Report: Sinema Digs In Heels To Oppose Corporate Tax Hike While Blocking Reconciliation

Report: Sinema Digs In Heels To Oppose Corporate Tax Hike While Blocking Reconciliation

This post was originally published on this site At least part of the standstill over Democrats’ $3.5 trillion reconciliation bill is still rooted in Sen. Kyrsten Sinema’s (D-AZ) refusal to up taxes on corporations and wealthy Americans, according to Insider.

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Inflation Sets Off Alarms Around the World

Inflation Sets Off Alarms Around the World

This post was originally published on this siteMore than a dozen central banks have raised interest rates but two that haven’t are those that loom largest over the global economy: the Federal Reserve and the European Central Bank.

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Consumer Spending Seems Steady Amid Supply Crunch

Consumer Spending Seems Steady Amid Supply Crunch

This post was originally published on this siteEconomists estimate that retail sales rose 0.5% last month, as U.S. consumers continue to spend despite supply constraints causing a shortage of vehicles and other goods.

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The White House steps in to unclog the overwhelmed shipping industry

The White House steps in to unclog the overwhelmed shipping industry

This post was originally published on this siteGlobal supply chain issues have hampered the economic recovery. The Biden administration is trying to fix some of those issues through deals with the private sector.

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