Latest in People's Incomes Catching
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People's incomes are catching up with their debt
Credit card debt levels keep smashing records, but average balances are lower relative to borrowers' earnings than pre-pandemic and delinquencies are slowing.Top stories - NBC News - 7 hours ago -
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Brazil launches a G20 social summit to highlight needs of low-income people
Brazil has launched what it calls a social summit ahead of next week’s Group of 20 meeting of the top economiesWorld - ABC News - Yesterday -
From Overworked Operator to Passive Income Owner
How entrepreneurs can rethink their business strategy to one relying on self-management.Business - Inc. - October 25 -
IRS unveils Roth IRA income limits for 2025
The IRS unveiled the Roth individual retirement account income limits for 2025.Business - CNBC - November 1 -
Trump announces Tom Homan as incoming border czar
President-elect Donald Trump announced late that Tom Homan, the former acting director of U.S. Immigration and Customs Enforcement, will be his administration's "border czar."Politics - NBC News - 5 days ago -
Stargazers around the world catch supermoon
The brightness of the moon would allow ancient communities to increase hunting at this time of year - hence the name.Top stories - BBC News - October 17 -
When to catch the last supermoon of the year
Astronomers say better catch this week's supermoonTech - ABC News - 4 days ago -
Employers Added Just 12,000 Jobs in October—but There’s a Catch
Storms and strikes are complicating the true picture of the labor market, economists say. Nonetheless, there’s still evidence of a gradual cooling.Business - Inc. - November 1 -
Pickens' amazing catch features in NFL best plays
Watch the best plays from week ten in the NFL, featuring an amazing catch by Pittsburgh Steelers wide receiver George Pickens.Top stories - BBC News - 4 days ago -
Travelers’ stock soars as earnings triple despite record catastrophe losses
ravelers’ stock surges toward another record after earnings beat expectations by a wide margin, amid a sharp improvement in underlying profitability.Business - MarketWatch - October 17 -
Reeves looks to keep ‘stealth tax’ freeze on thresholds
Budget move on individual income could raise £7bn a year towards plugging £40bn fiscal shortfallBusiness - Financial Times - October 18 -
IRS announces new federal income tax brackets for 2025
The IRS has announced higher federal income tax brackets and standard deductions for 2025. Here's what taxpayers need to know.Business - CNBC - October 22 -
IRS unveils 2025 income tax brackets: Where do you fall?
Among the changes announced Tuesday are adjustments to standard deductions and marginal tax brackets.Politics - The Hill - October 22 -
IRS announces new federal income tax brackets for 2025
The IRS has announced new federal income tax brackets and standard deductions for 2025.Top stories - NBC News - October 22 -
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 -
Here's how to leverage higher income limits for the 0% capital gains bracket
Bigger earnings limits are coming for the 0% capital gains brackets in 2025. That could offer tax planning opportunities, financial experts say.Business - CNBC - October 25 -
Trump doubles down on replacing income taxes with tariffs in Joe Rogan interview
Vice President Kamala Harris has attacked the tariff policy proposed by Donald Trump, calling it effectively a "sales tax" on Americans.Business - CNBC - October 26 -
Vance says eliminating federal income taxes is not ‘realistic’ as Trump floats it
Donald Trump has floated the idea of eliminating the federal income tax. In an interview with Meet the Press, his running mate, JD Vance, says the idea is not “realistic,” calling it an ...Politics - NBC News - October 27 -
Most in Oregon opposed to measure creating universal basic income: Poll
A poll conducted by the Public Policy Polling firm shows that 54% of Oregon voters oppose a state effort to provide every Oregonian with $1,600 a year in basic income, citing potential negative ...Politics - The Hill - October 28 -
Trump proposes eliminating the income tax. Here's what experts think.
Experts cast doubt on whether the lost revenue could be replaced with tariffs.Top stories - ABC News - October 28 -
Revealed: the growing income gap between Europe’s biggest and smallest farms
Big farms rake in record profits when food prices soar, while small farms struggle on razor-thin margins. ‘Welfare for the rich’: how farm subsidies wrecked Europe’s landscapes . The income gap ...World - The Guardian - November 2 -
Five economic areas the incoming US president needs to tackle
New administration must find a way to maintain growth while repositioning the economyWorld - Financial Times - November 5 -
USDA ban on school lunch fees for low-income families begins in 2027
Struggling families pay as much as 60 cents per dollar in fees when paying for school lunches electronically, according to CFPB report.Top stories - CBS News - November 6 -
Japan’s new kingmaker pushes for income tax threshold rise
Yuichiro Tamaki’s once-fringe DPP has leverage over Prime Minister Shigeru Ishiba’s weakened ruling partyWorld - Financial Times - November 8 -
Incoming Trump presidency threatens millions of Americans’ healthcare plans
Congress likely not to renew extended ACA coverage next year and Trump’s ‘concepts of a plan’ for US healthcare are unknown. US elections 2024 – live updates Millions of Americans are at risk ...World - The Guardian - November 8 -
Elon Musk Uses X to Promote Trump’s Incoming Administration
Since the election, Mr. Musk has used his social media company to talk up how bright the future will be under the president-elect.Business - The New York Times - 6 days ago -
JPMorgan launches European version of JEPI, the largest active ETF
The manager has also launched JEPQ, another active US equity income ETF that has been hugely successful in the USWorld - Financial Times - 5 days ago -
SteamWorld Creators Announce Incoming Layoffs And Focus On Third-Party Games
Thunderful Games, the developer of the SteamWorld series, has announced 80-100 layoffs at the company and a reshifting focus for third-party games. In a press release , the company said the ...Tech - GameSpot - 15 hours ago -
EU markets need to commit to catch up with US on T+1
Adoption of new settlement cycle has led to greater efficiency, increased liquidity and enhanced risk mitigationWorld - Financial Times - October 18 -
Amari Cooper's first catch with Bills goes for a touchdown to give Buffalo lead
The trade for Amari Cooper already is paying dividends for the Bills.Sports - Yahoo Sports - October 20 -
Every Keon Coleman catch from 125-yard game Week 7
Watch every catch by Buffalo Bills wide receiver Keon Coleman from his 125-yard game during Week 7 of the 2024 NFL season.Sports - Yahoo Sports - October 20 -
Ireland signs extradition treaty with UAE in effort to catch Kinahan cartel
Daniel Kinahan is one of Europe’s most wanted criminals and prominent member of Dubai-based ‘super cartel’Business - Financial Times - October 21 -
Silver’s scarcity factor is helping it catch up to gold’s record run
While gold prices have repeatedly set fresh record highs this year, silver has been rallying as well — with one analyst predicting that prices for the precious and industrial metal will reach $40 ...Business - MarketWatch - October 21 -
FirstFT: HSBC overhaul to divide businesses along east-west lines
Also in today’s newsletter, EY fires staff for ‘cheating’ and Mubadala Capital’s private equity pushWorld - Financial Times - October 22 -
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Bitcoin bulls aim for $90,000 as crypto plays catch-up to MicroStrategy rally
A weekly look at the most important news and moves in crypto, and what’s on the horizon in digital assets.Business - MarketWatch - October 23
