Topic: Tax & Budget — Neutral reports only

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[2026-08-03 23:49 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Title: Key Events This Week: Jobs, ISMs, Fed Speakers And More Earnings On Deck
Snippet: The week ahead will be dominated by the US labor market, with the JOLTS report tomorrow, the ADP employment survey on Wednesday, and building up to Friday’s July employment report. Beyond the US, investors will be watching Swiss inflation today, Swedish inflation on Thursday, German activity data throughout the week (culminating in trade and industrial production figures on Friday), Chinese PMI releases on Wednesday ahead of trade data on Friday, and Japanese wage data and BoJ communications on Wednesday before
Read full article: https://www.zerohedge.com/markets/key-events-week-jobs-isms-fed-speakers-and-more-earnings-deck
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[2026-08-03 23:41 UTC+10:00] [General] [Factuality: 100]
Source: The Manila Times
Title: Nissan posts quarterly profit but warns of Middle East, China risks
Snippet: TOKYO — Nissan Motor Corp. reported Monday that it returned to profit in the first quarter of the fiscal year, helped by cost cutting measures and improved sales in some markets.
Read full article: https://www.manilatimes.net/2026/08/03/business/nissan-posts-quarterly-profit-but-warns-of-middle-east-china-risks/2397174
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[2026-08-03 23:30 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: UK jails man for claiming late mum’s benefits while keeping her body in freezer
Snippet: Christopher Phillips, 60, received about £78,000 in benefits and pension payments after his mother’s death
Read full article: https://www.scmp.com/news/world/europe/article/3362830/uk-jails-man-claiming-late-mums-benefits-while-keeping-her-body-freezer?utm_source=rss_feed
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[2026-08-03 23:30 UTC+10:00] [Detective Chief Inspector Claire Lamerton] [Factuality: 100]
Source: South China Morning Post
Title: UK jails man for claiming late mum’s benefits while keeping her body in freezer
Snippet: Christopher Phillips, 60, received about £78,000 in benefits and pension payments after his mother’s death
Read full article: https://www.scmp.com/news/world/europe/article/3362830/uk-jails-man-claiming-late-mums-benefits-while-keeping-her-body-freezer
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[2026-08-03 22:02 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Title: Futures Rise As Oil Plunge Helps Yields Ease From Nosebleed Highs; All Eyes On Yentervention
Snippet: Futures are higher with both tech and small caps outperforming as Trump points to a deal/advanded discussions with Iran (which Iran is naturally denying), which is helping push energy prices and bond yields lower as the USD depreciates. As of 8:00am ET, S&P futures are up 0.5% while Nasdaq futures rise 0.4% led by Mag 7 stocks higher with Semis lagging.
Read full article: https://www.zerohedge.com/markets/futures-rise-oil-plunge-helps-yields-ease-nosebleed-highs-all-eyes-yentervention
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[2026-08-03 21:52 UTC+10:00] [General] [Factuality: 100]
Source: The Manila Times
Title: Teodoro files bill raising tax-exempt income to P500,000
Snippet: MANILA, Philippines — Marikina First District Rep. Marcelino "Marcy" Teodoro has filed a bill seeking to increase the annual income tax-exempt threshold from P250,000 to P500,000 and providing for the automatic adjustment of income tax brackets every three years based on inflation.
Read full article: https://www.manilatimes.net/2026/08/03/news/teodoro-files-bill-raising-tax-exempt-income-to-p500000/2396969
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[2026-08-03 20:55 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Title: GameStop Shares Plunge As $1.4 Billion Debt-For-Equity Swap Threatens Dilution
Snippet: GameStop shares fell in premarket trading after the company announced it had agreed to exchange about $1.4 billion of zero-coupon convertible notes for Class A shares, allowing the video game retailer to reduce long-term debt without using cash.
Read full article: https://www.zerohedge.com/markets/gamestop-shares-plunge-14-billion-debt-equity-swap-threatens-dilution
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[2026-08-03 20:32 UTC+10:00] [General] [Factuality: 100]
Source: CNBC
Title: Tourism price wars threaten to dim a rare bright spot in China's consumer spending
Snippet: China's domestic tourism market is weakening faster than expected, clouding one of the few bright spots in the country's sluggish consumer economy.
Read full article: https://www.cnbc.com/2026/08/03/china-price-demand-tourism-hotel.html
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[2026-08-03 20:30 UTC+10:00] [General] [Factuality: 100]
Source: New York Post
Title: NYC lifeguard ‘Boss of the Beach’ scores $570K pension on taxpayers’ tab: report
Snippet: See more of our coverage in your search results.
