Economists surveying the Dow Jones are satisfied the rise in inflation rate didn’t exceed predictions, and expectations of how fast the CPI would increase. Based on the CPI gauge, the percentage increased by 7% last December 2021. It has been the fastest increase since June 1982, as the November gauge reflected only 0.4% increase in inflation rate. What Exactly is CPI? CPI stands for consumer price index, which is an inflation gauge as it considers the costs of so many items in its calculations. According to the Bureau of Labor Statistics, the percentage had increased by 0.5% every month …
Author: Paden Kegan
Overview of How the “Pandora Papers” Exposed the Dark Side of Offshore Investments
Currently, there’s a growing clamor to put an end to the financial secrecy that enables many prominent personalities to hide their wealth from tax authorities. The outcry is a result of the report released last October 03, 2021 (Sunday) by the International Consortium of Investigative Journalists (ICIJ) that exposed how the world’s richest people, prominent public officials and other well-known personalities used offshore investments to dodge payment of billions of taxes over the past twenty-five years or so. Dubbed as the “Pandora Papers,” the expose` also pointed to the tax havens and wealth managers as the enablers of the tax …
Biden Administration To Reduce Homeless Population via the “House America” Program
White House Press Secretary Jen Psaki recently announced the Biden administration’s “House America” initiative in bringing down the rate of homelessness, occurring throughout the country. Ms. Psaki mentioned that “House America” will be calling on state and local leaders to help in the attainment of ambitious goals that aim to reduce the size of the country;s homeless population. The related government agencies will ask officials of states, counties, and cities to pledge their participation in suppressing homelessness. In return, the federal government will furnish them financial support and other resources to use in working toward the achievement of two important …
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- How to Legally Protect Your Business During a Financial CrisisA financial crisis—whether triggered by a recession, market downturn, or global event—can shake any business to its core. While focusing solely on cash flow and cost-cutting is tempting, legal protection is just as crucial. You could face lawsuits, penalties, or regulatory issues without proper precautions. Working with experienced attorneys in Orlando, Florida can help ensure […]
- How Politics is Shaping the Global EconomyPolitical Decisions Impact Financial Markets Political decisions have a significant effect on the global economy. From changes in trade policies to government regulations, political shifts can drive economic growth or cause stagnation. The Role of Trade Policies Trade policies have become a hot topic in recent years. Governments are increasingly focused on securing advantageous trade […]
