Tag Archives: Taxes

Tuesday’s midterm elections coincide with turbulent economic weakness in the United States amid accelerating recession-linked predictions as well as ongoing yield curve inversion. The results of Tuesday’s election will determine the makeup of a Congressional body that holds the powers to direct, guide and enact policies that will basically change …

Interviewed by Dubai TV, on Monday, Mohammed Hashad, Head of Research and Development at Noor Capital and member of the American Association of Technical Analysts, commented on, and highlighted the latest developments in the financial markets; and most notably the continued US and European interest rate hikes, while inflation levels …

The British government bond yields surged by the most in one day in over three decades on Friday, the pound slid to a fresh 37-year against the American dollar after UK finance minister Kwasi Kwarteng laid out a series of tax cuts in a move that is meant to boost …

On Thursday, Treasury Secretary Janet Yellen pledged to pursue tax increases for high earning Americans to keep US finances robust, as she gave a speech in Michigan on the Biden administration’s economic policies.“To ensure our long-term economic stability, we must keep our public finances on sound footing,” Yellen said. Emerging …

A report released by the Commerce Department on Friday showed personal income in the US increased by less than expected in the month of December.The Commerce Department said personal income rose by 0.3 percent in December after climbing by an upwardly revised 0.5 percent in November.Economists had expected personal income …

Recent calls for advanced economies to agree on a minimum global corporate tax rate are making more progress with the G7 group representatives promising to reach an agreement on the issue soon. The G7 finance ministers are expected to pledge support to economic recovery from the Coronavirus pandemic, as well …

U.S. President Joe Biden opened the door on Wednesday for negotiations about the tax increases necessary to finance his proposed $2.25 plan for developing infrastructure. However, Biden once again pointed to the competition between the United States and China on the global stage, urging support for what he says are …