Read full article: https://nypost.com/2026/08/03/us-news/nyc-lifeguard-boss-of-the-beach-scores-570k-pension-on-taxpayers-tab-report/
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[2026-08-03 19:01 UTC+10:00] [All News] [Factuality: 100]
Source: The Korea Herald
Title: Korea tax overhaul rewards resident homeowners, targets multiple properties
Snippet: Package also raises foreign-worker flat tax to 21% and introduces production credits for strategic industries
Read full article: https://www.koreaherald.com/article/10829532
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[2026-08-03 19:00 UTC+10:00] [General] [Factuality: 100]
Source: South Korea
Title: Gist of 2026 tax code revisions
Snippet: SEOUL, Aug. 3 (Yonhap) -- The following are the key features of the tax code revisions unveiled by the finance ministry on Monday, which aim to lay the groundwork for a major economic leap forward under the vision the government calls the "Irreplaceable Republic of Korea." The Republic of Korea is the official name of South Korea.
Read full article: https://en.yna.co.kr/view/AEN20260803003600320
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[2026-08-03 19:00 UTC+10:00] [General] [Factuality: 100]
Source: South Korea
Title: Tax code revision to trim breaks for high-end homes, boost domestic production
Snippet: SEJONG, Aug. 3 (Yonhap) -- South Korea on Monday unveiled a new set of tax code revisions centered on reducing tax benefits for owners of high-value homes, while extending support to businesses engaged in the domestic production of critical supply chain items.
Read full article: https://en.yna.co.kr/view/AEN20260803003800320
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[2026-08-03 17:57 UTC+10:00] [All News] [Factuality: 100]
Source: The Korea Herald
Title: People Power Party defends leader's W206m US trip spending
Snippet: The main opposition People Power Party on Monday defended its leader Rep. Jang Dong-hyeok over criticism concerning the cost of his trip to the US, saying that the visit was carried out on a smaller budget than previous party leaders.
Read full article: https://www.koreaherald.com/article/10829512
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[2026-08-03 16:39 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: China’s social security fund boosts stakes in A-share firms in first 7 months, data shows
Snippet: National Social Security Fund increased onshore stock stakes, targeting tech as state pension returns hit 5.76 per cent to bolster national reserves
Read full article: https://www.scmp.com/business/banking-finance/article/3362766/chinas-social-security-fund-boosts-stakes-share-firms-first-7-months-data-shows?utm_source=rss_feed
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[2026-08-03 16:39 UTC+10:00] [social security sovereign fund] [Factuality: 100]
Source: South China Morning Post
Title: China’s social security fund boosts stakes in A-share firms in first 7 months, data shows
Snippet: National Social Security Fund increased onshore stock stakes, targeting tech as state pension returns hit 5.76 per cent to bolster national reserves
Read full article: https://www.scmp.com/business/banking-finance/article/3362766/chinas-social-security-fund-boosts-stakes-share-firms-first-7-months-data-shows
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[2026-08-03 15:23 UTC+10:00] [News] [Factuality: 100]
Source: Michael West Media
Title: Escorts, drugs: big-spending gamblers’ inducements
Snippet: August 3, 2026 15:23 | News
Read full article: https://michaelwest.com.au/escorts-drugs-big-spending-gamblers-inducements/
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[2026-08-03 14:55 UTC+10:00] [All News] [Factuality: 100]
Source: The Korea Herald
Title: Foreign tourists’ spending surges with medical travel boom
Snippet: Chinese tourist spending jumps 82.7% as health care leads sector growth
Read full article: https://www.koreaherald.com/article/10829161
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[2026-08-03 12:49 UTC+10:00] [General] [Factuality: 100]
Source: AP News
Title: Kay Granger, first Republican woman from Texas to serve in the House, has died at age 83
Snippet: House Appropriations Committee Chair Kay Granger, R-Texas, and her panel begin work on fiscal 2024 spending bills, at the Capitol in Washington, Wednesday, June 14, 2023. (AP Photo/J. Scott Applewhite, File)
Read full article: https://apnews.com/article/kay-granger-texas-death-house-d23ffbe41dea3e373268648bd13e3388
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[2026-08-03 12:27 UTC+10:00] [General] [Factuality: 100]
Source: BBC News
Title: New Spider-Man film sees second-biggest global opening weekend ever
Snippet: Spider-Man: Brand New Day brought in $927m (£687m) of global ticket sales to make it the second-biggest opening weekend ever as it shot past its estimated $225m production budget.
Read full article: https://www.bbc.co.uk/news/articles/c3w052le2elo?at_medium=RSS&at_campaign=rss
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[2026-08-03 10:33 UTC+10:00] [General] [Factuality: 100]
Source: New York Post
Title: Inside the Rise, Fall, and Evolution of Sears Catalog Homes
Snippet: See more of our coverage in your search results.
