Syracuse, NY…Former President Trump was not alone in having returns he filed while he was President allegedly escape detailed scrutiny by the Internal Revenue Service (IRS). While the 2022 Inflation Reduction Act provides the IRS with a large expansion of future funding to beef up audits of the rich, last year IRS revenue agents were only able […]
Sacramento, CA…The Department of Water Resources (DWR) today conducted the first snow survey of the season at Phillips Station. The manual survey recorded 55.5 inches of snow depth and a snow water equivalent of 17.5 inches, which is 177 percent of average for this location. The snow water equivalent measures the amount of water contained […]
New York, NY….The markets have the jitters today after the Federal Reserve continued to raise interest rates and increasing recession fears.
Washington, DC…Recent indicators point to modest growth in spending and production. Job gains have been robust in recent months, and the unemployment rate has remained low. Inflation remains elevated, reflecting supply and demand imbalances related to the pandemic, higher food and energy prices, and broader price pressures. Russia’s war against Ukraine is causing tremendous human […]
Everett, WA…747 left the company’s widebody factory in advance of its delivery to Atlas Air in early 2023. “For more than half a century, tens of thousands of dedicated Boeing employees have designed and built this magnificent airplane that has truly changed the world. We are proud that this plane will continue to fly across […]
Sacramento, CA…Following unexplained gas price hikes that led to record profits for Big Oil, Governor Gavin Newsom and Senator Nancy Skinner (D-Berkeley) unveiled a proposed price gouging penalty on oil companies’ excess profits to deter excessive price increases and keep money in Californians’ pockets. The language of the proposed price gouging penalty can be found here. […]
Washington, DC…Total nonfarm payroll employment increased by 263,000 in November, and the unemployment rate was unchanged at 3.7 percent, the U.S. Bureau of Labor Statistics reported today. Notable job gains occurred in leisure and hospitality, health care, and government. Employment declined in retail trade and in transportation and warehousing. This news release presents statistics from […]
Bay City, Michigan…Hello, Michigan! (Applause.) Hello, hello, hello, hello! I’ll tell you what: I — if I — my mom is looking down from Heaven and saying, “Apologize to these people because you have their — you have their back to them.” I apologize — (laughter) — because I’m going to be talking that way. […]
Washington, CA…Nearly $200 billion in life insurance and annuity benefits provided families and retirees with financial security. New data from the American Council of Life Insurers (ACLI) shows that life insurance companies paid $100 billion to beneficiaries of life insurance policies and $97.7 billion to annuity holders in 2021, both record highs for a single […]
Burbank, CA…The Walt Disney Company (NYSE: DIS) announced today that Robert A. Iger is returning to lead Disney as Chief Executive Officer, effective immediately. Mr. Iger, who spent more than four decades at the Company, including 15 years as its CEO, has agreed to serve as Disney’s CEO for two years, with a mandate from […]
