The US and the EU are in a tough spot right now. The US is thinking about putting big taxes, called tariffs, on stuff from Europe. This could make things like cheese, cars, and medicine way more expensive in the US. The EU isn’t happy about this and might put taxes on American goods too, like beef and airplanes. A lot of money is involved here. The US and EU trade a...
After two weeks of striking, Safeway workers in Colorado have finally reached a deal with Albertsons. The union and the company spent a long day negotiating on Friday. Early Saturday morning, they announced a tentative agreement. The deal needs to be approved by the union members, but for now, the strike is over. The agreement includes full healthcare and pension be...
House Republicans, after some initial resistance, have decided to support President Trump's agenda. This decision comes after days of debate and threats to block the bill. The bill, which includes tax cuts and spending increases, has faced criticism from both conservative and moderate Republicans. The House has already taken a crucial step by voting to advance the b...
In Massachusetts, a big problem is growing as sanitation workers go on strike. Over 450 workers from Republic Services, who are part of the Teamsters Local 25 union, have stopped working. They are asking for better pay and benefits. This strike is affecting many towns, leaving trash and recycling piling up. The workers feel they are not being treated fairly. They sa...
Canada recently decided to drop a new digital tax on major US tech companies. This tax was supposed to start on Monday but was scrapped just hours before. The tax would have hit companies like Amazon, Google, Meta, Uber, and Airbnb with a 3% charge on revenue from Canadian users. It would have also applied to past earnings, leaving these companies with a huge $2 bill...
Canada and the U. S. are talking again. Why? Because Canada decided not to tax big U. S. tech companies. This tax was a big deal. It would have hit companies like Amazon, Google, and Meta. The tax was set to start soon, but Canada changed its mind. President Trump was not happy about the tax. He said it was unfair to the U. S. He even stopped all trade talks with Ca...
The Senate recently passed a key vote on a massive tax reform bill. This bill, backed by President Trump, aims to cut taxes by a huge amount: $4. 5 trillion. But the journey to get it passed is not smooth. Republicans are now in a tough spot. They need to convince enough senators to support the bill for its final approval. The majority leader, John Thune, is working...
The clock is ticking on trade negotiations, and the US economy might feel the heat soon. With just over a week left before the 90-day pause on "Liberation Day" tariffs ends, the White House is scrambling to finalize deals. But with only two agreements signed and many more to go, the July 9 deadline seems far-fetched. President Trump has been talking big about trade ...
The US is thinking about taking back some special permits. These permits let American companies sell certain tech gear to big chip makers in China. The main players here are Samsung, TSMC, and SK hynix. They've been using these permits to get equipment for their factories in China. But now, the US might change the rules, making it harder for these companies to get th...
The idea of war with Iran was on the table, but not for long. It was just a few days ago that a U. S. president hinted at a possible military strike on Iran's nuclear sites. The reason given was to allow time for talks, but the window was short. Just two days after the announcement, the president changed his mind and ordered the strikes. The president had been cl...