Read full article: https://nypost.com/2026/08/02/business/from-budget-kit-house-to-historic-collector-item-inside-the-rise-fall-and-evolution-of-sears-catalog-homes/
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[2026-08-03 10:14 UTC+10:00] [General] [Factuality: 100]
Source: New York Post
Title: California GOP leader Heath Flora expenses $11k at local dive bar amid fury at backing Dem tax hikes
Snippet: See more of our coverage in your search results.
Read full article: https://nypost.com/2026/08/02/us-news/california-gop-leader-faces-two-ethics-probes-after-backing-tax-hike/
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[2026-08-03 06:37 UTC+10:00] [All News] [Factuality: 100]
Source: The Korea Herald
Title: [Yoo Choon-sik] Young people need jobs, not explanations
Snippet: South Korea’s government has recently raised its economic growth forecast for this year sharply to 3 percent from 2 percent, citing booming semiconductor exports and the effects of an earlier supplementary budget. If realized, the economy would record its strongest annual expansion since the post-COVID-19 pandemic rebound in 2021, when gross domestic product grew by 4.7 percent.
Read full article: https://www.koreaherald.com/article/10828265
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[2026-08-03 04:54 UTC+10:00] [General] [Factuality: 100]
Source: New York Post
Title: California Democrats defy Gavin Newsom and Xavier Becerra as they vote to back billionaires tax
Snippet: See more of our coverage in your search results.
Read full article: https://nypost.com/2026/08/02/us-news/california-dems-defy-gavin-newsom-xavier-becerra-on-billionaires-tax/
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[2026-08-03 00:01 UTC+10:00] [Housing] [Factuality: 100]
Source: Guardian Australia
Title: House prices slide across Australia as Middle East conflict and tax changes begin to bite
Snippet: Cotality data shows a drop in Brisbane, Adelaide and Perth, as nation’s median home price falls about $19,000 below its March peak
Read full article: https://www.theguardian.com/australia-news/2026/aug/03/house-prices-slide-across-australia-as-middle-east-conflict-and-tax-changes-begin-to-bite
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[2026-08-03 00:01 UTC+10:00] [Politics / Federal] [Factuality: 100]
Source: The Age
Title: House price fall accelerates as rate rises and budget policies hit
Snippet: The national property market is in its deepest downturn since the Albanese government came to office as interest rates, high cost of living and the May budget’s changes to property taxes combine to wipe thousands of dollars off property values.
Read full article: https://www.theage.com.au/politics/federal/house-price-fall-accelerates-as-rate-rises-and-budget-policies-hit-20260731-p60kdj.html?ref=rss&utm_medium=rss&utm_source=rss_feed
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[2026-08-02 23:00 UTC+10:00] [General] [Factuality: 100]
Source: New York Post
Title: Real estate insiders reveal the real cost of Mamdani’s pied-à-terre tax — and what it’s really doing to NYC
Snippet: See more of our coverage in your search results.
Read full article: https://nypost.com/2026/08/02/real-estate/real-estate-insiders-reveal-cost-of-mamdanis-pied-a-terre-tax/
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[2026-08-02 21:44 UTC+10:00] [All News] [Factuality: 100]
Source: The Korea Herald
Title: Disability rights group to stage rush-hour subway protest Monday
Snippet: Disability rights activists will board a Line 4 train at Hyehwa Station at 8 a.m. Monday, beginning a month of weekly rush-hour protests timed to coincide with the government's vote on the 2027 budget bill.
Read full article: https://www.koreaherald.com/article/10828334
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[2026-08-02 21:19 UTC+10:00] [Devolution] [Factuality: 100]
Source: Guardian Australia
Title: Why Andy Burnham’s devolution pledge will be tricky to deliver | Richard Partington
Snippet: Sharing income tax with England’s regional mayors could tackle inequality but many councils are ill-equipped for an enlarged role
Read full article: https://www.theguardian.com/politics/2026/aug/02/andy-burnham-devolution-pledge-tricky-deliver-inequality
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[2026-08-02 19:51 UTC+10:00] [All News] [Factuality: 100]
Source: The Korea Herald
Title: Cha Eun-woo appeals W13b tax bill after paying in full
Snippet: Singer and actor Cha Eun-woo has filed a tax appeal challenging a 13 billion won ($9 million) assessment imposed by the National Tax Service after paying the full amount, according to his agency on Sunday.
