Senate Democrats Announce $3.5 Trillion Budget Agreement
BY ISABEL VAN BRUGEN Senate Democrats on the Budget Committee on Tuesday night announced that they have reached an agreement on a $3.5 trillion package that includes many provisions backed…
US Consumer Prices Surge in June, Inflation Climbs to 13-year High
BY REUTERS WASHINGTON—U.S. consumer prices rose by the most in 13 years in June amid supply constraints and a continued rebound in the costs of travel-related services from pandemic-depressed levels…
House Intelligence Committee Republicans Find China’s Malign Influence in Corporate America
By KRISTINA WONG A Republican House Intelligence Committee investigation has found China’s malign influence deepening across corporate America, including in the pharmaceutical, manufacturing, agriculture, entertainment, media, finance, sports, and technology…
Biden Wants $1T New Infrastructure Spending, Offers Change to Corporate Tax Hike
By Charlie McCarthy President Joe Biden wants $1 trillion in new infrastructure spending and offered to change his proposal regarding corporate tax hikes, it was reported Thursday. Biden met with…
Biden opens the back door to universal basic income
Kevin Nicholson Long before the onset of COVID-19, the luminaries of Silicon Valley began advocating for the implementation of universal basic income (UBI). This is the idea that governments should…
US Bans Seafood Imports From Chinese Fleet That Engages in ‘Modern Slavery’
BY EVA FU U.S. Customs and Border Protection on Friday banned a Chinese fishing company from selling seafood products in the United States over concerns that the firm was treating…
A global corporate tax rate would weaken the global economy
by Ross Marchand It’s lonely at the top. Prior to the passage of the 2017 Tax Cuts and Jobs Act, the U.S. had the highest corporate tax rate in the…
Florida Becomes 23rd State To End $300 Unemployment Benefit Boost To Ease Business Hiring Woes
BY TOM OZIMEK Florida officials on Monday announced an end to the $300 weekly federal pandemic unemployment compensation top-up, making the Sunshine State the 23rd to opt out of the…
In the face of most Democrats’ opposition, US Steel cancels a billion-dollar investment
Salena Zito BRADDOCK, Pennsylvania — Exactly two years ago, U.S. Steel Corporation announced that the company would turn its Mon Valley operations into a key source of lightweight steel for…