Looking to get the Employee Retention Tax Credit for your business? Look no further than ERTC Express! Our team of experts can help you navigate the process and get the relief you deserve. Don't wait any longer, contact us today to get started!
Yellen Expresses Confidence in U.S. Economy Avoiding Recession in Biden Presidency
Treasury Secretary Janet Yellen expressed confidence Monday that the U.S. economy can avoid a recession this year, citing the addition of more than 500,000 jobs in January that brought unemployment to a 54-year low.[0] Yellen, speaking during an interview on ABC’s “Good Morning America,” said the economy remains “strong and resilient” and is on a […]
Continue reading G7 Coalition Implements Price Cap on Russian Oil Products
This Sunday, February 5, the European Union, alongside the United States, the United Kingdom, Canada, France, Germany, Italy, Japan and Australia, will be implementing a price cap on Russian oil products.[0] The European Commission’s proposal will take effect from Sunday, and is aimed at reducing the Kremlin’s revenues from oil exports in response to its […]
Continue reading Embracing the Four-Day Workweek: What Employers Should Know
As more and more workers feel the strain of the five-day workweek, many are beginning to consider the advantages of the four-day workweek. This shift would not only provide workers with more time to pursue personal endeavors but could also lead to increased productivity and a shift in priorities. A recent survey from Robert Half […]
Continue reading G7, EU and Australia Announcing Global Price Cap on Russian Oil Products
On February 5, 2023, the Group of Seven (G7) countries, along with the European Union (EU) and Australia, are set to impose a global price cap on Russian-origin refined oil products.[0] This price cap is part of a larger sanctions package in response to Russia’s invasion of Ukraine and is aimed at reducing the Kremlin’s […]
Continue reading Pakistan Government Struggles to Meet IMF Conditions Amid Economic Challenges
Prime Minister Shehbaz Sharif of Pakistan said on Friday that the country is facing an unimaginable economic challenge and the conditions set by the International Monetary Fund (IMF) are beyond imagination.[0] He made the comments in a televised address, warning that the IMF delegation is in Islamabad and giving a tough time to the finance […]
Continue reading Egg Prices on the Rise: Avian Flu and Inflation to Blame
Egg prices have skyrocketed across the nation in the last year, with the average price of a dozen large white Grade A chicken eggs increasing from $1.79 in December 2021 to $4.25 in December 2022, according to the U.S. Department of Agriculture’s Economic Research Center. The cause of this dramatic increase is mainly due to […]
Continue reading Michigan Leaders Announce Plan for “Biggest Tax Relief to Michiganders in Decades
Michigan Gov. Gretchen Whitmer, Senate Majority Leader Winnie Brinks, and House Speaker Joe Tate on Friday announced a framework agreement that they say will provide the largest tax break to Michiganders in decades.[0] The Lowering MI Costs plan will repeal the retirement tax to save 500,000 households an average of $1,000 a year, increase the […]
Continue reading President Biden Refuses to Take Blame for Inflation, Celebrates Job Growth and Urges Congress to Stay the Course
Today, President Joe Biden spoke to the press, refusing to take questions not related to the economy and claiming he takes no blame for inflation.[0] He referenced lost jobs, lack of manufacturing, and “real economic difficulty” as the basis for the nation’s state that he inherited through his presidency.[1] Figures reported by the Bureau of […]
Continue reading Job Losses Across Industries Rise Amidst Economic Downturn
Tech and media layoffs have been making the headlines lately, but they only account for a small portion of the U.S. workforce at 5%. Other industries, such as auto, manufacturing, and financial services, have also been cutting jobs.[0] The Federal Reserve has also been slowing the economy down, leading to a deepening of the unemployment […]
Continue reading US, Japan, & Netherlands Impose Export Controls on Advanced Chip Technology, Targeting China’s Domestic Chip Industry
The US, Japan, and the Netherlands have reached an agreement to restrict the export of advanced chip technology to China.[0] The goal of the agreement is to prevent China from developing its own domestic chip industry, as the three countries dominate the production of semiconductor manufacturing equipment.[0] According to Bloomberg, the agreement was reached on […]
Continue reading