Key takeaways Treasury yields are up again, hitting 3.589% compared to just 0.55% in 2020. This might seem like good news, but for existing bondholders it means a huge fall in the prices of their existing Treasuries. The inverse...
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Consumer Prices Rose Even Faster Last Month—Here’s What That Means For The Next Interest Rate Hikes
A key inflation reading on Friday showed the prices consumers are paying for goods and services rose more quickly in September than one month prior—effectively bolstering the Federal Reserve's case for another mega-sized interest rate...
Housing Market Trends: What’s Happening With Mortgage Rates And Housing Prices Right Now?
Key takeaways Home prices are most likely to hold over the next year according to Goldman Sachs, though they have inflated by 43% since before the pandemic. The Fed’s rate hikes have made borrowing money more expensive, and rates are only...
America gained 2.5 million new millionaires last year
The number of rich people in the world rose at a rapid pace last year, boosted by gains in the stock market and house prices. As many as 5.2 million people became millionaires last year, with nearly half in the United States alone,...
Mortgage rates drop below 5% for first time since April
Mortgage rates dropped for the second week in a row, falling below 5% for the first time since mid-April. The 30-year fixed-rate mortgage averaged 4.99%in the week ending August 4, down from 5.3% the week before, according to Freddie Mac....
Trump-Backed Lake Beats Pence-Endorsed Robson In Arizona GOP Governor Primary
Hard-right former television news anchor Kari Lake has defeated attorney Karrin Taylor Robson in the Arizona Republican gubernatorial primary, delivering former ...
Americans are piling up credit card debt as they struggle to keep up with the high cost of living
Americans are piling up credit card debt as they struggle to keep up with the high cost of living US household debt surpassed $16 trillion for the first time ever during the second quarter, the New York Federal Reserve said Tuesday. Even...
What is a financial advisor and who really needs one?
After having experienced the difficulty of acquiring a mortgage to buy a real estate and realizing through family, friends and acquaintances the great need for financial help, they tried to take matters into their own hands and form a...
Florida Taxes — A Quick Look
Florida Taxes — A Quick Look Major taxes collected in Florida include sales and use tax, intangible tax and corporate income taxes. Information regarding these and additional taxes can be located from the list below. There is no personal...
IRS extends penalty relief for pandemic payroll credits
IRS extends penalty relief for pandemic payroll credits Employers should approach relief for pandemic. To continue to allow employers to take immediate advantage of various credits enacted in response to the COVID-19 pandemic, the IRS is...