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Tag: Economic Policy

147,000 jobs added in June as employers push through uncertainty
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Fox Business, Approved, National

147,000 jobs added in June as employers push through uncertainty

By Eric Revell | Fox Business Department of Labor releases closely watched June jobs report The U.S. economy added jobs in June at a faster pace than in recent months, despite economic uncertainty stemming from trade, tax and monetary policy. The Labor Department on Thursday reported that employers added 147,000 jobs in June. That figure was above the estimate of economists polled by LSEG, who projected 110,000 jobs would be added. The unemployment rate ticked down slightly to 4.1%, which was lower than economists' expectations of 4.3%. Job gains in the prior two months were both revised, with job creation in April revised up by 11,000 from a gain of 147,000 to 158,000; and May job gains were revised up by 5,000 from a gain of 139,000 to 144,000. Taken ...
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Colorado Lawmakers Reject Federal Overtime Exemption Prioritizing Revenue Over Relief
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State, Approved, Axios Denver

Colorado Lawmakers Reject Federal Overtime Exemption Prioritizing Revenue Over Relief

By John Frank | AXIOS President Trump's "big, beautiful bill" would make some overtime pay exempt from federal income taxes. Yes, but: Colorado won't do the same. State of play: State lawmakers tucked a little-noticed provision into a lengthy tax bill earlier this year to decouple from federal law when it comes to overtime pay, starting in 2027. This means you'll have to pay Colorado's 4.4% income tax on overtime wages, state legislative analysts confirmed, even with a federal exemption. Context: Colorado typically aligns with federal tax law, meaning if there are tax exemptions at the federal level, they would apply to state taxes. In this case, the state decided to break from federal law if the spending bill passes. What they're saying: Rep. Lorena Garc...
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Joondeph: Is MAGA Still on Track After the Escalator Ride 10 Years Ago?
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American Thinker, Approved, Commentary, National

Joondeph: Is MAGA Still on Track After the Escalator Ride 10 Years Ago?

By Dr. Brian C. Joondeph | Commentary, American Thinker Businessman and T.V. personality Donald Trump descended the golden escalator at Trump Tower in Midtown Manhattan on June 16, 2015 to announce his bid to become president of the United States.  Trump was seen as a novelty candidate, running mainly to boost his ego and promote The Apprentice or his next entertainment project. His polling before the ride was weak. Monmouth University showed Trump at 2%, tied with Carly Fiorina and Lindsey Graham, ahead of only Bobby Jindal and John Kasich. He trailed the rest of the field, including Chris Christie, Marco Rubio, Scott Walker, Jeb Bush, and Ben Carson.  But two months later, in August 2015, the same poll showed Trump with a 26% lead in the Rep...
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The Mile High price tag: Denver now among worst in U.S. for inflation
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Approved, Local, Westword

The Mile High price tag: Denver now among worst in U.S. for inflation

By Catie Cheshire | Westword One study found prices in Denver have spiked significantly in the last two months, outpacing Los Angeles, New York and even Honolulu. Denver has a highly ranked park system and was recently named one of the coolest cities in the country, but living around the Mile High City isn't cheap. According to a new study by WalletHub, the Denver metro has the fifth-worst inflation problem in the United States, with costs rising on a monthly and yearly basis. WalletHub analyzed inflation impacts in 23 major metropolitan areas for the study, lumping together Denver, Aurora and Lakewood. In metro Denver, the change in Consumer Price Index compared to two months ago is 1 percent and the change over the last year is 2.2 percent, WalletHub research s...
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