Dockworkers reach tentative deal to avert damaging strike
Docker and longshore workers struck a tentative deal on Wednesday night to avert a damaging strike ahead of a looming January deadline. “This is a win-win agreement that will create ILA jobs, support American consumers and businesses, and keep the U.S. economy an important hub for global markets,” said the Longshoremen’s Association (ILA). said the […]
UnitedHealth shareholders demand review of policies that 'delayed or denied' health care access
Shareholders of UnitedHealth Group (UHG) have asked the company's board of directors to release a report on how policies that limit or delay access to health care are impacting the company's brand and the broader economy. I'm looking for it. of suggestion Shareholders have asked the UHG Board of Directors to produce a report examining […]
Export-Import Bank launches initiative to counter China's mineral dominance
The federal government has begun efforts to support foreign mineral projects that exclude China as part of efforts to strengthen the U.S. supply chain. The Export-Import Bank (EXIM), a federal agency that helps finance private projects, voted to approve an initiative to fund overseas projects that ultimately supply minerals used in the United States. Given […]
United flight clipped by another jet at Chicago's O'Hare airport
The Federal Aviation Administration (FAA) announced Wednesday that a United Airlines jet was pinned by another jet while taxiing at Chicago O'Hare International Airport. An American Airlines Boeing 737-800 was traveling on separate taxiways at Chicago O'Hare International Airport around 10 a.m., according to an emailed statement from an FAA spokesperson to The Hill. It […]
Fed’s Waller sees cooler inflation despite higher forecasts
U.S. Federal Reserve President Christopher Waller responded to the central bank's forecast for rising prices and growing expectations among investors that the Fed may not cut rates significantly this year. , showed a redoubled stance on further interest rate cuts and curbing inflation. “We believe that inflation will continue to move toward our 2% target […]
Gingrich urges Trump, GOP to pass tax cuts in 'one big, beautiful bill'
Former House Speaker Newt Gingrich (R-Ga.) has encouraged President-elect Trump and the Republican Party to pass tax cuts as part of a single broad reconciliation bill, with the Republican House majority in a narrow state. He argued that the outcome would depend on the performance of the U.S. economy. In an interview with The Hill […]
What could Trump’s ‘big, beautiful bill’ look like?
President-elect Trump said Republicans are working on a “robust” bill to advance his policies. Republicans had already begun preparing to use a special process known as budget reconciliation to extend expiring provisions of President Trump's signature 2017 tax law, bypassing opposition from Senate Democrats. But in recent months there have been growing calls within the […]
Port strike looms ahead of Trump inauguration
Tens of thousands of longshore workers could walk off the job from Maine to Texas next week if unions and management can't resolve long-running contract issues. The damaging strike, which begins just days before President-elect Donald Trump's inauguration, could be the president-elect's first economic test. Big business is furious at the financial price threatened by […]
Bottom Line: Palantir taps Trump-tied firm as it chases government contracts
defense Palantir Technologies have hired mirror strategy Lobbying on issues related to defense policy and spending. The U.S. government has reportedly awarded Palantir approximately $2.5 billion in contracts since 2009. federal contract datamore than $1.3 billion of which came from the Department of Defense. Palantir has steadily increased its federal contracts each year, hitting a […]
Trump says Meta has 'come a long way' after it ends fact-checking program
President-elect Trump said Tuesday that social media giant Meta has made progress as a company since announcing it was eliminating its fact-checking program. “Honestly, I think they've come a long way. Both Meta and Facebook, I think they've come a long way,” he said, adding that he and Meta's head of policy, Joel Kaplan, He […]