Nation

The Senate is pushing ahead on a budget vote this week. That framework would move the GOP a step closer to the tax overhaul it has promised. The Senate plan allows for as much as $1.5 trillion in tax cuts over the decade. Those cuts could blow a $2.4 trillion hole in the budget, the […]

Cook County, Illinois, home to Chicago, passed a penny-per-ounce tax on soda late last year. The driving force was raising revenue in a state with deep budget woes. But legal challenges delayed the tax going into effect, and a strong campaign from the beverage industry has soured public opinion on the measure. It was repealed […]

In a tweet today, President Trump today took credit for the run-up in the stock market since the election. Then the president went on to say that “if Congress gives us the massive tax cuts (and reform) I am asking for, those numbers will grow by leaps and bounds.” Is there any evidence that the […]

On Thursday, we’ll know how the big banks are doing when earnings reports come out for the third quarter. Most analysts are expecting record profits of more than $21 billion. Click the audio player above to hear the full story.

For the time being at least, Congress is not going to repeal Obamacare. But President Trump knows there’s a lot he can do on his own. There are reports that he’s going to issue an executive order this week, making it easier for insurers to sidestep ACA regulations and sell more bare bones, cheaper plans […]

A travel scandal has already caused one Trump administration official to step down. The Secretary of Health and Human Services resigned just over a week ago. Now, more reports from Politico on travel by Interior Secretary Ryan Zinke have prompted an investigation of his travel as well. Click the audio player above to hear the […]

The Bureau of Labor Statistics puts together the monthly jobs report from two separate surveys that track the job market differently. The Establishment or Payroll Survey counts jobs and wages as reported by 147,000 sample employers. The Household Survey counts people who are employed, unemployed or not in the labor force as reported in phone questionnaires […]

Amazon announced this week a new service on the West Coast which could encroach on territory currently held by the likes of UPS and Fedex. The online retail giant said it’s going to be overseeing deliveries for third party sellers. It will still use UPS and Fedex, but it might also choose to use its […]