The Senate Monday voted 69-27 to allow, for the first time, states to collect billions of dollars in online sales tax revenue from out-of-state purchases. It’s a major victory for retail groups and state govternments who say as much as $23 billion in annual taxes from online sales go uncollected. Supporters hope the overwhelming vote [...]
You may soon have to pay to watch videos on YouTube. The video site, owned by Google, is set to launch a paid-for subscription service later this week that will charge users to access content on some of its specialist channels.
he Dow and S&P 500 finished at record highs as investors cheered the latest report on the U.S. job market. The Dow Jones industrial average rose more than 140 points for the day and closed below the 15,000 level that was crossed for the first time earlier Friday. The S&P closed above 1,600.
The unemployment rate has dipped to 7.5 percent, the Labor Department says. That after a couple of months of stalled rebounding of the economy. But that only represents 165,000 new jobs nationwide. And doesn’t take into consideration people out of work who no longer qualify for unemployment benefits.
Consumer confidence in the U.S. was expected to rise in April. But it shot up to a five-month high. Much greater than had been anticipated.
The government has released figures that show that, in February, there was a rapid rise in home prices. An indication that the economy is improving.
The death of more than 300 people in a garment building collapse in Bangladesh has renewed concerns about the conditions of workers who make clothing for some of the biggest brands in the Western world, including Canada’s Joe Fresh. But analysts say the supply chain of the modern garment industry makes it hard for consumers to [...]
The furloughs of FAA control tower workers are coming to an end. The House today following the lead of the Senate, ending furloughs that were forced by sequestration. Furloughs that, this week, caused delays at many major airports.
The protests were over Spain’s economic policies. The cops stepped in. And there were confrontations. In the end, nearly 30 demonstrators were injured.
By VICTORIA JONES Talk Radio News Service WASHINGTON – President Obama is reaching out to Republican senators – the most receptive participants from his recent “charm-offensive” dinners – to jump-start talks to reach a “grand bargain” on entitlements, spending and taxes, White House and congressional officials say. Obama has personally pressed congressional leaders for another [...]