Business
Trump admin strikes deal with Russia, Ukraine to secure Black Sea shipping
Both statements asserted that the respective parties were committed to a "durable and lasting peace."
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US economy slowed to 2% rate last quarter amid COVID, supply chain issues
Slowdown attributed to spike in COVID-19 cases that began near start of the quarter, ongoing supply chain problems
Business
California laws, drought, and fire could increase utility bills
California taxpayers could face higher utility bills, says Fitch Ratings report
Business
AOC: Tie final reconciliation bill to infrastructure bill, 'mere framework' not enough
House Majority Leader Steny Hoyer says a reconciliation deal will be announced soon.
Business
Maduro’s regime increases the price of subsidized gasoline by 1.900%
The increase in gasoline prices in Venezuela was introduced after the currency change of October 1.
Business
Twitter CEO Jack Dorsey stokes 'hyperinflation' fears
Twitter CEO Jack Dorsey stirred up more fears around inflation with his comments over the weekend saying that hyperinflation is “happening.” “Hyperinflation is going to change everything,” the tech leader posted on Twitter. “It’s happening.”
Business
California unemployment claims one-third of nation’s total
California added only 47,400 jobs in September, a stubborn statistic that is poking at Gov. Gavin Newsom’s theme of the state “roaring back” from the COVID-19 pandemic. The California Employment Development Department released its September jobs numbers Friday,
Business
California town hits $7.59 per gallon of gas
A local news station reports that regular unleaded gasoline costs $7.59 per gallon, while premium gas costs $8.50 per gallon.
Business
Bipartisan bills aims to restore tax incentives for business development
A bipartisan bill aims to revive a killed business subsidy incentive that they say will spur new job creation in Michigan. State Reps. Mark Tisdel, R-Rochester Hills and Angela Witwer, D-Delta Township, introduced House Bills (HB) 5425 and 5426 that aim to form the
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Florida Governor to ships at sea: ‘Reroute your thinking’
Florida Gov. Ron DeSantis says Florida’s 15 ports and $117 billion maritime trade industry can save Christmas. “We have to make sure people can go Christmas shopping as normal. We have to make sure all the necessities are there,” DeSantis told reporters as he toured
Business
Biden revises IRS monitoring plan, banks still opposed
The Biden administration is making changes to its plan to require banks to report to the IRS on all accounts with at least $600, but banks say those changes are not enough. Biden has pitched increasing federal tax revenue through more auditing and a stricter IRS as a