Economic stimulus

Business

UK Treasury chief in position of power as PM Truss struggles

LONDON — As British Prime Minister Liz Truss struggles to retain her authority, one man is seen to be in…

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Business

UK slashes personal, corporate taxes in bid to spur growth

LONDON — Britain’s new Conservative government announced Friday it will cut personal income tax, scrap a planned tax hike on…

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Business

Layoffs loom on the horizon, some economists say

From rising inflation to a red-hot job market and the negative gross domestic product in between, economists are divided on…

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Business

Royal fans give London tourism a bump amid UK economic woes

LONDON — Royal fans have poured into the heart of London to experience the flag-lined roads, pomp-filled processions and, above…

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Health

EU: Pandemic measures to total about $5.85 trillion

The European Union’s top economy official says that the recovery measures the EU and its 27 member states have in…

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Business

10-year Treasury yields will break out of slump within weeks, Wells Fargo predicts

The 10-year Treasury Note yield may be on the verge of breaking out of its slump. After stabilizing over the…

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Business

The third round of stimulus checks helped, but millions of Americans are still struggling

While the number of Americans struggling to put food on the table and pay bills fell last month, new data…

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Business

With that $1,400 stimulus check, people weigh ‘revenge spending’ to saving and investing

A pedestrian wearing a protective mask walks past the Macy’s Inc. flagship store in the Herald Square area of New…

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Business

AmEx’s purchase of online lender Kabbage left desperate PPP borrowers in the cold

Close-up of logo for finance company Kabbage on paper on a light wooden surface, June 13, 2019. Smith Collection/Gado |…

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Business

IRS had a backlog of nearly 12 million paper tax returns by Christmas, says watchdog

Samuel Corum/Bloomberg via Getty Images The IRS had a backlog of almost 12 million paper tax returns from individuals and…

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