Economy

Quebec budget: Eric Girard cuts taxes, cuts debt repayments as economy stagnates

Quebec budget: Eric Girard cuts taxes, cuts debt repayments as economy stagnates

Quebec, Canada’s second-largest province, is cutting income taxes and reducing the amount it withdraws into a debt relief fund as it prepares for a period of slow growth and economic uncertainty. Finance Minister Eric Girard’s new budget cuts the tax rate in the two lowest income brackets, a break equal to C$814 for those earning …

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German investor morale collapses over banking problems - ZEW

German investor morale collapses over banking problems – ZEW

March reading of 13.0 against expected 17.1 Ending a five-month streak of increases Uncertainty about banks reflected in dip BERLIN, March 21 (Reuters) – German investor sentiment eased in March as concerns over a new financial crisis ended a five-month streak of consecutive gains, economic research institute ZEW said on Tuesday. The institute’s index, which …

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Inflation Relief Checks Live Updates: Tax Refunds, Recession, Student Loans, Housing Market...

Inflation Relief Checks Live Updates: Tax Refunds, Recession, Student Loans, Housing Market…

Headlines: Tuesday, March 21, 2023 – Bank shares are following steadily rescue of Credit Suisse – Central banks announce “coordinated effort to increase the supply of liquidity” – Cool set to raise the interest rate again this week, despite turmoil – First Republic Bank struggling to surviveconsidering options including sales – Wall Street warns of …

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The banking crisis is knocking on investor confidence, studies show

The banking crisis is knocking on investor confidence, studies show

LONDON, March 21 (Reuters) – This month’s turmoil in the U.S. banking system and renewed recession worries have left global investor confidence at one of the lowest levels in 20 years, and that’s not even accounting for this week’s demise of Credit Switzerland. A monthly survey by investment bank BofA after the collapses of Silicon …

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Inflation is even taking a bite out of Coloradans' Big Macs

Inflation is even taking a bite out of Coloradans’ Big Macs

DENVER (KDVR) — This one hurts. With inflation still running rampant across a financially exhausted US, there are few breaks to catch. There are some small reprieve as rents and home prices have ceased their upward march in early 2023, but the pandemic has still increased the cost of living across the board faster in …

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Premarket stocks: Five questions for the Federal Reserve as the banking crisis drags on

Premarket stocks: Five questions for the Federal Reserve as the banking crisis drags on

New York (CNN) The Federal Reserve has a lot of balls in the air: Central bank officials are trying to juggle their economic goals of maximum employment and price stability while maintaining financial safety and security amid a banking meltdown. This week we will hear from Fed officials for the first time since the collapse …

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