Read full article: https://www.koreaherald.com/article/10828314
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[2026-08-02 17:06 UTC+10:00] [General] [Factuality: 100]
Source: AfricaNews
Title: Moroccan migrants return from Ceuta tired and disillusioned
Snippet: Migrants streamed back across the border into Morocco in small groups after spending two or three days in the Spanish enclave of Ceuta, wandering the streets with almost nothing to eat, and little welcome.
Read full article: http://www.africanews.com/2026/08/02/moroccan-migrants-return-from-ceuta-tired-and-disillusioned/
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[2026-08-02 15:03 UTC+10:00] [General] [Factuality: 100]
Source: South Korea
Title: Singer-actor Cha Eun-woo files appeal after paying 13 bln won in taxes
Snippet: SEOUL, Aug. 2 (Yonhap) -- Singer-actor Cha Eun-woo has filed an appeal against the National Tax Service (NTS), after paying some 13 billion won (US$9 million) in additional taxes earlier this year, Cha's agency said Sunday.
Read full article: https://en.yna.co.kr/view/AEN20260802002400315
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[2026-08-02 12:00 UTC+10:00] [News] [Factuality: 100]
Source: Michael West Media
Title: Household spending in spotlight as Iran war drags on
Snippet: August 2, 2026 12:00 | News
Read full article: https://michaelwest.com.au/household-spending-in-spotlight-as-iran-war-drags-on/
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[2026-08-02 11:49 UTC+10:00] [General] [Factuality: 100]
Source: AP News
Title: Owusu equalizes in 59th minute, CF Montréal draws New England Revolution 2-2
Snippet: MONTREAL (AP) — Prince Owusu scored an equalizer in the 59th minute, and CF Montréal erased a two-goal halftime deficit to draw the New England Revolution 2-2 on Saturday.
Read full article: https://apnews.com/article/revolution-montreal-score-5e03751bfe8ddd7c4655b3f844f3fa7e
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[2026-08-02 07:23 UTC+10:00] [General] [Factuality: 100]
Source: New York Post
Title: Mamdani extends deadline to appeal NYC’s new pied-à-terre tax — following intense backlash
Snippet: See more of our coverage in your search results.
Read full article: https://nypost.com/2026/08/01/us-news/mamdani-extends-deadline-to-appeal-nycs-pied-a-terre-tax/
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[2026-08-02 03:25 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Title: The Real Threat To Young Americans' Jobs Isn't AI. It's The National Debt...
Snippet: Authored by Ken Buck via The Epoch Times,
Read full article: https://www.zerohedge.com/personal-finance/real-threat-young-americans-jobs-isnt-ai-its-national-debt
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[2026-08-02 02:05 UTC+10:00] [General] [Factuality: 100]
Source: The Manila Times
Title: The system loss challenge
Snippet: THE apparent highlight of President Ferdinand Marcos Jr.’s State of the Nation Address (SONA) last Monday, July 27, was his directive to Congress to eliminate the system loss charge and the value-added tax (VAT) levied on it from consumer electric bills. As I explained in part 1 of this column on Thursday (July 30), removing the VAT is relatively easy, and there are already bills in Congress that intend to do exactly that.
Read full article: https://www.manilatimes.net/2026/08/02/opinion/columns/the-system-loss-challenge/2396420
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[2026-08-02 02:04 UTC+10:00] [General] [Factuality: 100]
Source: The Manila Times
Title: Villanueva consults Bulacan mayors on priority issues
Snippet: BALIWAG CITY — Sen. Joel Villanueva met with city and municipal mayors across Bulacan on Friday as part of continuing consultations to assess key provincial concerns ahead of the Senate’s deliberations on the proposed 2027 national budget.
Read full article: https://www.manilatimes.net/2026/08/02/regions/villanueva-consults-bulacan-mayors-on-priority-issues/2396392
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[2026-08-02 02:02 UTC+10:00] [General] [Factuality: 100]
Source: The Manila Times
Title: Roblox set for worst one-day drop as discovery changes hurt in-app spending
Snippet: ERROR 404 page not found Click here to go to the home page
Read full article: https://www.manilatimes.net/2026/08/02/business/top-business/roblox-set-for-worst-one-day-drop-as-discovery-changes-hurt-in-app-spending/2396387
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[2026-08-02 01:05 UTC+10:00] [General] [Factuality: 100]
Source: New York Post
Title: SoCal city cutting public safety jobs in bloodbath budget shortfall
Snippet: See more of our coverage in your search results.
Read full article: https://nypost.com/2026/08/01/us-news/long-beach-proposes-layoffs-as-city-faces-58m-budget-deficit/
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[2026-08-01 23:42 UTC+10:00] [General] [Factuality: 100]
Source: New York Post
Title: Spending weekends alone in their PJs instead out going out to have fun: study
Snippet: See more of our coverage in your search results.
