Federal Insurance Contributions Act tax
WASHINGTON (AP) — A robust recovery for the global economy remains well out of reach. That’s the view that emerges from a survey of economists just as the Federal Reserve is expected this week to […]
WASHINGTON (AP) — The U.S. economy added 175,000 jobs in May, a gain that shows employers are hiring at a still-modest but steady pace despite government spending cuts and higher taxes. The unemployment rate rose […]
WASHINGTON (AP) — This year got off to a sour start for U.S. workers: Their pay, already gasping to keep pace with inflation, was suddenly shrunk by a Social Security tax increase. Which raised a worrisome question: Would consumers stop spending?
WASHINGTON (AP) — After nearly stalling in late 2012, the American economy quickened its pace early this year despite deep government cutbacks. The strongest consumer spending in two years fueled a 2.5 percent annual growth rate in the January-March quarter.
WASHINGTON (AP) — Americans shrugged off higher taxes to lift the U.S. economy at the start of the year. Government spending fell, though, and the impact of the tax increases along with federal budget cuts could slow growth later this year.