Goldman Sachs President John Waldron is “impressed” with the Fed’s swift interest rate hikes.Waldron previously said the Fed lost credibility when inflation was surging but it wasn’t raising rates.”I think it’s important to reset the price of money in the economy, which is something the Fed is very focused on,” Waldron said. Loading Something is… Continue reading Goldman Sachs president John Waldron says the Fed is making the right moves to tackle inflation – after saying the central bank had lost its credibility at the start of the year
The plan to cap the price of Russian crude oil is ‘ridiculous’ and would push prices up further, energy expert says
IAGS co-director Gal Luft said plan to put a price cap on Russian oil was “ridiculous”. Oil prices cannot be forced down artificially, Guft said, and the plan will not work. Luft thinks the cap will only cause Russia to retaliate, potentially raising prices to $140 a barrel. Loading Something is loading. Attempts by Western… Continue reading The plan to cap the price of Russian crude oil is ‘ridiculous’ and would push prices up further, energy expert says
Russia’s Nord Stream 1 pipeline will resume gas flows on time – but at reduced levels, report says
Russia will resume gas flows via the Nord Stream 1 pipeline on schedule, sources told Reuters. The pipeline went offline for 10 days on July 11 for annual maintenance and is due to restart on Thursday. The Nord Stream 1 carries more than one-third of Russia’s natural gas exports to Europe. Loading Something is loading.… Continue reading Russia’s Nord Stream 1 pipeline will resume gas flows on time – but at reduced levels, report says
What You Need to Know About Samsung’s Next Galaxy Unpacked: Deals and What’s Coming
The Arena Media Brands, LLC and respective content providers to this website may receive compensation for some links to products and services on this website. Samsung’s next Galaxy Unpacked event is officially set for 9 a.m. Eastern Aug. 10. So yes, early in the morning, but Samsung is clearly eager to unveil its next set… Continue reading What You Need to Know About Samsung’s Next Galaxy Unpacked: Deals and What’s Coming
What Is the Savers Credit?
Formerly called the Retirement Savings Contributions Credit, the Savers Credit gives a special tax break to low- and moderate-income taxpayers who are saving for retirement. This credit is in addition to the other tax benefits for saving in a retirement account. If you qualify, a Savers Credit can reduce or even eliminate your tax bill.… Continue reading What Is the Savers Credit?
7 Most Common Tax Questions Answered by a CPA
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
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