Tax office denies trying to avert board probe into PwC

Save articles for later Add articles to your saved list and come back to them any time. The Australian Tax Office has denied pressuring the Tax Practitioners Board to call off an investigation into PwC breaches of confidential Treasury data, as Treasury officials were described as “sleeping at the wheel”. […]

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UK Service Sector Maintains Strong Growth Momentum

The UK service sector continued to expand at a solid pace in May amid robust rises in output and new business despite mounting inflationary pressures fueled by higher wage costs, survey data from S&P Global revealed Monday. The final Chartered Institute of Procurement & Supply services Purchasing Managers’ Index dropped […]

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Swiss Economy Rebounds In Q1

The Swiss economy rebounded at a faster-than-expected pace at the start of the year on robust domestic demand, government data showed on Tuesday. Gross domestic product grew 0.3 percent sequentially in the first quarter after stagnating in the fourth quarter of 2022, the State Secretariat for Economic Affairs, or SECO, […]

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The US will pay a big price for its game of chicken

Save articles for later Add articles to your saved list and come back to them any time. The House Republicans gambled with the fate of the US financial system and economy, and potentially the global financial system and economy, for this? The in-principle deal that House speaker Kevin McCarthy agreed […]

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Fed Minutes Point To Uncertainty About Interest Rate Outlook

The Federal Reserve released the minutes of its May monetary policy meeting on Wednesday, indicating uncertainty about the outlook for interest rates. The minutes revealed participants generally agreed that in light of the lagged effects of cumulative tightening in monetary policy and the potential effects on the economy of a […]

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