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The budget is full of good news, but good news isn’t the same as good management
The Conversation· 6 hours agoAt the centre of the budget is a big gamble on inflation. Several of the government’s measures, among them energy rebates and extra Commonwealth rent assistance, will directly, mechanically, ...
Biden's tax hikes could flip even a moderate
USA TODAY Opinion· 21 hours agoYet Biden hired 30,000 IRS employees (over two years, starting in 2023), spending $80 billion in new funds. Does anyone else wonder where this money to...
US Weekly Jobless Claims Hit Highest Level Since August of 2023, Though Job Market Is Still Hot
US News & World Report· 6 days agoThe number of Americans applying for unemployment benefits jumped to its highest level in more than eight months last week, another indication that the red hot U.S. labor ...
Softer growth, cooler inflation and rate cuts remain on the horizon
The Forex Market· 7 days agoAlthough real GDP growth came in well below consensus expectations and amounted to just 1.6%...
US STOCKS-Dow closes up to make it seven in a row, as jobs data boosts rate-cut hopes
Reuters via Yahoo Finance· 6 days agoBigger rival Nvidia, which is still to report this earnings season, slipped 1.8%. Roblox slumped 22.1% after the video-gaming platform cut its annual bookings forecast, in ...
Newsom announces budget cuts to tackle California's $27.6 billion deficit
22 WSBT South Bend· 4 days agoCalifornia Gov. Gavin Newsom announced in a news conference Friday his plans to cut state funding to...
Local Restaurant Owners Feel the Strain of Inflation - INDY Week
Independent Weekly· 1 hour agoDespite efforts by the Federal Reserve Bank, inflation has been slow to drop to pre-pandemic levels....
Australia’s Pre-Election Spending Pushes Budget Into Deficit
Bloomberg via Yahoo News· 10 hours ago(Bloomberg) -- Australia plans to unleash a wave of spending from energy rebates to tax breaks for...
Why a debt-fueled US economy is facing a hard landing in 2025, chief economist says
Business Insider via Yahoo Finance· 1 day ago"Imagine what the process would look like if you finally get theunemployment to move higher." Slok...
America is running out of money, and nobody cares
The Telegraph via Yahoo Finance· 22 hours agoAn economic specter haunts America. It’s also one that many American politicians – Republican and Democrat – say a great deal about but are reluctant to...
