MoneyRaising taxes on banks and the oil firms risks driving more capital overseas, warns ALEX BRUMMERJune 10, 202423What we have learned from a sterile election debate so far is that Britain appears to be a fiscal basket...
EconomyThe $34 trillion U.S debt is nearly as big as its own economy and there’s (still) no plan to fix itMay 1, 202444Officials from several institutions warn a tipping point is near and it will only get worse if it snowballs into...
FundsMany large U.S. cities are in deep financial trouble. Here’s whyApril 25, 202428Truth in Accounting estimates that 53 of the largest cities in the U.S. were not generating enough revenue to pay...
EconomyU.K. Economy Offers Conservatives Few Options as a Tough Election NearsMarch 8, 202437Tradition dictates that the United Kingdom chancellor is allowed an alcoholic drink while delivering the government’s annual tax and spending...
BankingDo You Pay Taxes on Savings Account Interest? | Banking AdviceJanuary 25, 202432Key Takeaways: The IRS treats interest earned on money in a savings account as taxable income. Your financial institution issues...
BankingSwiss bank Banque Pictet admits hiding Americans’ income from IRSDecember 4, 202394Between 2008 and 2014, the bank had 1,637 accounts on behalf of American clients, who collectively evaded approximately $50.6 million...
EconomyThe Tories AND Labour lie to us about taxes. And both ignore the vital reforms that are needed to get Britain’s economy firingNovember 24, 202346The Conservative and Labour parties now blatantly lie to voters about taxes. 'The biggest tax cut in history,' blared the...
CryptocurrencyYou could owe 0% capital gains tax for cryptocurrency in 2023November 17, 202365If you own cryptocurrency for more than one year, you qualify for long-term capital gains tax rates of 0%, 15%...
Banking‘India-US are natural partners amid global challenges,’ says JP Morgan Chase CEO Jamie Dimon: ReportSeptember 26, 2023128JPMorgan Chase CEO Jamie Dimon said that India and America are natural partners amid global challenges. Speaking to CNBC-TV18, Dimon...
MortgagesJust How Unaffordable Is the US Housing Market?August 29, 202322You hear a lot these days how unaffordable housing has become in the US. One way to think about affordability...