European consumers are buying electric cars at a faster rate than ever, encouraged by government subsidies and the availability for the first time of models made by their favorite brands. The boom …
Read More »Boost in Household Income Drives the US Economy for Stronger Growth
American household income increased 10% in January as the government delivered stimulus payments to households and consumer spending increased 2.4%, setting the economy for a burst of growth this year . The …
Read More »IRS Postpones April 15 Tax Deadline for Texas Residents and Businesses
WASHINGTON – The Internal Revenue Service extended the tax payment and filing deadline from April 15 to June 15 for all Texas residents and businesses, citing damage from recent winter storms and …
Read More »$ 15 minimum wage cut will be employment, reducing poverty, CBO study opportunities
According to one study, President Biden currently cut employment by 16,000 million by raising the federal minimum wage to $ federal.25 dollars from the level of $ federal.25 dollars per hour and …
Read More »US accuses MIT professor of hiding extensive China ties in federal grant application
Federal prosecutors on Thursday accused a high-profile Massachusetts Institute of Technology mechanical engineering professor with fraud, accusing them of failing to disclose and finance broad ties to the Chinese government in grant …
Read More »Biden’s tax-hike agenda revived as Democrats win Senate
Washington – Democratic control of the Senate gives President-elect Joe Biden a stronger chance of raising taxes on corporations and higher-income homes. Until this week’s Georgia runoff elections, Mr. Biden’s plans for …
Read More »I received a financial gift from my mother. I returned it 5 years ago. Now that we are divorcing, my husband says that half of that money was his
Dear Manishi, I received a gift from my mother many years ago. He only transferred sufficient funds to a bank account in my name. My husband persuaded me to add my name …
Read More »People will get Kovid vaccines, which will cost billions
State leaders say they have the billions of dollars needed to successfully provide the Kovid-19 vaccination to all Americans, according to a June goal of health officials. The federal government is providing …
Read More »US Budget Gap Tries to Record $ 3.1 Trillion in Fiscal 2020, Treasury SEZ
WASHINGTON – The US deficit tripled to a record $ 3.1 trillion in the fiscal year that ended on September 30, as the government battled a global epidemic that plunged the US …
Read More »US consumer spending rose in August, but currency challenge for economic recovery
US consumer spending rose 1.0% in August, while income declined, presenting a new obstacle to economic recovery. The Commerce Department said personal income fell 2.7% in August from a month earlier. Declining …
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