Sitting down to do your taxes in the next few weeks – or talking with your tax preparer – will involve tackling the most sweeping changes in the federal income tax rules in more than 30 years. You'll need to...
Federal Reserve Chair Jerome Powell has repeatedly called out the ballooning U.S. national debt. He did so again while testifying to Congress on Tuesday. "The U.S. federal government is on an unsustainable fiscal path,” Powell told the Senate Banking Committee,...
Treasuries signal weak economic outlook while equities advance Stock bulls lack ‘fundamental support’ from bonds: Ned Davis It’s the latest chapter of the ever-raging battle between stocks and bonds. Treasury yields signal a brewing economic slowdown while equity bulls are...
Tax refunds are still coming in smaller versus last year after the second full week of filing season, the Internal Revenue Service reported on Thursday. Tax pros say lower paycheck withholdings during the year is the likely reason. The average...
The national debt surpassed $22 trillion for the first time on Tuesday, a milestone that experts warned is further proof the country is on an unsustainable financial path that could jeopardize the economic security of every American. The Treasury Department...
A record 7 million Americans are 90 days or more behind on their auto loan payments, the Federal Reserve Bank of New York reported Tuesday, even more than during the wake of the financial crisis. Economists warn that this is...
M2 money supply increased 31% in the week through Jan. 25 ​Points to worsening inflation and an even weaker currency Venezuelan money supply rose 31 percent in the week through Jan. 25, according to central bank data. That’s the fastest...
The Internal Revenue Service is ready to accept your federal tax returns starting Monday, Jan. 28. You can file for free electronically through the IRS website or download paper forms. Tax preparation companies such as TurboTax and H&R Block are...
Treasury quarterly refunding sales to hit record $84 billion Agency reminds Congress of debt-limit deadline of March 1 The U.S. Treasury Department announced plans to issue another record-breaking amount of debt, giving President Donald Trump’s re-election opponents more ammunition as...
The best way to prepare to do your taxes – or even get your taxes done – is to take a deep breath, gather your thoughts and start scrambling for your paperwork. Your 2018 federal income tax return will be...
Federal Reserve Chairman Jerome Powell said Friday the central bank “will be patient” as it weighs future interest rate hikes in light of low inflation, adding that policymakers will also take into account recent stock market volatility. Powell seemed to...
Almost all of the Tax Cuts and Jobs Act (TCJA) changes that will affect individual taxpayers kick in starting with their 2018 Form 1040. Here are the 10 changes that are most likely to affect your return. Lower individual rates....
Market Recap The week before Christmas was the worst week in a decade with the S&P 500 dropping almost 9% in one week. In addition, the shortened trading day on December 24th was coined with the worst Christmas Eve trading...
Good financial advisors bring more to the table than investment ideas. They spot hidden risks, keep emotions in check and keep your goals in focus. Do you know who Ivan Ljubicic is? Unless you’re a devoted tennis fan, probably not....
After raising four kids and shelling out cash for clothes, child care, food and school tuition over nearly four decades, Jackie Toye says all her adult children are now out on their own. The empty nester’s new goal? Securing her...
