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Read More »A second Biden term: 3 big consequences – Yahoo Finance
[unable to retrieve full-text content]A second Biden term: 3 big consequences Yahoo Finance Source link
Read More »Nearly half of Americans earning more than $100K now report living paycheck to paycheck — here are the consequences
Nearly half of Americans earning more than $100K now report living paycheck to paycheck — here are the consequences Americans are still grappling with high inflation — the consumer price index was 8.3% in August — and even the wealthy are teetering on the edge. About 6-in-10 Americans were living paycheck to paycheck in August, according to a recent report produced by commerce data platform PYMNTS and personal loans website LendingClub. And even those who earn six-figure incomes are… Source link
Read More »Florida actually dissolving Disney’s special status unlikely since ‘consequences too dire,’ expert predicts
As Disney (DIS) grapples with the aftermath of Florida Governor Ron DeSantis revoking the company’s special tax district, some experts say the dissolution might not even happen. “I don’t think it’s very likely,” said Richard Foglesong, Disney historian and author of the book “Married to the Mouse: Walt Disney World and Orlando.” “Frankly, the consequences are too dire,” Foglesong added. “Already you’re seeing conversations about the real cost of this, and who will pay. From all appearances… Source link
Read More »White House warns of ‘severe consequences’ as Congress cuts COVID aid
After a prolonged back and forth, Congress passed a $1.5 trillion government spending bill last week but dropped from the final package $22.5 billion in pandemic relief that Democrats wanted to include. On Tuesday, the same day as President Joe Biden signed the 2,741-page bill into law, his aides warned that the omission could “have severe consequences as we will not be equipped to deal with a future surge.” The U.S. could soon run out of funding for COVID responses such as booster shots,… Source link
Read More »‘Catastrophic economic consequences’ if debt ceiling not raised by Oct. 18
The United States Congress has a deadline on paying its bills: October 18, 2021. Secretary of the Treasury Janet Yellen said that if Congress does not raise the debt ceiling, the Treasury will run out of emergency funds to pay U.S. debt holders by that date. “Failing to increase the debt limit would have catastrophic economic consequences,” Yellen told the Senate Banking Committee on Tuesday. In August, a statutory limit on federal debt — called the debt ceiling — was reinstated,… Source link
Read More »The Taliban warned of ‘consequences’ if the US extends its military presence in Afghanistan beyond the August 31 deadline
Suhail Shaheen, a Taliban spokesperson. Sergei SavostyanovTASS via Getty Images A Taliban spokesperson said that extending the US withdrawal deadline could provoke a “reaction.” The warning came after Biden said the US could extend its August 31 deadline to help the evacuation. Scenes of chaos and terror have unfolded at Kabul airport after the Taliban seized power. See more stories on Insider’s business page. A Taliban spokesperson warned of “consequences” if the US kept troops in Afghanistan… Source link
Read More »Google CEO warns of ‘unintended consequences’ if Congress kills Section 230
Sundar Pichai, CEO of Google’s Alphabet Inc., on Capitol Hill in Washington, U.S., October 28, 2020. U.S. Senate Committee on Commerce, Science and Transportation/Handout via REUTERS Google CEO Sundar Pichai will join other Big Tech chiefs on Thursday at a Congressional hearing on social media’s role in promoting extremism and misinformation. And in ahead of the hearing, Pichai, whose company also owns YouTube, lays out exactly what Google (GOOG, GOOGL) has done to stanch the flow of such… Source link
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