The Delta variant is keeping more companies cautious about how to invest the mountains of cash they have at their disposal. That hesitancy has led, in part, to corporate spending on stock buybacks outpacing capital expenditures this year.
A letter signed by more than 40 trade associations calls on Congress to reject the proposal, saying it violates customer privacy and would create an incredibly expensive and elaborate reporting requirement for banks.
Costco CFO Richard Galanti said on Thursday that Costco is putting purchase limits on "key items," such as toilet paper, paper towels, bottled water and certain cleaning products, according to CNBC.
Football players in Tennessee led parents and fans in a post-game prayer after a school district in the state was told that its teachers, coaches and staff are forbidden to do such.
Republican House Representatives led by Bob Gibbs of Ohio have filed three articles of impeachment against President Joe Biden on Tuesday, while the Democratic leader was at the U.N. General Assembly.
The Biden administration is seeking to compel banks to report to the IRS any bank account with more than $600 in transactions per year. This proposal is a linchpin of Biden’s American Families Plan, and will supposedly help generate almost $500 billion in federal revenue over the next decade.
