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The U.S. economy added far fewer jobs than expected in October 2024as the unemployment rate remained unchanged at 4.1%. Friday’s jobs report marks the last piece of economic data released before the presidential election. Total nonfarm payroll employment, the number of people employed at all U.S. businesses except farms or the military, was basically unchanged…
In a presidential campaign cycle filled with tax cut proposals, one is loftier than all the rest. Former President Donald Trump has repeatedly floated the idea of getting rid of individual income tax and replacing it with revenue from tariffs. Individual income tax currently provides 49% of the federal government’s annual revenue. “Were you serious…
A newly opened solar panel manufacturing plant in Pataskala, Ohio, is generating hundreds of new jobs. However, its partial Chinese ownership has led to concerns about the U.S. government subsidies supporting it. The factory, operated under a joint venture called Illuminate USA, promises to produce more than 9.2 million solar panels annually. That would make…
No matter who wins the American presidential election next week, European leaders are bracing for a possible shift in trade with the United States. The U.S. and European Union have the largest trade and investment relationship in the world. A senior European diplomat spoke about the potential change in the bloc’s relationship with the United…
With six days until the election, former President Donald Trump stumped in Allentown, Pennsylvania as Vice President Kamala Harris delivered her “closing argument.” We have what each said about what’s at stake next Tuesday. Also, details on what happened after a gunman opened fire from a hotel in Atlanta. These stories and more highlight your Unbiased Updates for Wednesday,…
Last year, the international shipping industry generated 706 million metric tons of CO2 emissions, equal to burning nearly 80 billion gallons of gasoline and hitting pollution levels that would rank this sector as the world’s seventh-largest carbon emitter if it were a country. In an attempt to address this issue domestically, the U.S. government has…
A major political shakeup has taken over Japan. The ruling party failed to win a majority in parliament for the first time in more than a decade. Prime Minister Shigeru Ishiba said he won’t step down, despite the Liberal Democratic Party (LDP) losing the general election Sunday, Oct. 27. Ishiba called a snap election soon after…
As Election Day nears, Vice President Kamala Harris brought out some big names, including Bruce Springsteen, to back her campaign while former President Donald Trump talked border control in two key swing states. And McDonald’s officials say they’ve identified the source of the deadly E. coli outbreak linked to its Quarter Pounders. These stories and more highlight…
The IRS has announced key tax changes for 2025, including adjustments to income tax brackets, standard deductions, and capital gains rates due to inflation. These updates will affect how much Americans pay in taxes when filing in 2026. For income taxes, the top bracket remains at 37%, applying to single filers earning over $626,350 or…
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