If President Joe Biden’s corporate tax increases and other changes to the tax code are passed unchanged, about 1 million jobs will be lost in the first two years following passage and economic activity will also decrease, according to a new economic study (pdf). The study by the National Association of Manufacturers (NAM), conducted by Rice …
Biden’s Corporate Tax Hikes Would Cost 1 Million Jobs, Study Finds Read More »
Moving the Major League Baseball (MLB) All-Star game from Georgia is going to cost people their jobs, the White House acknowledged on Sunday. “There is undoubtedly going to be a cost,” Cecilia Rouse, chair of the Council of Economic Advisers, said when asked about a hypothetical popcorn stand worker who found out he won’t be hired …
White House: Moving All-Star Game ‘Undoubtedly’ Going to Cost Workers Read More »
A recent poll found that 63 percent of Americans want the government to buy goods made in the United States—even at a significantly higher cost. The Reuters-Ipsos poll, which was released on Tuesday, also showed that, while 69 percent of U.S. respondents believe a product being made in America is at least somewhat important, 37 …
63 Percent of Americans Want Government to Buy US-Made Goods, Even at Higher Cost: Poll Read More »
FILE PHOTO: Stranded container ship Ever Given, one of the world’s largest container ships, is seen after it ran aground, in Suez Canal, Egypt March 26, 2021. REUTERS/Mohamed Abd El Ghany March 26, 2021 BERLIN (Reuters) – The container ship blocking the Suez Canal could cost global trade $6 billion to $10 billion a week, …
Suez Canal blockage could cost $6 billion to $10 billion in lost trade – Allianz Read More »
FILE PHOTO: An employee works at the Kirsh Foundry in Beaver Dam, Wisconsin, U.S., April 12, 2018. REUTERS/Timothy Aeppel March 24, 2021 By Lucia Mutikani WASHINGTON (Reuters) – U.S. factory activity picked up in early March amid strong growth in new orders, but supply chain disruptions because of the COVID-19 pandemic continued to exert cost …
U.S. factory activity picks up in March; cost pressures building – IHS Markit Read More »
Rep. Jim Banks (R-Ind.), who is the chairman of the Republican Study Committee, said that attempts to purge the party of former President Donald Trump will cost the GOP all elections. “A Republican Party that seeks to erase President Trump and fails to understand his appeal to working-class voters is destined to lose elections in …
Attempts to Erase Trump Will Cost GOP Elections 2022 and 2024: Rep. Jim Banks Read More »
FILE PHOTO: The Lyft Driver Hub is seen in Los Angeles, California, U.S., March 20, 2019. REUTERS/Lucy Nicholson/File Photo February 9, 2021 By Tina Bellon and Akanksha Rana (Reuters) – Lyft Inc said on Tuesday it could become profitable on an adjusted basis by the third quarter of this year despite the pandemic, three months …
Lyft says cost cuts, coming ride recovery could bring third-quarter profit Read More »
Senate Majority Leader Chuck Schumer spoke at a news conference on Capitol Hill in Washington on Thursday, Feb. 4, 2021, about plans to reintroduce a resolution to call on Joe Biden to take executive action to cancel up to $50 thousand in debt for federal student loan borrowers. (AP Photo/Andrew Harnik) OAN NewsroomUPDATED 11:10 AM …
Democrats push for student debt forgiveness, would cost taxpayers millions Read More »
Rep. Marjorie Greene (R-Ga.) said the Republicans who voted to strip her of committee posts on Feb. 4 committed a “big betrayal” and may cost the GOP the House majority in the 2022 election. “There were 10 that voted for impeachment against President Trump and they definitely paid the price. They heard from Republican voters. …
FILE PHOTO: A United Airlines passenger jet taxis at Newark Liberty International Airport, New Jersey, U.S. December 6, 2019. REUTERS/Chris Helgren/File Photo January 21, 2021 By Tracy Rucinski (Reuters) – United Airlines Holdings Inc said on Wednesday it aims to cut about $2 billion of annual costs through 2023 as it charts a recovery from …
United Airlines pledges more cost cuts after pandemic-driven quarterly loss Read More »
