Business

The U.S. income tax system is “very progressive,” and it’s increasingly taking on the role of providing social benefits to households, according to the Tax Foundation.

BlackRock, the world’s largest investment manager with more than $9 trillion in assets under management, recently made a very contrarian call.

A California judge on Friday ruled that a 2020 ballot measure exempting gig companies from for providing benefits for its workers is unconstitutional, the Sacramento Bee reports.

Companies raise prices in response to higher labor costs, fanning inflation further

Companies are rolling out perks at a feverish clip to lure employees.

States with Republican governors are leading the U.S. economic recovery from the coronavirus pandemic, while those run by Democrats – which tended to impose lengthier and stricter lockdowns on businesses – are faced with significantly higher unemployment rates. 

In a notable break with progressives, Sen. Joe Manchin (D-W.Va.) said in an interview that the coal industry “will be saved, has to be saved, because the country can’t survive without it.”

The Federal Trade Commission on Thursday took a second shot at alleging Facebook is an illegal monopoly in a new complaint that accuses the social media company of buying up potential competitors or thwarting their access to the platform.

Sale occurs with Democratic governor fighting Sept. 14 recall

Florida Sen. Rick Scott (R) is calling for a federal investigation into Ben & Jerry's over its decision to stop selling ice cream in occupied Palestinian territory.