Latest in Sales Tax Increase
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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 - 21 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 -
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 -
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 - 5 days ago -
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Reeves expected to focus rise in capital gains tax on share sales
Chancellor likely to increase CGT in October 30 Budget as part of efforts to close £40bn funding gapBusiness - Financial Times - October 16 -
Labour’s promise of change requires a clearer message
Starmer’s government must learn from leaders who transformed Britain: Attlee, Blair and, yes, ThatcherWorld - Financial Times - October 18 -
A ‘full fat’ Budget is impossible — what are the trade-offs?
Traditional Labour measures on tax and borrowing will need to be balanced with thinner fare to keep to fiscal constraintsBusiness - Financial Times - October 18 -
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 - 5 days ago -
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 - 5 days ago -
Donald Trump and the autocrats' playbook
‘This is a man who should be nowhere near power’World - Financial Times - 5 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 - 5 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 - 5 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 - 5 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 - 5 days ago -
U.K. government bond yields hit 2024 highs as traders balk at increased debt sales
Benchmark U.K. bond yields hit their highs of the year on Thursday as investors balked at the increased borrowing set out in the government’s budget.Business - MarketWatch - 5 days ago -
Ford's October vehicle sales increase 15.2% from subdued levels due to labor strike in 2023
Ford on Monday reported a 15.2% increase in U.S. new vehicles sales in October compared with subdued levels during a union strike in October 2023.Business - CNBC - 20 hours 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 - 5 days ago -
Chinese sanctions hit US drone maker supplying Ukraine
Beijing’s move leaves California company rushing to find new battery providersWorld - Financial Times - 4 days ago -
Apple sales rise 6%, company seeing early iPhone 16 demand
Apple reported earnings after the bell. Here are the results.Business - CNBC - 3 days ago -
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 -
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 - 6 days ago -
Exxon beats earnings estimates, increases fourth-quarter dividend
Exxon's stock rose in early trading after beating earnings expectations.Business - CNBC - 3 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 - 18 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 - 5 days ago