“The UK is behaving a bit like an emerging market turning itself into a submerging market,” former U.S. Treasury Secretary says
admin “Between Brexit, how far the Bank of England got behind the curve and now these…
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Yellen: Inflation will come down next year
Treasury Secretary Janet Yellen on Thursday said she believed high U.S. inflation would fall next…
Read MoreWhat to expect from the U.K finance minister’s budget this Friday
U.K. finance minister Kwasi Kwarteng is set to reveal the government’s budget this Friday, and…
Read MoreThe IRS has good news for you if you filed your taxes late during the pandemic —but you need to act before this deadline
The Internal Revenue Service gets grouchy when people do not file their income taxes on…
Read MoreGOP legal challenges may freeze Biden’s plan for student-loan forgiveness in October, just before midterm elections
WASHINGTON—The Biden administration and Republican opponents of mass student debt cancellation appear headed for a…
Read MoreFed will need ‘great skill’ and ‘good luck’ to bring down inflation without crashing the economy, Yellen says
The Federal Reserve has to use its judgment to bring inflation down along with the…
Read MoreIRS reviewing facility security measures amid extremist threats to employees
WASHINGTON — Responding to an increasing number of threats borne of conspiracy theories that agents…
Read MoreYes, the IRS is hiring criminal investigators that can use deadly force — but here’s some context
The Internal Revenue Service’s operations are catching heat as it looks increasingly likely the tax…
Read MoreU.S. budget deficit narrows by record amount in July by one measurement
The numbers: The U.S. federal budget deficit has narrowed by a record amount in the…
Read MoreInflation Reduction Act would send $80 billion to the IRS. Tax experts say it may not be enough to help the backlogged agency.
For roughly a year, Jonathan Baer watched a paper folder full of tax-related paperwork slowly…
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