Did you receive an ‘inflation check’ last year? IRS is now deciding if your state’s one-time payment is taxable.
The direct payments that a number of states authorized for residents last year, while inflation raged, are presenting new questions ...
Tag: Business/Consumer Services
McCarthy pushes Biden on debt limit: ‘Mr. President, it’s time to get to work’
House Speaker Kevin McCarthy on Monday reiterated his call for President Joe Biden to negotiate with Republican lawmakers over potential ...
41% of Americans say they’re worse off financially under Biden, highest percentage for any president in 37 years
The Big Number: Forty-one percent of Americans say they’ve become worse off financially since President Joe Biden took office a little ...
These crypto-related stocks rallied up to 200% this year. Here’s why
Welcome back to Distributed Ledger. This is Frances Yue, crypto reporter at MarketWatch. Crypto miners have had a remarkable start ...
Jobs report ‘ends U.S. recession fears’: Economists react to huge gain in employment
The January jobs report on Friday showed the U.S. economy gained 517,000 jobs last month, with the unemployment rate falling ...
They’re baaaaack. Retail participation in the stock market just surpassed the GameStop days.
It’s getting out of control. Even before Jerome Powell incorrectly told a MarketWatch colleague that financial conditions hadn’t changed very ...
Asian markets mixed ahead of key U.S. jobs report
TOKYO — Asian shares were trading mixed Friday ahead of a closely watched U.S. jobs report that may affect global ...
Opinion: Cities are questioning the point of parking garages
For the past century, the public and private sector appear to have agreed on one thing: the more parking, the ...
Tech stock ‘meltup’ puts Nasdaq-100 on verge of exiting bear market
A technology stock “meltup” put the Nasdaq-100 index on the verge of exiting bear-market territory Thursday.The index NDX, +3.00%, heavily ...
State of the Union: 5 key challenges for Biden as he delivers his speech
President Joe Biden will face no small task on Tuesday night, when he delivers his State of the Union speech ...
Pence house in Indiana to be searched by FBI for additional classified material
WASHINGTON — The FBI is expected to search former Vice President Mike Pence’s Indiana home for classified material in the coming ...
Gold taps fresh 9-month high, then retreats after latest Fed rate hike
Gold prices on Thursday tapped the highest level for a most-active contract in more than nine months as investors bet ...
U.S. stock futures point to further gains as Meta results, Powell press conference provide cheer
U.S. stock futures were pointing to a stronger start Thursday, buoyed by upbeat results from Facebook parent Meta Platforms as ...
Bonds retain gains as analysts view Powell comments as dovish
Bonds held onto their gains on Thursday, a day after a press conference held by Federal Reserve Chair Jerome Powell ...
Consumer confidence slips at start of 2023 as U.S. recession worries grow
The numbers: A survey of consumer confidence slipped in January to 107.1, reflecting growing worries about a potential recession as ...
Nasdaq falls 1.2% to lead stock market lower as Fed decision, tech earnings await
U.S. stocks were lower Monday at midday to kick off a big week that features a Federal Reserve interest-rate decision, ...
Opinion: Leverage ozone, acid rain wins to tackle microplastics and fresh-water pollution now
As an advocate for the health of fresh water, I always have mixed feelings entering a new year. Hope for the ...
Asian shares mostly rise, but Hang Seng drops over 2% as Alibaba tumbles on reports of headquarter shift
BANGKOK (AP) — Shares were trading mixed in Asia on Monday after Wall Street benchmarks closed higher on Friday, capping ...
‘Timing couldn’t be worse’: Inflation might be slowing, but people say it’s getting harder to cover unexpected costs — and the next Fed meeting won’t help
A record number of people say they would need to pay for an unplanned $1,000 expense by using their credit ...
Consumers spending falls at the end of 2022 and that’s not good news for the U.S. economy
The numbers: Consumer spending fell 0.2% at the end of 2022, indicating the U.S. economy entered the new year with ...
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U.S. egg shortage breeds chicken-feed conspiracies
Social media users claim to have found a new culprit for sky-high egg prices: chicken feed. The theory gained steam...
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