To prevent a nationwide railroad strike, Congress acted swiftly. A compromise settlement was imposed on freight railroads and a dozen labor unions, and the U.S. House of Representatives approved more paid sick leave for rail workers.
Category: Economy
Taxpayers Beware: Apps Like Zelle, Cash App, and Venmo Will Trigger an Audit if Your Numbers Don’t Match
Workers in the gig industry need to take notice of the new forms they will receive at the end of the year. The American Rescue Act, enacted in 2021 by a Democratic-majority Congress, significantly alters the taxation of Americans who are paid through third-party organizations. Cash App, Venmo, and PayPal are among the companies mentioned.
The Republican House Majority Might Protect Industries From New Taxes and Regulations
According to one analyst, the stalemate in Washington is beneficial to American industry. Long ago, Republican victories at the polls translated into advantages for the corporate lobby in Washington. Despite the party’s growing populist tilt, this election is unlikely to be an exception.
Biden Now Rejecting Solar Panel’s From China; Find Out Why.
The new law prohibiting shipments from China’s Xinjiang region over slavery concerns has resulted in more than 1000 shipments worth hundreds of millions of dollars accumulating at U.S. ports since June, government officials said.
Several seizures, which had not been previously published, demonstrate how a policy designed to increase pressure on Beijing over its Uyghur incarceration camps in Xinjiang may impede the Biden administration’s efforts to decarbonize the U.S. electricity industry to combat climate change.
Find out what Biden’s Administration plans to do next.
Biden Needs to Step Down Now
President Joe Biden’s memory issues are becoming a huge problem and need to be addressed. The longer he says in office, the more problems we are going to have.
Biden To Retaliate For OPEC Decision
The Biden administration has warned of retaliation for last week’s significant oil production cut by Saudi Arabia-led OPEC and its Russia-led partners, escalating Washington’s dispute with a major Middle Eastern ally.
Housing Market Indicates High Inflation for Start of 2023
Rents and other housing prices are emerging as a significant driver of total consumer inflation, keeping it high even as many additional drivers of inflation begin to decline
911 Speech Shows Republican Dismay Over the Sad State of Our Nation
This year, on the anniversary of the terrorist attacks on September 11, 2001, House Minority Leader Kevin McCarthy, R-Calif., ripped into President Biden’s foreign policy. McCarthy told Fox News that the president’s actions at home and abroad had made the country less safe. Under the Biden administration our country is headed in the wrong direction. The leader of the U.S. should be uniting our nation, but instead, he has caused our country to be more divided.
Treasury Secretary Tour A Slap in the Face to Struggling Americans
Yellen’s speech took place Thursday at a Ford Motor Co. plant in Dearborn, Mich., where electric cars are manufactured. The economy is slowing down because the Federal Reserve is raising interest rates to fight the highest inflation in four decades.
Coming Soon Higher Interest Rates
Following Chairman Jerome Powell’s public pledge to reduce inflation even if unemployment increases, the Federal Reserve appears on track to raise interest rates by another 0.75 percentage point this month.
