Washington – Americans are growing pessimistic about the U.S. economy as the Iran war continues to shake out, with sentiment falling across all income groups — including the wealthiest. Consumer sentiment fell 6% this month to a final reading of 53.3, the University of Michigan said Friday, down from what was reported earlier this month, … Read more
Washington – Americans are growing pessimistic about the U.S. economy as the Iran war continues to shake out, with sentiment falling across all income groups — including the wealthiest. Consumer sentiment fell 6% this month to a final reading of 53.3, the University of Michigan said Friday, down from what was reported earlier this month, … Read more
Federal Treasurer Jim Chalmers has committed to tax reform in his next budget, but added that no decision has been made on whether capital gains tax will be part of those changes. Speaking to the ABC’s Alan Kohler in the first episode of his That’s Business podcast, Mr Chalmers said of his upcoming May 12 … Read more
Economists are growing more cautious about the economic situation as the conflict in Iran continues. Moody’s Analytics raised its recession outlook for the next 12 months to 48.6%, in line with Goldman Sachs, which now predicts a 30% risk of recession, and EY-Parthenon, which puts the chances of a recession at 40%. The underlying probability … Read more
This featured article is based on a conversation with Carl Murawskia 44-year-old business professional and content creator who lives in Connecticut. Edited for length and clarity. I am a licensed electrician, construction contractor, and YouTuber who teaches my audience why crafts are the future. I have an Associate’s degree in general studies, Connecticut E2 electrician’s … Read more