For information on the third coronavirus relief package, please visit our “American Rescue Plan: What Does it Mean for You and a Third Stimulus Check” blog post. When looking for a professional to answer your tax questions, you want to search for certified public accountants (CPAs). These individuals specialize in accounting and have experience dealing… Continue reading 7 Most Common Tax Questions Answered by a CPA
Housing Market Takes Another Punch as Home Starts Fall
The housing market continues to suffer as soaring home prices and mortgage rates, combined with low supply, have put the kibosh on potential buyers’ hopes. U.S. housing starts fell 2% in June from May to a seasonally adjusted annual rate of 1.56 million, according to the Census Bureau. That’s the lowest reading since September and… Continue reading Housing Market Takes Another Punch as Home Starts Fall
Inflation Isn’t Deterring Parents From Strong Back-to-School Shopping
Kudos to the Great American Consumer as the nation’s kids gear up for the first day of school. It’s one thing to curtail spending on family vacations, new cars, or even for steaks to throw on the grill. But Americans just aren’t having it when it comes to back-to-school shopping. With school bells ready to… Continue reading Inflation Isn’t Deterring Parents From Strong Back-to-School Shopping
Half a trillion dollars wiped from once high-flying fintechs
Digital companies that boomed during lockdowns hit by fears they cannot withstand a recession Author of the article: Financial Times Nicholas Megaw and Imani Moise in New York A pedestrian walks past the PayPal logo at an office building in Berlin, Germany. Photo by REUTERS/Fabrizio Bensch/File Photo Almost half a trillion dollars has been wiped… Continue reading Half a trillion dollars wiped from once high-flying fintechs
Stock Market Today: Stocks Erase Early Lead to End Lower | Kiplinger
Stock Market Today A round of well-received bank earnings boosted the stock market to start Monday, but investors’ enthusiasm waned as the day wore on.The major indexes opened Monday solidly higher amid a round of well-received bank earnings, but chipped away at these gains to eventually end lower. Garnering the most attention from this morning’s… Continue reading Stock Market Today: Stocks Erase Early Lead to End Lower | Kiplinger
Twitter Earnings on Tap, But All Eyes on Musk Court Battle | Kiplinger
stocks Our preview of the upcoming week’s earnings reports includes Twitter (TWTR), Netflix (NFLX) and Johnson & Johnson (JNJ).The second-quarter earnings season got off to a rocky start last week following disappointing reports from several big banks. Wall Street will stay focused on how the financial sector fared over the three-month period, but notable names… Continue reading Twitter Earnings on Tap, But All Eyes on Musk Court Battle | Kiplinger
How to Get Ahead During a Market Downturn | Kiplinger
First, there was the supply chain slowdown, then the inflation ramp-up, followed by the gas price explosion, and now, we’re staring down the real risk of recession. It probably should come as no surprise that this barrage of economic body blows finally tamed America’s long-running bull market. If we are, indeed, nearing a recession, certainly… Continue reading How to Get Ahead During a Market Downturn | Kiplinger
US stocks turn lower as Apple reportedly plans to slow hiring and spending amid economic uncertainty
US stocks reversed lower Monday after Bloomberg reported Apple will slow hiring and spending. A housing market gauge showed builder confidence slowed to a pandemic-era low. Cryptocurrencies bounced back from recent turmoil to regain a $1 trillion market capitalization. Loading Something is loading. US stocks reversed sharply lower Monday after Bloomberg reported Apple plans to… Continue reading US stocks turn lower as Apple reportedly plans to slow hiring and spending amid economic uncertainty