The Federal Reserve on Wednesday raised short-term interest rates by0.50%, as part of an effort to tamp down the inflationary pressuresweighing on Americans. The central bank suggested that it will further raise borrowing coststhroughout this year as it attempts to undo its pandemic-era, easymoney policies.… Read More »Fed raises interest rates by 0.50%, the largest move since 2000
Among numerous other changes, the Tax Cuts and Jobs Act (TCJA) chippedaway at several tax breaks for individuals, including the deductionfor mortgage interest. But the fall-out isn’t as bad as it firstseems. Most taxpayers can continue to deduct … Among numerous other changes, the Tax… Read More »Key Tax Rules for Deducting Mortgage Interest
It was the worst first four months of the year for the stock marketsince the 1970s! No, the 1930s! Can’t we just say it was a really badstart to the year? “Bad” might not do it justice. After dropping 3.3% this past week, theS&P 500… Read More »The Stock Market Isn’t Falling Like It Did In the 1970s—It’s Even Worse
The pandemic-era trend known as the “Great Resignation” is stillred-hot, as workers enjoy the perks of record-high demand for theirlabor. However, economic headwinds mean those benefits may not last muchlonger, according to economists. A record 4.5 million workers quit their jobs in March, edging justabove… Read More »The Great Resignation is still red hot — but may not last
Jerome Powell doesn’t like to bless banks and financial markets, buthe could shift the needle this week on how high investors expect theFederal Reserve to raise interest rates to cool overheated prices. The Fed chair and his colleagues want to lift rates expeditiously to aneutral… Read More »Powell’s Fed Set to Go Big and Keep Going Until Inflation Tamed
Many of the concerns small business owners have now are about how theycan stay afloat after the COVID-19 pandemic. Here, Bryce Sandersexplains how changes to the market might affect these clients and whatyou can do to help them navigate the recovery afterward. “This time it’s… Read More »How Running a Small Business Might Change in 2022
Now that this year’s tax filing season is over, it’s time to startthinking about next year’s return. After all, the more tax planningyou do, the more money you may be able to save. But proper taxplanning requires an awareness of what’s new and changed from… Read More »Tax Changes and Key Amounts for the 2022 Tax Year
In mid-April, months into an increasingly frustrating house hunt,Harsh Grewal and his wife settled on a place in a San Francisco suburband were prepping a bid, above the listed price so they’d have achance of besting other offers in one of the nation’s hottest housingmarkets.… Read More »The Fed wants to cool the U.S. housing market. Here’s what that feels like
People are worn out. They are trying to make it through the stress ofthe pandemic, a continually volatile market, and record inflation.And, for many who are years from retirement, they have decades of workahead of them. These younger Americans are in the middle of their… Read More »How People with Pandemic-Induced Financial Fatigue Can Get Back on Track
Cryptocurrency is prevalent topic news these days, falling in and outof favor depending on whom you ask. Institutions are decrying it inone instance and then taking large amounts of it onto their books inanother. Goldman Sachs, Morgan Stanly, JP Morgan, and bank of America-to name… Read More »Crypto Cares: The Rise of Virtual Currencies and You