When the Republican Party takes control of the federal government next month, it will have to choose whether to extend the tax cuts it enacted in 2017 or let them expire next year.
Author: admin
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U.S. ECONOMY ADDS 227,000 JOBS IN NOVEMBER
Employers took on another 227,000 workers in November, indicating a strong but not overheated jobs market.
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PRODUCTIVITY GAINS BOOST U.S. GDP GROWTH
The U.S. economy has undergone a boom in productivity, the amount of work accomplished per worker, the U.S. labor department reported.
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GAZA DEATH TOLL
Israel continues to kill Gazans, with the death toll hitting 44,786 on Tuesday, along with 106,188 wounded and 11,000 missing.
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NO MANDATE: JOHNSON LEADS HOUSE WITH SLIM MARGIN
House Speaker Mike Johnson saw another seat go to Democrats last week, closing the gap between parties once more and giving Republicans only a 220-215 majority in the body, despite claims by Donald Trump and his acolytes that his party won with a resounding mandate from Americans.
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MAJORITY OF AMERICAN JEWISH VOTERS BACKED HARRIS, BUT TRUMP MADE INROADS
U.S. President-elect Donald Trump billed himself as the most pro-Israel candidate to ever run for the country’s top office, and while recent polls showed he made gains among American Jews, Vice President Kamala Harris managed to easily win the vote last month.
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TRUMP SELECTS KEY CRYPTO ADVOCATE FOR TOP SEC JOB
U.S. President-elect Donald Trump announced last week that he asked Paul Atkins, who worked for George W. Bush administration and seen as a big advocate for deregulation of crypto currencies, to lead the Securities and Exchange Commission.
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NEW RESEARCH LINKS ULTRA-PROCESSED FOOD TO FAT IN MUSCLES
Researchers in Turkey and the U.S. found evidence linking ultra-processed foods to muscle fattiness, regardless of calorie intake and believe that the culprit is the industrial addition of flavorings packed in the food.
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BLINKEN WANTS UKRAINE TO START DRAFTING YOUNGER RECRUITS
U.S. Secretary of State Antony Blinken made it clear last week that the Biden administration wants Ukraine to lower its conscription age so it can pull together the manpower to try and take on the advancing Russians.
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INVESTORS SHOVEL $139.5 BILLION INTO STOCK FUNDS AFTER TRUMP’S WIN
Following the 5 November U.S. election, investors poured $139.5 billion of new money into U.S. stock funds, assuming a Trump administration will cut taxes and clear away regulations to boost corporate profits, the Financial Times reported.