President Joe Biden’s administration released in March its proposed $6 trillion federal government budget for the 2023 fiscal year that begins in October. Among the proposals is raising the statutory corporate income tax rate from 21% to 28% after Republicans and President Donald Trump slashed that rate from 35% to […]

Home prices have skyrocketed over the last two years. Prices have continued to rise to record levels recently. This may change soon, as a surge in mortgage rates has made homes more expensive. There were several causes of the run-up in home prices. One was historically low mortgage rates. Another […]

Rents across the country have gone through a period of historical growth in the past two years. According to real estate research firm CoStar Group, rents in the U.S. rose 11.3% last year. In contrast, over the previous five years, gross rents increased by 18.1%.  Rising rent prices are the […]

The American housing market took off during the early months of the COVID-19 pandemic. The homeownership rate – or the share of housing units occupied by their owner – jumped by 2.6 percentage points from the first quarter to the second quarter of 2020, by far the largest increase ever […]

New York (CNN Business)When you crack open a cold one this summer, you may be drinking something other than beer. Drinkers will be tempted with a wide variety of new boozy beverages hitting shelves, with big brands expanding their portfolios to offset slowing beer sales. Canned cocktails and spiked seltzers […]

After failing to sustain an initial move to the upside, stocks have shown a substantial downturn over the course of the trading day on Friday. With the sharp pullback on the day, the major averages have once again fallen to their lowest intraday levels in over a year. The major […]

Less than 150 days into 2022, there have been a reported 213 mass shootings in the United States. The latest massacre claimed the lives of 21 Americans, including 19 children, at an elementary school in Uvalde, Texas. The incident, which is the deadliest school shooting in the U.S. in nearly […]

Asian and European equity markets rebounded, as a cut in the Loan Prime Rate by China bolstered hopes of an economic recovery. Wall Street Futures are also reflecting the increase in positive sentiment. The Dollar Index stayed flat as demand for the safe-haven dollar remained sluggish. Bond yields hardened across […]

In a bid to protect the domestic paper industry, the commerce and industry ministry on Thursday said it has decided to make registration compulsory for importing major paper products such as newsprint, handmade paper, envelopes, among others. All imports arriving on or after October 1 will be governed by the […]

EXCLUSIVE: Mina Sundwall (Lost in Space) and Michael Cimino (Love, Victor) have been set to lead the thriller podcast series Jane Anonymous, which will premiere exclusively on Apple Podcasts and the Fictionz App. The series based on the novel of the same name by Laurie Faria Stolarz (Blue is for […]