Economy

Fact-Checking the Economic Debate Between Trump and Harris
Economy Fact-Checking the Economic Debate Between Trump and Harris

In an eagerly awaited debate in Philadelphia, former US President Donald Trump and Vice President Kamala Harris sparred over various economic policy issues, including tariffs, inflation, energy, jobs, and the budget. Their exchanges drew considerable attention as both candidates sought to influence

Can Biden's $5 Trillion Tax Plan Address Inequality and Spur Growth?
Economy Can Biden's $5 Trillion Tax Plan Address Inequality and Spur Growth?

Vice President Kamala Harris recently endorsed President Joe Biden's ambitious proposal for $5 trillion in tax hikes, a plan that has sparked notable concern among financial elites and investors. These stakeholders fear the plan might drift too far to the left, particularly with its focus on the

Why Are Tax Compliance Costs Soaring for Large Corporations?
Economy Why Are Tax Compliance Costs Soaring for Large Corporations?

Tax compliance costs for large corporations have surged dramatically in recent years, creating significant financial and administrative challenges. Multinational companies, in particular, are finding it increasingly difficult and expensive to navigate intricate regulations imposed by the evolving

Biden Expected to Block Nippon Steel's $14.9 Billion U.S. Steel Deal
Economy Biden Expected to Block Nippon Steel's $14.9 Billion U.S. Steel Deal

The impending decision by President Joe Biden to block Nippon Steel's proposed $14.9 billion acquisition of U.S. Steel is a matter of significant consequence. This anticipated move is poised to impact numerous aspects, ranging from national security and labor union dynamics to geopolitical

Biden Faces Pressure as U.S. Steel Deal Stirs National Security Debate
Economy Biden Faces Pressure as U.S. Steel Deal Stirs National Security Debate

President Joe Biden is on the brink of making a pivotal decision that could prevent Nippon Steel's proposed $14.9 billion acquisition of U.S. Steel, a move with sweeping implications for the nation’s security, economic policies, and political strategy. The industrial Midwest, in particular, becomes

U.S. Manufacturing Faces Continued Decline, Economic Concerns Grow
Economy U.S. Manufacturing Faces Continued Decline, Economic Concerns Grow

The primary focus of this article is the current state of the United States manufacturing sector, which as of August 2024, remains entrenched in recessionary conditions. This persistent downturn is characterized by a reduction in production output, new orders, supplier deliveries, and export

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