Washington Times - Business

• South Africa scraps proposed tax increase after pushback from coalition partners and opposition

  25-4-2025 Business Washington Times - Business 51

  The South African government on Thursday canceled a proposed tax increase that had threatened to collapse the unity government after a pushback...

• U.S. filings for jobless benefits inch up as labor market remains strong despite fears of downturn

  24-4-2025 Business Washington Times - Business 59

  U.S. applications for jobless benefits rose modestly last week as business continue to retain workers despite fears of a possible economic downturn.

• China says trade talks with U.S. haven't started

  24-4-2025 Business Washington Times - Business 29

  China on Thursday said there haven't been any trade talks between its side and the U.S., dampening investor enthusiasm after the Trump...

• Federal red ink now costs businesses more than $2.1 trillion per year, report says

  24-4-2025 Business Washington Times - Business 52

  The cost of federal regulations has grown to more than $2.1 trillion per year, almost as much as the government's annual haul from income taxes,...

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• Feds left billions in tainted pandemic loans in the hands of potential fraudsters

  24-4-2025 Business Washington Times - Business 41

  The Small Business Administration forgave $4.6 billion in pandemic loans to people on its naughty list, the agency's inspector general said...

• Jury decides Norfolk Southern should pay for the $600 million settlement in 2023 Ohio derailment

  24-4-2025 Business Washington Times - Business 51

  The company that owned the railcar that caused the devastating East Palestine train derailment in 2023 won't have to help pay for the $600 million...

• Judge rules federal government owes nearly $28 million to North Dakota for pipeline protests

  24-4-2025 Business Washington Times - Business 56

  A federal judge on Wednesday found the state of North Dakota entitled to nearly $28 million for responding to protests of the Dakota Access oil...

• Days before Canada's election, Trump insists that Canada needs the U.S. more than the U.S. needs it

  24-4-2025 Business Washington Times - Business 54

  President Donald Trump said Wednesday that Canada would "cease to exist" if it weren't for the United States - comments that came just days before...

• California expands its electric school bus fleet as federal freeze paused efforts elsewhere

  24-4-2025 Business Washington Times - Business 51

  California is spending $500 million to put an additional 1,000 electric school buses on the road as federal cuts and freezes paused efforts in...

• IRS turmoil: Leadership churn, worker exodus and threats to groups' tax-exempt status roil agency

  24-4-2025 Business Washington Times - Business 48

  The height of tax season was the height of turmoil at the IRS.

• Supreme Court weighs arguments from fuel producers over California's EV push

  24-4-2025 Business Washington Times - Business 63

  The Supreme Court heard arguments Wednesday from fuel producers who are objecting to California setting emission standards for automakers, saying...

• Bessent, Trump talk up trade deal with China, cheering markets

  24-4-2025 Business Washington Times - Business 65

  Treasury Secretary Scott Bessent on Wednesday said the U.S. and China can reach a "big deal" if Beijing is serious about rebalancing its economy...