TaxWatch: Will you have to report your inflation-relief payment to the IRS?
The IRS has offered guidance for residents of the 21 states that made direct payments to help people keep up with rising costs.
Economic Report: Existing home sales fell for the 12th straight month in January, lowest since 2010
The 12-month losing streak is the longest since NAR began tracking sales in 1999.
Market Extra: Stock market books worst day of 2023 as rising yields contribute to ‘perfect storm’
U.S. stocks book worst day of 2023 as rising yields finally take a toll.
Help My Career: These 61 companies moved to a 4-day workweek. Here’s what happened to revenue — and employees’ relationships to their jobs.
A large majority of participating businesses said they would continue with the four-day workweek, even though the trial run is now complete.
Economic Report: Bad news for home buyers: Mortgage rates inch towards 7%, highest level in 2023
The typical mortgage now costs a homebuyer $2,300 a month, based on a 20% downpayment for a $359,000 home.
The New York Post: Starbucks launching ‘luxurious’ olive-oil infused coffee drinks
As a way to introduce more “luxurious” brews, Starbucks will now be selling drinks that are infused with olive oil, the coffee titan announced Tuesday.
: U.S. oil futures finish lower, extending last week’s decline
Oil fell on Tuesday, extending its loss from last week with U.S. prices marking the expiration of the March futures contracts. The rise in both...
: S&P 500 cuts 2023 gain in half after falling more than 4.5% from peak
The S&P 500 SPX has cut its year-to-date gain in half on a percentage-point basis since peaking at 4,195.44 in intraday trading on Feb. 2,...
: Dow, S&P 500 book worst drop of 2023 as Fed ‘pivot’ trade fades
U.S. stocks booked their worst day in more than two months on Tuesday as investors emerged from the long holiday weekend in a gloomy mood....