taxes

A tax is a compulsory financial charge or some other type of levy imposed upon a taxpayer by a governmental organization in order to fund various public expenditures. A failure to pay, along with evasion of or resistance to taxation, is punishable by law.

Source: en.wikipedia.org

NY Fed: Businesses Are Already Passing Along Tariff Costs to Consumers
NY Fed: Businesses Are Already Passing Along Tariff Costs to Consumers
June 04, 2025  |  Economy

Just before tariffs took root in April, PYMNTS Intelligence found in its “Certainty Project” report that a majority of firms across various sectors anticipated higher...

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Remittance Tax Critics Warn of Unintended Consequences
Remittance Tax Critics Warn of Unintended Consequences
June 03, 2025  |  Cross-border Payments

The “One Beautiful Bill” that’s made its way through the House and now is up for debate (and possible changes) in the Senate will have...

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Fed Governor Lisa Cook: Tariffs Threaten Price Stability and Employment
Fed Governor Lisa Cook: Tariffs Threaten Price Stability and Employment
June 03, 2025  |  Economy

The U.S. economy remains solid, but tariff-driven uncertainty is complicating the Federal Reserve’s efforts to balance price stability and maximum employment, Federal Reserve Governor Lisa...

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Bringing the Momentum Back to Enterprise Digital Transformation
Bringing the Momentum Back to Enterprise Digital Transformation
June 02, 2025  |  B2B Payments

Digital transformation should result in digital capabilities, but it appears to be losing its momentum in many organizations. As companies grapple with tighter budgets and...

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Goldman Sachs President John Waldron: Dealmaking Outlook Is Still ‘Quite Good’
Goldman Sachs President John Waldron: Dealmaking Outlook Is Still ‘Quite Good’
May 29, 2025  |  Partnerships

Goldman Sachs President and Chief Operating Officer John Waldron said he is confident in the bank’s dealmaking pipeline despite tariff-related uncertainty. “Our investment banking business...

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Tariffs Force 81% of Middle-Market CFOs to Abandon Long-Term Investments for Short-Term Tactics
Tariffs Force 81% of Middle-Market CFOs to Abandon Long-Term Investments for Short-Term Tactics
May 28, 2025  |  Economy

Think consumers are worried about how much more they’ll pay this summer for a new sofa or barbecue grill thanks to the President Donald Trump...

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The Conference Board: Consumer Confidence Rises After US-China Trade Deal
The Conference Board: Consumer Confidence Rises After US-China Trade Deal
May 27, 2025  |  Consumer Insights

Consumer confidence picked up in May after five months of decline, The Conference Board said Tuesday (May 27). The Conference Board attributed the rise to...

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Temu Parent PPD’s Profits Fall 38% Amid Tariff Pressures
Temu Parent PPD’s Profits Fall 38% Amid Tariff Pressures
May 27, 2025  |  Earnings

The parent of Chinese eCommerce giant Temu said tariffs helped eat into its quarterly profits. PDD Holdings attributed this 38% year-over-year decline in the first...

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Small Businesses Say Administration’s Tariffs Are ‘Appalling and Hard to Deal With’
Small Businesses Say Administration’s Tariffs Are ‘Appalling and Hard to Deal With’
May 27, 2025  |  SMBs

While Wall Street rejoiced at the U.S.-China tariff truce, small businesses have less to celebrate. As The New York Times (NYT) reported Tuesday (May 27), these enterprises...

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