Federal judge blocks $25 billion Kroger-Albertsons merger, but leaves door open for future deal
A federal judge on Tuesday blocked the suggestion In the $25 billion merger between grocery giants Kroger and Albertsons, a judge has ruled that the deal would limit competition and harm consumers, but left the door open for future attempts. It has become. Albertsons announced its intention to merge with Kroger in 2022 for $24.6 […]
Small business optimism jumps after election: NFIB
Optimism among small businesses soared in November, exceeding the 50-year average for the first time in nearly three years, according to the National Federation of Independent Business (NFIB). The Small Business Optimism Index rose 8 points to 101.7 last month. This is the highest reading for the index since June 2021 and the 34th consecutive […]
These US cities will pay you to move there
More than 20% of U.S. residents say they're more likely to move now that the 2024 election is over, and some cities are offering cold hard cash to lure newcomers. are. The rise in remote work during the pandemic has allowed employees to work remotely from their company's headquarters. Cities like Tulsa, Oklahoma, and Columbus, […]
Congress races toward fast-approaching government shutdown deadline
Congress has just 10 days until government funding runs out, but lawmakers have not struck a deal to keep the lights on over the holidays. Lawmakers on both sides of the aisle expect the government to keep businesses open past the Dec. 20 shutdown deadline. But negotiators are leaving colleagues guessing how that will be […]
Senate Democrats gauging interest in bill to extend tax benefits to Taiwanese companies
Senate Democrats are considering a bill that would give tax breaks to Taiwanese companies and are gauging interest in using a fast-track process to pass the bill. The tax breaks for Taiwan were included as a provision in a larger tax bill that passed the House by a wide margin earlier this year but failed […]
House Republican eyes Medicare, Social Security for DOGE cuts
Rep. Mark Alford (R-Missouri) has cited Medicare and Social Security as potential focus areas for President-elect Trump's new Department of Government Efficiency (DOGE). Alford is asked about possibilities DOGE's cost-cutting recommendations appeared on Fox Business Network's “Morning with Maria” Monday. In response, he noted that Republican lawmakers recently met with Elon Musk and Vivek Ramaswamy, […]
Consumer watchdog faces daunting future under Trump
The Consumer Financial Protection Bureau (CFPB) is headed for a difficult future under President-elect Trump. The powerful financial watchdog is facing liquidation under the second Trump administration, which is likely to take steps to curb its powers and regulatory challenges. The CFPB has been a target of Republicans since it was created by the Dodd-Frank […]
Trump 'can't guarantee' tariffs won't raise prices for consumers
President-elect Trump said in a new interview aired Sunday that he can't guarantee Americans won't pay more in tariffs he has promised to impose on imported goods. Mr. Trump, in an interview With Kristen Welker on “Meet the Press,” say you don't believe economists' repeated warnings that tariffs on countries like Canada, Mexico and China […]
Trump says he won't seek to remove Fed chairman Powell
President-elect Trump said in a new interview that he has no intention of trying to remove Fed Chairman Jerome Powell, who takes office next year. President Trump: “No, I don't think so. I don't know.” told Kristen Welker In “Meet the Press”. President Trump said, “If I tell him that, he will. But if I […]
Teamsters union calls for Amazon to set bargaining dates after Thanksgiving strike
The International Brotherhood of Teamsters has called on Amazon to agree to set a date for negotiating a union contract by Dec. 15. “The Teamsters have finished demanding that Amazon stop violating the law. Amazon must come to the negotiating table and commit to negotiating Teamsters contracts with its employees or face the consequences of […]