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Small Business Lifestyle

Ballot measure impact in Greenville County [Video]

Early voting started off with a bang in Greenville County Monday. By far, the longest measure on the ballot addresses a sales tax and dozens of roads within the county.The tax has been called a few things: a penny sales tax; a one-percent sales tax. If it passes, it will impact everything from main thoroughfares to subdivision streets. Greenville County voters can decide whether to pass this tax, which would add an extra penny on every dollar spent within the county except on things like groceries, medicine, rent/mortgage, utilities, and gas. Greenville County already has a six-percent sales tax. Passing this would bring it to seven percent. The ballot measure clarifies the increase would only go to improving listed roads and would be collected for up to the next eight years.The vote to put it on the ballot had some bumps in the road. “We didn’t get a thorough discussion,” said Rick Bradley, Greenville County’s District 26 Councilman. “We didn’t take the time to discuss a $1.8 billion project.”The tax drove controversy on Greenville’s County Council. They voted to put it on the ballot, 8-4.”The better roads we have, the easier it is to create industry, create economic growth jobs,” said Ennis Fant, Sr., District 25’s Greenville County Councilman.One group said fixing roads this way would be an unnecessary weight on your wallet. “The majority of the roads are state roads that are going to be paved,” said Bradley. “We pay a gasoline tax for that. So, I’m not in favor of just throwing more money at a project that we already have money.”Another group says using this to fill potholes now would spread responsibility to other pocketbooks. “Why is it fair that only people who live in Greenville County, who has a car registered in Greenville County, bear the brunt of all the roads in Greenville County,” Fant asked. “Why not let people who come to Greenville to work here, who come to visit, who come to shop, who come to eat, who come to go to the movies, let everybody who comes to Greenville participate in paving our roads.”The decision is now in the hands of the driver who live and vote within the county.The ballot measure states this will impact more than 1,400 roads projects, the sheer number of which can’t be covered by the 14 million a year we’re taxed for roads.

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Small Business Lifestyle

WNBA players union opts out of current collective bargaining agreement [Video]

The WNBA players union has decided to opt out of the current collective bargaining agreement, two years before its expiration. The league and players union had the option to do so before Nov. 1.Related video above: Thousands pack Boston’s TD Garden for first WNBA game everThe early opt-out marks a crucial juncture for the league. The WNBA signed a historic 11-year media rights deal worth $200 million a year.The league had record attendance and viewership this year that culminated in the WNBA Finals that saw New York beat Minnesota in overtime on Sunday in a decisive fifth game.This is a defining moment not just for the WNBA, but for all of us who believe in progress,” WNBPA President Nneka Ogwumike said Monday. “The world has evolved since 2020, and we cannot afford to stand still. If we stay in the current agreement, we fall behind. This is a new era, and we are ready to lead transformational change.The league has been skyrocketing, with 2024 marking a huge breakthrough after years of significant and sustained growth. ESPN had huge increases in ratings, with viewership in the regular season going up 170%, according to the union.The current CBA will still cover the 2025 season, so the two sides have a year to negotiate a new agreement.”With the historic 2024 WNBA season now in the books, we look forward to working together with the players and the WNBAPA on a new CBA that is fair for all and lays the foundation for growth and success for years to come,” WNBA Commissioner Cathy Engelbert said.Engelbert said at her state-of-the-league address before Game 1 of the Finals that with the new media rights deal in place and many more corporate partners the strength of the league is in a great spot. She also went on to say that the players have been getting a lot more marketing deals, making them into household names.The union said it was hoping for a new economic model that transforms the current system, which imposes arbitrary and restrictive caps on the value and benefits of players. The players want an equity-based model that grows and evolves with the leagues increased business success.Other areas that the union would like to see improved include salaries, retirement benefits, better child care and family planning benefits.”This isn’t some sudden wake-up call. It’s the culmination of what we’ve been driving for over the last several seasons,” WNBPA vice president Kelsey Plum said. “We’ve played a key role in the leagues historic growth, and now we’re breaking free from the current system to demand full transparency and an equitable stake in the business weve helped build.”

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Small Business Lifestyle

Global stock markets rise on China hopes [Video]

Most Asian and European stock markets rose Friday after Chinese economic growth data beat forecasts and officials flagged fresh measures to boost the world’s second biggest economy. Paris and Frankfurt advanced in midday deals following the European Central Bank’s decision Thursday to further cut eurozone interest rates as inflation returns to normal levels. London dropped,

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Small Business Lifestyle

European Central Bank, seeing no signs of recession, cuts interest rates again Boston 25 News [Video]

The European Central Bank, which sets interest rates for the 20 countries that use the euro currency, is not expecting the bloc to fall into recession as it cut borrowing costs once again after figures showed inflation across the bloc falling to its lowest level in more than three years and economic growth waning

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Small Business Lifestyle

European Central Bank, seeing no signs of recession, cuts interest rates again WSOC TV [Video]

The European Central Bank, which sets interest rates for the 20 countries that use the euro currency, is not expecting the bloc to fall into recession as it cut borrowing costs once again after figures showed inflation across the bloc falling to its lowest level in more than three years and economic growth waning