The U.S. economy's GDP grew at a 3.8% rate in the second quarter following the latest revision after the economy recorded a 0.5% contraction in the first quarter. Read More.
PEW SURVEY CONFIRMS THAT IRS IS LEAST LIKED FEDERAL AGENCY
A recent Pew Research poll confirmed what almost everyone in America knows—the IRS is the least popular of the federal agencies.
Read More.
THE COSTS OF THE FEDERAL INCOME TAX SYSTEM TO THE ECONOMY
The Trump administration continues to examine government agencies seeking ways to improve their efficiency and ensuring that they are doing their stated duties.
Read More.
Fed's first rate cut of the year could save credit card users $1.92 billion in interest annually while possibly reducing returns on savings accounts and certificates of deposit. Read More.
The average rate on the 30-year fixed mortgage fell this week to 6.26%, according to the latest Freddie Mac data released on Thursday. That is down from last week's reading of 6.35%. Read More.
THE WORLDWIDE MINIMUM CORPORATE TAX COMES UNRAVELED
Recently, German Chancellor Friedrich Merz urged suspending the minimum corporate tax for large companies, which 140 countries had earlier agreed to. Read More.
Federal Reserve policymakers projected inflation will rise to 3% in 2025 while unemployment will reach 4.5% as the central bank begins cutting rates after holding them steady all year. Read More.
MEET RANDY HAUCK
Editor’s note: Randy Hauck reached out to us from Burke, Virginia, located in Fairfax County and Virginia’s 11th Congressional District. Read More.
The average rate on the 30-year fixed mortgage fell this week to 6.35%, according to the latest Freddie Mac data released on Thursday. That is down from last week's reading of 6.5%. Read More.
The Bureau of Labor Statistics released the August consumer price index (CPI), which showed that inflation remained above the Fed's target ahead of the central bank's rate decision. Read More.