Read full article: https://nypost.com/2026/08/01/us-news/gen-z-spending-weekends-alone-in-their-pjs-instead-out-going-out/
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[2026-08-01 22:44 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: Boy, 14, among 57 arrested in crackdown on triad-linked debt collection ring
Snippet: Hong Kong police also dismantle prostitution venue, drug den and three illegal gambling parlours in operation
Read full article: https://www.scmp.com/news/hong-kong/law-and-crime/article/3362648/boy-14-among-57-arrested-crackdown-triad-linked-debt-collection-ring?utm_source=rss_feed
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[2026-08-01 22:44 UTC+10:00] [illegal gambling parlours] [Factuality: 100]
Source: South China Morning Post
Title: Boy, 14, among 57 arrested in crackdown on triad-linked debt collection ring
Snippet: Hong Kong police also dismantle prostitution venue, drug den and three illegal gambling parlours in operation
Read full article: https://www.scmp.com/news/hong-kong/law-and-crime/article/3362648/boy-14-among-57-arrested-crackdown-triad-linked-debt-collection-ring
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[2026-08-01 20:00 UTC+10:00] [Nigel Farage] [Factuality: 100]
Source: Guardian Australia
Title: ‘The lead singer is unavailable’: Is Nigel Farage spending his summer in hiding?
Snippet: The Reform UK leader is keeping a low profile and his approval ratings have sunk since Burnham took office. What’s the outlook for the Clacton byelection?
Read full article: https://www.theguardian.com/politics/2026/aug/01/nigel-farage-reform-uk-return-press-conference-london
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[2026-08-01 17:12 UTC+10:00] [General] [Factuality: 100]
Source: BBC News
Title: Is building a new stadium a way around spending rules?
Snippet: Tottenham Hotspur Stadium cost about £1bn and has a fully retractable grass pitch which slides away to reveal an artificial surface used for NFL games and concerts
Read full article: https://www.bbc.co.uk/sport/football/articles/crl70reg06no?at_medium=RSS&at_campaign=rss
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[2026-08-01 12:52 UTC+10:00] [General] [Factuality: 100]
Source: New York Post
Title: Gavin Newsom’s tax return bait-and-switch: An attack on democracy
Snippet: See more of our coverage in your search results.
Read full article: https://nypost.com/2026/07/31/opinion/gavin-newsoms-tax-return-bait-and-switch-an-attack-on-democracy/
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[2026-08-01 12:35 UTC+10:00] [General] [Factuality: 100]
Source: New York Post
Title: Gavin Newsom’s sneaky tax return ‘release’ sparks outrage
Snippet: See more of our coverage in your search results.
Read full article: https://nypost.com/2026/07/31/us-news/gavin-newsom-faces-backlash-over-restricted-access-to-his-tax-records/
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[2026-08-01 10:00 UTC+10:00] [Adani Group] [Factuality: 100]
Source: Guardian Australia
Title: Adani to pay no company tax despite $1bn revenue from Queensland coalmine
Snippet: Indian conglomerate offsets earnings from Carmichael mine to report $340.6m loss, after promising billions in taxes and royalties
Read full article: https://www.theguardian.com/business/2026/aug/01/adani-to-pay-no-company-tax-despite-1bn-revenue-from-queensland-coalmine
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[2026-08-01 09:40 UTC+10:00] [General] [Factuality: 100]
Source: New York Post
Title: Quiet California town hit with insane sales tax hike and there’s barely anywhere to shop
Snippet: See more of our coverage in your search results.
Read full article: https://nypost.com/2026/07/31/us-news/california-city-of-hercules-have-sales-tax-rise-to-10-75-under-ballot-measure/
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[2026-08-01 08:50 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Title: Argentina's Milei Borrows Warren Buffett's Idea To Punish Deficit-Spending Politicians
Snippet: More than two years after campaigning to "blow up" Argentina's central bank, President Javier Milei has announced his "Fiscal Shackle" bill - a permanent rule aimed at preventing Argentina from approving or maintaining budgets with fiscal deficits that could have consequences for politicians.
Read full article: https://www.zerohedge.com/economics/argentinas-milei-borrows-warren-buffetts-idea-punish-deficit-spending
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[2026-08-01 08:22 UTC+10:00] [General] [Factuality: 100]
Source: ABC News
Title: How Gen Z sees money — and how it drives their spending and saving
Snippet: By Dimitria Panagiotaros
Read full article: https://www.abc.net.au/news/2026-08-01/gen-z-money-habits/106894802
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