash says.

The team generates income through enrollment in the masterclass program. These registrations come mainly from word of mouth and Instagram. The team uses social media to reach the target audience. The emphasis is on the student community.

The team charges Rs 30,000 per learner, which gives them access to several features, as well as training courses and access to our community of stock traders. Akash adds that the startup’s current operating profit margin is around 40%.

Although the team declined to share the business model, they added that it worked on creating a community learning experience and focused on hands-on learning.

“We now aim to dive deeper into the edtech industry and differentiate ourselves from other large edtech companies. In addition, we strive to expand our user base and help every Indian with financial literacy. At the same time, we plan to venture into the world of fintech as well, ”Akash says.

The market

India is now the sixth largest stock exchange, overtaking France, according to a PBS report. And there is a growing base of investors.

Currently, the startup operates in the same space as unicorns as Zerodha and To grow.

Startups like Birdfin, a fintech app that teaches kids about money management through gamification; FamPay, India’s first neobank for teens that allows parents to track their spending and savings; Finin, a neobank that provides AI-based information on spending and tracks savings; and Walrus, a payment app for teens, are creating big waves by delivering fintech solutions for children and young adults with their creative offerings.

“Each learner gets a lifetime membership in our community where thousands of stock traders meet and interact with each other, offering mutual guidance and support. In this way, each learner turns into a mentor over time. In India, few people are fortunate enough to find people with similar interests around them. By being part of our community, learners can interact with expert stock traders at any time, ”Akash explains.


YourStory’s flagship startup and leadership conference will be virtually back for its 13th edition from October 25-30, 2021. Sign up to receive updates on TechSparks or to express your interest in partnerships and speaker opportunities . here.

To learn more about TechSparks 2021, click on here.


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NAB Stock Price: When to Buy? http://stormbirds.net/nab-stock-price-when-to-buy-2/ Mon, 04 Oct 2021 03:11:49 +0000 http://stormbirds.net/nab-stock-price-when-to-buy-2/ Think about investing in National Australia Bank Ltd (ASX: NAB) or a competitor like Westpac Banking Corp (ASX: WBC)? With the NAB share price trading at $ 27.72 now is a great time to take a closer look. NAB is one of Australia’s four largest banks in terms of market capitalization, earnings and customers. In […]]]>

Think about investing in National Australia Bank Ltd (ASX: NAB) or a competitor like Westpac Banking Corp (ASX: WBC)? With the NAB share price trading at $ 27.72 now is a great time to take a closer look.

NAB is one of Australia’s four largest banks in terms of market capitalization, earnings and customers. In 2020, NAB was also one of Australia’s largest business lenders, but it also has residential lending business. NAB operates Ubank online only.

NAB Stock Price: When to Buy?

1. Evaluate management and workplace

For long-term investors looking to invest in large companies and own them for five, 10 or 20 years, at Rask we think it’s fair to say that a good work environment and a good culture of staff can lead to better retention of high quality staff and, in turn, the long-term financial success of a business.

One way for Australian investors to take a peek inside a company like National Australia Bank Ltd or Westpac Banking Corp is by using human resources / jobs websites such as To look for. Seek’s website includes corporate HR data, including things like employee reviews. According to the most recent data we pulled from the NAB, for example, the company’s overall workplace culture score of 3.2 / 5 was not as much as the industry average of 3.23.

2. Look at bank margins

ASX bank stocks like NAB need debt and good profit margins to make their business profitable. This means that a bank obtains money from term deposit holders and wholesale debt investors and lends that money to owners, businesses and investors. The difference between what a bank is pay to savers and what made of mortgage holders (for example) is the net interest margin or NIM. Remember: When it comes to NIMs, the wider the margin, the better.

If you plan to forecast profits from a bank like NAB or ANZ Banking Group (ASX: ANZ) Knowing how much money the bank lends and what it earns per dollar loaned to borrowers is crucial. This is why the NIM is arguably the most essential measure of NAB’s profitability. Among the major ASX bank stocks, we calculated that the average NIM was 1.92% while the National Australia Bank Ltd bank’s line of credit was 1.77%, noting that it generated a below average loan performance compared to its peer group. This can happen for many reasons, which are worth investigating.

