Trump Dangles Cash Payments to Assuage Affordability Concerns
With tariffs unpopular and prices still high, the White House has teased the promise of tariff rebates and large tax refunds next year.
With tariffs unpopular and prices still high, the White House has teased the promise of tariff rebates and large tax refunds next year.
Who pays the most taxes?
As Americans gather for holiday celebrations, many will quietly thank the health care workers who keep their families and friends well: the ICU nurse who stabilized a grandparent, the doctor who adjusted a tricky prescription, the home health aide who ensures an aging relative can bathe and eat safely.
Switching off can be surprisingly expensive. Much like the smoking cessation boom of the 1990s, the digital detox business – spanning hardware, apps, telecoms, workplace wellness providers, digital “wellbeing suites” and tourism – is now a global industry in its own right.
Greece's 2026 budget was voted through Parliament on Tuesday, just ahead of the Christmas break. It contained some gifts for Greek taxpayers as it includes the tax cuts worth 1.2 billion euros that Prime Minister Kyriakos Mitsotakis had announced earlier in the year.
PM Kyriakos Mitsotakis hit back at his critics in the budget debate on Tuesday, by unveiling new measures to tackle the housing crisis and defending his tough stance on the ongoing farmers’ protests.
The Trump administration singled out European tech firms by name and promised economic consequences Tuesday unless the E.U. rolls back tech regulation and lawsuits.
Swapan-Kumar Pradhan, Eswar Prasad, Előd Takáts, and Judit TemesvaryWe investigate how the U.S. dollar’s prominence in the denomination of international debt securities has evolved in recent decades, using a comprehensive global dataset with far more extensive coverage than datasets used in prior literature. We find no monotonic dollarization or de-dollarization trend; instead, the dollar’s share exhibits a wavelike pattern. We document three dollarization waves since the 1960s.
The Trump administration looked to recast elements of a dour jobs report Tuesday as a sign of strength.
Employers added 64,000 jobs in November, according to data delayed by the government shutdown, but the unemployment rate rose to a four-year high of 4.6 percent.