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Home » Business News

Business News

IRS Watchdog: Contractors Who Failed Background Checks Maintained Access To Sensitive Agency Systems

Published by jason@omahadail... on Tue, 02/13/2024 - 2:00am

WASHINGTON (AP) — A new IRS inspector general report said the nation's tax collection agency continued to give 19 contractors access to sensitive systems despite having background reports that were returned as "not favorable."

  • Read more about IRS Watchdog: Contractors Who Failed Background Checks Maintained Access To Sensitive Agency Systems

Biden, Yellen Tout Their Administration’s ‘Invest In America’ Economic Gains

Published by josie@omahadail... on Mon, 02/05/2024 - 12:11pm

WASHINGTON — President Joe Biden highlighted the differences between his economic policies and those of the last Republican administration during a trip to a Wisconsin brewery on Thursday, the same day new data showed the U.S. economy grew by 3.1% last year.

Biden, who appears likely to face former President Donald Trump in the November elections, detailed legislation enacted during the past three years, including investments in roads and bridges, rural broadband, semiconductor chip manufacturing and climate change.

  • Read more about Biden, Yellen Tout Their Administration’s ‘Invest In America’ Economic Gains

In The Market For A Car? Soon You’ll Be Able To Buy A Hyundai On Amazon − And Only A Hyundai

Published by josie@omahadail... on Mon, 02/05/2024 - 12:09pm

This is the year you can finally buy a car on Amazon. Well, one kind. Eventually.

On Nov. 16, 2023, at the Los Angeles Auto Show, Amazon and Hyundai made a big announcement: Starting sometime in 2024, a new pilot program would let shoppers not only browse Hyundai cars on Amazon.com but pay for them, too.

  • Read more about In The Market For A Car? Soon You’ll Be Able To Buy A Hyundai On Amazon − And Only A Hyundai

New 7,000-Seat Union Omaha Downtown Soccer Stadium To Anchor $300 Million Entertainment District

Published by josie@omahadail... on Mon, 02/05/2024 - 12:03pm

OMAHA — A new 7,000-seat Union Omaha soccer stadium is the centerpiece of a planned $300 million housing and entertainment district announced Thursday for the downtown riverfront area of Nebraska’s largest city.

The outdoor stadium is to be home to the state’s first and only professional soccer club, which has been sharing Sarpy County’s Werner Park with a minor league baseball team.

  • Read more about New 7,000-Seat Union Omaha Downtown Soccer Stadium To Anchor $300 Million Entertainment District

Lawmakers Hold Up Gov. Pillen’s “State Of The State” Address, Detailing “Disrespect” Of North Omaha

Published by josie@omahadail... on Wed, 01/31/2024 - 2:56pm

LINCOLN  — Resentment ramped up Thursday from two lawmakers who believe that state officials have “disrespected” and “lied” to their North Omaha constituents about economic development projects.

State Sens. Justin Wayne and Terrell McKinney led a filibuster of nearly 50 minutes, delaying Gov. Jim Pillen’s “State of the State” address and detailing reasons for their frustration.

Much of the talk centered around millions of dollars in public funding for North Omaha that Wayne and McKinney helped secure through legislation. 

  • Read more about Lawmakers Hold Up Gov. Pillen’s “State Of The State” Address, Detailing “Disrespect” Of North Omaha

Congress Votes To Avert A Shutdown And Keep The Government Funded Into Early March

Published by josie@omahadail... on Wed, 01/31/2024 - 2:45pm

WASHINGTON (AP) — Congress sent President Joe Biden a short-term spending bill last Thursday that would avert a looming partial government shutdown and fund federal agencies into March.

  • Read more about Congress Votes To Avert A Shutdown And Keep The Government Funded Into Early March

New Child Tax Credit Could Pass This Month. Here’s What It Would Do For Low-Income Families.

Published by josie@omahadail... on Wed, 01/31/2024 - 2:42pm

Expanded access to the child tax credit could be on the horizon for the country’s lowest-income families through a new bipartisan deal announced Tuesday. 

  • Read more about New Child Tax Credit Could Pass This Month. Here’s What It Would Do For Low-Income Families.

Don’t Let ‘FDA-Approved’ Or ‘Patented’ In Ads Give You A False Sense Of Security

Published by jason@omahadail... on Sat, 01/20/2024 - 3:00am

If you’ve ever reached for a bottle of moisturizer labeled “patented” or “FDA approved,” you might want to think twice. In a recent study of hundreds of advertisements, I found that supplements and beauty products often misleadingly use these terms to suggest safety or efficacy.

  • Read more about Don’t Let ‘FDA-Approved’ Or ‘Patented’ In Ads Give You A False Sense Of Security

From Housing To Energy To Food, US Inflation Picks Up, Though Some Costs Rise Only Mildly

Published by josie@omahadail... on Tue, 01/16/2024 - 5:00am

WASHINGTON (AP) — Higher energy and housing prices boosted overall U.S. inflation in December, a sign that the Federal Reserve's drive to slow inflation to its 2% target will likely remain a bumpy one.

Last Thursday's report from the Labor Department showed that overall prices rose 0.3% from November and 3.4% from 12 months earlier. Those gains exceeded the previous 0.1% monthly rise and the 3.1% annual inflation in November and were slightly above economists' forecasts.

  • Read more about From Housing To Energy To Food, US Inflation Picks Up, Though Some Costs Rise Only Mildly

Hospitality Workers’ Wages Are Rising Faster Than High Earners’ In Most States

Published by josie@omahadail... on Tue, 01/16/2024 - 5:00am

Pay hikes over the past four years have lifted the wages of people who work in hospitality — the nation’s lowest-paid industry — nearly 30% on average, reversing much of the wage inequality that has been growing for decades in the United States.

In 40 states, even those that haven’t raised their minimum wage beyond the $7.25 federal floor, the recent pay jumps outpaced those of earners in each state’s highest-paying industry, usually energy, technology or the federal government.

  • Read more about Hospitality Workers’ Wages Are Rising Faster Than High Earners’ In Most States
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