Articles

U.S. stocks fell for the first time in four days Tuesday after comments from new Federal Reserve Chair Jerome Powell sent rates higher. The new chair signaled the central bank could hike rates more than three times this year in an effort to keep the economy from overheating, sparking anxiety among equity traders. Read More.

Sky-high demand and record-low supply continued to push home prices higher in December, far faster than income growth. U.S. home prices increased 6.3 percent compared with December 2016, according to the much-watched S&P CoreLogic Case-Shiller national home prices index. That is an increase from 6.1 percent annual growth in the previous month. Read More.

U.S. consumer confidence jumped to a 17-year high as optimism about employment prospects grew and Americans began seeing additional money in their paychecks from recently enacted tax cuts, data from the New York-based Conference Board showed Tuesday. Read More.

​President Trump on Wednesday said he in favor of a 25-cent gas tax hike to pay for his infrastructure plan. Read More.

President Donald Trump said Monday that he will propose a tax on imports this week, reviving an idea he floated earlier in his administration that risks raising tensions with key U.S. trade partners. Read More.

California’s plan to shield residents from a tax hike under President Trump’s tax plan is likely to fail, said seven former high-ranking Internal Revenue Service and Treasury Department officials. Read More.

California’s plan to shield residents from a tax hike under President Trump’s tax plan is likely to fail, said seven former high-ranking Internal Revenue Service and Treasury Department officials. Read More.

On Jan. 16, 2018, the U.S. Internal Revenue Service released Notice 2018-01 regarding the passport revocation process for U.S. citizens with seriously delinquent tax debts. Read More.

Some states are taking action against the new federal tax law to make sure as many Americans as possible receive benefits. With 30 percent of Americans itemizing their deductions, the new tax law puts a $10,000 cap on state and local tax deductions. Previously, there was no limit. Read More.

Stocks rose in choppy trade Wednesday as Wall Street tried to build on the strong gains set in the previous session. The Dow Jones industrial average climbed 300 points after opening 127 points lower. Boeing and Walmart were the best-performing stocks in the index, rising more than 3 percent. Read More.

While The Fed may be getting nervous, we suspect the Trump administration will be smirking quietly as Labor Department data showedtotal U.S. employee compensation rose in the fourth quarter to match the biggest 12-month gain since 2008, as private-sector pay picked up. Read More.

The new year got off to a strong start for job creation, with businesses adding 234,000 in January, according to a report Wednesday from ADP and Moody’s Analytics. Read More.

​The U.S. stock market failed to defend earlier gains and slid into negative territory on Wednesday after the Federal Reserve kept interest rates unchanged but hinted that it will likely raise rates in March as expected. Read More.

‘After year of stagnation the United States is once again experiencing strong economic growth’ Read More.

Confused about how the new tax law will affect you? You’re not alone. Read More.