As America’s largest banks post record profits, massive companies continue their unprecedented stock buyback spree, and already-obscene CEO pay packages are set to rapidly expand in the aftermath of the Trump-GOP tax cuts, top corporate executives are now openly admitting that they have no plans whatsoever to invest their enormous windfall into wage increases for workers. During what Axios described as a […]
JUNEAU – Friday, Senator Wielechowski (D-Anchorage) released the findings of a research report he requested reviewing profit data recently released by ConocoPhillips. The legislature’s non-partisan research division determined that, “On a barrel of oil equivalent (BOE), Alaska is the most profitable region for the company by a wide margin” in the first quarter of 2018. […]
Find “Trump, Inc.” wherever you get your podcasts. President Donald Trump is famous for bragging about his net worth. Publicly, he claims he’s worth more than $10 billion. He even sued an author over the issue and lobbied the editors of Forbes about his ranking on their billionaires list. Yet quietly in another setting, the […]
With the passage of deep tax cuts late last year, annual U.S. budget deficits are expected to balloon over the next decade, the nonpartisan Congressional Budget Office said Monday. The independent financial scorekeeper said that the long-term U.S. debt, now more than $21 trillion, could soar to more than $33 trillion by 2028, with increasing […]
