The UK’s Chancellor of the Exchequer, Jeremy Hunt, has defended his decision to raise £25 billion ($30 billion) by raising taxes amid claims by some economists that it would hurt middle-income earners, the so-called “squeezed middle.” Hunt was criticised by former Business Secretary Jacob Rees-Mogg, who said he had taken the “easy option” and should have…
UK Chancellor Defends Decision to Raise Taxes for UK’s ‘Squeezed Middle’
Biden Admin Rolls out ‘Easier’ Process for Student Loan Borrowers to Discharge Debt in Bankruptcy
The Department of Justice on Nov. 17 announced a new process that it says will make it easier for individuals struggling with their student loan debt to discharge it in bankruptcy. “The new process will help ensure consistent treatment of the discharge of federal student loans, reduce the burden on borrowers of pursuing such proceedings and…
10 Websites That Are 100% FREE; Start Making $100—$1,000 Today
Are you looking to bring in some extra money right now? With life getting more expensive daily due to soaring inflation, we’re all feeling the pain in our bank accounts. As tempting as it is to get frustrated by the rising prices, the best action that we can take right now is to focus on…
Closing Prices for Crude Oil, Gold and Other Commodities (Nov. 17)
Benchmark U.S. crude oil for December delivery fell $3.95 to $81.64 a barrel Thursday. Brent crude for January delivery fell $3.08 to $89.78 a barrel. Wholesale gasoline for December delivery fell 6 cents to $2.45 a gallon. December heating oil fell 9 cents to $3.52 a gallon. December natural gas rose 17 cents to $6.37…
A Tax Credit to Reduce Health Care Premiums
By Joy Taylor From Kiplinger’s Personal Finance Question: I’m purchasing health care coverage through my state’s exchange and wonder if I’ll be eligible for a tax credit that reduces my premium. Who qualifies for it? Answer: The premium tax credit is available to eligible individuals who buy health insurance through an exchange. More people qualify…
Surging Mortgage Rates Could Drive Home Prices Down 20 Percent: Dallas Fed
Surging mortgage rates are now threatening to drive U.S. home prices down as much as 20 percent, according to a new study. Many prospective buyers have been pushed out of the market due to rising home prices and higher mortgage rates. The sharp rise in mortgage rates this year “boost the odds of a severe…
New Measure of Inflation Expectations Jumps to Record High as Americans Brace for Even Higher Prices
A weekly measure of inflation launched in February last year has surged to a record high, and is predicting a tougher inflationary environment for American consumers ahead. The Indirect Consumer Inflation Expectations (ICIE) is a joint effort between economists from the Federal Reserve Bank of Cleveland and Morning Consult. It asks survey participants how their…
How to Negotiate a Better Salary
Asking for a bigger salary isn’t the most comfortable situation for most people. Whether you’re interviewing for that dream job or have been employed at the same place for years, this is true. But if you know your skills are worth more money, asking for it is perfectly acceptable. But despite what you bring to…
Which Skills Do Financial Analysts Need?
The financial services industry holds a plethora of career options anywhere in the world, and not just restricted to Wall Street. Both public and private sectors have a significant demand for skilled and experienced professionals in fields such as investment banking, insurance, and quantitative analysis. Such types of work provide comparably high salaries and incentives….
Sometimes You Gotta Bite the Bullet
In a recent poll at my Everyday Cheapskate website, I asked: What would you do with an unexpected windfall of $10,000? Responses ranged from saving every penny to giving all of it away to using it to get caught up on bills. This got me thinking: What fascinating answer would I get if I changed…
-
Recent Posts
-
Archives
- May 2025
- April 2025
- July 2023
- June 2023
- May 2023
- April 2023
- March 2023
- February 2023
- January 2023
- December 2022
- November 2022
- October 2022
- September 2022
- August 2022
- July 2022
- June 2022
- May 2022
- April 2022
- March 2022
- February 2022
- January 2022
- December 2021
- November 2021
- October 2021
- September 2021
- August 2021
- July 2021
- June 2021
- May 2021
- April 2021
- March 2021
- February 2021
- January 2021
- December 2020
- September 2013
- July 2013
- March 2013
- January 2013
- December 2012
- November 2012
- December 1
-
Meta