The reason analysts study NIM so closely is that National Australia Bank Ltd earned 80% of its total income (akin to income) just by lending last year.

3. What is ROE?

Return on equity or simply “ROE” helps you compare a bank’s profit against its total equity, as shown on its balance sheet. The highest the ROE the best. The ROE of National Australia Bank Ltd over the last full year was 6.0%, which means that for every $ 100 of bank equity it generated $ 6.00 in annual profit . This was below the industry average of 7.46%.

4. The buffer against losses

For Australian banks, the CET1 ratio (aka “common equity tier one”) is essential. CET1 represents the bank’s capital cushion that can be used to protect it against financial collapse. According to our figures, National Australia Bank Ltd had a CET1 ratio of 11.4%. It was less than the industry average.

5. Rough valuation of NAB actions

A dividend discount or DDM model is one of the most effective ways to create an ASX bank stock prediction. To do a DDM, we need to come up with a forecast of the bank’s dividends going forward (i.e. the next full year dividend) and then apply a risk score. Suppose the NAB dividend payout increases at a constant rate every year in the future, somewhere between 2% and 3%. We will use multiple risk rates (between 6% and 11%) and then average the valuations.

According to this quick and simple DDM model, a valuation of NAB shares is $ 10.20. However, using an “adjusted” or expected dividend payment of $ 1.12 per share, which is the preferred measure because it uses expected dividends, the valuation rises to $ 19.03. The valuation compares to the current NAB stock price of $ 27.72. Since the company’s dividends are fully franked, we may make an additional adjustment and valuation based on a “gross” dividend payment. Using gross dividend payments, which account for postage credits, the valuation is estimated at $ 27.19.

This means that while the NAB stock price may look expensive using our simple DDM model, do not make a decision based on this article. Please go now and consider all of the risks and ideas that we have presented here, including the benefit of dividend growth and the strong impact of postage credits. Consider receiving our free investment report by email (keep reading).


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Democrats’ tax plans worry high-income business owners http://stormbirds.net/democrats-tax-plans-worry-high-income-business-owners/ Sun, 03 Oct 2021 09:30:00 +0000 http://stormbirds.net/democrats-tax-plans-worry-high-income-business-owners/ Larger closed businesses would face a series of overlapping tax increases under the Democratic proposals, which would increase burdens on high-income owners of partnerships and S corporations. The plan, detailed in September by the House Ways and Means Committee, aims to raise around $ 2 trillion over a decade to extend the social safety net […]]]>

Larger closed businesses would face a series of overlapping tax increases under the Democratic proposals, which would increase burdens on high-income owners of partnerships and S corporations.

The plan, detailed in September by the House Ways and Means Committee, aims to raise around $ 2 trillion over a decade to extend the social safety net and tackle climate change. The House plan differs from the Biden administration’s proposals and is likely to change again as lawmakers negotiate the size and details of their program.

Most family businesses would see little to no change in their tax bills under the proposal. But the owners of some larger, more profitable businesses are sounding the alarm bells.

“Dollar for dollar, this will reduce our ability to reinvest in the business and grow the business,” said John Frieling, president of Precision Components Group, based in York, Pa., Which manufactures components for the sub. -marines and aircraft carriers of the Navy.

John Frieling, president of Precision Components, says the proposed tax changes would reduce the company’s ability to reinvest.

Rep. Richard Neal (D., Mass.), Chairman of the House Ways and Means Committee, said last week he was just beginning to hear some of the concerns from business owners.

“There is some unease, for sure,” he said. “We are trying to address some of the concerns they raised and, if they are legitimate, we would obviously be interested in fixing them.”

President Biden said his proposals were not designed to punish anyone. “I am a capitalist,” he said in a speech in mid-September after House Democrats released their plan. “If you can make a million or a billion dollars, that’s great. God bless you. All I’m asking is that you pay your fair share.

