Kamala Harris’ tax plan could cost U.S. nearly 800k jobs, add $1.7T in tax revenue, study finds
Vice President Kamala Harris’ tax plan could cost the U.S. economy nearly 800,000 jobs, a new analysis by the Tax Foundation finds.
Economy
Remember Tupperware? The decades-old, iconic kitchen staple company has filed for bankruptcy
Tupperware Brands Corporation has filed for bankruptcy, just months after the iconic American food storage container maker shuttered its last remaining plant in the U.S. amid financial woes.
Fed opts for bigger interest rate cut in first downward revision since pandemic
The Federal Reserve on Wednesday cut its interest rate target by a half of a percentage point, the first time the central bank has trimmed rates in over four years.
Fed opts for bigger interest rate cut in first downward revision since pandemic Read More »
CEO of JPMorgan warns US of economic fate worse than recession: ‘The worst outcome’
JPMorgan Chase CEO has laid out the “worst outcome” for America’s economic future, beyond recession.
CEO of JPMorgan warns US of economic fate worse than recession: ‘The worst outcome’ Read More »
Denver ranked as the hottest labor market in the US
Job hunting has never been a fun task. Financial security depends on it; it can take months to maybe even years to find something and there are always so many outside factors affecting the market.
Denver ranked as the hottest labor market in the US Read More »
U.S. borrowing tops $1.9 trillion so far this year
 The federal government borrowed $1.9 trillion in the first eleven months of fiscal year 2024, including $380 billion in August, a startling amount as federal watchdogs sound the alarm on spending.
U.S. borrowing tops $1.9 trillion so far this year Read More »
Mayor Mike Johnston unveils 2025 budget proposal amid cuts due to declining Denver consumer spending
A drop in consumer spending is affecting the city of Denver’s finances. Mayor Mike Johnston unveiled his proposed 2025 budget on Thursday, and as a result of that dip in it includes substantial cuts to programs that he’s passionate about. Â
Cost of living, housing affordability are top concerns for Colorado residents
Cost of living, housing and politics top the list of concerns for Coloradans this year, according to the Colorado Health Foundation’s annual pulse survey.
Cost of living, housing affordability are top concerns for Colorado residents Read More »
Big Lots files for bankruptcy, will close some stores amid sale to investment firm
About three months after Big Lots noted “substantial doubt about the Company’s ability to continue” in a U.S. Securities & Exchange Commission (SEC) filing, the company said on Monday it has secured $707.5 million to support its operations and sell its business to private equity firm Nexus Capital.
Big Lots files for bankruptcy, will close some stores amid sale to investment firm Read More »
Conservative economists pour cold water on Harris’ new small-business tax proposal
Conservative economists are pouring cold water on Vice President Kamala Harris’ new proposal aimed at reducing startup costs for new small businesses as part of her “Opportunity Economy” economic platform.
Conservative economists pour cold water on Harris’ new small-business tax proposal Read More »