Category: Business

Goya Foods President and CEO Bob Unanue argues taxes will have to go up because ‘you can’t put millions of people out of work and then throw trillions of dollars to try and resolve the problem with money.’ Goya Foods President and CEO Bob Unanue argued on Wednesday that taxes “will have to go up” […]

Former Trump 2020 campaign senior adviser and former White House senior adviser for strategic communication Mercedes Schlapp discusses Joe Biden’s plan to reverse Trump administration policies, specifically his approach to immigration. A national debt that surged as the Trump administration contended with the financial consequences of the coronavirus pandemic is expected to rise even higher […]

Sen. Tim Scott, R-S.C., slammed President-elect Joe Biden’s Treasury Secretary nominee, Janet Yellen, for giving a ‘disappointing’ answer Tuesday on the impact a $15 federal minimum wage would have on small businesses that are already struggling during the coronavirus pandemic. “I asked @JanetYellen how raising the minimum wage to $15 affects the millions of #smallbiz […]

BLS Investments chairman Bernard Schwartz is backing Joe Biden’s ability to reshape the economy and the country. The billionaire told FOX Business Network’s “The Claman Countdown” Tuesday that he believes Biden’s tax policy should not be feared by Americans, as well as that the incoming president is ready to pick up the slack President Trump […]

President-Elect Joe Biden’s administration is set to take a more hands-off approach to the value of the U.S. dollar than that of his outgoing predecessor, President Trump. “The value of the U.S. dollar and other currencies should be determined by markets,” said Treasury Secretary nominee Janet Yellen at her Senate confirmation hearing on Tuesday. “Markets […]

The second-largest bank in the U.S. said Tuesday that its profit totaled $5.47 billion in the final three months of the year, versus $6.99 billion a year earlier. Still, per-share earnings of 59 cents topped analyst estimates of 55 cents a share. Bank of America released $828 million of its reserves. That is a small […]