This is a series of proposed changes that could affect some owners of limited liability companies, sole proprietorships and other so-called “pass-through” businesses. These companies do not pay taxes themselves; their profits “pass” to the owners and are taxed on their individual returns. In contrast, traditional C companies such as Apple Inc.

face a corporation tax. Their taxable shareholders then pay a second tranche of tax on dividends or capital gains.

Ninety-six percent of businesses are organized as intermediaries, according to an analysis of 2018 tax returns by the Joint Committee on Taxation.

A key change in the Democratic plan would limit the 20% deduction claimed by most transfers to $ 500,000 for joint filers, meaning the benefit would no longer be available on business income above 2.5 million dollars per household. Congress created the deduction in the 2017 tax law to give transfers a rate reduction equivalent to what businesses were getting.

Precision Components, based in York, Pa., Which manufactures components for submarines and aircraft carriers, is organized as a limited liability company.

The bill would also create a new surtax for high income earners, adding a 3% levy on income over $ 5 million. In addition, it would extend a 3.8% surtax on net investment income to married taxpayers who earn over $ 500,000 (and people over $ 400,000) who do not pay labor tax. Moreover. This tax currently only applies to taxpayers receiving investment income and not to those who actively participate in the business. The top marginal tax rate would also drop to 39.6% from 37%.

“You read all of the individual pieces and none of them seem so intimidating on their own, but then you start stacking them up,” said Eric Wenger, partner at RKL LLP of Lancaster, PA. The top marginal tax rate for owners of midsize companies could rise from 29.6% to 46.4%, an increase of almost 17 percentage points, he said. State taxes would be added to this.

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“People [earning] less than $ 400,000 will see little, if any, direct tax impact, ”added Wenger. Business owners who earn millions of dollars from their transit businesses, by contrast, “need to be on high alert.”

Most of the bridging businesses are small, although much of the money the bridges earn goes to higher income households. Intermediaries include large legal and accounting firms, medical practices, investment funds, manufacturers, and some global family businesses.

According to estimates from the Penn Wharton Budget Model at the University of Pennsylvania, nearly 96% of the 24.4 million tax returns filed by partnerships, S bodies, and individual owners reported adjusted gross income less than $ 500,000. Fewer than 100,000 taxfilers with transmitted income reported adjusted gross income of $ 2.5 million or more.

Precision Components spends approximately $ 3 million per year on capital investments.

According to the Tax Policy Center, about half of the profits from the passed deduction go to households in the richest 1% of the income distribution.

Business owners with incomes of $ 5 million or more could face the biggest tax increases, tax experts say.

Precision, the defense contractor based in York, Pa., Is organized as a limited liability company. It has around 430 employees and around $ 90 million in revenue, and spends around $ 3 million a year on capital investments, Mr. Frieling said. The company is weighing a 25,000-square-foot expansion with two 75-ton cranes and an estimated cost of $ 15 million to better support the Navy’s construction schedule.

The Democrats’ plan to fund President Biden’s $ 3.5 trillion Build Back Better initiative will need to strike the right balance to appeal to the progressives without alienating the moderates. WSJ’s Gerald F. Seib chats with tax policy reporter Richard Rubin. Photographic illustration: Todd Johnson

“The proposed tax increase reduces our cash flow which was intended in part to support this effort,” said Frieling. Precision distributes to its owners to cover taxes, he added.

The potential tax impact could be even greater for Breakthru Beverage Group, a liquor distributor with annual sales of $ 6 billion. The New York-based company, which employs around 7,000 people, distributes enough money to its owners each year to cover their business-related tax costs and sometimes makes additional profit distributions.

The more it pays these taxes, the less the company has on capital spending and other initiatives, said Jacob Onufrychuk, director of strategy and business development at Breakthru, created by the merger of two family-owned wholesalers.

Defense contractor Precision Components has approximately 430 employees.

The House tax plan would also reduce the tax rate for corporations earning up to $ 400,000 to 18% from 21%, while increasing the top corporate tax rate to 26.5%.

