Trump Previews Debate Strategy Against Biden’s Economy
Category: Economy Total Views: 102By : Editor Updated: 06-23-2024
Trump Previews Debate Strategy Against Biden’s Economy
The first 2024 Presidential debate between Biden and Trump is scheduled for June 27, 2024. In a recent speech, former president Donald Trump sketched out his debate plan against President Joe Biden's economic policies. Trump attacked Biden's economic policies while he was speaking at the Faith and Freedom Coalition conference. He brought out matters like federal spending and inflation. Trump gave a preview o... Read More
Gasoline Demand Surges to Post-Pandemic Highs in the U.S.
Category: Economy Total Views: 48By : Editor Updated: 06-22-2024
U.S. Crude Oil Achieves Second Consecutive Weekly Gain
Prices of U.S. crude oil increased for the second week in a row. Growing demand for gasoline is the reason behind this increase. Even if prices slightly fell on Friday, the gains still stand. Friday saw a 56 cent drop in oil prices per barrel. All told, though, the weekly increase was almost 2.9%. The oil market is showing a good trend with this rise. The progressive increase points to a strong need for crude oil.
G... Read More
IRS Rejects Billions in Pandemic-Era Tax Credit Claims
Category: Economy Total Views: 59By : Editor Updated: 06-22-2024
IRS to Reject Billions in Pandemic-Era Small Business Tax Credit Claims
Claimants pertaining to a tax break during the pandemic are expected to have billions of dollars denied by the IRS. Known by its acronym, the employee retention credit (ERC), this tax break was created to help small companies during the Covid-19 outbreak. September saw the IRS stop accepting new applications because of a sharp rise in dubious claims. This moratorium will be extended, the agency has decided. Ov... Read More
Casual Dining Gains Ground Amid Rising Fast-Food Prices
Category: Economy Total Views: 69By : Editor Updated: 06-20-2024
Shift in Fast-Food Customers to Casual-Dining Chains
Consumers turning to casual dining chains are irate about high fast-food prices. This tendency shows how people are becoming more and more value and quality conscious. Chains that specialize on casual dining provide a more laid-back eating experience. They also serve food of higher caliber than fast food restaurants. Customers are looking for cheaper options to the escalating prices of fast food. Chains of casual dining are risi... Read More
Geopolitical Risks and Inventory Build Impact Oil Prices
Category: Economy Total Views: 70By : Editor Updated: 06-19-2024
Oil Prices Remain Steady Amid Market Uncertainty
Wednesday saw little change in oil prices. They maintained about their highest points over the course of seven weeks. The market is debating worries about growing hostilities. Unexpected increases in US crude inventories have also raised concerns about demand. These elements are adding to the degree of uncertainty that exists now in the market.
Brent Crude Futures Edge Lower Ahead of Expiry
September Brent crud... Read More