Feds Collected $34,400 Per Household In Taxes In 2023
The federal government collected approximately $34,400 in taxes per American household in calendar year 2023, according to data published by the Treasury Department and the Census Bureau. From January through December 2023,…
Thai Q3 household debt to GDP slows but remains a risk
BANGKOK (Reuters) – Thailand’s household debt to gross domestic product ratio dropped to 86.8% in the third quarter from 88.1% in the previous quarter, central bank data showed on Friday, as the…
Euro zone economic growth revised up with household, business support
BRUSSELS (Reuters) – Euro zone gross domestic product (GDP) grew by slightly more than initially estimated, data from the European statistics agency Eurostat showed on Wednesday, with household spending and business investment…
Indonesian household spending seen stable, investment to rise in Q4 – Finance Minister
JAKARTA (Reuters) – Indonesian household spending will likely remain stable in the fourth quarter, while investment will probably rise, Finance Minister Sri Mulyani Indrawati said on Thursday. For the whole of 2022,…
S. Korea household credit grows at slowest annual rate in at least 20 years
SEOUL (Reuters) – South Korea’s household credit grew at the slowest annual pace in at least two decades in the third quarter, central bank data showed on Tuesday, amid a steep rate…
Italy’s regulated household electricity prices to rise 59% in Q4 – ARERA
ROME (Reuters) – Italy’s regulated household electricity prices will increase by 59% in the fourth quarter, Italy’s energy authority ARERA said in a statement on Thursday, as Russia’s war on Ukraine impacts…
South Africa FDI inflows drop in Q2, household debt rises
JOHANNESBURG (Reuters) – South Africa’s foreign direct investment (FDI) inflows dropped in the second quarter of 2022, while household debt levels rose and consumption expenditure slowed, central bank data showed on Tuesday.…
Thai economy improving but household debt a problem – Finance Minister
BANGKOK (Reuters) – Thailand’s economy is improving but the country is facing issues with people’s debt and the government will seek to ease problems in the longer term, Finance Minister Arkhom Termpittayapaisith…
Canada Q2 household debt-to-income ratio widens to new record high
Sept 12 (Reuters) – The ratio of Canadian household debt-to-income widened to a record 181.7% in the second quarter from an downwardly revised 179.3% in the first quarter, Statistics Canada said on…
Euro zone Q2 growth revised up, supported by household spending
BRUSSELS (Reuters) – Euro zone economic growth was stronger than previously estimated in the second quarter, data showed on Wednesday, as household spending recovered after half of year of stagnation despite the…
U.S. household debt tops $16 trillion amid rising inflation
(Reuters) – U.S. household debt increased to a record $16.15 trillion in the second quarter, driven mostly by a $207 billion jump in mortgage balances, with credit card and auto loan debt…
EDF nationalisation will not raise French household power bills – government
PARIS – The planned nationalisation of French power utility EDF will not result in an increase in the electricity bills of French households, government spokesman Olivier Veran said on Sunday. “The nationalisation…
U.S. Attorney Announces $1.5 Million Settlement With Tzumi Innovations, LLC For Selling Unregistered Antimicrobial Household Products During The Covid-19 Pandemic
Damian Williams, the United States Attorney for the Southern District of New York, and Lisa F. Garcia, Regional Administrator of the U.S. Environmental Protection Agency (“EPA”), announced today that the United States…
Phil Murphy to Pay Illegal Immigrants in New Jersey Sanctuary State $4,000 Per Household Using COVID Funds
TRENTON, NJ – New Jersey Governor Phil Murphy is going to be giving $2,000 checks to illegal immigrants hiding under the state’s sanctuary protection blanket, with a household maximum of $4,000 soon.…
Column-Crypto regulators may see 10% household exposure as high watermark :Mike Dolan
By Mike Dolan LONDON – Whatever the broader financial or economic stability risks of volatile crypto tokens, government watchdogs may reasonably balk at 10% household exposure to loosely-regulated speculative punts that double…
Strong household finances may mean Fed must to do more -Kashkari
(Reuters) – Minneapolis Federal Reserve Bank President Neel Kashkari on Thursday suggested that because household finances are in some cases in better shape than before the pandemic, the Fed may end up…
U.S. household debt nears $16 trln, but mortgage, auto loan demand wanes – NY Fed
(Reuters) – U.S. household debt rose to a record $15.84 trillion in the first quarter driven almost entirely by a $250 billion increase in home loan balances, but the rise was the…
Outlook for Afghan economy ‘dire’ as household incomes shrink – World Bank
(Reuters) – The outlook for Afghanistan’s economy is dire with per capita income having fallen by over a third in the last four months of 2021 after the Islamist Taliban seized power…
EU to subsidise household fuel prices surging amid Ukraine crisis
By Jan Strupczewski BRUSSELS – EU finance ministers agreed on Tuesday to subsidise household fuel prices and offer support to companies hit by surging energy prices as a result of Russia’s invasion…
U.S. household debt increased by $1 trillion in 2021, the most since 2007
By Jonnelle Marte – U.S. consumer debt loads grew in 2021 by the largest amount in 14 years as people ramped up borrowing to afford homes, cars and other goods that are…
Atlanta man sentenced to prison for attempting to conceal firearms in overseas shipment of household goods
SAVANNAH, GA: An Atlanta man has been sentenced in federal court after admitting he attempted to hide firearms in an overseas shipment of goods. Shawn Sabi, 53, of Atlanta, was sentenced to…
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