On January 16, 2025, Senator Ted Cruz (R-TX) reintroduced the bipartisan "No Tax on Tips Act," aiming to exempt gratuities from federal income taxation.
Scott Bessent, nominee for Treasury Secretary under the incoming Trump administration, is set to outline a bold economic agenda during his Senate confirmation hearing Thursday. According to prepared remarks, Bessent will emphasize the need to permanently extend the 2017 Tax Cuts and Jobs Act while advancing new policies to reduce the tax burden on manufacturers, service workers, and seniors.
Coca-Cola CEO James Quincey presented President-elect Donald Trump with a personalized Diet Coke bottle on Tuesday to commemorate his upcoming inauguration. The gift continues Coca-Cola’s tradition of marking U.S. presidential inaugurations with specially branded bottles.
China’s 2025 Spring Festival travel rush, the world’s largest annual human migration, began Tuesday, with officials projecting a record 9 billion trips over the 40-day period known as chunyun. Centered on Lunar New Year, which falls on January 29, the season runs through February 12, culminating in the Lantern Festival.
The New York Times editorial board proposed a sweeping plan to resolve America’s immigration challenges, advocating for increased legal migration while sidelining concerns of many Americans. The op-ed, titled “A Big Idea to Solve America’s Immigration Mess,” frames migrants as essential for economic growth while casting native-born Americans as a declining population incapable of meeting labor demands.
President Joe Biden delivered a speech at the State Department on Monday, reflecting on his foreign policy achievements as his presidency enters its final week.
Dr. Ngozi Ezike, former head of the Illinois Department of Public Health (IDPH) who oversaw the state's response to the COVID-19 pandemic, has been fined $150,000 for violating Illinois' ethics laws.
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.
