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Extracted Claims (29746)

But many of these companies register only a tiny share of the profits in the United States, helping them lower their overall tax bill. 0.900

👤 The author 📋 News Article 🏷️ Business , Pharmaceuticals , Tax

Simplified: Many multinational drug companies register only a tiny share of profits in the United States helping them lower their tax bill

1 sources

3 days ago
“core” consumer prices, excluding volatile food and energy categories, rose at a 2.5 percent rate, even without much effect from tariffs. 1.000

👤 The author 📋 News Article 🏷️ Economics

Simplified: Core consumer prices rose 2.5 percent little effect from tariffs

1 sources

3 days ago
They will be better positioned to weather the tariffs if they have “sophisticated tax skills,” Wall Street analysts at the investment bank Leerink wrote to investors in July. 0.800

👤 Wall Street analysts at the investment bank Leerink 📋 News Article 🏷️ Trade , Pharmaceuticals , Business , Tax

Simplified: Drugmakers will be better positioned to weather tariffs if they have sophisticated tax skills according to Leerink analysts

1 sources

3 days ago
Most executives and other employees of multinational drug companies are in the United States. 0.900

👤 The author 📋 News Article 🏷️ Business , Pharmaceuticals

Simplified: Most executives and employees of multinational drug companies are in the United States

1 sources

3 days ago
After-tax incomes, adjusted for inflation, grew at a 3 percent rate, suggesting the strong job market could allow consumers to keep spending. 0.900

👤 The author 📋 News Article 🏷️ Economics

Simplified: After-tax incomes grew 3 percent strong job market could allow consumer spending

1 sources

3 days ago
Consumer prices rose at a 2.1 percent rate in the second quarter, barely above the Fed’s long-term target of 2 percent. 1.000

👤 The author 📋 News Article 🏷️ Economics , Finance

Simplified: Consumer prices rose 2.1 percent second quarter barely above Fed's 2 percent target

1 sources

3 days ago
If they move manufacturing to the United States, they will most likely face a range of increased costs. 0.900

👤 The author 📋 News Article 🏷️ Trade , Pharmaceuticals , Business

Simplified: Drugmakers will most likely face increased costs if they move manufacturing to the United States

1 sources

3 days ago
If they keep production in Ireland, they face billions of dollars in levies. 0.900

👤 The author 📋 News Article 🏷️ Trade , Pharmaceuticals , Business

Simplified: Drugmakers face billions of dollars in levies if they keep production in Ireland

1 sources

3 days ago
The tariffs on medicines from Europe, which could go into effect within weeks, create a new calculus for drugmakers. 0.900

👤 The author 📋 News Article 🏷️ Trade , Pharmaceuticals , Business

Simplified: Tariffs on medicines from Europe create a new calculus for drugmakers

1 sources

3 days ago
High interest rates also continue to weigh on the housing sector, which contracted for the second straight quarter. 0.900

👤 The author 📋 News Article 🏷️ Economics

Simplified: High interest rates weigh on housing sector contracted second straight quarter

1 sources

3 days ago
That was an acceleration from the 0.5 percent rate in the beginning of the year, but well below the 2.8 percent growth in spending in 2024. 1.000

👤 The author 📋 News Article 🏷️ Economics , Statistics

Simplified: 1.4 percent consumer spending acceleration from 0.5 percent beginning year below 2.8 percent 2024

1 sources

3 days ago
For decades, the free flow of medicines across borders “had the side effect of more or less providing manufacturers free rein to play tax games,” said Brad Setser, an economist at the Council on Forei... 0.900

👤 Brad Setser 📋 News Article 🏷️ Trade , Tax , Pharmaceuticals

Simplified: Free flow of medicines across borders provided manufacturers free rein to play tax games according to Brad Setser

1 sources

3 days ago
Consumer spending, the bedrock of the U.S. economy, grew at a 1.4 percent annual rate in the second quarter. 1.000

👤 The author 📋 News Article 🏷️ Economics , Statistics

Simplified: Consumer spending grew 1.4 percent annual rate second quarter

1 sources

3 days ago
The tax-and-spending bill passed by Congress this month could also provide a short-term boost to economic activity, although many budget experts have warned that it could pose a long-term risk by addi... 0.800

👤 The author 📋 News Article 🏷️ Economics , Policy , Finance

Simplified: Tax-and-spending bill could boost economy short-term budget experts warn long-term debt risk

1 sources

3 days ago
Unemployment remains low, measures of consumer confidence have rebounded and tariffs have so far done little to push up prices overall. 0.900

👤 The author 📋 News Article 🏷️ Economics

Simplified: Unemployment remains low consumer confidence rebounded tariffs little effect on prices

1 sources

3 days ago
Such strategies can be legal but have been repeatedly challenged by tax authorities. 0.900

👤 The author 📋 News Article 🏷️ Tax , Regulation

Simplified: Tax avoidance strategies can be legal but have been repeatedly challenged by tax authorities

1 sources

3 days ago
Drugmakers have long shifted their patents and profits there, as well, to avoid billions of dollars in taxes. 0.900

👤 The author 📋 News Article 🏷️ Business , Tax , Pharmaceuticals

Simplified: Drugmakers have long shifted patents and profits to Ireland to avoid billions of dollars in taxes

1 sources

3 days ago
Manufacturing blockbuster medications there offers tax benefits for American drug companies. 0.900

👤 The author 📋 News Article 🏷️ Business , Tax , Pharmaceuticals

Simplified: Manufacturing blockbuster medications in Ireland offers tax benefits for American drug companies

1 sources

3 days ago
Many forecasters expect a further deterioration in the months ahead, as tariffs work their way through supply chains, federal job cuts filter through the economy and stricter immigration policies take... 0.700

👤 Many forecasters 📋 News Article 🏷️ Economics , Trade , Policy

Simplified: Many forecasters expect further deterioration months ahead tariffs federal job cuts stricter immigration policies

1 sources

3 days ago
“We don’t think we’ve seen the full effects from tariffs yet,” said Michael Gapen, chief U.S. economist for Morgan Stanley. 0.800

👤 Michael Gapen 📋 News Article 🏷️ Economics , Trade

Simplified: Michael Gapen says full effects from tariffs not seen yet

1 sources

3 days ago