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'Every day has been like triage': The early end of this lucrative COVID-era tax credit is disappointing to this small business owner, but many overlooked itCongress created the Employee Retention Credit earlier in the pandemic as an incentive for employers. 'If I didn’t have this program, I would have lost a lot of money. t’s just another thing I guess I need to deal with,' said a Minneapolis business owner.
Source: MarketWatch - 🏆 3. / 97 Read more »
Americans are racking up credit-card debt again — as mortgage forbearance ends and prices continue to riseIn total, household debt increased by $286 billion in the third quarter to $15.24 trillion, according to data published Tuesday by the New York Fed. Welcome to a destabilizing economy. Just 15t… Xmas spendings here they come.
Source: MarketWatch - 🏆 3. / 97 Read more »
European markets head for lower open ahead of U.S. inflation dataEuropean stocks are expected to open lower on Tuesday ahead of a key reading of U.S. inflation data.
Source: CNBC - 🏆 12. / 72 Read more »
European markets head for lower open ahead of next U.S. inflation readingEuropean stocks are expected to open lower on Wednesday as market participants await the next key reading of U.S. inflation data.
Source: CNBC - 🏆 12. / 72 Read more »
Japan stocks set for lower start after data shows U.S. consumer inflation surged in OctoberData released overnight showed the U.S. consumer price index in October seeing its biggest surge in more than 30 years.
Source: CNBC - 🏆 12. / 72 Read more »
Double Whammy From Inflation Data Ups Risk For MarketsCPI and PPI inflation have both spiked for October, suggesting the transitory inflation view may prove too optimistic.
Source: Forbes - 🏆 394. / 53 Read more »