Economy

“Harris proposes raising the corporate tax rate to 28%, rolling back a Trump law”

“Vice President Kamala Harris is calling for raising the corporate tax rate to 28%, her first major proposal to raise revenues and finance expensive plans she wants to pursue as president…” https://www.cnbc.com/2024/08/19/harris-proposes-raising-the-corporate-tax-rate-to-28percent-rolling-back-a-trump-law.html Americans are overtaxed as is. We’re being robbed… Continue Reading…

Economy

“Labor Day Travel Seen Climbing 9% After Record US Summer”

“Bookings for domestic travel over the US Labor Day weekend are up 9% from last year, according to motor club AAA. While the estimate only includes travel booked through AAA, the data adds to a sanguine picture for summer fuel… Continue Reading…

Economy

“Fed Confronts Up to a Million US Jobs Vanishing in Revision”

“US job growth in the year through March was likely far less robust than initially estimated, which risks fueling concerns that the Federal Reserve is falling further behind the curve to lower interest rates.   Goldman Sachs Group Inc. and… Continue Reading…

Economy

“The Wealthy Are Bringing Big Money and Luxurious Lodges to Maine’s Lakes”

““On a clear day, you can see the top of Mount Washington,” says Joanne Ricciardiello, peering through a curtain of towering oak and pine trees that surrounds her newly built, roughly 4,300-square-foot home on Maine’s Sebago Lake.  She walks down… Continue Reading…

Economy

“Annual inflation rate slows to 2.9% in July, lowest since 2021”

“The consumer price index, a broad-based measure of prices for goods and services, increased 0.2% for the month, putting the 12-month inflation rate at 2.9%, its lowest since March 2021. Excluding food and energy, core CPI came in at a… Continue Reading…

Economy

“Inflation milestone: Consumer Price Index slows below 3% for first time since March 2021”

“Price hikes slowed more than expected in July, and, for the first time in more than three years, the Consumer Price Index has landed below 3%. That paves the way for the Federal Reserve to cut rates next month after… Continue Reading…