US Deficit: CBO Budget & Economic Outlook: 2024 to 2034 Skip to content Home • Blog • Major Takeaways from CBO’s Updated Long-Term Outlook Last week, the Congressional Budget Office (CBO) released an updated Budget and Economic Outlook. The report (released annually) presents the agency’s current projections of major fiscal and economic trends for the
Blog March 17, 2023October 12, 2023 Temporary Full Expensing Arrives in the UK The UK’s adoption of full expensing is a welcome step that may generate short-run economic benefits. However, for the reform to have a meaningful effect on the UK’s international competitiveness and long-run economic performance, it must be made permanent—which the British government
Tax Foundation Europe Launches Skip to content Home • Blog • Tax Foundation Europe Launches Website and Prepares Brussels Office The landscape of taxA tax is a mandatory payment or charge collected by local, state, and national governments from individuals or businesses to cover the costs of general government services, goods, and activities. policy is
Remote Work Tax Issues This Tax Season | TaxEDU Skip to content Home • Blog • How Are Remote and Hybrid Workers Taxed? This is part of our educational blog series, “The Short Form,” to simplify taxA tax is a mandatory payment or charge collected by local, state, and national governments from individuals or businesses
Flat Tax Revolution: State Income Tax Reform | Tax Foundation Skip to content Home • Blog • The State Flat Tax Revolution: Where Things Stand Today Latest Updates Updated to reflect the implementation of structural changes in several states. Updated to reflect recent state tax policy developments. Originally published. See Full Timeline In the first
US Pandemic Response Impact on Inequality & Progressivity Skip to content Home • Blog • New CBO Report Shows Pandemic Response Sharply Reduced Inequality, Increased Progressivity in 2020 The pandemic led to one of the largest fiscal responses in U.S. history, impacting households across the income distribution. A new report from the Congressional Budget Office
Jodi Jacobson | E+ | Getty Images More than 18 million rental units are located in areas exposed to extreme weather hazards, according to the American Rental Housing Report from Harvard University’s Joint Center for Housing Studies. That exposure isn’t spread evenly. While most states have at least one “high-risk” county with 2,000 or more
DUBAI, United Arab Emirates — China is facing a confidence deficit as its economy undergoes massive transition and concern grows over its ongoing property crisis, a top banking CEO said while onstage at Dubai’s World Governments Summit. “China’s biggest problem to me is a lack of confidence. External investors lack confidence in China and domestic
Row of townhouses in Alexandria, Virginia Grace Cary | Moment | Getty Images A new, more affordable repayment plan for federal student loan borrowers may come with another advantage: It could make it easier to become a homeowner. The Saving on a Valuable Education, or SAVE plan, can cut borrowers’ monthly payments in half, and
Wall Street took a nosedive Tuesday following the before-the-bell release of hotter-than-expected January consumer inflation data. In response, bonds sold off, pushing the 10-year Treasury yield above 4.30% and equity prices sharply lower. The Dow , the S & P 500 and the Nasdaq were all down more than 1.5%, as the odds of a
A visitor takes pictures in front of a wooden dragon themed sculpture displayed to celebrate the upcoming Lunar New Year inside the flower dome at Gardens by the Bay in Singapore on February 1, 2024. Roslan Rahman | Afp | Getty Images Millions of Chinese around the world are celebrating the Lunar New Year, ringing
Rooftops of homes in a gated residential community are seen in Pico Rivera, California on January 18, 2024. Frederic J. Brown | AFP | Getty Images After a brief reprieve in December and January, mortgage rates are moving higher again, and that is taking its toll on mortgage demand. Total mortgage application volume fell 2.3%
In this article TREE Follow your favorite stocksCREATE FREE ACCOUNT Skynesher | E+ | Getty Images Homeownership is out of reach for many Americans — especially for Black Americans. In the country’s largest metropolitan areas, Black people own a disproportionately small share of homes relative to population size, according to a new report from LendingTree.
Eduardo Munoz Alvarez | Getty Images While both renters and homeowners are beginning to take climate hazards into consideration, affordability continues to drive moving trends. Between 2021 and 2022, about 1.2 million more homeowners and renters moved out of than moved into U.S. cities with high risk of poor air quality, according to a new
A “For Sale” sign outside a house in Albany, California, on May 31, 2022. David Paul Morris | Bloomberg | Getty Images Mortgage rates shot higher Friday after a monthly government report on wholesale prices showed inflation is still persistent and hotter than most analysts had expected. The average rate on the 30-year fixed mortgage
Former US President Donald Trump departs after speaking to the press after attending the civil fraud trial against the Trump Organization in New York State Supreme Court, in New York City on January 11, 2024. John Lamparski | AFP | Getty Images A judge could deliver a hammer blow to Donald Trump and his company
In this article FOX FOXA WBD DIS Follow your favorite stocksCREATE FREE ACCOUNT Los Angeles Lakers forward LeBron James, #23, during the NBA game between the Los Angeles Clippers and the Los Angeles Lakers at Crypto.com Arena in Los Angeles on Jan. 7, 2024. Jevone Moore | Icon Sportswire | Getty Images The U.S. media
2025 Kia Carnival Kia CHICAGO – Kia Motors is adding a hybrid model to its Carnival minivan to meet increasing consumer demand for the technology and assist in meeting tightening federal fuel economy standards. Hybrids are a growing option for automakers as they strive to make vehicles more efficient and avoid costly federal fuel economy
In this article JNJ BMY MRK Follow your favorite stocksCREATE FREE ACCOUNT Sen. Bernie Sanders, left, appears at a news conference with Sen. Ed Markey on issuing subpoenas for pharmaceutical company CEOs to testify regarding drug prices, in the Capitol, Jan. 25, 2024. Bill Clark | Cq-roll Call, Inc. | Getty Images Senators will question
In this article UAA Follow your favorite stocksCREATE FREE ACCOUNT The interior of an Under Armour store is seen on November 03, 2021 in Houston, Texas. Brandon Bell | Getty Images Under Armour said Thursday that its holiday-quarter sales slowed, but its earnings beat estimates as the athletic apparel retailer worked to rein in costs.
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