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2 mins read

Gov. Ron DeSantis just promised 'by far the biggest tax cuts in the history of the state of Florida'

The governor didn't say where the tax breaks would happen, but they come after a $1.3 billion sales…

Kimberly Leonard   


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3 mins read

Florida Gov. Ron DeSantis dangles numerous tax cuts on everything from pet food to baby supplies ahead of November reelection bid

The governor's tax cuts would come in the form of tax holidays on some items and through nixing the…

Kimberly Leonard   


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Democrats weigh suspending federal gas tax to cut prices at the pump while Biden's economic agenda is on ice

Sen. Joe Manchin threw cold water on shelving the gas tax through 2022 to combat inflation. Some Re…

Joseph Zeballos-Roig   


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3 mins read

An exiled Russian oligarch says a European ban on Russian oil and gas would deal a 'very serious blow' to Putin, cutting off about half his revenues

"The West made the fatal mistake of becoming reliant on Russian energy supplies," Mikhail Khodorkov…

Grace Dean   


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1 min read

Windfall profit tax on crude oil hiked, levy on export of diesel cut

In the fortnightly revision of windfall tax, the government hiked the rate on export of diesel…

PTI   


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Biden's promised economic agenda remains stalled, from student-debt relief to a minimum-wage hike and beyond

From student-loan relief to reversing Trump's tax cuts, Biden's 2020 economic agenda remains large…

Laura Italiano   


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1 min read

Democratic Rep. Tim Ryan says he supports 'a tax cut for working people that will affect everybody' over Biden's student loan forgiveness plan

"There's a lot of people out there making 30, 40 grand a year that didn't go to college, and they n…

Pocharapon Neammanee   


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Mitch McConnell shoots down gas tax cut proposal from Democrats, deriding it as 'political games'

"Just to make the political games transparent, they want this to expire right after the midterms," …

Joseph Zeballos-Roig   


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17 mins read

Women were promised thousands of dollars to cancel their abortions. The group they trusted didn't always pay up.

Anti-abortion group Let Them Live claims it's stopped hundreds of procedures. But women say they ha…

Bethany Dawson,Louise Ridley,…   


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Russia says it received $3.6 billion less than it forecast from March oil and gas sales, suggesting the Ukraine war and Western sanctions hit exports

State income from Russian energy sales in March was well below the official forecast, data from Rus…

Grace Dean   


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A group of California lawmakers wants to send a $400 gas rebate to every taxpayer in the state to offset soaring fuel prices

California has the highest gas prices in the US, partly from taxes and higher refining standards, w…

Sarah Jackson   


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A pair of Senate Democrats want to suspend the federal gas tax through the end of 2022

Sens. Maggie Hassan and Mark Kelly face tough re-election bids this fall. They're calling to cut co…

Joseph Zeballos-Roig   


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Tesla keeps chopping prices, making its cars cheaper than even gas competitors

New cars were going for an average of $47,899 in September. You can get a Model 3 and Model Y for l…

Alexa St. John   


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3 mins read

Gas prices are at an all-time high. Here are 3 reasons why Democrats' gas tax cut proposal won't do much to curb rising prices or cool inflation

Gas prices may still rise due to mismatches between supply and demand, and some of the benefits may…

Ben Winck,Joseph Zeballos-Roig   


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3 mins read

Oil giant Shell is writing off up to $5 billion in assets after it pulled its Russian operations

Russia is the world's third largest oil producer, but the West is trying to ditch Russian supplies …

Grace Dean   


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2 mins read

Nicole Gaudiano   


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Maryland, Georgia temporarily suspend state gas tax to alleviate surging prices as US ban against Russian oil causes pain at the pump

While Capitol Hill struggles to pass a federal gas tax holiday, states are beginning to approve leg…

Hannah Towey   


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3 mins read

It's 'the hungriest summer in recent history' after Washington cut off stimulus and inflation rages on

Americans are getting back to work and even securing higher wages, but inflation and government aid…

Jason Lalljee   


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2 mins read

Jeff Bezos says Joe Biden's call to cut gas prices is either 'straight-ahead misdirection or a deep misunderstanding of basic market dynamics'

The Amazon founder stepped up his war of words with the President in an ongoing battle over the Whi…

Sam Tabahriti,Ryan Hogg   


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1 min read

Commercial LPG cylinder prices slashed by Rs 83.5; domestic unchanged

Oil marketing companies generally revise the LPG prices on the first day of every month. The prices…

ANI