{"id":9186,"date":"2023-07-03T19:41:09","date_gmt":"2023-07-04T00:41:09","guid":{"rendered":"https:\/\/lepperaccounting.com\/?p=9186"},"modified":"2023-07-03T20:15:40","modified_gmt":"2023-07-04T01:15:40","slug":"business-update-5-july-2023","status":"publish","type":"post","link":"https:\/\/lepperaccounting.com\/business-update-5-july-2023\/","title":{"rendered":"Business Update \u2013 5 July 2023"},"content":{"rendered":"

Welcome to our Weekly Digest – stay in the know with some recent news updates relevant to business and the economy.<\/span><\/p>\n

Federal Reserve Board releases results of annual bank stress test<\/b><\/h2>\n

The Federal Reserve Board on Wednesday released the results of its<\/span> annual bank stress test<\/span><\/a>, which demonstrates that large banks are well positioned to weather a severe recession and continue to lend to households and businesses even during a severe recession.<\/span><\/p>\n

United gives 30,000 frequent flyer miles to travelers hit by flight delays, CEO says schedule cuts needed<\/b><\/h2>\n

United Airlines is offering<\/span> 30,000 frequent flyer miles to customers affected by flight disruptions<\/span><\/a>. The airline had outsize flight delays over the past week that kicked off with bad weather.<\/span>
\n<\/span>Read More<\/span><\/a><\/p>\n

West Coast port workers in Canada officially begin strike<\/b><\/h2>\n

West Coast<\/span> port workers in Canada have officially gone on strike<\/span><\/a>, an action that could have ripple effects reaching beyond the U.S.\u2019s northern neighbor.<\/span><\/p>\n

Malaria Reemerges in the US for the First Time in 20 Years<\/b><\/h2>\n

Malaria, an infectious disease once a leading cause of death in the United States, was eradicated in the 1950s. However, a recent health warning issued by the U.S. Centers for Disease Control and Prevention (CDC) has raised concerns about a<\/span> potential resurgence of this deadly mosquito-borne disease<\/span><\/a>.<\/span><\/p>\n

White House announces $42 billion plan to expand high-Speed broadband access across the US<\/b><\/h2>\n

The White House has announced a<\/span> plan to distribute $42 billion among all 50 states<\/span><\/a> in order to improve access to high-speed broadband by 2030.<\/span><\/p>\n

Supreme Court votes against Biden Student loan Forgiveness Program<\/b><\/h2>\n

The Supreme Court voted 6\u20133 on June 30 to strike down President Joe Biden\u2019s controversial<\/span> plan to partially forgive student loans<\/span><\/a>.<\/span><\/p>\n

IRS rescinds COVID relief for HDHP plans<\/b><\/h2>\n

The Treasury and the Internal Revenue Service have<\/span> rescinded pandemic-era guidance<\/span><\/a> that allowed high-deductible health plans to cover COVID costs.<\/span><\/p>\n

4 volunteers just entered a virtual “Mars” made by NASA. They won’t come back for one year.<\/b><\/h2>\n

Four volunteers entered a<\/span> simulated Mars habitat<\/span><\/a> where they are expected to remain for 378 days while facing a range of challenges designed to anticipate a real-life human mission to the red planet.<\/span><\/p>\n

Crypto lobbyists ask SEC for info on Prometheum, the mysterious ‘regulated’ crypto firm<\/b><\/h2>\n

Blockchain Association lawyer Marissa Coppel announced that the trade group had filed a<\/span> Freedom of Information Act request<\/span><\/a> with the U.S. Securities and Exchange Commission (SEC), seeking records relevant to Prometheum, a crypto broker. Prometheum co-CEO and a founder Aaron Kaplan spoke before the House Financial Services Committee on Tuesday, broadly in support of the Gary Gensler SEC\u2019s positions on crypto regulation.<\/span><\/p>\n

Get in touch<\/b><\/h2>\n

Contact us if you have any questions or want to discuss the next steps for your business.<\/span><\/p>\n

 <\/p>\n

Contact us<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Welcome to our Weekly Digest – stay in the know with some recent news updates relevant to business and the economy. Federal Reserve Board releases results of annual bank stress test The Federal Reserve Board on Wednesday released the results of its annual bank stress test, which demonstrates that large banks are well positioned to … Continued<\/a><\/p>\n","protected":false},"author":2,"featured_media":8449,"comment_status":"close","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[76],"tags":[],"jetpack_publicize_connections":[],"acf":[],"yoast_head":"\nBusiness Update \u2013 5 July 2023 - Lepper & Company, LLC<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/lepperaccounting.com\/business-update-5-july-2023\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Business Update \u2013 5 July 2023 - Lepper & Company, LLC\" \/>\n<meta property=\"og:description\" content=\"Welcome to our Weekly Digest – stay in the know with some recent news updates relevant to business and the economy. 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