Italy Cuts Income Tax While Limiting VAT Increases
Prime Minister Mario Monti’s government announced a tax cut for the lowest income levels to compensate Italians for a planned increase in value-added levies next year as part of its 2013 budget plan.
Most Recent Videos
Is the Bond Market Calling the Fed's Rate Bluff?
49:41 - Bond traders are calling the Fed's bluff. For weeks now, everyone from Janet Yellen to Fed newcomer Patrick Harker has been trying to jawbone investors into believing an interest-rate increase in March is on the table. That the meeting is “live.” Yet try as they might, the bond market seems unconvinced there’s much behind the tough talk. Bloomberg's Brian Chappatta has more on "Bloomberg Markets." (Source: Bloomberg)