inflation – Page 42 – One America News Network

President Joe Biden, second right, greets supporters during a visit to a campaign field office, Monday, March 11, 2024, in Manchester, N.H. (AP Photo/Evan Vucci)

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.

An eagle tops the U.S. Federal Reserve building's facade in Washington, July 31, 2013. REUTERS/Jonathan Ernst/File Photo

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.

Worker wearing a face mask works on a production line manufacturing bicycle steel rim at a factory in Hangzhou, Zhejiang

US manufacturing sector struggling to recover -ISM

U.S. manufacturing slumped further in February, with a measure of factory employment dropping to a seven-month low.

Apple cancels work on electric car, source says

Apple has canceled work on its electric car, a source familiar with the matter told Reuters on Tuesday, a decade after the iPhone maker kicked off the project.

NORTH MIAMI, FL - MAY 23: Customers walk out of Macy's the day after the company announced that the 56 Burdines stores and the seven Macy's stores in Florida all will operate under the combined name of Burdines-Macy's May 23, 2003 in North Miami, Florida. The union is part of a strategy by parent company Federated Department Stores to use the national marketing clout of the Macy's name and take advantage of larger buying power. All of Federated's regional department store chains will make similar moves. The Miami-based Burdines will actually be the last one to be converted to the same name. (Photo by Joe Raedle/Getty Images)

Macy’s Closing 150 Stores By 2026, Pivoting To Luxury Sales

Macy’s plans to close almost 150 locations nationwide in order to move towards leaning more heavily on its luxury Bloomingdale’s and Bluemercury chains.

NATIONAL HARBOR, MARYLAND - FEBRUARY 22: Attendees arrive to the main ballroom for the start of the General Session of the Conservative Political Action Conference (CPAC) at Gaylord National Resort Hotel And Convention Center on February 22, 2024 in National Harbor, Maryland. Attendees descended upon the hotel outside of Washington DC to hear from conservative speakers from around the world who range from journalists, U.S. lawmakers, international leaders and businessmen. Republican presidential candidate and former U.S. President Donald Trump will deliver remarks to attendees on Saturday. (Photo by Anna Moneymaker/Getty Images)

Bobby Eberle Recaps CPAC 2024

CPAC is this week and topics of Border Security, Gang Violence, and Inflation were the main themes this year.