CATEGORY

Business

Democrats’ propose top tax rate of 39.6% – here’s who would pay it

Top individual income rate would climb to 39.6% for wealthiest individuals, families

Inflation surges as prices spike 5.3 percent, settling at high pace

Inflation continued to surge in August, but appeared to settle at nearly the fastest pace in almost 13 years as the economy continues to emerge from the pandemic, the feds said Tuesday.

Producer prices are still moving up as inflation concerns linger

Producer prices increased by more than expected in August, a reminder that inflation pressures continue to linger in the economy.

Business Activity Growth Slows While Labor Cost Inflation Hits Record High: Chicago Fed

A new report from the Chicago Federal Reserve on business conditions in the central bank’s seventh district paints a picture of slowing growth and historically high price pressures, with labor cost inflation at a record high.

Defense contractors generated $7.35 trillion since 9/11

Like many human tragedies, 9/11 was great news for defense contractors. Over the course of the past 20 years, they've brought in a stunning $7.35 trillion in revenue, according to a Defense News database. The overwhelming majority of that money came from the Pentagon.

Democrats see $3.5T spending goal is slipping away

There’s a growing realization among Democrats that their plans for a $3.5 trillion spending package to reshape the nation’s social safety net and to tackle climate change will have to be slimmed down because of anxious centrists worried about the 2022 midterms.

Survey of small businesses finds optimism falling as Democrats push for tax hikes

Optimism among small business owners has plummeted as Democrats race to raise taxes amid rising inflation, according to a new poll by a right-leaning...

Big Tech companies shift to making semiconductors in-house

Some of the largest tech companies have decided to respond to the semiconductor shortage by designing their chips internally. Tech analysts and business people have spoken about the semiconductor shortage and how the coronavirus pandemic has severely drained the resources required to make the chips and parts needed for everyday electronic devices.

Biden unemployment benefits slowed economic recovery

'Often paid better than working'

Google facing another EU antitrust probe over market dominance

According to an MLex reporter’s tweet on Thursday, the European Commission (EC) is to investigate whether Google forced device manufacturers to install Google Assistant as the default voice software on Android devices.

Latest news

- Advertisement -spot_img