A district court ruled that American Airlines did not prioritize the financial interests of its employees' retirement funds and instead focused on environmental, social, and governance (ESG) goals.
Raleigh is the only city in North Carolina to receive funding in the latest round of electric vehicle (EV) infrastructure grants from the Biden administration. The $635 million in grants, part of the $1.2 trillion Infrastructure Investment and Jobs Act of 2021, includes $2.4 million for the deployment of 56 EV charging ports across the city.
Pennsylvania’s steel industry faced significant challenges this year as federal decisions threatened operations at two major companies: Cleveland-Cliffs and U.S. Steel. While Gov. Josh Shapiro joined bipartisan efforts to protect Cleveland-Cliffs’ Butler County plant, his neutrality on the U.S. Steel merger has drawn criticism from state lawmakers and workers.
Political commentator Mike Cernovich called for President-elect Donald Trump to intervene in the state of California to reconstruct its policies to benefit its citizens.
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.
U.S. Treasury Secretary Janet Yellen acknowledged in a CNBC interview that the Biden administration's pandemic stimulus spending may have contributed “a little bit” to inflation.
President-elect Donald Trump addressed the nation Tuesday in his first press conference since Congress certified his election victory. Speaking from his Mar-a-Lago estate, Trump unveiled a series of economic initiatives, including a $20 billion investment in U.S. data centers and plans to reverse President Biden's restrictive energy policies.
President-elect Donald Trump announced plans to rename the Gulf of Mexico to the "Gulf of America," describing the move as both symbolic and fitting. Trump made the statement during a press conference at Mar-a-Lago, his first public appearance since Congress certified his victory over Vice President Kamala Harris.
