State lawmakers to discuss ending automatic gas tax increase
Some local lawmakers want to stop raising the gas tax in Pennsylvania; KDKA's Briana Smith reports.
Some local lawmakers want to stop raising the gas tax in Pennsylvania; KDKA's Briana Smith reports.
With warm weather and relatively affordable living costs, Arizona has long been a popular destination for retirees. While the average monthly costs of the necessities (rent, groceries, healthcare and...
In this article, we take a look at 20 most advanced countries in the world in 2023. If you want to see more most advanced countries in the world in 2023, go directly to 5 Most Advanced Countries in the World in 2023. Technology has been the main way that countries have advanced. With better […]
Not only is Elon Musk worried about troubled commercial real estate loans maturing during a period of spiked interest rates. He says it's the next crisis.
The Republicans' plan to repeal the food tax isn't really about helping struggling families. It's about sticking it to Democratic Gov. Katie Hobbs.
Don't let a seemingly strong jobs market fool you–the data today is reminiscent of the early days of past recessions, according to Murray Sabrin.
President Biden's Fiscal Year 2024 Budget has proposed a series of major tax increases, totaling nearly $4.7 trillion, aimed at businesses and high-income individuals. These proposals include higher marginal tax rates on corporate, individual, and capital gains income; a new minimum tax on high-net-worth individuals; and increases to Medicare taxes. Several tax credits would also be expanded or created, offsetting the gross taxes by about $900 billion and resulting in a net tax increase of $3.8
The IMF has received a request for financial assistance from Ethiopian authorities to support its economic reforms, the spokesperson said, noting the country had been hit by multiple shocks including drought, the COVID-19 pandemic, domestic conflicts, and the impact of Russia’s war in Ukraine. "A potential program would support the authorities’ Homegrown Economic Reform program and help Ethiopia stabilize its economy so that it can meet its economic, humanitarian, and social challenges, create jobs, and reduce poverty," the spokesperson said.
LOS ANGELES (Reuters) -Walt Disney Co on Monday began 7,000 layoffs announced earlier this year, as it seeks to control costs and create a more "streamlined" business, according to a letter Chief Executive Bob Iger sent to employees and seen by Reuters. Several major divisions of the company - Disney Entertainment, Disney Parks, Experiences and Products, and corporate - will be impacted, according to a person familiar with the matter. Iger said Disney would begin notifying the first group of employees who are impacted by the workforce reductions over the next four days.
Efforts to repeal a pair of decades-old provisions that have restricted Social Security benefits for public-sector pensioners are gaining renewed momentum this year, though there will likely be a...
The United States will likely enter a recession this year and face high inflation well into 2024, a majority of economists predicted in their response to a semiannual survey.Economists also slightly raised the chances of the Fed achieving a so-called "soft landing" -- bringing down inflation while avoiding a recession -- from 27 percent in August to 30 percent in March this year. da/tjj
(Bloomberg) -- The Federal Reserve will keep raising interest rates despite traders betting otherwise as fears of a banking crisis convulse markets, according to BlackRock Inc.Most Read from BloombergFBI Releases Files on Ivana TrumpSchwab’s $7 Trillion Empire Built on Low Rates Is Showing CracksBinance and Its CEO Sued by CFTC Over US Regulatory ViolationsSaudi National Bank Chair Resigns After Credit Suisse RemarkBanks in France Face More Than $1.1 Billion Fines After RaidsThe world’s biggest
Despite House Republicans grilling the administration for answers on President Joe Biden's budget plan, they have yet to share their own proposal.
A flat income tax plan from Kansas House Republicans would provide little benefit to the middle class while poor and rich taxpayers save far more.
With billions in supplemental funding to replenish stock sent to Ukraine, added benefits for the U.S. Army are emerging.
Members of the State House voted Monday on a tax for electric vehicle owners to charge their cars at public stations, since they don't have to pay gas tax. FOX 5 spoke to lawmakers on both sides of the debate.
President Joe Biden was blasted on Twitter Saturday after he claimed "MAGA" Republicans want to "slash funding for border security."
Millions of homeowners will benefit from a whole percentage point drop in interest rates next year, according to City forecasters.
The World Bank just issued a bleak warning that the global economy could see its lowest growth rate in 30 years.
Republicans and Democrats are pointing fingers over the seeming lack of progress toward a deal to raise the debt limit, as lawmakers stare down what is likely to be a dramatic months-long stretch in their quest to avoid a default. And leaders from both sides aren’t signaling any signs of budging just yet. Speaker Kevin…
The weak governance behind the crisis in South Africa’s energy sector is contributing to sluggish growth and rising government debt and has implications for South Africa’s credit ratings.