Opinion | A ‘Millionaire’s Tax’ Is a Tax on Main Street
Wealth taxes like Hawaii’s disproportionately fall on small-business owners. Source link
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This is the main reason some college grads are struggling to find work — and it’s not AI
Remote work, once seen largely as a pandemic-era perk, is hurting young workers’ employment prospects, economists say. Work-from-home arrangements account for 64% of the jump in unemployment among young college graduates since the pandemic, according to new research from the Federal Reserve Bank of New York. It’s harder for managers to train and mentor young workers when they … Read more
Kevin Warsh is now leading the Fed. His main challenge is a doozy.
New Federal Reserve Chair Kevin Warsh could face a rude awakening this week with the release of key inflation data that economists expect to show consumer prices continuing to surge in April. Another hot month for inflation would make it harder for the Fed to deliver the interest rate cuts policymakers were projecting earlier this … Read more
Breaking down main issues discussed at high-stakes summit between Trump and China’s Xi
CBS News national security contributor Samantha Vinograd joins “CBS Mornings” to discuss President Trump’s meeting with Chinese President Xi Jinping and the top issues between the two world leaders, including the war in Iran, trade relations and the U.S. policy on Taiwan. Source link
2 Iranian strikes on towns near Israel’s main nuclear research center injure dozens
Iranian strikes hit two communities near Israel’s main nuclear research center, leaving at least 90 people injured in the southern part of the country. It was the first time Israel’s nuclear research center has been targeted in the war that began three weeks ago. The strikes came hours after Iran’s Natanz nuclear enrichment facility was … Read more