Prices of goods decrease, inflation remains low, despite the U.S. gathering record tariff income.

Prices of goods decrease, inflation remains low, despite the U.S. gathering record tariff income.

July Inflation Update Inflation remained stable in July, with the Federal Reserve’s key measure indicating a slight easing of cost pressures. This counters earlier predictions from Fed Chairman Jerome Powell regarding upcoming tariffs that will impact consumer prices. The personal consumption expenditure (PCE) price index saw a 2.6% increase from the previous year, aligning with […]

The implementation of negative income tax for Thai expats relies on politics.

The implementation of negative income tax for Thai expats relies on politics.

Confusion Surrounds Thailand’s Upcoming Negative Income Tax The Pheu Thai government’s recent announcement about implementing a negative income tax (NIT) by 2027 has sparked various reactions. Finance Minister Pichai Chunhavajra has indicated that this initiative may be part of broader financial adjustments, potentially including an increase in VAT from the current 7%. As it stands, […]

Jennifer Siebel Newsom earning a significant income from her nonprofit, according to sources

Jennifer Siebel Newsom earning a significant income from her nonprofit, according to sources

California Governor Gavin Newsom’s wife operates a company that includes many of her husband’s former Democratic aides, collecting substantial sums from the state and lobbyists, as indicated by public records. Reports state that Jennifer Sebel Newsom, a documentary director, has even received a donation from a firm lobbying her husband for her representative project, which […]

Monthly Tariff Income Reaches $25 Billion

Monthly Tariff Income Reaches $25 Billion

Trump’s Tariff Policy Sees Significant Revenue Increase Donald Trump’s customs policy appears to be yielding positive financial results. In July, tariff revenue reportedly reached $25 billion, as indicated by the Responsible Federal Budget Committee. The monthly tariff revenue saw a substantial jump from $7 billion to $25 billion, according to findings shared by the Washington […]

3 Overlooked Dividend Stocks for Passive Income Investors to Consider in August

3 Overlooked Dividend Stocks for Passive Income Investors to Consider in August

Dividend Stocks as Indicators of Economic Recovery Many investment decisions can be swayed by emotions, like diving into stocks purely for quick gains without considering long-term strategies. However, there are effective ways to lessen the emotional impact on investing choices. Dividend-paying stocks can help with this. Since they provide passive income, investors can earn returns […]

Federal budget gap increases by $109 billion even with added tariff income

Federal budget gap increases by $109 billion even with added tariff income

Federal Budget Deficit Grows Amid Increased Tariff Revenue Victor Davis Hanson, a senior fellow at the Hoover Institution, will address the mounting pressure on the Federal Reserve to lower interest rates during an upcoming segment on “Kudlow” in September. So far this year, the U.S. federal government has seen its annual budget deficit balloon by […]