Month: September 2022

With record inflation now squeezing American household budgets, you can thank our Senior Fellow Emeritus Steve Entin for shielding U.S. workers from being pushed into higher tax brackets. If ever there was a paycheck protection program, defending people from bracket creep may be the most important one ever designed. It all started some 40 years
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In this article ORCL CHWY MSFT CRDO AMBA Microsoft Corporation headquarters at Issy-les-Moulineaux, near Paris, France, April 18, 2016. Charles Platiau | Reuters Stocks broke a three-week losing streak on Friday, but uncertainty looms over the horizon as the Federal Reserve prepares for its September meeting. The prospect of a sizable interest rate hike is
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Helen Cortez / EyeEm | Getty Images Determining who benefits most from student loan forgiveness — the poor, middle class or wealthy — may sound like a straightforward exercise. But an exact calculation is difficult, according to economists and education experts. Aside from challenges related to the available data, future financial benefits that will accrue
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The chief executive of one of Germany’s biggest banks, Commerzbank, sought to reassure investors Thursday about the prospect of non-performing loans this winter, saying banks are far better placed to cope compared to previous crises. “The German economy is facing a difficult time ahead of us due to the Ukraine conflict, China, supply chain problems
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