Killing A Tax Shelter: Treasury Publishes Final Regulations For 831(b) Microcaptive Transactions
Discusses Treasury regulations for 831(b) microcaptive transactions issued 1/14/2025 re listed transactions and transactions ...
U.S. to Deploy ‘Extraordinary Measures’ to Avoid Default on Jan. 21
Janet L. Yellen, the outgoing Treasury secretary, urged lawmakers to raise the debt limit and protect the full faith and ...
Federal Reserve withdraws from global regulatory climate change group
The U.S. Federal Reserve announced on Friday it had withdrawn from a global body of central banks and regulators devoted to ...
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Strong US job growth in December
On a high note, the U.S. job market ended 2024, adding 256,000 jobs in December and pushing the unemployment rate down to 4.1 ...
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U.S. Retail Sales Rise, Reflecting Resilient Consumer Spending
Retail sales in the United States edged higher in December, signaling that consumers remain willing and able to spend despite ...
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Trump Cabinet Confirmation Hearings: Schedule & How to Watch
Will the Senate GOP confirm controversial picks like Pete Hegseth and RFK Jr.? Here’s this week’s full Senate confirmation ...
Comer reintroduces measure requiring return of federal workers to offices
Rep. James Comer (R-Ky.) on Thursday reintroduced his measure requiring federal workers to return to the office, ending ...
The latest inflation data puts the US economy back in the 'Goldilocks' zone
The latest inflation report slashed the risk that the Fed could go back to hiking interest rates this year, Wall Street ...
Why a Dovish Fed Official Could Be Patient on More Cuts
Chicago Fed President Austan Goolsbee says he is more comfortable that the labor market is stabilizing.
US central bank's reserves still abundant in early January, NY Fed says
The U.S. central bank faces no imminent pressure to stop the contraction of its holdings of Treasury bonds and ...
US Weekly Jobless Claims Increase; Labor Market Conditions Still Healthy
Initial claims for state unemployment benefits rose 14,000 to a seasonally adjusted 217,000 for the week ended Jan. 11, the ...
Signs of relief? Inflation is lower in Phoenix compared to national average
In Phoenix, food away from home saw one of the more significant jumps, increasing 3.4% in the past year compared to grocery prices, which rose 0.7%. Energy prices declined overall, driven by lower gas ...