Annual growth in China's exports and imports slowed in October, data showed on Saturday, reinforcing signs of fragility in the world's second-largest economy that could prompt policymakers to roll out more stimulus measures.
Tags: Tax breaks
In Rare Bipartisan Vote, US House Approves $78 Billion Child, Business Tax Breaks Bill
The House of Representatives has approved a $78 billion bipartisan package that will boost the child tax credit and enhance business tax breaks.
Congress Unveils Bipartisan Deal to Enhance Child Tax Credit, Revive Tax Breaks for Businesses
The chairmen of Congress' top tax policy committees announced on Tuesday a bipartisan initiative to enhance the child tax credit and reintroduce various tax breaks for businesses.
China unveils new incentives to boost employment
China's cabinet unveiled new measures on Friday to boost employment, offering more flexible tax breaks to companies to hire the jobless, preferential loans and incentives for farmers and new graduates.
Brazil's Rousseff says austerity drive to last as long as needed
President Dilma Rousseff appealed to Brazilians on Sunday to back fiscal austerity policies, while saying that the belt-tightening will last as long as needed and positive results will only start showing at the end of this year.
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An online report on UK financial website This Is Money discussed the advantages of investors betting in venture capital trusts at the time when certain economic factors are in their favor.
Democrats urged Republicans to limit tax breaks, executive stock options and other tax preferences enjoyed by hedge fund managers and private equity advisers.
Proposals to overhaul the US tax system could eliminate the billions of dollars in tax breaks enjoyed by corporations.
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