Inflation Takes Biggest Bite From Middle-Income Households
Listen to article (2 minutes) Inflation is often called a tax on the poor, but this time it’s hit middle-income households the hardest. Many low-income...
Wall Street and Fed Flopped in Trying to Predict 2022: WSJ
Persistent inflation and the market selloff are humbling investors as they look to the new year. Funding shortages and big cuts to government services in...
Biden Administration Delays Tax Rules for Crypto Brokers
Markets Currencies Cryptocurrency Cryptocurrency brokers don’t have to start reporting customers’ gains to IRS until the administration finishes writing the rules [ad_2] Source link...
Time Might Run Out on Japan’s Low-Rate Policy: WSJ
Weak currency pressures central bank to raise rates, but that would raise interest costs on massive debt… [ad_2] Source link...
Treasury Rally to Be Tested by Fed’s Next Move: WSJ
Bond yields have fallen after a sharp run-up earlier in 2022, but some investors are skeptical that the good news will last. [ad_2] Source link...
For Landlords, Rising Housing Costs Make It Harder to Earn Passive Income
Listen to article (1 minute) Many Americans dream the path to building wealth is like a trip around the Monopoly board, buying up properties that...
The Coming Tax Revenue Reckoning: WSJ
Politicians aren’t ready as signs point to budget trouble ahead. [ad_2] Source link...
Americans Expect Worsening U.S. Economy in 2023, WSJ Poll Finds
WSJ News Exclusive Economy Over a third of voters say inflation is causing them major financial strain [ad_2] Source link...
‘The Fed Is Going to Overdo It’: Financial Markets Finally React to U.S. Central Bank: MW
Financial markets absorb the Federal Reserve’s stridently hawkish interest-rate outlook for 2023, plus fresh signs of a weakening U.S. economy [ad_2] Source link...
PRECIOUS-Gold hits one-week low as dollar strengthens on hawkish Fed
* ECB raises rates by 50 bps, signals more hikes * Bank of England raises rates to 3.5% * Silver down more than 3% (Adds...