Economy
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Senate Democrats call for industry-wide investigation into Big Oil amid price-fixing and collusion allegations
Senate Democrats joined their House counterparts in calling for an industry-wide investigation into Big Oil collusion and price-fixing allegations, which they say cost US consumers at the pump while driving up corporate profits.
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Sick of absurd Ticketmaster prices? Biden’s DOJ is going after them
The lawsuit is backed by attorneys general for 29 states plus Washington, D.C., and alleges that Live Nation leveraged its power as a venue owner, concert promoter, and ticket seller in order to lessen consumer choice, raise prices, and eliminate its rivals.
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Price-fixing conspiracy in US oil industry cost families money, reports allege
Analysis of corporate profits and accusations of collusion by the FTC lend support to the idea that a broader oil industry conspiracy drove up post-Covid inflation for everyday Americans.
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The super rich and big corporations to face more scrutiny from Biden’s IRS
Using an infusion of funds provided by President Biden’s Inflation Reduction Act, the IRS has already collected more than $520 million from 1,600 millionaires who had unpaid tax bills of more than $250,000.
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New Biden rules deliver automatic cash refunds for canceled flights, ban surprise fees
Under the new rules, passengers will no longer have to navigate customer service systems to receive refunds for canceled flights or fall prey to low advertised base fees without full disclosure of extra costs.
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Biden makes 4 million more workers eligible for overtime pay
The US Department of Labor says updated regulations will increase income thresholds to ensure lower-income salaried employees are fairly compensated when they work more than 40 hours per week.
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New VA program to help more than 40,000 veterans stay in their homes
The program is an attempt to prevent foreclosure actions against former military members still experiencing financial hardship post-pandemic.
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VIDEO: How rejecting the minimum wage bill affects Virginians
Did you hear? Yes, it’s true. Republican Governor Glenn Youngkin vetoed the minimum wage increase bills (House Bill 1 and Senate Bill 1). The minimum wage bill would have increased wages for over 600,000 workers in Virginia. @vadogwoodnews Did you hear? Yes, it's true. Republican Governor Glenn Youngkin vetoed the minimum wage increase bills (House…
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Budget deadlines loom for Youngkin, Democrats
Youngkin and Democrats have fought bitterly over an ill-fated major league sports arena and a slew of Democratic legislative priorities, raising questions over whether both sides can strike a budget compromise before the end of the fiscal year.
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VIDEO: Will small businesses really be affected by a minimum wage increase?
Both Senate Bill 1 and House Bill 1 were introduced by Democrats and passed on party-line votes in the House of Delegates and Virginia Senate without any Republican support. Both bills passed out of the other chamber within the last few weeks. Republicans say they aren’t in support of raising the minimum wage because of…
