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Trump accounts, deductions for tips: What's new for tax filing this year
The IRS said earlier this month that it expects more than 164 million individual tax returns to be filed by that deadline. Refunds are typically sent within 21 days, the agency says. For paper
Fed leaves rates unchanged, sees 'elevated' inflation and stabilizing job market
The U.S. Federal Reserve held interest rates steady on Wednesday, citing still-elevated inflation alongside solid economic growth, and giving little indication in its latest policy statement of when
The 2026 tax season is full of challenges for IRS, new report says
A combination of staffing reductions and big retroactive changes in tax law creates challenges for taxpayers and the IRS alike, according to report.
Layoffs are piling up, heightening worker anxiety. Here are some of the biggest job cuts recently
As layoffs pile up, workers are feeling increasingly anxious about the job market. In the U.S., economists have said that businesses are largely at a “no-hire, no fire” standstill, leading many to
Look beyond the S&P 500 at this group of stocks that is less pricey and less concentrated
One overlooked area to consider is midcap stocks — those of medium-size companies that can get overlooked as investors consider small-cap companies as a counterweight to familiar large caps. The S&P
Federal Reserve holds steady on interest rates after 3 straight cuts
The Federal Reserve voted against lowering the benchmark interest rate Wednesday, marking the first time it has chosen to hold steady since July.
The Fed just paused its rate cuts. Here’s the best way to make that work for your money
After weighing a slightly lower unemployment rate with small increases in inflation in December, the Federal Reserve on Wednesday decided to leave its key overnight lending rate untouched. That
These stocks will win the 2026 World Cup—if all goes to plan
Uber, Lyft, StubHub, Airbnb, Alphabet, and Meta should benefit from the World Cup, but the tournament faces growing political backlash.
Got $20K? 9 financial pros tell us how you should invest it now
A sound strategy is to allocate your $20,000 based on your current financial needs, your goals and your time horizon,” notes Alex Michalka, VP of investment research at Wealthfront. And Anthony
Investors are ready for the Supreme Court to strike down Trump’s tariffs. Now it’s up to the economy to pick up.
Investors appear increasingly confident around U.S. trade developments. The focus instead has turned to a steady economy.
Gold tops $5,300 amid weak dollar 'supercharging' rally
Gold (GC=F) futures jumped above $5,300 per ounce on Wednesday before easing as a weak dollar fueled the debasement trade, driving investors away from fiat currencies and government bonds. The US
The dollar seems doomed. Why some economists are pushing back.
The dollar is staring at its sharpest January slide in eight years, following a dismal 2025. While many investors take a negative view on the greenback, some are betting on a rebound sparked by
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