Business

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

Business

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