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House Speaker Kevin McCarthy agreed to raise the debt ceiling – and avoid an unprecedented US default – but only if Democrats agree to freeze spending and agree to several other demands.
The federal government wanted to give taxpayers a couple months to prepare the year’s taxes. But as filing became more complex, the date was pushed back.
The co-hosts of the ‘Taxes for the Masses’ podcast explain the upside and downside of all those credits and deductions.
The Fed’s campaign of rate hikes is showing more signs of having the intended effect of slowing the economy – but that may be bad news for those who lose their jobs or have a harder time finding one.
Domestic resource mobilisation cannot be achieved by over-taxing the livelihoods of the most vulnerable workers in the informal sector.
The Fed raised rates by a quarter-point – less aggressive than had been expected before the current banking crisis, but signaling inflation is still its focus.
The latest consumer prices report shows cost of living is still rising far above the Fed’s target. But don’t expect monetary policymakers to aggressively hike rates.
There are at least five errors that marred the currency redesign policy of the Central Bank of Nigeria, most of which could have been avoided.
The Windsor framework will still cause Northern Ireland’s GDP but less than that expected under the protocol.
Your super is likely exposed to major nature-based risks. How big a risk? We don’t know - because to date, banks and super funds haven’t looked into it. But that’s likely to change
The future and fate of Nigeria depends on the strength of character and dedication of the incoming president.
What I’ve learned on the journey to happiness.
The US spent $232 billion paying interest on the national debt in the first quarter of 2023 as the Fed jacked up borrowing costs.
The rising cost of living doesn’t hit all Americans equally. Yet the benchmark figure for charting the rising cost of living excludes people in rural areas.
Tobin’s q is perhaps the most used indicator in economic sciences. Economists use this indicator to identify growth prospects of firms and economies. But they may be interpreting it incorrectly.
Ghana’s finance ministry is struggling to build consensus on the country’s debt burden.
For the first time since 1961, deaths in China have outpaced births – and unlike that one-year decline, the downward trend is likely to continue.
For a country that aspires to reduce bureaucracy and liberalise its financial sector, currency redesign and cash withdrawal limits can only be counter-intuitive.
A drop in gas prices helped tame inflation in December 2022. But grocery prices and housing costs continued to rise.
Top contributors
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Professorial Fellow, University of Canberra
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Professor of Economics & Business, Allegheny College
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Associate Professor of Markets, Public Policy and Law, Boston University
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Visiting Professor at the Business School, University of the Witwatersrand
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Associate Lecturer, University of Aberdeen
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Professor of Economics, University of Nebraska Omaha
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Part-Time Professor of Economics, The New School
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Senior Lecturer in Economics, The Open University
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Distinguished Professor, Arthur J. Gosnell Professor of Economics, & Interim Head, Department of Sustainability, Rochester Institute of Technology
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Founding Director, Institute for Sustainability, University of Surrey
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Associate Professor of Finance, Mississippi State University
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Dean of Business School, University of Southern Queensland
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Professorial Fellow, Institute of Development Studies
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Professor of Economics, UNSW Sydney
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Research Fellow New South Institute, Emeritus Professor at The Nelson Mandela School of Public Governance, University of Cape Town
