2 July, 2017 by The TZ Newswire Staff Comments Off on Caixin PMI for June comes in at three-month high, beating forecast
Caixin PMI for June comes in at three-month high, beating forecast
The Caixin China manufacturing PMI for June beat expectations, as the mainland’s economy defies slowdown expectations.
2 July, 2017 by The TZ Newswire Staff Comments Off on Illinois House Approves Historic 32% Tax Increase, Governor Vows Veto
Illinois House Approves Historic 32% Tax Increase, Governor Vows Veto
With Illinois, which on Saturday morning entered its third fiscal year without a budget, facing a catastrophic downgrade, late on Sunday evening the Illinois House approved the most controversial element of a budget package, a tax hike which will increase the income tax rate by 32% from 3.75% to 4.95%, and the corporate income tax rate from 5.25% to 7%, to try and end a historic budget impasse. The bill passed 72-45. The House also approved a $36 billion spending plan minutes later on a 81-34 vote.
2 July, 2017 by The TZ Newswire Staff Comments Off on Illinois House Approves Historic 32% Tax Increase, Governor Vows Veto
Illinois House Approves Historic 32% Tax Increase, Governor Vows Veto
With Illinois, which on Saturday morning entered its third fiscal year without a budget, facing a catastrophic downgrade, late on Sunday evening the Illinois House approved the most controversial element of a budget package, a tax hike which will increase the income tax rate by 32% from 3.75% to 4.95%, and the corporate income tax rate from 5.25% to 7%, to try and end a historic budget impasse. The bill passed 72-45. The House also approved a $36 billion spending plan minutes later on a 81-34 vote.
2 July, 2017 by The TZ Newswire Staff Comments Off on The Crash Of 1929: "Somewhere, Deep Down, They Knew The Party Was Over"
The Crash Of 1929: "Somewhere, Deep Down, They Knew The Party Was Over"
Via Jesse’s Cafe Americain blog,
History may not repeat… but it sure ryhmes…
“…people believed that everything was going to be great always, always. There was a feeling of optimism in the air that you cannot even describe today.”
2 July, 2017 by The TZ Newswire Staff Comments Off on The Crash Of 1929: "Somewhere, Deep Down, They Knew The Party Was Over"
The Crash Of 1929: "Somewhere, Deep Down, They Knew The Party Was Over"
Via Jesse’s Cafe Americain blog,
History may not repeat… but it sure ryhmes…
“…people believed that everything was going to be great always, always. There was a feeling of optimism in the air that you cannot even describe today.”
2 July, 2017 by The TZ Newswire Staff Comments Off on Christie lounges with family on beach at park he shut down
Christie lounges with family on beach at park he shut down
Gov.
2 July, 2017 by The TZ Newswire Staff Comments Off on China Caixin / Markit Manufacturing PMI (June): 50.4 (vs. expected 49.8, previous 49.6)
China Caixin / Markit Manufacturing PMI (June): 50.4 (vs. expected 49.8, previous 49.6)
This is the private survey manufacturing PMI, a different survey to the official PMI we got last week:
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For the China Caixin / Markit Manufacturing PMI (June):