Landing in a higher tax bracket can feel like a penalty for earning more, but it doesn’t have to be inevitable. With the right strategies,…
A new analysis found that payments made by U.S.-based midsize businesses to firms in China dropped significantly last year as tariffs on Chinese imports rose under the Trump administration. The JPMorgan Chase Institute released a report…
Co-signing a mortgage can affect your taxes in several ways, depending on the loan’s structure and the property’s use. In general, being a co-signer does not automatically give you the right to claim mortgage interest or property tax deductions. Those tax benefits typically belong to the person who actually pays…
We’ve all heard that money is a leading cause of friction in relationships, but it’s rarely just about the math. It’s about what that money represents: security, freedom, power, or even fear. How we manage money, create financial goals, and communicate about financial matters can significantly affect the health and…
Walmart posted solid fourth-quarter results Thursday as shoppers continued prioritizing value and convenience, helping push online sales to a record share of the retailer’s business. The company reported fiscal fourth-quarter revenue of $190.7 billion, up 5.6% from a year earlier. U.S. comparable sales rose 4.6%, driven by a 2.6% increase…
White House economic advisor Kevin Hassett on Wednesday called for the New York Federal Reserve to punish economists who published a research paper that found that the bulk of the burden of the Trump administration’s tariffs are falling on U.S. businesses and consumers. “The paper is an embarrassment. It’s, I think,…
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Americans are getting some relief from lower gasoline prices, which the latest inflation data from the Labor Department shows have declined substantially over the last year. The Bureau of Labor Statistics on Friday released the consumer price…
