Socialist Senator Bernie Sanders introduced a bill on Wednesday that would establish a standard four-day workweek in the United States without reduction in pay.
Read More Bernie Sanders’ New Bill Would Allow Americans To Work Only 32 Hours A Week
Tag: inflation
US retail sales miss expectations; producer prices accelerate
Consumer spending appeared to be slowing in the first quarter amid rising inflation and high borrowing costs.
Read More US retail sales miss expectations; producer prices accelerate
Inflation Increases to 3.2% in February
The latest Consumer Price Index report for February is in, showing an unexpected increase in annual inflation to 3.2 percent, exceeding analysts’ predictions of 3.15 and marking a notable increase from January’s figures.
Read More Inflation Increases to 3.2% in February
Dollar Tree And Family Dollar Announces Closure Of Nearly 1,000 Stores
The retail store Dollar Tree has announced that they are closing almost 1,000 stores across the United States between its namesake general discount stores and subsidiary chain, Family Dollar.
Read More Dollar Tree And Family Dollar Announces Closure Of Nearly 1,000 Stores
Biden Unveils Massive $7.3T Budget With $5.5T In Tax Hikes, Highest Taxes In U.S. History
President Joe Biden has revealed his election-year budget plan, which calls for $5.5 trillion in tax increases by raising rates on prosperous companies, which includes billionaires to pay a minimum 25% tax rate.
Read More Biden Unveils Massive $7.3T Budget With $5.5T In Tax Hikes, Highest Taxes In U.S. History
Fed to start rate cuts in June; risk fewer delivered this year
The U.S. Federal Reserve will cut its key interest rate in June, according to a stronger majority of economists in the latest Reuters poll.
Read More Fed to start rate cuts in June; risk fewer delivered this year