Articles for High Spending

Trump 2.0: How high spending, tax cuts could rock global markets, end dollar dominance, warns analyst
1 month, 1 week ago

Trump 2.0: How high spending, tax cuts could rock global markets, end dollar dominance, warns analyst

Live Mint  

The second term of Donald Trump, often referred to as "Trump 2.0," could bring heightened volatility to global stock and bond markets, highlighted a report by LLama Research. The report highlighted that Trump's economic agenda, which is expected to include high public spending, tax cuts, and rising government deficits, could drive up bond yields and create turbulent conditions in financial …

Markets Trump Bond Tax Cuts Bond Yields High Spending
Coaching centre deaths: Delhi HC pulls up authorities, slams freebies culture
4 months, 3 weeks ago

Coaching centre deaths: Delhi HC pulls up authorities, slams freebies culture

Deccan Chronicle  

New Delhi: The Delhi High Court on Wednesday pulled up authorities over the deaths of three UPSC aspirants who drowned in the basement of a coaching centre, saying such tragedies are bound to happen when there is no collection of taxes due to a "freebies culture". A bench headed by Acting Chief Justice Manmohan said a "strange probe" was going …

Delhi
Spending Night at Same Hotel as 6 Himachal Rebel MLAs, Vikramaditya Now Plans to Meet Congress High Command in Delhi
9 months, 3 weeks ago

Spending Night at Same Hotel as 6 Himachal Rebel MLAs, Vikramaditya Now Plans to Meet Congress High Command in Delhi

News 18  

Himachal Pradesh’s high-profile minister Vikramaditya Singh reportedly met the the six rebel Congress MLAs at hotel in Haryana’s Panchkula on Friday. Singh, who is the son of Himachal Congress president Pratibha Singh, is said to have told chief minister Sukhvinder Singh Sukhu to take back the legislators. Congress’ central observer DK Shivakumar said CM Sukhu had taken the responsibility of …

Congress Singh Mlas Vikramaditya Shivakumar Himachal Pradesh Himachal
Tories hail Chancellor's tax-cutting Autumn Statement after he gives Brits a £450 boost by slashing 2p off national insurance and hands firms £10bn perk - but watchdog warns the burden will STILL hit
1 year, 1 month ago

Tories hail Chancellor's tax-cutting Autumn Statement after he gives Brits a £450 boost by slashing 2p off national insurance and hands firms £10bn perk - but watchdog warns the burden will STILL hit

Daily Mail  

Tories hailed Jeremy Hunt's tax-cutting Autumn Statement tonight after he handed around 30million Brits a national insurance boost. 'It's time to get Sid investing again,' said Mr Hunt; The OBR forecasts that inflation will fall to 2.8 per cent next year, and only reach the Bank of England's 2 per cent target by 2025; The economy is predicted to grow …

Government London Labour Tesla Pension Income Tax British
Jeremy Hunt takes an axe to taxes... but is it enough? Chancellor gives Brits a £450 boost by slashing 2p off national insurance and hands firms 'biggest-ever' £10bn tax break - only for watchdog to w
1 year, 1 month ago

Jeremy Hunt takes an axe to taxes... but is it enough? Chancellor gives Brits a £450 boost by slashing 2p off national insurance and hands firms 'biggest-ever' £10bn tax break - only for watchdog to w

Daily Mail  

Jeremy Hunt handed around 30million Brits a tax cut today as he gambled on driving economic growth to save the Tories. 'It's time to get Sid investing again,' said Mr Hunt; The OBR forecasts that inflation will fall to 2.8 per cent next year, and only reach the Bank of England's 2 per cent target by 2025; The economy is …

Business Government Salary London Insurance Labour Taxes
US prices stay high, showing inflation pressures persist
1 year, 7 months ago

US prices stay high, showing inflation pressures persist

Associated Press  

WASHINGTON — Consumer prices in the United States rose again in April, and measures of underlying inflation stayed high, a sign that further declines in inflation are likely to be slow and bumpy. The Federal Reserve’s policymakers have been closely watching services prices, and April’s figures could lead them to do what they had signaled after their meeting last week: …

Costs Prices Spending High Fed Higher Services Inflation
Holiday procrastinators are back in force. Blame inflation.
2 years ago

Holiday procrastinators are back in force. Blame inflation.

Associated Press  

NEW YORK — Last year, Lucila Gomez and her husband started their holiday shopping around Thanksgiving and wrapped it up a week before Christmas, spending $750 on tablets and clothing for their three children and relatives. We want to go into the New Year not owing anything.” Last minute holiday shoppers are back in force — and inflation is partly …

Retail Inflation Sales Spending Her Husband Holiday Shopping Black Friday
Analysis: Why is inflation so high, and when will it ease?
3 years ago

Analysis: Why is inflation so high, and when will it ease?

LA Times  

Customers shop at a Best Buy store in Overland Park, Kan., on Black Friday. Economists at Wells Fargo have joked grimly that the Labor Department’s CPI — the consumer price index — should stand for “consumer pain index.” Unfortunately for consumers, especially lower-wage households, it’s all coinciding with their higher spending needs right before the holiday season. “A sizable chunk …

Economy Inflation Prices Price Spending High Biden
National Cabinet to meet after coronavirus spending leads to record high debt and deficit
4 years, 5 months ago

National Cabinet to meet after coronavirus spending leads to record high debt and deficit

ABC  

The continuing coronavirus outbreak in Victoria will be a key feature of today's National Cabinet meeting, when state and territory leaders meet with the Prime Minister to discuss the country's response to COVID-19. Key points: National Cabinet will discuss localised outbreak responses and the Victoria outbreak today National Cabinet will discuss localised outbreak responses and the Victoria outbreak today The …

Outbreak Victoria National Cabinet