Latest in Back Tax Increases
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Reeves insists she will not be ‘coming back with more tax increases’
UK chancellor describes last week’s £40bn tax-raising Budget as a ‘one-off reset’ and one ‘we will never need . . . again’World - Financial Times - 6 hours ago -
Inheritance tax increases expected in Budget
It is not known how many people are likely to end up paying more under the government's plan.Top stories - BBC News - October 17 -
Business and wealthy bear brunt of £40bn tax increases in UK Budget
Markets unsettled by extent of government borrowing as Rachel Reeves boosts spendingBusiness - Financial Times - October 30 -
Can Nashville Persuade Voters That a Sales Tax Increase Is Worth the Price?
Desperate to compete with other growing cities, Nashville’s leaders are trying once again to convince voters that a sales tax increase is worth the price.Top stories - The New York Times - 2 days ago -
Autumn budget live: Rachel Reeves raises taxes by £40bn and increases spending on NHS and schools
Chancellor announces changes to employers’ national insurance contributions, inheritance tax, capital gains tax and other duties. Budget 2024: key points at a glance Full report: Reeves raises ...World - The Guardian - October 30 -
Samsung falls short of expectations as chipmaker fails to reap AI benefits
Third-quarter operating profit far lower than analyst consensus and trails domestic rival SK HynixWorld - Financial Times - 6 days ago -
Donald Trump and the autocrats' playbook
‘This is a man who should be nowhere near power’World - Financial Times - 6 days ago -
UK Labour’s Budget borrows big, taxes more
Chancellor Rachel Reeves announced a £40bn tax increase and a sharp rise in borrowingWorld - Financial Times - 6 days ago -
Bank of Japan holds rates but signals normalisation still on track
Political uncertainty following election upset raises risks of abrupt policy shifts, warn analystsWorld - Financial Times - 6 days ago -
FirstFT: US consumers continue to spend, spend, spend
Also in today’s newsletter, North Korea fires its longest-ever test missile, and the activists ready to challenge the election resultWorld - Financial Times - 6 days ago -
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Stellantis hit by sales slide in US and Europe
Fiat, Jeep and Peugeot owner suffers 27% drop in third-quarter sales but signals improvement to US inventoryWorld - Financial Times - 6 days ago -
Rachel Reeves goes back to the future with a tax and spend budget
Chancellor heeds calls long made on the left for spending to match other European countries with rise of £70bn a year. Autumn budget live – latest updates Budget 2024: key points at a ...World - The Guardian - October 30 -
Labour challenges Badenoch to back billions for public services and tax rises
Rachel Reeves throws down budget gauntlet to new Tory chief as party’s first black leader is congratulated on win. Labour has thrown down an immediate challenge to the new Tory leader, Kemi ...World - The Guardian - 4 days ago -
Asia has ‘enormous’ shortfall of funds to adapt to climate change, warns ADB
Development bank report says region still needs hundreds of billions of dollars for action to tackle impact of global warmingWorld - Financial Times - 6 days ago -
Chinese sanctions hit US drone maker supplying Ukraine
Beijing’s move leaves California company rushing to find new battery providersWorld - Financial Times - 6 days ago -
Roche Increases Dividend on Higher Sales
Roche said it would increase its dividend after its hemophilia injection Hemlibra and multiple sclerosis treatment Ocrevus lifted sales in the first nine months of the year.Business - The Wall Street Journal - October 23 -
IRS Increases Standard Deductions for 2025
Inflation pushes up the deductions to $15,000 for single taxpayers and married individuals filing separately and $30,000 for couples who file jointly.Business - Inc. - October 23 -
Boardmasters organisers increase security measures
Organisers of the Newquay music festival announce increases in security measures for the 2025 event.Top stories - BBC News - 12 hours ago -
Trump Flirts With the Ultimate Tax Cut: No Income Taxes at All
The former president has repeatedly praised a period in American history when there was no income tax, and the country relied on tariffs to fund the government.Business - The New York Times - October 24 -
Growing cost of elder care an increasing burden for families
The growing cost of elder care is putting an increasing burden on American families. NBC News' Christine Romans profiles one American family dealing with the financial and emotional burdens of ...Top stories - NBC News - October 15 -
Migrant deportations to increase, says EU chief
The EU chief made the comments to member states, as Italy kicks off a contested migrant processing scheme.Top stories - BBC News - October 17 -
After Decades of Increases, CEO Pay Dipped in 2023
An annual study of chief executive compensation found average pay dropped nearly 20 percent last year, reflecting a reduction of stock options in their pay packages.Business - Inc. - October 17 -
Egypt increases fuel prices by 10% to 17%
Egypt has raised fuel prices by between 10% and 17%, a move likely to impact the cost of both goods and servicesWorld - ABC News - October 18 -
Why WNBA Scoring Hasn’t Increased Like in the NBA
The WNBA set milestones in countless metrics this season, from total attendance, to social media engagement to TV viewership. One area in which the W didn’t have a banner year, however, is scoring ...Sports - Yahoo Sports - October 17 -
Killer's 'unduly lenient' jail sentence increased
John Paul Whitla was previously handed a minimum 15-year prison sentence for killing Nathan Gibson.Top stories - BBC News - October 21 -
How to increase your chances of seeing the northern lights
Stargazers should prepare themselves for an uptick in aurora borealis -- or northern lights -- activity as the current solar cycle nears its peak.Top stories - ABC News - October 21 -
Water regulator signals further increase to bills in England
Companies pushing for prices to increase by up to 84% on top of inflation over next 5 years to boost investmentBusiness - Financial Times - October 22 -
Democrats knock McDonald’s over price increases
A group of Democratic senators knocked McDonald’s over its price increases and its “dominant market position” as the largest fast-food chain across the country. In a letter sent to McDonald’s ...Politics - The Hill - October 22 -
Report shows steady increase in abortions in states with bans
Since the end of Roe v. Wade in 2022, the number of women receiving abortions has increased steadily and consistently in nearly every state that has banned it, according to a new comprehensive ...Politics - The Hill - October 22 -
Companies’ earnings reports increase volatility of US stocks
Share prices swing as high valuations and uncertain outlook put investors on edgeWorld - Financial Times - October 26 -
UK Budget as it happened: Rachel Reeves raises tax, spending and borrowing
Taxes rise as chancellor delivers the first Labour budget since 2010Business - Financial Times - October 30 -
Exxon beats earnings estimates, increases fourth-quarter dividend
Exxon's stock rose in early trading after beating earnings expectations.Business - CNBC - 5 days ago -
With Oil Prices Weak, OPEC Plus Postpones Increases Again
Saudi Arabia, which leads the group, appears wary of unsettling markets just before the U.S. presidential election on Tuesday.Business - The New York Times - 2 days ago -
Latino support for Trump increases from 2020
Vice President Kamala Harris is winning the Latino vote over former President Donald Trump nationwide. NBC News’ Hallie Jackson details why this matters and notes that support for Trump has grown ...Top stories - NBC News - 22 hours ago -
Goodbye to low-tax Britain
One does not need to subscribe to hyperbolic Tory rhetoric to recognise that this Budget heralded a major shiftBusiness - Financial Times - October 30 -
These two ‘low tax’ states are getting socked with fast-rising property taxes
Nationally, property taxes in major cities have gone up 30% since 2019, according to a new Redfin analysis.Business - MarketWatch - October 29