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Senate Rejects Bipartisan Tax Deal
Posted inElections, Senate Income Tax Law and Legislation Lobbying and Lobbyists Presidential Election of 2024 Tax Credits, Deductions and Exemptions Tax Cuts and Jobs Act (2017) United States Politics and Government

Senate Rejects Bipartisan Tax Deal

The legislation would have restored prized tax breaks for businesses and expanded the child tax credit. It had passed the House with broad bipartisan support.
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Posted by By Andrew Duehren
Trump Promises Lower Interest Rates, but the President Doesn’t Control Those
Posted inFederal Reserve System Inflation (Economics) Interest Rates National Assn of Black Journalists Powell, Jerome H Presidential Election of 2024 Trump, Donald J United States Economy United States Politics and Government

Trump Promises Lower Interest Rates, but the President Doesn’t Control Those

The Federal Reserve sets interest rates, and it operates independently of the White House. But rates could come down as inflation cools.
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Posted by By Jeanna Smialek
Bill Ackman Abruptly Withdraws Planned I.P.O.
Posted inBuffett, Warren E Endorsements Gay, Claudine Harvard University High Net Worth Individuals Initial Public Offerings Pershing Square Holdings Presidential Election of 2024 Trump, Donald J

Bill Ackman Abruptly Withdraws Planned I.P.O.

The announcement came a day after he had scaled back the expected size of the offering.
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Posted by By Maureen Farrell
UAW Endorses Kamala Harris for President in 2024 Race
Posted inBiden, Joseph R Jr Democratic Party Fain, Shawn Harris, Kamala D Organized Labor Presidential Election of 2024 Trump, Donald J United Automobile Workers

UAW Endorses Kamala Harris for President in 2024 Race

The United Automobile Workers had backed President Biden but did not immediately endorse the vice president. Ms. Harris will rally with U.A.W. members in Detroit next week.
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Posted by By Nicholas Nehamas and Noam Scheiber

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