A Tax Loophole’s Powerful Defender

Senator Kyrsten Sinema had one main request before she would support a key spending bill: Preserve a tax loophole that mainly benefits people in private equity. Story Published at: August 5, 2022 at 02:02PM Continue Reading…

Doing the Math on the Inflation Reduction Act

The bill involves at least $260 billion in spending over 10 years, with a focus on energy and climate, but it would raise taxes by more than that, a congressional analysis found. Story Published at: August 2, 2022 at 02:36PM Continue Reading…

The Fed Won’t Say the ‘R’ Word

<img “=”” src=”https://www.nytimes.com/images/2022/07/28/multimedia/28db-fed/28db-fed-horizontalMediumAt2X.jpg” style=”display:none”> Chair Jerome Powell was asked in every way possible whether the economy was in, or headed toward, a recession. Story Published at: July 28, 2022 at 01:34PM Continue Reading… Powell keeps it sunny The Federal Reserve is continuing its aggressive campaign to cool inflation, even as the economy begins to slow. The U.S. central bank raised […]

Big Tech and the Fed

Some tech companies’ earnings are flagging, in what could be a positive sign for the Federal Reserve. Story Published at: July 27, 2022 at 01:09PM