The gap between corporate tax rates and corporate tax rates could make it harder for companies to transfer competition for truck drivers and warehouse workers against companies such as Amazon.com Inc.

who face corporate tax but don’t pay dividends, said Richard Davis, executive vice president of government affairs at Republic National Distributing Co., an alcohol wholesaler that employs about 13,000 people.

The difference between the maximum pass-through rate and the C-body might cause some private companies to switch to operating as a C-company.

“We have a lot of calls from clients who have asked us to start calculating the numbers,” said Matt Talcoff, national industry tax manager for RSM US LLP, a tax, accounting and consulting firm.

Whether or not a company makes the change could depend on the form of the final tax legislation, the amount of dividend payments, state tax implications, and when the owners plan to sell.

Precision Components is weighing an extension of 25,000 square feet to better support the Navy’s construction schedule.

“When you go from an S corporation to a C corporation, you have to pay certain taxes,” said Richard Witwer, owner of Direct Wire & Cable, a manufacturer of electrical wire and cable in Denver, Pa., With a figure of. business of about $ 100 million. and about 120 employees.

Also, it’s easier to switch to a C company than it is to go back. Businesses moving from an S corporation to a C corporation typically have to wait five years before choosing to revert to an S corporation.

“The biggest problem for me is that they could always just raise the corporate tax rate,” said Marvin Kirsner, tax lawyer in Fort Lauderdale, Florida.

The $ 3.5 trillion budget bill

Write to Ruth Simon at ruth.simon@wsj.com and Richard Rubin at richard.rubin@wsj.com

Copyright © 2021 Dow Jones & Company, Inc. All rights reserved. 87990cbe856818d5eddac44c7b1cdeb8


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Wide gap and high returns support the NASDAQ valuation: INMD of InMode Ltd. http://stormbirds.net/wide-gap-and-high-returns-support-the-nasdaq-valuation-inmd-of-inmode-ltd/ Sat, 02 Oct 2021 14:10:46 +0000 http://stormbirds.net/wide-gap-and-high-returns-support-the-nasdaq-valuation-inmd-of-inmode-ltd/ This article first appeared on Simply Wall St News. InMode (NASDAQ: INMD) is having a breakthrough year. After a parabolic acceleration, the market begins to question its valuation. Yet the company continues to innovate and create value without even going into debt. See our latest review for InMode. After a big ramp-up, InMode opted for […]]]>

This article first appeared on Simply Wall St News.

InMode (NASDAQ: INMD) is having a breakthrough year. After a parabolic acceleration, the market begins to question its valuation. Yet the company continues to innovate and create value without even going into debt.

See our latest review for InMode.

After a big ramp-up, InMode opted for a 2: 1 stock split. While not a necessity in the days of fractional ownership, stock splits are still seen as bullish signs. From the announcement, stocks jumped 2% pre-market.

Meanwhile, the company launched EvolveX – a body contouring system. Chief physician Spero Theodorou called it a revolutionary non-invasive body contouring system, praising the ability to adjust procedures for each patient in real time. InMode is successful because it hit gold halfway. Find the demographic that wants results comparable to plastic surgery, but without the full surgical procedure.

According to Grand View Research, the market for non-invasive cosmetic treatments is expected to grow at a compound annual growth rate of 13.9% from 2021 to 2028.

<span> <span>  Size of the non-invasive cosmetic treatment market in the United States Source: GrandViewResearch </span> </span>“src =” “data-src =” https://s.yimg.com/ny/api/res/1.2/x7mOwfBhTA3cXMMVKYGSZw–/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTQ5Nw–/https/us.yimg.com/ res / 1.2 / g7kz9gYmXM7R0A9T91l1oA– ~ B / aD00MDA7dz03NzM7YXBwaWQ9eXRhY2h5b24- / https: //media.zenfs.com/en/simply_wall_st__316/1106d555d1019f6f10ad /<noscript><img alt= Size of the non-invasive cosmetic treatment market in the United States Source: GrandViewResearch “src =” https://s.yimg.com/ny/api/res/1.2/x7mOwfBhTA3cXMMVKYGSZw–/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTQ5Nw–/https://s.yimg.com/ulu/g9TXk91/z7ToMXk91 / Res – ~ B / aD00MDA7dz03NzM7YXBwaWQ9eXRhY2h5b24- / https: //media.zenfs.com/en/simply_wall_st__316/1106d555b39f6f10ad10196ea794d2a5 “class =” caas-img “/>

