Everyone, Everyday: Talking About What Matters
Surveys have shown a positive increase in both the economy and the American people’s view on the economy, but former President Donald Trump is out to crash the party, making claims that the positive unemployment data is one of “the biggest hoaxes in modern politics.” A Positive Outlook for the U.S. Economy The U.S. economy … Read more
The House Republicans’ push for a $78 billion tax deal, including business incentives and an expanded child tax credit, has now been approved by the White House and the Ways and Means Committee. The crucial House floor vote is set after bipartisan approval in the House Ways and Means Committee. GOP Dilemmas Speaker Mike Johnson … Read more
Vermont is introducing a historic bill that would see a rise in tax payments from its wealthier residents in an attempt to fund issues brought on by the wide financial inequality in the state. Vermont’s Progressive Stance on Wealth Tax Vermont has introduced two bills aiming to impose wealth taxes on its wealthiest residents in … Read more
British billionaire Joe Lewis has pleaded guilty to US courts for securities fraud and conspiracy to commit securities fraud, facing a potential 45-year prison sentence. What impact will this have on his US and UK businesses? Scandal Hits British Billionaire Joe Lewis Joe Lewis, the billionaire majority shareholder of Premier League football club Tottenham Hotspur, … Read more
The controversial deal that could see a historical takeover of US Steel by Japanese-owned Nippon Steel has received even more backlash as it looks more likely that the deal would go ahead due to the risk to national security. Multinational Concerns Amidst Political Backlash Large multinational companies have expressed concern over the politicization of the … Read more
A new online application recently went live in an attempt to make student lives easier, but accessibility challenges have left students increasingly frustrated, as the Free Application for Federal Student Aid (FAFSA) fails to provide those who need it their financial aid. Unforeseen Hurdles Originally scheduled for an October opening, the FAFSA faced a three-month … Read more
Although American companies wouldn’t usually be so keen to invest in China, there’s a surprising beacon of hope for Beijing as American fast-food chains set their sights on a market of 1.4 billion people. Fast Food Frenzy In the wake of a poor 2023 for the Chinese economy, major American fast-food chains, including KFC, McDonald’s, … Read more
The Federal Reserve’s internal watchdog has concluded a lengthy investigation, clearing two former policymakers, Robert Kaplan and Eric Rosengren, of legal wrongdoing in their 2020 personal trading activities. A Thorough Examination Unveiled The report revealed that Robert Kaplan, then president of the Dallas Fed, executed multiple transactions exceeding $1 million during the onset of the … Read more
In the last month of 2023, prices unexpectedly went up in the U.S., showing how tricky it is for our economy to recover smoothly. An expert warned that because things are unpredictable, investors need to be more careful with their expectations. A Reminder of Uncertainty The CPI’s 0.3 percent increase in December, reported by the … Read more
Former President Trump recently made a statement about his wish for an economic crash within the next 12 months, but why don’t his followers condemn a politically motivated wish for a less-than-great America? Trump received notable backlash from a number of Democrats. Trump’s High-Stakes Move Trump declared his expectation of a U.S. economic crash and … Read more