What you should know about the US debt ceiling deal

Save articles for later Add articles to your saved list and come back to them any time. US President Joe Biden and House Republican Speaker Kevin McCarthy on Saturday reached an agreement in principle to lift the debt ceiling that would trim some US federal spending. While the bill is still being written, the general […]

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Germany Enters Recession In Q1

German economy entered a technical recession in the first quarter of this year as household consumption slumped amid the rising cost of living that is fueled by high inflation, revised data from the statistical office Destatis showed Thursday. Gross domestic product declined a seasonally and calendar adjusted 0.3 percent from the fourth quarter of last […]

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New Zealand Central Bank Hikes Rate To 14-Year High

The Reserve Bank of New Zealand raised its benchmark rate by a quarter-point and signaled that the rate will remain restrictive for the foreseeable future. The Monetary Policy Committee, led by RBNZ Governor Adrian Orr, decided to lift the Official Cash Rate by 25 basis points to 5.50 percent, its highest since December 2008. This […]

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PwC tax scandal referred to AFP for criminal investigation

Save articles for later Add articles to your saved list and come back to them any time. Treasury has confirmed it has referred the PwC tax scandal, involving former partner Peter Collins, to the Australian Federal Police for a criminal investigation. “PwC Australia’s former head of international tax, Mr Peter Collins, improperly used confidential Commonwealth […]

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Washington Governor Inslee Expands Working Families Tax Credit

Washington state launched the new Working Families Tax Credit in February that is estimated to benefit about 400,000 families. Now, Gov. Jay Inslee has signed legislation to expand this tax credit from Washington state. Changes To Tax Credit From Washington State Applications for the new Working Families Tax Credit opened Feb. 1, offering up to […]

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