Economy

IRS would track all bank transactions over $600 under Biden plan; businesses revolt

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.

Everyone wants to be an influencer

The number of people looking to become online influencers has exploded during the pandemic. Why it matters: Almost anyone can find themselves in a position to become...

Fed signals tapering could begin ‘soon,’ projects interest rate liftoff in 2022

Fed's Powell signaled last month tapering could begin later this year.

John Kerry Is Failing As Climate Czar. This Is Why.

Former Secretary of State and current Biden "Climate Czar" John Kerry is having trouble convincing the Chinese Community Party to jump onboard U.S. plans to combat climate change.

McLaughlin Poll: Trump’s Coming Electoral Landslide

As we covered last Wednesday for Newsmax.com, America’s likely voters are souring on President Joe Biden and the Democratic Party as a whole.

Boris Johnson to Face-Off with Amazon Founder Jeff Bezos Over E-Commerce Giant’s Low UK Tax Payments

Amazon’s relatively low tax bill in the UK has been a contentious issue for years. As online sales soared, driven by the COVID-19 restrictions adopted in 2020, the company nevertheless displayed a tax-to-turnover ratio of just 0.37 percent.

Conservatives warned to shun members of the ‘eco-Right’

'You have nothing to gain and everything to lose'

Democrats’ $3.5 Trillion Spending Bill With Tax Increases Would Cause Economic Decline

House Democrats have unveiled a litany of new tax proposals to fund President Joe Biden’s $3.5 trillion federal spending bill, but a new report suggests the spending plan would shrink the economy.

Warming Causes Cooling, Says Climate Scientist

Let's get this right: global warming caused the record cold in Texas last winter.  And the climate will be even colder for decades to come because the climate is warming, so let's spend trillions to make it colder.  Global warming is making us cold, so we need to make it colder, or else the Earth will burn up.

U.S. unemployment claims rise after hitting pandemic low

The number of Americans seeking unemployment benefits moved up last week to 332,000 from a pandemic low, a sign that worsening COVID-19 infections may have slightly increased layoffs.

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