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Increased consumer spending contributed to the change

Closeup of paper man pushing tax wooden block on table against gray background

The next step is narrowing the menu of tax possibilities, focusing on measures likely to pass

Chalk drawing of house

Sales of new homes last month rose 1.5%, following an increase in July as well

four people straining to pull against a single hand

White House officials harbour frustrations over the slow pace of distributing money for some of its programs

U.S. flag

Toronto-based firm has acquired or made deals for 21 U.S. wealth firms since last year

Focused young fashion designer in eyeglasses working with sewing machine

The lower-than-expected reading should ensure the Fed leaves its interest rate unchanged at next week's meeting

The White House in Washington DC, United States

The proposed top tax rate would revert to 39.6% on couples earning more than $450,000

  • By: Lisa Mascaro
  • September 13, 2021 September 22, 2023
  • 13:33
Federal reserve building, Washington DC. USA.

The U.S. economic pullback reflects concerns about the delta variant

wall street, new york city

America's employers added just 235,000 jobs last month

factory workers

The weekly jobs count has mostly fallen steadily since early January