The cost to keep a roof over your family’s head has increased at the fastest pace in decades, putting serious pressure on Americans’ wallets. The shelter component of the Consumer Price Index increased 0.5% between February and March, in line …
This is not your father’s Cold War. In the Eisenhower-Khrushchev era, the West, Russia and China lived in separate economic spaces. Nuclear weapons posed limited danger, because neither the United States nor Russia could strike the other without risking annihilation. …
I am seeing opinion pieces on how heavy sanctions against Russia represent the first economic war in history. It isn’t. It may be another “world war” that is beginning with the imposition of economic sanctions. It is simply too soon …
Many technology stocks have gotten crushed in the high-inflation, rising-interest-rate environment of 2022. Some may have further to fall. Investors with shorter-term horizons may wish to steer clear of more volatile, innovative companies, despite outperformance during the pandemic. Those include …
On April 13, Tesla CEO Elon Musk offered to buy Twitter TWTR for $54.20 a share. Twitter’s stock closed at $45.08 (17% below Musk’s takeout offer price) on April 14, making it clear that many investors believe the deal won’t …
Today’s home buyers could be in for a shock when the tax man comes calling. In 2021, around $328 billion in property taxes were imposed on single-family homes across the country, according to a new report from real-estate analytics company …
The level of profit that large corporations experienced in 2021 was unparalleled in American history, as consumers faced the worst price inflation the U.S. has seen in decades Even as top executives warn about the effects of inflation on their …
Alert to sports bettors: Beware of the taxman. If you placed bets through betting operators like DraftKings DKNG, +2.07%, Penn National Gaming PENN, +2.74% and Caesars CZR, +4.46% in 2021, you may have to pay taxes. Here’s what you need …
High-quality bonds should hold up better than stocks, right? Particularly if defaults aren’t really the worry. But that hasn’t been the case lately for debt issued by many Fortune 500 companies, a sector hit notably hard since the Federal Reserve …
WELLINGTON, New Zealand — New Zealand’s central bank raised its benchmark interest rate by 50 basis points, accelerating the withdrawal of pandemic-era monetary stimulus after inflation surged to a multidecade high. It was the fourth consecutive rate increase from the …
U.S. stocks ended modestly lower Tuesday, erasing earlier gains, as investors questioned whether the sharpest rise in the consumer price index in more than 40 years marks peak inflation. What happened The Dow Jones Industrial Average DJIA fell 87.72 points, …
CHAPEL HILL, N.C. –Want to lock in a greater-than-8% return with U.S. Treasurys over the next 12 months? Of course you would, especially given the higher-than-expected inflation numbers reported this week, with the Consumer Price Index rising 8.5% over the …