The economic proposals put forth by former President Donald Trump and Vice President Kamala Harris have been subject to scrutiny by experts. According to studies from the nonpartisan Penn Wharton Budget Model, Trump’s proposals would result in an increase in federal deficits by $5.8 trillion over the next decade, significantly higher than Harris’ proposals, which
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Amazon aggregators Branded and Heyday have announced their plans to merge, creating a new entity called Essor. This move comes as the e-commerce industry continues to witness consolidation following the surge in online shopping during the Covid era. The CEO of Heyday, Sebastian Rymarz, expressed excitement about the merger in a note to staff, highlighting
The Harris campaign recently announced a major fundraising milestone, reporting that it and its allies raised an impressive $40 million following Vice President Kamala Harris’ speech at the Democratic National Convention. This brings the total amount of money raised for Harris’ election efforts to a staggering $540 million since President Joe Biden exited the race
Boeing announced that its Starliner capsule will be returning from the International Space Station (ISS) without the NASA astronauts it delivered to orbit in early June. This decision marks a significant change as NASA and Boeing had initially planned for Starliner to be the primary choice for returning the crew. However, due to issues, particularly
Chinese electric vehicle manufacturers have been blocked from the U.S. market due to tariffs, leading them to seek out other opportunities. Mexico has emerged as a prime location for these high-tech cars, with China becoming the leading car supplier to Mexico last year. The Mexican market has been receptive to Chinese EVs, with customers being
Philadelphia Federal Reserve President Patrick Harker recently expressed a strong endorsement for an interest rate cut in September. Speaking at the Fed’s annual retreat in Jackson Hole, Wyoming, Harker made it clear that monetary policy easing is highly likely at the next meeting of officials. This comes after minutes from the last Fed policy meeting
Vice President Kamala Harris has managed to secure an impressive amount of financial support for her White House bid following President Joe Biden’s endorsement. Reports suggest that her campaign, along with affiliated fundraising entities, has raised nearly $500 million since Biden exited the race. This substantial sum is expected to reach close to $600 million
Waymo, the Alphabet-owned driverless vehicle venture, has been making significant strides in the robotaxi industry. According to a recent LinkedIn announcement by co-CEO Tekedra Mawakana, Waymo is now providing over 100,000 paid robotaxi rides per week in the U.S. This number marks a significant increase from the 50,000 weekly paid trips reported just a few
Vice President Kamala Harris has recently proposed raising the corporate tax rate to 28% in order to generate revenue for her ambitious plans as president. This move is seen as a way to ensure that billionaires and big corporations contribute their fair share while also benefiting working people. The increase in the corporate tax rate
President Joe Biden’s upcoming appearance at the Democratic National Convention has taken on a new shape following his decision not to seek a second term. Despite this shift, Biden’s core message remains steadfast. He will endorse Vice President Kamala Harris in his keynote address and emphasize their accomplishments over the last four years. Additionally, Biden