New York Lt. Gov. Brian Benjamin is amassing a campaign war chest that could fend off a primary challenger and help finance future campaigns. Benjamin is up for reelection in
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Incoming New York mayor Eric Adams vows to take first three paychecks in bitcoin
New York City mayor-elect Eric Adams plans to take his first three paychecks in bitcoin. "NYC is going to be the center of the cryptocurrency industry," Adams shared in a
Continue reading »Democrats are proposing a billionaires income tax—here's how it would work
Senate Democrats have released details on their proposed billionaires income tax, or BIT, which would effectively change how capital gains are taxed for the richest Americans and help fund President
Continue reading »Here's what's in the Democrats' $1.85 trillion Build Back Better plan
After weeks of back and forth, President Joe Biden released a new framework for his Build Back Better (BBB) agenda Thursday, which includes approximately $1.85 trillion of investments to combat
Continue reading »Here’s why Democrats’ proposed elimination of Roth conversions for the wealthy doesn’t start until 2032
House Democrats proposed a prohibition on converting pre-tax IRA and 401(k) plan funds to Roth savings for wealthy taxpayers. The repeal on such Roth conversions would start after a decade,
Continue reading »The politics of court-packing
Fox News Flash top headlines for October 19 Fox News Flash top headlines are here. Check out what’s clicking on Foxnews.com. If you can’t beat ‘em, pack the court. Liberals
Continue reading »Klarna strengthens credit checks in the UK as regulators crack down on ‘buy now, pay later’
Klarna said it is introducing a number of changes in the U.K. including stronger credit checks and the ability to make instant payments. The company is one of the largest
Continue reading »Justice Department will ask Supreme Court to block Texas abortion law for now
The Department of Justice said Friday it will ask the Supreme Court to effectively block the enforcement of a restrictive Texas abortion law while legal disputes play out. That law
Continue reading »Texas Gov. Abbott issues order banning Covid vaccination mandates in rebuke of Biden
Texas Gov. Greg Abbott issued an executive order on Monday prohibiting any entity, including private businesses, from imposing Covid-19 vaccination requirements on employees or customers. "The COVID-19 vaccine is safe, effective, and
Continue reading »IMF boss Georgieva risks losing her job over China bias claims. Here's what you need to know
A report published in September said that during her time at the World Bank, "Georgieva became directly involved in efforts to improve China's ranking [in the Doing Business Report]." In
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