Tax package clears panel, revamps Lamont’s proposal

A state revenue package that rejects much of Democratic Gov. Ned Lamont‘s proposed sales tax expansion, yet includes new or higher taxes on alcohol, capital gains income, prepared meals, digital downloads, cigarettes and more will become the basis for upcoming budget negotiations.

Spanish farmers fear ‘unfair’ blow of US tariffs

CÓRDOBA, Spain (AP) — Olives are harvested the old-fashioned way on Juan Luque’s farm in southern Spain, as men thrash the gnarly tree limbs with poles, raining the small green fruit into the motorized collector waiting underneath. But for Luque and thousands of other farmers scattered across Europe’s countryside, the brewing tariffs war between Washington […]

EU’s top regulator for Big Tech looks to use stronger action

BRUSSELS (AP) — The EU’s powerful antitrust chief said Tuesday she’s weighing up stronger measures to curb anticompetitive behavior because huge fines that she has levied on tech multinationals aren’t working. EU Competition Commissioner Margrethe Vestager didn’t offer specifics on possible actions she’s considering, although she downplayed the idea of breaking up companies. Vestager is […]

New rules to deny green cards to many legal immigrants

WASHINGTON (AP) — The Trump administration announced Monday it is moving forward with one of its most aggressive steps yet to restrict legal immigration: Denying green cards to many migrants who use Medicaid, food stamps, housing vouchers or other forms of public assistance. Federal law already requires those seeking to become permanent residents or gain […]

Steak, beer and politics: 2020 Democrats descend on Iowa

DES MOINES, Iowa (AP) — Democratic presidential candidates made a colorful and often loud pitch to Iowa Democrats at the Steak Fry fundraiser in Des Moines on Saturday as a new poll showed Elizabeth Warren and Joe Biden in a close race in the state. The event, a fundraiser for the Polk County Democratic Party […]

Markets in 2019: record stocks, lower rates, so-so IPOs

NEW YORK (AP) — On January 3, the S&P 500 sank 2.5% when Apple warned of sagging demand for the iPhone, an inauspicious start to 2019 following a 14% drubbing in last year’s fourth quarter. On January 4, Federal Reserve Chairman Jay Powell said the central bank would be “patient” with its interest rate policy […]

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