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Tag: inflation

Economy

Democrats’ big package: What remains in and what’s out?

August 6, 2022 - by admin - Leave a Comment

WASHINGTON (AP) — It’s nowhere near the $4 trillion proposal President Joe Biden first launched to rebuild America’s public infrastructure and family support systems but the compromise package of inflation-fighting …

Democrats’ big package: What remains in and what’s out? Read More
Economy

The Inflation Reduction Act would double IRS agents and audits — but superrich aren’t real targets

August 6, 2022 - by admin - Leave a Comment

the Manchin-Schumer “Inflation Reduction Act,” which could clear the Senate this weekend, is supposed to raise tens of billions of dollars by adding $80 billion to the IRS budget and …

The Inflation Reduction Act would double IRS agents and audits — but superrich aren’t real targets Read More
Economy

‘What recession?’: US employers add 528,000 jobs in July

August 5, 2022 - by admin - Leave a Comment

WASHINGTON — US employers added an astonishing 528,000 jobs last month despite flashing warning signs of an economic downturn, easing fears of a recession and handing President Joe Biden some …

‘What recession?’: US employers add 528,000 jobs in July Read More
Economy

The US economy has yet to face its biggest recession challenge

August 5, 2022 - by admin - Leave a Comment

A person removes the nozel from a pump at a gas station on July 29, 2022 in Arlington, Virginia. Olivier Douliéry | AFP | Getty Images You’d be hard-pressed now …

The US economy has yet to face its biggest recession challenge Read More
Economy

The inflation problem nobody is talking about

August 5, 2022 - by admin - Leave a Comment

voter rank inflation as their top concern as prices continue to rise at the fastest pace in 40 years . And though the inflation conversation tends to center on consumer …

The inflation problem nobody is talking about Read More
Markets

Opinion: Bear market blues: How to keep a sense of financial control in uncertain times.

August 5, 2022 - by admin - Leave a Comment

Between pandemic lockdowns, health scares, contentious politics and significant inflation with rising prices, many US investors might feel they’re losing control of their situations. Add to that a bear market …

Opinion: Bear market blues: How to keep a sense of financial control in uncertain times. Read More
Economy

Bank of England set for biggest rate hike in 27 years as inflation soars

August 3, 2022 - by admin - Leave a Comment

LONDON, February 03: Governor of the Bank of England Andrew Bailey leaves after a press conference at Bank of England on February 3, 2022 in London, England. The Bank is …

Bank of England set for biggest rate hike in 27 years as inflation soars Read More
Economy

The housing market correction takes an unexpected turn

August 3, 2022 - by admin - Leave a Comment

The Federal Reserve has a simple inflation-fighting playbook. It goes like this: Keep applying upward pressure on interest rates until business and consumer spending across the economy weakens and inflation …

The housing market correction takes an unexpected turn Read More
Markets

Market Expects 35-50 bps Rate Hike; Eyes Will be on Forward Guidance

August 2, 2022 - by admin - Leave a Comment

Will RBI MPC Surprise Markets? The Reserve Bank of India is set to hold the Monetary Policy Committee (MPC) meeting for the financial year 2022-23 this week on August 3-5, …

Market Expects 35-50 bps Rate Hike; Eyes Will be on Forward Guidance Read More
Economy

White House admits Inflation Reduction Act will barely impact inflation

August 2, 2022 - by admin - Leave a Comment

The $739 billion Democratic spending plan dubbed the Inflation Reduction Act will barely affect prices over the next decade, experts say — and even the White House admitted it Monday. …

White House admits Inflation Reduction Act will barely impact inflation Read More

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