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...
Dovish bets in March 2019 eurodollar options exited en masse Rate-hike wagers creep back into OIS curve for coming year Bets that the Federal Reserve will raise rates again in March, which virtually disappeared from U.S. interest-rate options markets last...
Gap between 3-month and 10-year Treasury yields has plunged Fed chief Powell’s job has become ‘that much harder’: BMO Traders return to their desks in the new year with a familiar warning signal flashing even more strongly than before —...
You took out student loans to go to college, and then you started a career in public service, as a police officer, a teacher, a nurse, a social worker. Good news: The government wants to reward you for your service....
