Category: Budgets and Budgeting

What Germany’s Election Result Means for Its Economy

The next German government faces calls to loosen borrowing rules, slash energy costs and spur innovation. It won’t be easy.
E.V. Owners Don’t Pay Gas Taxes. So, Many States Are Charging Them Fees.

States are using higher registration fees for electric cars to make up for declining fuel taxes, but some are punitive, environmentalists say. A federal tax could be coming.
Soaring Bond Yields Put U.K. Government’s Economic Plan at Risk

Investors are demanding sharply higher yields on government bonds, threatening to upend the Labour Party’s plans to reinvigorate a stagnant British economy.
How a New Year’s Resolution Can Set Up Financial Goals for Success

Don’t give up on resolving to do better, psychologists and personal finance experts say. The key is to reframe the way you think about it.
Moody’s Downgrades France’s Credit Rating

The action, which will put pressure on the nation’s borrowing costs, reflects doubt that a new government can mend the deteriorating financial situation.
It’s Not Too Late to Rein In Holiday Spending

Research suggests that you’ll spend less than you otherwise would by setting a strict budget — even if you go over the budget.
France’s Prime Minister Michel Barnier Loses No-Confidence Vote

Prime Minister Michel Barnier will most likely remain as a caretaker until a replacement is named. But the vote could further unsettle credit markets and create a wider opening for the far right.
Collapse of France’s Government Further Burdens Its Weak Economy

Already struggling with flat growth and a large debt and deficit, the country faces a new period of instability without a functioning government or a budget.
Investors Punish France Over Budget Turmoil

The country’s borrowing costs have soared over worries that a political showdown in Parliament over spending cuts and tax increases could topple a fragile government coalition.
Trump Promised Sweeping Economic Changes. Can Republicans Turn Them Into Law?

Republicans are juggling complex political and tactical questions as they plan their congressional agenda next year.
U.K. Budget Makes a Big Bet on Spending for Growth

The Labour Party is betting that extra spending on public services and more investment will eventually revitalize the country’s stagnant economy.
UK Budget: Labour Party to Raise Capital Gains and Inheritance Taxes

Rachel Reeves, the new finance minister, announced substantial tax increases in her first budget as she sought to strengthen public finances and services.