Why Republicans' main attack on Biden's infrastructure plan doesn't work
CNN
Since Covid-19 erupted last spring, Washington came to the rescue with more than $5 trillion of fiscal stimulus. That unprecedented rescue effort helped prevent the economy from plunging into a depression.
Now, even though inflation is surging and unemployment is shrinking, President Joe Biden is calling for spending another $4.5 trillion on infrastructure, education and childcare. That bold agenda is raising concerns that Democrats are about to overheat an already-booming economy.
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Veterans Day, which commemorates all those who serve in the US military, has been a federal holiday since 1954 and has been observed in some form for over a century — it originally commemorated the end of World War I.
Beijing (Reuters) - Tesla’s sales in China dropped to 26,006 vehicles in October, their lowest in three years, as the U.S. electric vehicle maker struggles with tepid demand in the hyper-competitive market.
It’s a tad early for 2026 predictions, but given how the past few weeks have gone for OpenAI, I’ll offer one of my own: OpenAI isn’t going public. Not in 2026, anyway. Maybe not ever.
The Iraqi government says it can no longer work with Russian oil company Lukoil – which has a huge stake in the country’s oil fields – because of recently imposed US sanctions against the company.
Warren Buffett, in his annual message as CEO of Berkshire Hathaway to shareholders – a tradition dating back to 1965 – said that he will be “going quiet” after he steps down at the end of this year But the 95-year-old is not going away just yet.
The BBC is mired in a massive political fight over its future right now. Trump just joined that battle.
President Donald Trump, embattled by America’s growing affordability problems, has once again floated a unique solution: Sending Americans rebate checks for the tariffs that his administration has collected.
Visa and Mastercard have struck a deal with retailers that would lower fees for merchants, potentially lowering prices but threatening prized consumer rewards.
President Donald Trump keeps trying to make $2 gas “fetch.” As long as gas costs $3 a gallon, that’s not going to happen.
Arguments over the BBC in recent days have certainly been fevered, but then again, those arguments are never-ending, owing to the BBC’s immense power and unique place in public life.
The Federal Reserve’s newest policymaker has an unconventional perspective on the US economy that’s proving tough to sell.
Americans have strong views on paying extra fees and tipping for services, especially at the holidays.
The federal government is ordering flight cuts at 40 major airports because of the shutdown – but it’s flyers in places like Pensacola, Florida; Moline, Illinois; Waco, Texas; and Shreveport, Louisiana who will have it the hardest.