• Reuters

    Investors pull money from cash to pay tax bills, sell US stocks - BofA

    Cash equivalent funds saw a $160 billion tax-related outflow in the week to Wednesday, according to a Bank of America's weekly report that cites fund flows and asset allocation from data provider EPFR, while U.S. stocks suffered their second week of outflows. Tuesday was the U.S. Treasury's annual tax filing deadline. Investors remain concerned over lofty valuations as markets push back expectations for rate cuts from the Federal Reserve to later in the year.

  • Reuters

    Amazon could soon be forced to recognise UK's GMB union

    U.S. technology and retail giant Amazon could soon be required to formally recognise the GMB union at its Coventry warehouse in Britain, after a government body ruled in the union's favour. GMB said in a statement on Friday that Amazon workers at the site would now vote on union recognition, and if approved, it would be the first time outside the United States that Amazon was required to bargain with a union over pay, hours and holiday. Amazon has historically opposed unionisation, but in 2022, workers at one of its New York warehouses forced the company to recognise a trade union in the U.S. for the first time.

  • HuffPost

    Trump Keeps Trying To Court Black Voters. But Who’s Actually Buying This S**t?

    A Trump sneaker? A mug shot? The attempts by the Trump campaign to court Black voters have been laughable — until they were not.