OTR: Mass. treasurer on potential for another round of tax refunds
Massachusetts gave back nearly $3 billion to taxpayers in 2022 under Chapter 62F, a little-known law from the 1980s.
Massachusetts gave back nearly $3 billion to taxpayers in 2022 under Chapter 62F, a little-known law from the 1980s.
Former Walmart CEO and President Bill Simon discusses the mass amount of layoffs that are occurring across various corporate industries in the U.S.
On Jan. 19, the U.S. officially hit its debt ceiling, having spent all of the $31.4 trillion available for expenditures as allocated by the Treasury. In the days since, conversations have become...
Fellow investors, we're off to a good start in the new year. All of the major market indexes are up so far in 2023. The S&P 500 has risen nearly 5% in less than one month. This fledgling momentum might cause many investors to cautiously hope for a banner year.
In this article, we take a look at the 25 least developed countries in Europe. You can skip our detailed analysis of the uneven development in Europe and go directly to the 10 Least Developed Countries in Europe. Europe is the richest continent in the world on a per Capita basis but most of its […]
These two recession-forecasting tools haven't been wrong for more than a half-century. Here's what they say happens next.
Make taking the easy route the profitable option for once.
Millionaire investors are predicting that stocks will fall in 2023 -- and substantially. According to the CNBC Millionaire Survey, which consulted investors with $1 million or more in investable...
California reparations task force hears from tax experts about possible sources of funding for monetary compensation for Black Americans
Innovations of information technology have created huge opportunities for predatory behavior uninhibited by regulation, such as cryptocurrencies.
A decade of tax cuts have taken a toll on state services and public schools.
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Philippines President Ferdinand Marcos has approved a value-added tax refund programme for foreign tourists by 2024 to attract more visitors, the Presidential Communications Office (PCO) said on Sunday. The government collects a 12% VAT on goods consumed within the Southeast Asian country. The plan is to allow foreigners to get a VAT refund on items they are taking out of the Philippines, similar to what many other countries offer.
With warm weather and relatively affordable living costs, Arizona has long been a popular destination for retirees. While the average monthly costs of the necessities (rent, groceries, healthcare and...
Calls for a recession in 2023 are now deafening, with not only many economists and experts projecting one, but lots of data and other economic indicators are telling investors to expect one as well. The interesting thing is that a recession may not be so bad for the market, especially when you think about the tech sector, which struggled immensely in 2022. It also might prompt the Federal Reserve to cut interest rates if the agency feels the economy slows too much and needs to be stimulated.
Many financial experts spent much of 2022 sounding dire warnings about an upcoming recession. In fact, in a recent survey by Primerica, 81% of middle-income Americans said they think a recession will strike at some point in 2023. A recession could hit if consumer spending declines to a drastic degree in 2023.
The market’s expectations clash with projections from the central bank. The wording of the policy statement after Fed Open Market Committee gathering could indicate how many hikes really are ahead this year.
Benefits received from SNAP (food stamps) are considered a form of social welfare. According to the U.S. Census Bureau, there are two major types of public assistance programs: social welfare programs...
The measure would fully exempt public pensions from income taxes and create new deductions for other sources of retirement income.
(Bloomberg) -- Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.Most Read from BloombergAdani Tries to Calm Investors With 413-Page Hindenburg RebuttalRussia Can’t Replace the Energy Market Putin BrokeFed Set to Shrink Rate Hikes Again as Inflation SlowsUkraine Latest: Russian Missile Hit on Kharkiv Building ReportedBed Bath & Beyond Customers Confront Empty Shelves Ahead of Looming BankruptcyFederal Reserve officials are set to shift down the pace
According to Pew Research, analysis of data from 44 advanced economies shows that consumer prices have risen substantially since the days prior to COVID-19. A note as we begin: Each country calculates its inflation rate in a slightly different way. Food and non-alcoholic beverage prices jumped by 16.4%, and the country faces its longest recession on record.