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Biden's tax hikes could flip even a moderate
USA TODAY Opinion· 11 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...
Australia Ramps Up Pre-Election Spending, Pushes Budget Into Red
Bloomberg via Yahoo News· 3 hours ago(Bloomberg) -- Australia plans to unleash a wave of spending from energy rebates to tax breaks for...
America is running out of money, and nobody cares
The Telegraph via Yahoo Finance· 12 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...
Newsom announces budget cuts to tackle California's $27.6 billion deficit
22 WSBT South Bend· 3 days agoCalifornia Gov. Gavin Newsom announced in a news conference Friday his plans to cut state funding 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 ...
Letters: Republican tax cuts are to blame for deficits
New Orleans Times-Picayune· 7 days agoSyndicated columnist Megan McArdle is puzzled by the strong economy vs. the high federal deficits....
Dow Jones adds 300 points as jobs data fuels rate cut hopes
Proactive Investors· 6 days agoThe three major US stock indexes finished Thursday’s trading day higher as additional data showing...
The Fed’s 2% inflation target is a ‘pipe dream’ and stocks are set to drop 10%, Stifel’s Barry...
Fortune· 1 day agoConsumer spending has routinely surmounted expectations; the unemployment rate has remained in a limited range between 3.7% and 3.9% since last August; ...
Why a debt-fueled US economy is facing a hard landing in 2025, chief economist says
Business Insider via Yahoo Finance· 24 hours ago"Imagine what the process would look like if you finally get theunemployment to move higher." Slok...
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%...