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FTC’s proposed rule would prohibit noncompete clauses for employees

The Federal Trade Commission proposed a rule late last week that would ban employers from imposing noncompete clauses on workers, a sweeping measure that could make it easier for people to switch jobs and deepen competition for labor across a wide range of industries. The proposed rule would prevent employers from imposing contract clauses that [...]

By |2023-01-11T15:55:58-05:00Tuesday, January 10, 2023|

Supply chain woes blamed for 8% drop in auto sales last year

DETROIT (AP) — Shortages of computer chips and other parts continued to hobble the nation’s auto industry last year, contributing to vehicle sales dropping 8 percent from 2021 to their lowest level in more than a decade. There's good news, however, for consumers in the gloomy numbers: Vehicle supplies on dealer lots are growing, albeit [...]

By |2023-01-10T15:08:33-05:00Monday, January 9, 2023|

Gun violence program could be a preview of future philanthropy-government projects

NEW YORK (AP) — It was small, as Washington celebrations go — two senior Biden administration advisers gathered with program participants near the White House on a Thursday afternoon in December to mark the end of a little-known initiative with a budget of less than $8 million. The impact of the Community Violence Intervention Collaborative [...]

By |2023-01-09T15:31:43-05:00Friday, January 6, 2023|

New tax credits for EVs designed to boost sales

WASHINGTON (AP) — Many Americans, as of Jan. 1, may qualify for a tax credit of up to $7,500 for buying an electric vehicle. The credit, part of changes enacted in the Inflation Reduction Act, is designed to spur EV sales and reduce greenhouse emissions. A complex web of requirements, however, including where vehicles and [...]

By |2023-01-06T12:03:50-05:00Wednesday, January 4, 2023|

2023 could bring changes to many states’ voting laws

State lawmakers around the country introduced thousands of bills to change the way elections are run after former President Donald Trump falsely blamed his 2020 loss on voter fraud. Hundreds became law. Even with proponents of Trump's election lies roundly defeated during the 2022 midterms, advocates on both sides of the voting debate are bracing [...]

By |2023-01-04T15:53:05-05:00Tuesday, January 3, 2023|

States banking big bucks as Fed attempts to fight inflation

JEFFERSON CITY, Mo. — State governments emerging from the coronavirus pandemic built historic cash surpluses as inflation in prices and wages drove up sales and income tax collections. Now many states are reaping another reward: banking millions of dollars off those surpluses as the Federal Reserve fights inflation with higher interest rates. "We're catching both [...]

By |2023-01-03T10:17:25-05:00Friday, December 30, 2022|

Spending bill aids retirees, and boosts financial industry

WASHINGTON — A section of the $1.7 trillion spending bill passed last week has been billed as a dramatic step toward shoring up retirement accounts of millions of workers. The real windfall, however, may go to a far more secure group: the financial services industry. The retirement savings measure labeled Secure 2.0 would reset how [...]

By |2023-01-03T10:18:43-05:00Thursday, December 29, 2022|
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