The Federal Reserve has paused its rate-cutting cycle and markets are unsure when the central bank will bring interest rates lower again. Meanwhile, treasury yields and consumer borrowing costs ...

Copyright 2025 The Associated Press. All Rights Reserved. In this July 31, 2019, file photo, Federal Reserve Chairman Jerome Powell speaks during a news conference ...

This is the final tax year for a cap on the federal government's State and Local Tax (SALT) deduction, which reduces your IRS income tax bill based on taxes you've already paid to state and local ...

Here is a look at comments from Fed policymakers since the last rate-setting decision, sorting them under the labels "dove" and "hawk" as a rough shorthand for their monetary policy leanings ...

Inflation rose 2.9% on an annual basis in December, with the latest Consumer Price Index illustrating the Federal Reserve's challenge in battling stickier-than-expected price increases.

Under current law, companies can deduct an unlimited amount of state and local taxes from their federal taxes. Just ending their ability to deduct their state corporate income taxes would raise $ ...

Due to elevated year-on-year consumer inflation rates and strong recent jobs data, financial markets reflect expectations that the Fed will not change interest rates on January 29. A change in Fed ...

Jan 15 (Reuters) - Federal Reserve policymakers may be able to reduce interest rates a couple of times this year, traders bet on Wednesday, after a government report helped allay fears that ...

President-elect Trump’s selection to lead the White House’s budget told lawmakers on Wednesday he may consider withholding funds ... approach with the federal civil service, suggested again ...

Unlike remote employees, self-employed workers—whose primary place of business is at home—can claim tax deductions for home office expenses. Self-employed individuals can deduct individual ...

It's getting increasingly difficult to find returns in the market as stock and bond prices fall simultaneously. The tandem sell-off is a relatively new dynamic. Until the past few weeks, stocks ...

As a result of last week’s solid growth data, the latest Atlanta Fed GDPNow shows Q4 2024 GDP likely to be 2.7%, based on data available through Jan. 9, 2025. Beyond positive growth data ...