Marginal tax rate is the rate you pay on your last dollar of income, based on your tax bracket. Effective tax rate is the average rate you pay on all of your income. Understanding the difference is ...

In December 2025, India's unemployment rate slightly increased to 4.8% from 4.7% in November, as per the PLFS report by MoSPI. Rural joblessness remained steady while urban rates saw a minor uptick.

Anas Sarwar has promised to cut the 50p rate of tax paid by workers like teachers and police officers. The Scottish Labour leader said the high marginal rate of tax was a “quirk” of the system for ...

Each year, the IRS nudges dozens of tax numbers so ordinary pay rises aren’t secretly taxed away. For tax year 2026—the returns you’ll file in early 2027—those adjustments reflect recent law changes ...

Worries about an exodus of millionaires from New York City are not supported by economics. New York City Democratic Socialists of America hold a rally in Union Square marking the start of a campaign ...

A federal judge handed Abbott Laboratories another win this week in its yearslong battle over the safety of its formulas for babies born prematurely — a decision that could have implications for ...

The IRS has released new federal income tax brackets for 2026, the agency announced in a news release published on Thursday, Oct. 9. The updates are due to changes in inflation and a new tax law that ...

The United States has a progressive tax system, meaning that as your income increases, the portion of income that falls within the higher bracket is taxed at higher rates. Essentially your income is ...

One of New York City mayoral nominee Zohran Mamdani’s campaign promises has been to increase taxes on the wealthy and use that revenue to fund the ambitious social programs that make up his campaign ...

US central bank's next policy meeting is on September 16-17 Futures contracts point to 10% chance of half-percentage-point rate cut Fed's benchmark interest rate could drop to 3.25%-3.50% by January ...

The eurozone economy grew marginally over the three months through June, figures confirmed Friday, leaving the European Central Bank unlikely to cut its key interest rate next week. Across the 20 ...

The rule of 72 is a shortcut investors can use to determine how long it will take their investment to double based on a fixed annual rate of return. To use the rule of 72, divide 72 by the fixed rate ...