Justin Trudeau’s government raises taxes on wealthiest Canadians in federal budget

OTTAWA, Ontario (AP) — Canadian Prime Minister Justin Trudeau’s government announced Tuesday it is imposing higher taxes on the wealthiest Canadians as part of the federal budget. The budget proposes to increase the capital gains inclusion rate, which refers to the taxable share of profit made on the sale of assets. The taxable portion of … Read more

seven jurors – and a warning for Trump

You’re reading Guardian US’s free Trump on Trial newsletter. To get the latest court developments delivered to your inbox, sign up here On the docket: Trump in trouble (and seven jurors) It only took one day for Donald Trump to land in hot water with judge Juan Merchan. Immediately after a potential juror exited the … Read more

Arson suspect arrested after fire destroyed four Palm Desert businesses identified

A 30-year-old woman was arrested and is facing charges for allegedly causing a fire in Palm Desert that destroyed four businesses Sunday morning. The businesses, including Papa Dan’s Pizza & Pasta, D’ Coffee Bouteaque, Reverse Mortgage Works and Miracle-Ear Hearing Aid Center, were part of a strip mall that was completely destroyed by the spreading … Read more

Heavy rains cause rare flooding in Dubai

Heavy rains battered parts of the Middle East on Tuesday, closing schools in the United Arab Emirates and flooding the tarmac at Dubai International Airport. In Oman, at least 18 people have died in recent days due to the severe weather. The storms swamped roadways and created dangerous conditions across the region, a normally arid … Read more

Dow Jones Futures Rise After Stocks Shrug Off Powell; Super Micro Flashes Buy Signal

Dow Jones futures rose slightly after hours, along with S&P 500 futures and Nasdaq futures. Chip-equipment giant ASML (ASML) reports before Wednesday’s open. X The ailing stock market rally had a relatively quiet Tuesday. The major indexes closed narrowly mixed. Fed chief Jerome Powell said Tuesday afternoon that recent data shows “a lack of further … Read more