Taxing Unrealized Gains Would Obliterate The U.S. Economy
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U.S. Supreme Court moves gun ban challenges to conference
(The Center Square) – Cases challenging gun and magazine bans, including several lawsuits from Illinois, have been distributed for an upcoming conference of the U.S. Supreme Court. After Illinois banned more than 170 semi-automatic firearms and magazines over certain capacities in January 2023, federal lawsuits were filed. Appeals of separate preliminary actions against the law were shot down by the Seventh Circuit U.S. Court of Appeals last year. Plaintiffs in February asked the...
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Asian benchmarks mostly climb despite worries about U.S. economy
Asian shares mostly rose Friday despite worries about the economic outlook and inflation in the U.S. and the rest of the world. The Bank of Japan ended a policy meeting with no major changes, keeping its benchmark interest rate in a range of 0 to 0.1%. In March, it raised
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U.S. growth slowed sharply last quarter to 1.6%
WASHINGTON >> The nation’s economy slowed sharply last quarter to a 1.6% annual pace in the face of high interest rates, but consumers — the main driver of economic growth — kept spending at a solid pace.