US futures edge lower under sustained pressure from bond marketsU.S. futures are falling as the bond market continues to pressure stocks ahead of the release of the Federal Reserve’s latest minutes.Hartford Courant2d agoWhole story →Economy
Is Congress on the right track with its proposed EV tax?A bipartisan bill in Congress could add a new tax for electric vehicles just as there is a renewed push to move away from gas-powered cars. The proposed EV fee would start at $130 annually and is considered an attempt to make sure all drivers pay their fair share. The federal government collects 18.4 cents per gallon on every U.S. gasoline purchase to…Hartford Courant4d agoWhole story →BuildPlanetev tax proposal
Americans are using buy now, pay later more than ever. Here’s what to know if you’re one of themBy ADRIANA MORGA NEW YORK (AP) — Americans spent more than $160 billion last year using buy now, pay later plans, according to research published by Federal Reserve economists. Experts say they’re increasingly seeing people use the plans for everyday expenses like groceries, bills, transportation and, sometimes rent. “It has been very hard out there […]Hartford Courant5d agoWhole story →BuildEducation
CT 'survivor mom' pushes Congress to take up kids' online safety"We need the legislation because [the companies] don't do these things on their own or unless they're forced to do it."Hartford Courant5d agoWhole story →TechnologyJusticeonline safety legislation push
Senate punts bill to permanently ban Chinese cars until after midterm electionsThe bipartisan bill, sponsored by Republican Sen. Bernie Moreno of Ohio and Democratic Sen. Elissa Slotkin of Michigan, aims to prevent China’s auto industry from gaining a foothold in the U.S. market.Hartford Courant6d agoWhole story →TechnologyEconomyElissa SlotkinBernie Morenochinese car ban bill delay
No criminal wrongdoing in Fed building renovation but it was mismanagedThe Federal Reserve’s internal watchdog said Wednesday that the agency has broadly mismanaged an expansive building renovation project but did not find any criminal violations, as alleged by Trump administration prosecutors.Hartford Courant6d agoWhole story →GovernmentJusticefed building renovation probe
Twin brothers who resold thousands of golf course tee times in Southern California plead guilty to tax crimesLOS ANGELES — Twin brothers who ran a controversial business that reserved and resold thousands of tee times at Southern California golf courses pleaded guilty Tuesday to federal tax crimes, admitting they failed to report income from the operation. At a court hearing in downtown Los Angeles, Se Youn "Steve" Kim pleaded guilty to filing a false tax…Hartford Courant7d agoWhole story →Economytax crime guilty pleas