Amazon is searching for a home for its second headquarters in North America. The company expects to create as many as 50,000 high-paying jobs, and cities are lining up to try and win over the tech giant. Governor Chris Sununu of New Hampshire joined us to share the state's strategy for bringing Amazon onto its home turf.
Governor Sununu breaks down what New Hampshire has to offer that other states don't. He emphasizes that he doesn't need to offer big tax breaks like other places, because there is no income tax in New Hampshire. The Governor says Amazon would get all the "benefits of Greater Boston without all the headaches."
Republicans are celebrating the passage of the tax reform bill, which will lower the corporate tax rate. Governor Sununu says this is "just a drop in the bucket" and is one of many factors going into New Hampshire's plan to get Amazon on board. He highlighted that Amazon won’t have to pay a penny for sales tax, resulting in hundreds of millions of extra dollars saved.
Where you live can dictate how much you pay for housing. Danielle Hale, chief economist with Realtor.com, joined Cheddar News to discuss where the hottest markets for real estate are and how you can find a home in a current difficult market.
Financial stress can take a mental toll on people. Dr. Regine Muradian, clinical psychologist and member of the National Debt Relief Financial Wellness Board, joined Cheddar News to discuss strategies to ease those worries over money.
The continued resilience of the U.S. economy could require further interest rate increases, Federal Reserve Chair Jerome Powell said Friday in a closely watched speech that also highlighted the uncertain nature of the economic outlook.
