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House demands info from businesses as it expands probe into GARM

The House Judiciary Committee sent letters to more than 40 major companies on Thursday as part of its ongoing investigation into a left-leaning advertising cartel that allegedly plotted to defund news organizations and platforms, including The Washington Post. The committee, chaired by Sen. Jim Jordan (R-Ohio), called on companies including Adidas, American Express, Bayer, BP, […]

41% of Small Businesses Can’t Pay Rent this Month

Estimated Reading Time: < 1 minute More than 40% of U.S. small business owners say they couldn’t pay rent on time or in full for the month of November, the highest this year. The small business network group Alignable released the survey, which found that the hardship varies by industry. A notable 57% of beauty salons said […]

What Small Businesses Are Looking for in Tonight’s Debate

There will be no shortage of major topics to discuss in tonight’s presidential debate between Joe Biden and Donald Trump: foreign policy, the culture wars and Biden’s mental health are all likely to be key topics. Unfortunately, President Trump’s blatant political prosecution and the sideshow of January 6th will eat up much of the precious […]

IRS unveils plan to close tax loophole for pass-through businesses – CNBC

IRS Commissioner Danny Wuerfel testifies before the House Appropriations Committee in Washington, DC on May 7, 2024. Kevin Dietsch | Getty Images The U.S. Treasury Department and the IRS on Monday announced a plan to “close significant tax loopholes” exploited by large, complex partnerships that could raise an estimated $50 billion or more in tax […]

Yellen says Trump’s taxes-tariffs plan would ‘harm American businesses’

Treasury Secretary Janet Yellen strongly disagreed with Republican presidential candidate Donald Trump’s idea to reduce federal income taxes and replace them with increased tariffs to compensate for the lost revenue. The former president outlined his plan to Republican lawmakers during his visit last week, and many people saw it as a sound campaign strategy as […]

Chicago Mayor Defends Spending Campaign Funds On Makeup By Touting Support Of ‘Black And Brown-Owned’ Small Businesses

Chicago’s Democratic mayor, Brandon Johnson, defended spending more than $30,000 in campaign funds on makeup and haircuts as support for “Black-owned” small businesses, according to The Center Square. The Johnson campaign spent $4,000 at hair salons and more than $20,000 at cosmetics stores. Election Expense Report It revealed 42 separate expenditures on make-up magic by […]