The IRS is considering whether or not to tax NFTs the same way it taxes other tangible collectibles such as artwork and gems. Here’s what to know.
Despite speculation that the Fed would pause interest rate hikes, the central bank has announced a rate hike of 0.25 percentage point.
When the Federal Reserve changes its benchmark rate, everything from credit cards to savings accounts can be affected.
Chairman Jerome Powell and his fellow central bankers will want to signal that it’s important to continue the fight to bring down inflation.
The Fed in some ways is both closer and further away from its goals when it first started raising rates.
Markets still expect the Fed to keep up its inflation-fighting efforts, despite high-profile bank failures that have rattled the financial system.
While Gundlach sees more tightening ahead, he doesn’t think that’s the appropriate response right now as regulators’ rescue programs are inflationary in nature.
Hyperinflation has fueled the creation of multiple exchange rates in Argentina, where cash is king. There’s a legal way for tourists to get a preferential rate.
Uncertainty over how rate hikes will affect bonds is leading investors to trade short-term Treasurys, according to former J.P. Morgan ETF head Joanna Gallegos.
One bank implosion and a cooperative jobs report later, and the market has changed its mind.
Cox Automotive reports wholesale used vehicle prices increased 4.3% in February from January — marking the largest increase between the two months since 2009.