House Republicans are renewing efforts to introduce a national sales tax and abolish the Internal Revenue Service (IRS), framing the measure as a way to ensure illegal immigrants contribute taxes. Representative Buddy Carter (R-GA) will unveil the FairTax Act of 2025 on Thursday, a bill designed to overhaul the U.S. tax system by replacing the federal income tax with a 23% national sales tax.
College costs are dropping, especially at public universities, where tuition and student debt have declined significantly over the past decade. According to the College...
As New York City’s congestion toll system takes effect, reports have emerged of drivers altering license plates to evade the fee. The toll, which charges $9 during peak hours and $2.25 during off-peak hours for vehicles entering Manhattan’s central business district, officially began on Sunday.
Chicago and New York City tied for the title of the U.S. cities with the worst traffic congestion in 2024, according to INRIX's annual Global Traffic Scorecard.
The election of Donald Trump to a second presidential term is fueling a wave of economic optimism, with business confidence reaching its highest level in 18 months. S&P Global’s latest data reveals accelerated growth across the services sector, underscoring the positive impact of Trump’s anticipated pro-business policies.
Republican lawmakers in Michigan are voicing strong opposition to a plan by the state’s Department of Natural Resources (DNR) to clear over 400 acres of forest in Otsego County to make way for a solar panel farm.
Seattle’s minimum wage, which rose to $20.76 per hour on January 1, has proven too costly for some business owners, resulting in the closure of a long-standing small business and highlighting broader economic consequences of such policies.
