Inflation is slowing down, but prices are still high — and likely to stay that way. That’s generally considered good news. The economy is expanding amid a lower rate of price growth and a strong job market. However, even a broad pullback in price increases underscores another bitter reality: We’re still paying more for many goods and
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2024 Sales Tax Rates by State (July) | State & Local Sales Taxes Skip to content Table of Contents Key Findings Forty-five states and the District of Columbia collect statewide sales taxes. Local sales taxes are collected in 38 states. In some cases, they can rival or even exceed state rates. The five states with
This photograph shows the takeoff of the European Space Agency satellite launcher Ariane 6 rocket from its launch pad, at the Guiana Space Centre in Kourou, French Guiana, on July 9, 2024. Jody Amiet | AFP | Getty Images The powerful European-built Ariane 6 rocket made its long-awaited liftoff on Tuesday, as the region returned
Svetikd | E+ | Getty Images Roth individual retirement account conversions are a popular way to reduce future levies on pretax 401(k) or IRA withdrawals — and you can smooth out the upfront tax hit with a “Roth conversion ladder,” experts say. Roth conversions transfer pretax or nondeductible IRA money to a Roth IRA, which offers future tax-free
Anyone out shopping for a home today knows there is still precious little for sale. The housing market is just beginning to come out of its leanest few years in history. Inventory of both new and existing homes is finally rising, but there is something suddenly strange in the numbers: The supply of newly built
Company founder Bill Shufelt (left) and head brewer John Walker pause at the Athletic Brewing’s nonalcoholic brewery and production plant on March 20, 2019 in Stratford, Connecticut. Spencer Platt | Getty Images Leading nonalcoholic brewer Athletic Brewing Company announced Tuesday it’s raised an additional $50 million in equity financing in a round led by General
[The stream is slated to start at 10 a.m. ET. Please refresh the page if you do not see a player above at that time.] Federal Reserve Chair Jerome Powell speaks Tuesday to the Senate Banking Committee as part of his semiannual address to Congress on monetary policy. With the Fed still on hold regarding
Westend61 | Westend61 | Getty Images I was packing up to head home from work last week when I noticed something that made my stomach sick. The space in my backpack normally occupied by my wallet was empty. I searched every nook and cranny of my bag and even crawled under my desk to search
Retail Delivery Fees Are Not the Panacea for States’ Transport Budget Woes Skip to content Home • Blog • Retail Delivery Fees Are Not the Panacea for States’ Transport Budget Woes Attracted by the proliferation of last-mile local delivery services such as Amazon Delivery, Uber Eats, and DoorDash, legislators in certain states have looked to
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In this article BA Follow your favorite stocksCREATE FREE ACCOUNT Rescuers work at the scene of an Ethiopian Airlines flight crash near Bishoftu, or Debre Zeit, south of Addis Ababa, Ethiopia, Monday, March 11, 2019. Mulugeta Ayene | Reuters Boeing has agreed to plead guilty to criminal fraud tied to the fatal 737 Max crashes,
BP in 2020 set out its ambition to become a net zero company “by 2050 or sooner.” Matt Cardy | Getty Images News | Getty Images BP shares dropped on Tuesday after the firm flagged it expects to post an impairment of up to $2 billion in the second quarter and warned of lower refining
There’s a 40% chance President Joe Biden will not seek re-election, according to Stifel. Brian Gardner, the firm’s chief Washington policy strategist, is out with a research note that calls it a “make or break week” for the president’s campaign as Congress returns from its Fourth of July recess. “There’s a 60% chance, more likely
In this article CVX Follow your favorite stocksCREATE FREE ACCOUNT Students study in the Perry-Castaneda Library at the University of Texas at Austin on February 22, 2024 in Austin, Texas. Brandon Bell | Getty Images A number of recent developments could spell trouble for student loan borrowers, experts say. The Republican-led legal challenges to the
In this article PARA Follow your favorite stocksCREATE FREE ACCOUNT The Paramount Studios in Los Angeles, California, US on Monday, April 29, 2024. Eric Thayer | Bloomberg | Getty Images Paramount Global has agreed to merge with Skydance, capping off a monthslong negotiation that included various twists and turns, which means the Redstone family will
Tanaonte | Istock | Getty Images The future of a Federal Trade Commission ban on noncompete agreements, scheduled to take effect this fall, is unclear after a preliminary ruling from a federal court last week. Nearly 1 in 5 Americans, an estimated 30 million people, are subject to a noncompete agreement, according to the FTC.
Grace Cary | Moment | Getty Images Whether you’re mid-career or nearing retirement, it’s important to know where you’re investing — and how those accounts could impact future taxes, experts say. Many workers are heavily concentrated in tax-deferred savings via a pretax 401(k) plan or traditional individual retirement accounts, which incur regular income taxes on
Pedestrians near Salesforce Tower in San Francisco, California, on Wednesday, Jan. 25, 2023. Marlena Sloss | Bloomberg | Getty Images Artificial intelligence has been a big boon for San Francisco real estate. But not enough of one to make up for the broader struggle across the market. The vacancy rate for San Francisco office space
Courtesy: Walmart When Walmart announced earlier this summer that it would add digital shelf labels to more of its stores, the discounter said the move would cut another tedious task from store workers’ to-do lists. Customers didn’t necessarily see it that way. On TikTok, some criticized the higher-tech price tags as the first step toward
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