Canadian businesses are struggling with the constant changes in U. S. tariffs, which have made planning for the future nearly impossible. Wes Love, who runs Taurus Craco in the Toronto area, knows this all too well. His company imports machinery and sends it to the U. S. , but Trump's tariffs have c
China made big changes to how taxes are shared between local and national governments. This put a lot of pressure on local budgets. So, what happened to school funding when money got tight? Researchers looked at what happened after a big tax reform in 2002. They found that counties hit hardest by t
Some Federal Reserve officials are now echoing President Trump's calls for lower interest rates. Michelle Bowman, a key Fed official, recently suggested that the central bank should consider cutting rates soon to support the job market. She believes that if inflation stays under control, a rate cut
Reform UK has a new idea. They want to let non-doms, people who live in the UK but have a home abroad for taxes, pay a big fee. This fee is £250, 000. In return, they won't pay some UK taxes. This includes taxes on money made abroad, capital gains, and inheritance tax. The money from these fees wou
Tariffs have been a hot topic, leaving many wondering what will happen next. One smart economist has an interesting idea. They think Trump might have a clever plan up his sleeve. This plan could keep tariffs at a reasonable level. It would give countries time to open up their economies. This way, ev
The Los Angeles City Council has extended its partnership with FilmLA for another five years. This decision came despite calls from advocacy groups for changes to the city's permitting process. The groups argue that the current system is too complex and costly, which has contributed to a decline in
The U. S. has seen a significant shift in its workforce dynamics. Nearly 1 million foreign-born workers have left the country. This exodus has led to a notable increase in wages for those who remain. The reason behind this trend is not just about arrests and deportations. It is also about a strategy
Consumer spending took a hit in May, with retail sales dropping by 0. 9\%. This decline was worse than the predicted 0. 6\% decrease, according to seasonally adjusted figures. The slowdown was largely due to a drop in gas sales and growing economic uncertainty. This dip followed a modest 0. 1\% decr
Visitors might be shocked to find that their favorite zoos, museums, and aquariums have changed their pricing strategies. This isn't just about the usual inflation. Many places are now using dynamic pricing systems. These systems consider various factors like the day of the week, the season, and eve
The Middle East is on edge as Israel and Iran exchange blows for the third day. Israel took the fight to Iran's doorstep, targeting key sites in Tehran, including the Defense Ministry and locations linked to Iran's nuclear program. Meanwhile, Iran's missiles breached Israeli defenses, striking build
