New Infrastructure Bill Looks to Raise $30B Through Crypto Taxes

A bipartisan infrastructure bill in Congress proposes to raise $28 billion from crypto investors by applying new information reporting requirements to exchanges and other parties. According to a draft copy of the bill shared with CoinDesk, any broker that transfers any digital assets would need to file a return under a modified information reporting regime. … Read more

ADP Report: Private Sector Added 330k Jobs in July – Far Short of 653k Estimate

The 330,000 new positions is sharp deceleration from the 680,000 added in June and the lowest total since February. Leisure and hospitality led gains with 139,000 during a month in which goods-producing industries contributed just 12,000 jobs. Job creation at private companies tumbled in July as fears mounted over the spreading coronavirus delta variant, payroll … Read more

Frontier suspends crew for duct taping belligerently drunk passenger to his seat as they landed in Miami.

That moment when you start to sober up and realized you’re taped to a seat tens of thousands of feet in the air. https://twitter.com/SweeneyABC/status/1422537706173775875 Within hours of the largest flight attendant union demanding support for the suspended crew, Frontier is out with a new statement. Frontier says their first statement was rushed, but still will … Read more