There Are No Fed Cuts Ahead This Year
Inflation is progressing faster than expected The continued underestimation of inflation by professional economists during the Biden administration will one day become a major topic for economic historians to study. The Bureau of Economic Analysis released its economic growth forecast for March on Friday. Personal Consumption Expenditures (PCE) Price Index. Both the composite index and […]
President Biden, former President Trump and Republican lawmakers battle over Trump tax cuts
Ahead of the 2024 election, rhetoric is intensifying about competing visions for taxes from Democrats and Republicans. The elections will determine whether individual provisions of the 2017 Trump tax cuts are extended, amended or thrown into Congress’ trash can. President Biden, members of key tax writing committees, and tax advocates from across the ideological spectrum […]
Southwest Cuts Jobs, Quits Four Airports Due to Boeing Woes
Southwest Airlines plans to cut jobs and suspend operations at four airports while cutting flights at other airports to cut costs amid continued turmoil at Boeing Co. Southwest Airlines said on Thursday that delays in deliveries from Boeing Co. (which uses Boeing 737s) led to cost-cutting measures, with a “first-quarter loss of $231 million, ahead […]
Mayor Adams calls library funding cuts part of ‘negotiation’
New York City Mayor Eric Adams on Thursday sought to reassure critics of cuts to the city’s public library system, saying they are still in the “negotiation phase” of a new budget and that the final result “will satisfy everyone.” I will,” he claimed. Hizner blasted the decision not to include $58 million in library […]
Trump cuts deal to keep $175M civil fraud bond — as attorney roasts judge, DA for having ‘no idea’ about finance
Donald Trump’s lawyers on Monday struck a deal with state prosecutors to secure a high $175 million civil fraud bond as he appeals the verdict in the case. This was despite his ongoing criminal trial. State Attorney General Letitia James said the former commander-in-chief is fighting to overturn a massive $454 million judgment handed down […]
S&P cuts Israel’s credit rating amid Middle East conflict
Let. Air Force Brigadier General Rob Spaulding and Marine Garrett Exner discuss tensions in the Middle East on Evening Edit. S&P Global Ratings downgraded key short-term and long-term ratings on Thursday israel credit rating The country is in an ongoing conflict with Hamas and has recently been at odds with Iran. S&P Global lowered the […]
‘I Can Smell The Burning Flesh’: CNN Live Shot Cuts To Man Lighting Self On Fire Outside Trump Trial
A CNN live shot cut to a man lighting himself on fire Friday afternoon outside former President Donald Trump’s trial in New York. A man reportedly set himself on fire outside the Manhattan courthouse where jury selection in the Bragg trial concluded moments before. CNN Chief Legal Analyst Laura Coates was interrupted by the incident […]
DC Councilman undermines CFO and Bowser with budget preview that reverses their cuts
Washington D.C. Council Chairman Phil Mendelson (D) announced that he will undo Washington D.C. Mayor Muriel Bowser’s (D) most contentious budget cuts. The city’s budget has become a major area of contention, following Chief Financial Officer Glen Lee’s demand to divert funds to the city’s emergency fund, forcing Bowser to undertake budget cuts unpopular with […]
‘DEATH BY 1000 CUTS’: Iran scholar breaks down regime’s strategy following attack
Foundation for Defense of Democracies senior fellow Behnam Ben Taleblu breaks down Iran’s strategy, Israeli retaliation and … source
Tax Day Emphasizes Need to Make the Trump Tax Cuts Permanent
Small and medium-sized businesses in the United States are rushing to complete their tax returns ahead of tax day. New Job Creators Network General Incorporated Foundation vote This proves to be no easy task. Most small business owners spend at least 12 hours preparing and filing taxes, and one-fifth of respondents spend at least 36 […]