United Airlines CEO Scott Kirby backed national wealth and inheritance taxes in an interview published Sunday, arguing they would help level the playing field for Americans. Kirby told The New York Times that wealth inequality “has become a danger to our society,” adding the federal government must “address” it. “We should have a national wealth…
United Airlines CEO Scott Kirby backed national wealth and inheritance taxes in an interview published Sunday, arguing they would help level the playing field for Americans. Kirby told The New York Times that wealth inequality “has become a danger to our society,” adding the federal government must “address” it. “We should have a national wealth…
The Saudi government has postponed its annual investment conference — known colloquially as “Davos in the Desert” — to next year, after the Iran-backed Houthi rebels carried out multiple deadly attacks on Saudi Arabia earlier this month. Organizers at the Future Investment Initiative (FII) Institute postponed the 10th edition of the conference, which was set…
The Saudi government has postponed its annual investment conference — known colloquially as “Davos in the Desert” — to next year, after the Iran-backed Houthi rebels carried out multiple deadly attacks on Saudi Arabia earlier this month. Organizers at the Future Investment Initiative (FII) Institute postponed the 10th edition of the conference, which was set…
Kevin Hassett, the director of the National Economic Council (NEC), dismissed recent polling Monday, instead arguing the U.S. economy is “in a boom.” During an interview on CNBC’s “Squawk Box,” Hassett said consumer spending indicates the economy remains strong. “If economic polls … were correct, then people wouldn’t be taking trips to nice hotels, they…
Kevin Hassett, the director of the National Economic Council (NEC), dismissed recent polling Monday, instead arguing the U.S. economy is “in a boom.” During an interview on CNBC’s “Squawk Box,” Hassett said consumer spending indicates the economy remains strong. “If economic polls … were correct, then people wouldn’t be taking trips to nice hotels, they…
JPMorgan Chase CEO Jamie Dimon said in an interview published Monday that the U.S. economy, while performing well, has to fend off “inflationary” events. “The American economy is kind of booming right now. It’s good times,” Dimon told Alan Murray of The Wall Street Journal Leadership Institute. Dimon noted that corporate profits are “way up,”…
JPMorgan Chase CEO Jamie Dimon said in an interview published Monday that the U.S. economy, while performing well, has to fend off “inflationary” events. “The American economy is kind of booming right now. It’s good times,” Dimon told Alan Murray of The Wall Street Journal Leadership Institute. Dimon noted that corporate profits are “way up,”…
Democratic Sen. Elizabeth Warren (Mass.) on Sunday warned against a merger between Sysco and Restaurant Depot, arguing it could lead to an increase in restaurant prices. “Watch out: going out to eat at your favorite restaurant could become even more expensive,” Warren wrote on the social platform X. “The Trump administration might approve a merger…
Recent data paints a bleak picture of the economy, lending Republicans another blow as midterm early voting is underway. Annual inflation, as measured by the consumer price index (CPI), rose from 3.4 percent in August to 3.7 percent in September, the Bureau of Labor Statistics (BLS) reported Wednesday. A day later, the BLS reported wholesale…
An international oil benchmark hit $110 per barrel on Friday, as the industry faces persistent shocks from the U.S.-Iran and Russia-Ukraine wars. The price of Brent crude oil, the international standard, hit $110 during Friday trading. That marked the first time it has reached that high since May 20, less than three months after the…
President Trump’s primary legal fund is more than $1.9 million in debt, according to its latest filing with the Federal Election Commission (FEC). Save America PAC, which Trump formed after he lost the 2020 presidential election, spent more than $5.4 million in the third quarter and had spent more than $14 million from the start…
Federal Reserve Chair Kevin Warsh declined Friday to predict central bank officials’ future course on interest rates, less than two weeks before they meet to discuss monetary policy. “I don’t prejudge meetings. I don’t believe in saying now what I might do at the meetings that we have in the balance of this year,” Warsh…
Five House Republicans signed on to a letter Thursday urging President Trump to cancel the Russian diesel deal he announced last week. GOP Reps. Don Bacon (Neb.), Brian Fitzpatrick (Pa.), Michael McCaul (Texas), Dan Newhouse (Wash.) and Joe Wilson (S.C.) joined 17 of their Democratic colleagues in writing they were “particularly concerned” about the deal.…
Six in 10 respondents to a recent survey said they were extremely concerned about government corruption, putting it ahead of inflation, healthcare and other issues. Nearly 90 percent of 1,202 respondents to the Fox News poll said they were either extremely or very concerned about government corruption, putting the issue just ahead of inflation and…
Login