Size of the non-invasive cosmetic treatment market in the United States Source: GrandViewResearch

Profitability review

ROE or return on equity is a valuable tool to assess how effectively a company can generate the returns on investment it receives from its shareholders. In other words, it is a profitability ratio that measures the rate of return on capital contributed by the shareholders of the company.

How is the ROE calculated?

The formula for ROE is:

Return on equity = Net income (from continuing operations) ÷ Equity

So, based on the above formula, the ROE for InMode is:

39% = US $ 128 million ÷ US $ 331 million (based on the last twelve months to June 2021).

The “return” is the profit of the last twelve months. This means that for every dollar in shareholders’ equity, the company generated $ 0.39 in profit.

What is the relationship between ROE and profit growth?

So far, we’ve learned that ROE measures how efficiently a business generates profits. Based on the portion of its profits that the company chooses to reinvest or “keep”, we can assess a company’s future ability to generate profits.

Assuming everything else remains the same, the higher the ROE and profit retention, the higher the growth rate of the business compared to businesses that don’t necessarily have these characteristics.

InMode profit growth and 39% ROE

For starters, InMode has a pretty high ROE, which is interesting. Second, a comparison with the industry-reported average ROE of 11% also does not go unnoticed.

So the substantial 55% net income growth seen by InMode over the past five years is not too surprising.

We then compared InMode’s net income growth with the industry, and we are delighted to see that the company’s growth figure is higher than that of the industry, which has a growth rate of 14%. during the same period.

past profit growth

Profit growth is an important metric to consider when valuing a stock. The investor should try to establish whether the expected growth or decline in earnings is taken into account, whatever the case may be. This then helps them determine whether the stock is set for a bright or dark future. If you’re wondering about InMode’s valuation, check out this gauge of its price / earnings ratio, relative to its industry.

Is InMode using its profits effectively?

InMode does not pay any dividends to its shareholders, which means the company has reinvested all of its profits back into the business. This is probably what explains the high number of profit growth discussed above.

Conclusion

InMode currently exhibits many traits of a high quality business:

  • High increase

  • High margins

  • Impeccable balance sheet

  • High insider ownership

In particular, it’s great to see the company investing heavily in their business, with a high rate of return.

While no company can dominate the market forever, as competitors end up driving down margins, InMode has patents and a highly skilled management team to maintain pole position in this market.

Still, the company’s earnings growth is expected to slow, as the current analyst predicts. Are the expectations of these analysts based on general industry expectations or on company fundamentals? Click here to go to our business analyst forecasts page.

Simply Wall St analyst Stjepan Kalinic and Simply Wall St do not have positions in any of the companies mentioned. This article is general in nature. We provide commentary based on historical data and analyst forecasts using only unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell shares and does not take into account your goals or your financial situation. Our aim is to bring you long-term, targeted analysis based on fundamental data. Note that our analysis may not take into account the latest announcements from price sensitive companies or qualitative documents.

Do you have any feedback on this item? Are you worried about the content? Contact us directly. You can also send an email to Editorial-team@simplywallst.com


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Prospects for earnings and jobs add to the chill in the air http://stormbirds.net/prospects-for-earnings-and-jobs-add-to-the-chill-in-the-air/ Fri, 01 Oct 2021 23:53:00 +0000 http://stormbirds.net/prospects-for-earnings-and-jobs-add-to-the-chill-in-the-air/ Text size President Joe Biden and House Speaker Nancy Pelosi are working to forge an agreement between Democrats on spending plans for the administration, currently before Congress. Mandel Ngan / AFP / Getty Images “Oh, the days shrink to a precious few, September, November,” the song said, omitting October because it wasn’t rhyming. But that […]]]>

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