Minimum Wage Definition, Current Rate and Eligibility Minimum wageis the least dollar amount that employers must pay tononexemptemployees per hour, as mandated by local, state or Federal law. Employers may pay employees by some other method than hourly, such as by piecework or commission. But,...
The US current account deficit narrowed by $1.6 billion to $194.8 billion in the fourth quarter of 2023, equivalent to 2.8% of GDP and falling short of market expectations of a $209 billion gap. The secondary income gap declined to $38.9 billion from the previous period's $47.5 billion, ...
For bonds issued now through April of 2023, the rate is 6.89%.This type of bond doesn’t require you to pay any state income taxes, although federal income taxes apply. Just remember that Series I Savings Bonds aren’t quite as liquid as some other investments. For example, you can ...
The Federal Reserve hiked interest rates 11 times since March 2022 in an effort to bring down inflation, which is expected to eventually lead to ahigher unemployment rate. However, the Fed has slowed down; the Central Bank paused rates at all of its meetings since July 2023. And the Fed h...
Federal Reserve Chairman Jerome Powellin a speech Monday said he still sees a soft landing ahead for the U.S. economy, aided by the central bank shifting interest rates lower.That process started with a September rate cut and will include further “recalibration” as incoming economic data dicta...
then virtually every state politically to the left of FL should be able to make this change. Narrow Federal legislation in this regard might be possible (though unlikely) in the current moment [2]. As this latest tragedy focuses our attention on the issue, I hope politicians will focus on ...
The new, lower reporting trigger takes effect on Jan. 1, 2022, meaning it will affect returns filed in 2023. However, the $600 level applies only to business P2P transactions by sellers of products or services. It was created to catch those vendors whose taxable ear...
Inflation,Interest RatesCentral Banks,economy,federal-reserve,Inflation,Interest Rates,Monetary Policy,US Fed AS Economics Revision- Price Elasticity of Demand September 29, 2024MarkLeave a comment This week I am doing a revision course for AS students and went over Price Elasticity of Demand. Might...
ADVERTISEMENT FEATURE NEWS Chaudhry calls on George Speight to reveal the truth about the 2000 coup Now that he is a free man, one hopes George Speight will reveal the truth about the 2000 coup. He has maintained right from the beginning that he was ... ...
There is another particular issue with supply side inflation - despite all their public assurances, the Federal Reserve does not currently have (and never has had) the monetary tool kit to deal with supply driven inflation. The supplies have to physically increase - and the Fed has no ability...