Economics

G20 ministers take up plan to deter cross-border tax dodging Fallback Image Decorative pattern

Tax News

G20 ministers take up plan to deter cross-border tax dodging

Approval of the sweeping tax package is likely at the G20 meeting Friday and Saturday

By David Mchugh, The Associated Press |July 9, 2021

4 min read

U.S. consumer spending flat in May Fallback Image Decorative pattern

Economic Indicators

U.S. consumer spending flat in May

Consumer spending stalled as incomes dropped for a second month and inflation posted a sizeable gain

By Martin Crutsinger, The Associated Press |June 25, 2021

3 min read

Retail sales fell 5.7% in April amid pandemic’s third wave Retail sales fell 5.7% in April amid pandemic’s third wave

Economic Indicators

Retail sales fell 5.7% in April amid pandemic’s third wave

The monthly drop was the largest since the pandemic began

By The Canadian Press |June 23, 2021

2 min read

U.S. administration is watching inflation closely, Yellen says Fallback Image Decorative pattern

Economic Indicators

U.S. administration is watching inflation closely, Yellen says

No one wants to relive the double-digit inflation of the 1970s, Yellen told the Senate Finance Committee on Wednesday

By Martin Crutsinger, The Associated Press |June 16, 2021

2 min read