Economy
Committee members noted that U.S. economic activity had been growing at a 'solid pace.'
Economy | LATEST STORIES
Chancellor: Tax Cuts 'Virtually Impossible' at the Moment
The UK's total public debt was £2.6 trillion at the end of August or around 98.8 percent of the UK's annual GDP.
UAW Escalates Strike as Progress Stalls
The United Auto Workers (UAW) is escalating its strike at 38 parts and distribution facilities across 20 states for GM and Stellantis.
Retail Sales Bounces Back From Wet July as Consumer Confidence Continues to Grow
In August, the volume of retail sales in Great Britain grew by an estimated 0.4 percent after a 1.1 percent fall in July, according to the ONS.
Recession Signals Intensify as Key Economic Gauge Drops for 17th Straight Month
A key economic indicator that helps predict recessions dropped in August for the 17th consecutive month, suggesting a downturn ahead.
IRS Targets ‘Complex Pass-Through Entities’ Used by High-Income Earners
Pass-through entities are used by the wealthy to 'avoid paying the taxes they owe,' according to the IRS commissioner.
