Economic Policies
Economic Policies | LATEST STORIES
‘Zero Emissions’ Freight: Biden Spending $1.5 Billion to Electrify US Trucking Industry
Transitioning commercial truck fleets requires up to $1 trillion in investment and will potentially push up freight rates, an expert warned.
Florida AG Leads Coalition of 25 States Suing Biden Admin Over Emissions Rule
‘We continue to fight Biden’s short-sighted, out-of-touch policies, taking legal action today to protect Americans from these outrageous emissions standards.’
Biden Administration Sued Over ‘Blatant Power Grab’ in Banning Worker Noncompete Agreements
The plaintiff called the ban ‘not only unlawful but also a blatant power grab that will undermine American businesses’ ability to remain competitive.’
Biden Admin Bans Non-Compete Agreements Amid Opposition From Business Groups
The two Republican FTC Commissioners on the panel voted against the rule, which faced opposition from a number of congressional Republicans and business groups.
Higher Than Expected Borrowing Could Imperil Government’s Tax Cut Ambitions
The government is facing a ’tricky choice' between raising taxes to fix public services or stick to its plan and cut taxes further.
Experts Warn About Negative Impacts of Biden Administration’s Oil Restrictions In Alaska
Voice of the Arctic Iñupiat President said the administration is claiming to be ’the most Indigenous friendly‘ but doesn’t ’live up to its own rhetoric.’
Hamilton Island Bans the Root of All Evil: Cold Hard Cash
Is the path to purity paved with plastic cards?
Study Warns Michigan on Track to Join Mississippi, Alabama as Poorest States in Per Capita Income
The study also reported another development with ’very scary implications’—not only for Michigan, but for the entire country.
Over 13,000 Americans Removed From Social Security in March
Social Security funds are running out but citizens can do certain things to increase their benefit checks over the long run.
IMF: UK’s Need to Curb Rising Debt Is ‘Critical’
The IMF has warned that fiscal policy tends to be looser in election years, when governments seek to boost electorate support by announcing tax cuts.
Queensland Locks in 75 Percent Emissions Reduction Target by 2035
The government is also hoping 80 percent of the energy grid will come from renewable sources by 2035.
Six Southern Republican Governors Warn of UAW’s Unionization of Auto Sector
‘We’ve seen it play out this way every single time a foreign automaker plant has been unionized; not one of those plants remains in operation,” they said.
China in Mind: Lawmakers, Industry Urge Biden Admin to Reverse Digital Trade Policy
The Biden administration’s policy shift has eroded American leadership in digital trade, experts warn.
UK Inflation Falls to Lowest Rate in 2.5 Years
Further progress in the battle against inflation boosts expectations of interest rate cuts to be announced by the Bank of England.
Prioritising Economic Security in a ‘Fragmenting’ World: Treasurer
Jim Chalmers says the May 14 budget will place a ’real emphasis on economic security' amidst multiple concerns about the global economy.
Australia to Set up Federal Environmental Protection Agency
The new Environment Protection Agency has the power to impose maximum fines for serious breaches of federal law of $780 million or a jail term of 7 years.
