U.S. Existing Home Sales Unexpectedly Plunge 3.4% In April

The National Association of Realtors released a report on Thursday unexpectedly showing a steep drop in U.S. existing home sales in the month of April. NAR said existing home sales plunged by 3.4 percent to an annual rate of 4.28 million in April after tumbling by 2.6 percent to a revised rate of 4.43 million in March. The extended pullback […]

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Here’s How to Claim California’s Middle Class Tax Refund

California started sending out the inflation relief payment, called the Middle Class Tax Refund from October of last year. Although the state is already done sending the refund money, it is estimated that over a million Californians have not yet claimed the Middle Class Tax Refund. Not Yet Claimed The Middle Class Tax Refund? What To Do Eligible recipients received […]

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The ‘dirty 34’ and PwC’s global tax dodge

Save articles for later Add articles to your saved list and come back to them any time. The inner workings of one of the most secretive and powerful consulting firms in the world, PwC, has been laid bare in a document made public last week, revealing the firm’s brazen attempt to use confidential government tax plans to cultivate fresh business […]

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Germany Factory Orders Fall Most Since Onset Of Pandemic

German factory orders posted the biggest decline since the onset of the coronavirus pandemic in 2020, suggesting that manufacturing weighed on the economic activity in the first quarter. Factory orders decreased by a more-than-expected 10.7 percent month-on-month in March, offsetting the revised 4.5 percent increase in February, data released by Destatis showed on Friday. Orders were forecast to drop moderately […]

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U.S. Labor Productivity Tumbles In Q1, Unit Labor Costs Spike

The Labor Department released a report on Thursday showing U.S. labor productivity tumbled by much more than expected in the first quarter of 2023. The report said labor productivity plunged by 2.7 percent in the first quarter after jumping by a revised 1.6 percent in the fourth quarter. Economists had expected labor productivity to slump by 1.8 percent compared to […]

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