Tag: tips

Treasury yields rise and stocks fluctuate as the Fed reiterates its cautious approach to rate cuts. Investors await key inflation data and corporate earnings updates.

Published on: February 11, 2025, 08:04 PM UTC

Powell Says Fed In No Rush To Cut Rates, Economy 'Strong Overall'

Published on: February 11, 2025, 06:04 PM UTC

Rollins (ROL) to Announce Earnings: Revenue Growth Forecast at 8.7%, Earnings Expected at $0.23/Share

Published on: February 11, 2025, 02:07 PM UTC

Elon Musk is helping dismantle the agency that would oversee his plans to transform X into a digital payments platform. The Consumer Financial Protection Bureau (CFPB) ensures that companies like large banks, mortgage lenders, student loan servicers, and online payment apps don't bilk their customers. Critics say that if the CFPB is mothballed, Musk may stand to personally benefit.

Published on: February 11, 2025, 02:01 AM UTC

OpenAI CEO rejects $97.4 billion bid from investors led by Elon Musk; OpenAI plans to transition from nonprofit to for-profit company following significant investments from Microsoft and others.

Published on: February 10, 2025, 10:00 PM UTC

Despite looming tariffs, the stock market continues to trade near record highs. This is because earnings, the most significant driver of stock prices, continue to perform well. However, new tariffs could impact earnings, leading to market volatility. Investors should monitor the situation closely and consider the potential consequences before making investment decisions.

Published on: February 10, 2025, 05:03 PM UTC

The US labor market remains resilient, with unemployment at a eight-month low, wages growing, and job gains revised higher. This suggests the Federal Reserve is unlikely to cut interest rates in the near term.

Published on: February 07, 2025, 09:01 PM UTC

Filing taxes in the US is more complex than in many other developed countries, with Americans spending an average of 13 hours and $270 to file a basic federal tax form. The complexity arises from the 4 million-word tax code, various credits and deductions, and a reliance on third-party preparers for self-employed individuals. Recent efforts to simplify the process include doubling the standard deduction and expanding the IRS's Direct File program, but the US still lags behind countries like Sweden that provide pre-populated tax returns.

Published on: February 06, 2025, 11:02 AM UTC

Google parent, Alphabet, disappoints in latest earnings as cloud services underperform; analysts weigh in on the concerns and lowered estimates after the stock tanks in pre-market trading.

Published on: February 05, 2025, 11:01 AM UTC

A 10% tariff on imports will cost American consumers $45 billion, adding to inflation fatigue and making them more likely to forego purchases. Trump's tariff policies are fueling concerns about reflation and raising costs for families by up to $2,600 per year.

Published on: February 05, 2025, 06:02 AM UTC