US hits Hamas funding network with sanctions on attack anniversary
The Treasury Department announced sanctions on some of the Palestinian militant group's funding networks on Monday, the one-year anniversary of Hamas's Oct. 7 attack on Israel. The Treasury Department announced that the Office of Foreign Assets Control has designated three people, a “fake charity organization” in the Gaza Strip and a financial institution affiliated with […]
Democrats accuse food, beverage companies of ‘profiteering’ through ‘shrinkflation’
Two Democratic members of Congress sent a letter to some of the nation's largest food and beverage companies, saying their companies are “compromising their profits” through “shrinkflation” (reducing the size of products while keeping prices the same or raising them) and “tax evasion.” “They are profiteering,” he said. Sen. Elizabeth Warren (D-Mass.) and Rep. Madeline […]
Trump agenda would add twice as much to national debt as Harris's: Budget group
Former President Trump's tax and spending plan could double the national debt compared to Vice President Harris' plan, reaching more than $7 trillion over the next decade, according to new estimates. rough Analysis published by The Committee for a Responsible Federal Budget (CRFB) estimated on Monday that the plans proposed by both candidates could add […]
Automation takes center stage in port negotiations
Dockers and longshoremen from the International Longshoremen's Association (ILA) highlight anxieties being felt across industries: Will their jobs be replaced by robots? The ILA's three-day strike and ongoing negotiations have put the fight against automation technology back in the spotlight, but it remains unclear whether the union can repel the technology that appears to be […]
Dolly Parton, Walmart announce millions in donations to Helene victims
Knoxville, Tennessee (Wate) — Country star Dolly Parton announced a major donation to Hurricane Helen flood relief efforts at an event Friday in Newport, Tennessee. The music icon, who spoke at Walmart, donated to the Mountain Ways Foundation, a nonprofit organization providing immediate aid to flood victims in the southeastern United States, and to Dollywood […]
Boeing to resume union negotiation talks on Monday
Boeing plans to return to the negotiating table with striking union members on Monday after weeks of stalemate. union It was announced on Friday. About 33,000 machinists have been on strike at the company's West Coast factories since September, citing complaints over pay, pensions and annual bonuses. Boeing CEO Kelly Ortberg sent the following message: […]
Strong jobs report, port strike deal bolster Harris
Much better-than-expected jobs numbers, released just hours after the longshore workers' strike was abruptly called off, are providing momentum and relief to Vice President Harris' campaign. The port strike threatens to cripple the economy and is the most politically threatening of the three recent challenges facing Harris and the White House. The White House has […]
JPMorgan Chase denies Trump’s claim that Jamie Dimon endorsed him
JPMorgan Chase & Co. announced Friday that Chief Executive Jamie Dimon is no longer endorsing former President Trump, shortly after the Republican presidential candidate claimed he had the former president's endorsement. A JPMorgan Chase spokesperson confirmed to The Hill on Friday afternoon, just hours after the former president's remarks, that Dimon is not endorsing the […]
Biden makes first briefing room appearance as president to tout economy, port deal
President Biden appeared in a press briefing room for the first time since taking office on Friday, touting strong jobs numbers and a resolution to port strikes on the East Coast and Gulf Coast that threatened to disrupt the economy. “We've had some very good news about the U.S. economy over the last two days,” […]
Cuban, Hoffman join other entrepreneurs in 'Business Leaders for Harris' launch
Mark Cuban, Reid Hoffman, and other business luminaries joined Vice President Harris' campaign to launch Business Leaders for Harris. The group will include founders, CEOs, and small business owners who will represent Harris in the business world and inspire others to run for the White House. This will encourage support for Dallas Mavericks billionaire owner […]