The weaker-than-expected April report fueled speculation of a labor shortage. Officials in two dozen states leveraged the data to argue enhanced federal unemployment benefits were a primary culprit. Read More.
A 15% global minimum corporate tax rate would be a “very significant step forward” that leaves countries enough margin to compete, Organization for Economic Cooperation and Development Secretary General Mathias Cormann said. Read More.
Tesla billionaire Elon Musk, the meme-loving CEO who also leads rocket company SpaceX, has ramped up his support of "joke" cryptocurrency dogecoin in recent months. Read More.
Texas—In a November 2019 election, 76% of Texas voters approved the constitutional amendment to prohibit Texas from imposing any income tax. Read More.
The White House continues to receive heavy pushback on the proposed corporate tax hike that accompanies President Biden’s infrastructure spending plan. Read More.