May 24, 2022

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National News
Govt may borrow more, cut revenue expenditure

Govt may borrow more, cut revenue expenditure

The additional borrowing requirement will be worked out later as the fiscal year has just started, the person said on the condition of anonymity. The government expects the tax cuts on fuel over the weekend to cool inflation, which shot up to an eight-year high in April. Following a fertilizer subsidy h...
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Small businesses lose confidence in US economy

Small businesses lose confidence in US economy

Fifty-seven percent of small-business owners expect economic conditions in the U.S. to worsen in the next year, up from 42% in April and equal to the all-time low recorded in April 2020, according to a survey of more than 600 small businesses conducted in May for The Wall Street Journal by Vistage World...
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