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Dem-sponsored changes to death taxes could cost almost 1M US jobs, study finds

Republicans and Democrats are at odds over ending the stepped-up basis provision.

Corporate profit margins holding up despite cost inflation, rising wages

Net percentage of companies with rising profit margins.

World Investors Pouring Record $900 Billion into U.S. Funds

Global money managers funneled nearly $1 trillion into U.S. financial assets in the first half, signaling the American economy is primed to dominate post-COVID markets.

On The Money: Senate braces for nasty debt ceiling fight | Democrats pushing for changes to bipartisan deal | Housing prices hit new high...

Republicans are digging in on the federal debt limit, warning Democrats that it will be up to them to avoid a default as President Biden pushes for trillions more in spending.

Jobless Claims Hit 419,000 Last Week: Forbes

"Higher than expected" U.S. unemployment in "bumpy labor market recovery," according to Forbes.

Hollywood leaving California for New Mexico tax incentives

A 35% tax incentive has brought NM $623M from the movie industry this year.

One homebuilding giant is turning down orders due to red-hot demand

Red-hot demand for houses sounds like great news for homebuilders. But builders aren’t as thrilled as you might expect, and one builder is actually turning down orders.

Netflix stock tanks as subscriber numbers drop

1st time platform has lost domestic customers in 2 years.

After Massive Web Outage, Akamai Implements “Fix”, Says “Not Cyberattack”

Websites worldwide are slowly coming back online as Akamai tweets the ongoing situation "was not a result of a cyberattack on the Akamai platform."

Test vote on Biden’s bipartisan infrastructure bill fails Senate amid GOP objections

Legislation needed 60 votes to break a filibuster and proceed to the roughly $1 trillion bill.

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