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Republican tax bill would add $3.7 trillion to the national deficit: JCT
Posted inBreaking News Business News Environmental News

Republican tax bill would add $3.7 trillion to the national deficit: JCT

The tax portion of Republicans’ wide-ranging bill full of President Trump’s domestic priorities would cost $3.7 trillion over the next decade, the Joint Committee on Taxation (JCT) found. That fits…
Posted by John McCarthy May 13, 2025
China hosts Caribbean, Latin American nations amid US trade war talks
Posted inBreaking News Business News Caribbean News

China hosts Caribbean, Latin American nations amid US trade war talks

BEIJING (Reuters) — China will host a summit that includes its key Latin American trade partners this week in an effort to advance influence and partnerships in the region, as…
Posted by John McCarthy May 12, 2025
Trump signs executive order setting 30-day deadline for drugmakers to lower prescription drug costs
Posted inBreaking News Business News Health News

Trump signs executive order setting 30-day deadline for drugmakers to lower prescription drug costs

WASHINGTON (AP) — President Donald Trump on Monday signed a sweeping executive order setting a 30-day deadline for drugmakers to lower the cost of prescription drugs in the U.S. or face new…
Posted by John McCarthy May 12, 2025
Kmart St. Croix to close in August
Posted inBreaking News Business News Community Affairs

Kmart St. Croix to close in August

CHRISTIANSTED —The lone remaining Kmart retail store located in St. Croix will close its doors for good in early August. The approximately 96 employees of its Castle Coakley location will…
Posted by John McCarthy May 12, 2025
Puerto Rico seeks to lure manufacturing to boost its economy as Trump’s tariff war deepens
Posted inBreaking News Business News Caribbean News

Puerto Rico seeks to lure manufacturing to boost its economy as Trump’s tariff war deepens

SAN JUAN (AP) — A global trade war is offering Puerto Rico hope as the U.S. territory, attempts to strengthen its fragile economy. Government officials are jumping on planes to try and…
Posted by John McCarthy May 11, 2025
Evacuations ordered at Clearwater high-rise after structural crack discovered
Posted inBreaking News Business News National News

Evacuations ordered at Clearwater high-rise after structural crack discovered

CLEARWATER, Florida (FOX) — Dozens of residents were urgently evacuated from a 12-story condominium building on Tuesday after construction workers discovered a growing crack in a support column in the building’s parking…
Posted by John McCarthy May 11, 2025
US considering new ship registry in US Virgin Islands
Posted inBreaking News Business News National News

US considering new ship registry in US Virgin Islands

WASHINGTON (Reuters) — President Donald Trump's administration is considering a proposal to create an international shipping registry in the U.S. Virgin Islands as part of efforts to enlarge the tiny…
Posted by John McCarthy May 10, 2025
Backers of a new USVI registry present plans to Trump
Posted inBreaking News Business News Caribbean News

Backers of a new USVI registry present plans to Trump

WASHINGTON — The backers of a new open registry have dusted off plans first aired three years ago, and presented the concept of a US Virgin Islands (USVI) flag to…
Posted by John McCarthy May 9, 2025
Toyota sees 21% full-year profit decline as tariffs take a bite
Posted inBreaking News Business News Consumer News

Toyota sees 21% full-year profit decline as tariffs take a bite

TOKYO (Reuters) — Toyota Motor expects profit to decline by a fifth in the current financial year, it said on Thursday, as weakness in the U.S. dollar and the impact of…
Posted by John McCarthy May 8, 2025
Puerto Rico governor under fire as federal funds for solar projects are stalled
Posted inBreaking News Business News Caribbean News

Puerto Rico governor under fire as federal funds for solar projects are stalled

SAN JUAN (AP) — Puerto Rico’s governor came under fire Tuesday as her pledge to support the investment of millions of federal dollars in solar projects across the U.S. territory appeared to…
Posted by John McCarthy May 8, 2025

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