How Global Population Growth Is Slowing

US To Tighten Rule Regarding Nonprofits Paying Excessive Executive Compensation Authored by Naveen Athrappully via The Epoch Times, The Internal Revenue Service (IRS) and the Department of the Treasury issued a notice on Friday, announcing their plan to issue proposed regulation concerning taxation on high compensation paid by tax-exempt organizations to employees. The notice relates to excessive compensation and excess parachute payments, the IRS said in a June 5 statement. Parachute payments are made to key employees when they are terminated or when the business undergoes a merger or acquisition. An excess...

Putin Again Tells Energy Giants To Use Iran War Windfall To Pay Off Bank Loans: 'Wise Decision' In yet more unintended blowback from Washington's Iran war gambit, now in its fourth week, President Vladimir Putin said Monday that Russian oil and gas companies must use windfall profits from the Iran war to reduce debt. It's been no secret that higher crude prices, amid the ongoing massive disruption to global energy supplies due to the Hormuz Strait effective closure, have been a boon to Russia as it continues to fund its war...

BofA Sees Customer Gas Spending Jump 16%, But Discretionary Spending Holds Up The national average for 87-octane gasoline has remained above the politically sensitive $4-a-gallon level for two straight weeks after the largest monthly jump in AAA data going back two decades. The fuel shock has Wall Street analysts focused on whether surging pump prices will begin crowding out discretionary spending. Bank of America CFO Alastair Borthwick told analysts on a conference call earlier today that the fuel shock at the pump has not undermined overall consumer strength so far, though...