Tag: US Finance
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Whirlpool Company Shares Fall After Profits Exceed Expectations But Sales Drop
Whirlpool Company beat projections for earnings, but quarterly sales dropped from last year because of promotional sale activity. The Whirlpool Company repeated its 2023 guidance The Whirlpool Company beat profit expectations, but quarterly sales fell because of the promotional activity of the Whirlpool Company. The Whirlpool Company reiterated its 2023 guidance. The Whirlpool Company…
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Number of Migrant Children That Are Considered As Illegal Child Workers Has Spiked to 44% According to Labor Department
Over the past 10 months, there have been 44% more children discovered working illegally in the U.S. The Labor Department made the statement on Capitol Hill on Wednesday as a group of legislators from both parties accused federal officials of not doing enough to safeguard unaccompanied migrant children from abuse. According to a Labor Department…
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0.4% Sales Tax Increase Approved by the Milwaukee County Board of Supervisors through 15-3 votes
In an effort to avoid harsh service cuts, the Milwaukee County Board of Supervisors overwhelmingly authorized a 0.4% sales tax increase and modifications to the county’s pension system on Thursday. In a full board meeting, the supervisors voted 15-3. It needed to be approved by two-thirds of the district supervisors, or 12 of the 18…
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Over 7,400 Defrauded Borrowers From CollegeAmerica Secures Debt Relief: A Small Group Of Borrowers Are Set To Have Their Outstanding Debt Canceled.
Attorney General of Colorado Phil Weiser applauded the US Department of Education’s news today that 7,400 students, or defrauded borrowers, who attended CollegeAmerica sites in Colorado between January 1, 2006, and July 1, 2020, will receive $130 million in automatic loan forgiveness. There won’t be widespread student loan forgiveness, but a small number of individuals…
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Rep. John Garamendi is skeptical of the ‘mysterious’ buyer of land worth $800M near Travis AFB; “Who are these people?”
The United States Air Force is looking into a corporation that bought land for $800 million close to Travis Air Force Base, one of the most important defense facilities in the country. However, after eight months of research, investigators have been unable to establish who is responsible or rule out any threat to national security.…
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Former Treasury Secretary Larry H. Summers Warns About Economic Policies by the Biden Administration
Former Treasury Secretary Larry H. Summers says he generally supports President Joe Biden’s economic policies, but he is concerned about the White House’s emphasis on industrial policy and outbound investment constraints, which he describes as nationalistic and “increasingly dangerous.” “I am profoundly concerned by the doctrine of manufacturing-centered economic nationalism,” Larry H. Summers exclaimed Tuesday at a…
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IRS will stop its unannounced visit to homes and businesses: “It is the right thing to do, at the right time”, says IRS Commissioner
In an effort to protect the safety of its employees and combat con artists posing as IRS agents, the Internal Revenue Service announced on Monday that it is stopping its decades-old practice of making unannounced visits to homes and businesses. Revenue officials will no longer make unannounced visits to taxpayers’ homes and businesses, “except in a…
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Despite Of Higher Inflation, Travel Spending Continues To Robust
Travel spending has stayed higher than many economists feared because of higher inflation. But the trend points to more traditional travel spending patterns. Americans no longer have excess savings for travel spending New American banking data said households remain healthier than economists feared. Despite higher inflation, travel spending has continued to surprise. The study…
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Sustainable Clothing of Students From Utah State University is Clicking the Market: Read How They Started and Where You Can Purchase Their Products.
According to this article, biodegradable components made of natural or recycled fibers are used in sustainable clothing. These products use less energy and water, grow without the use of pesticides or fertilizers, and don’t undergo any chemical processing, all of which help to lower their overall carbon footprint. Ellie Cram and Logan James didn’t mince…
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States Sales Tax Holidays: Thinking About Tax-Free Weekend? Check The Sales Tax Holidays For Every State.
Knowing when and how to take advantage of state sales tax holidays might help you save a significant amount of money. This year, several states provide opportunities for discounts throughout July and August, especially if you’re looking for back-to-school-specials. On other things, such as hunting gear, energy-saving appliances, and emergency and weather preparedness equipment, there…