Smith said that the top federal tax rate will Increase to 43.4% for 26 million small businesses if Congress fails to act and allows the Section 199A Small Business Deduction to expire.
In September, rates plunged to a two-year low, falling as far as 5.89%. But over the following three-plus months, the average surged almost 1.25 percentage points—before recently easing lower.
Stock futures are mixed Thursday morning as investors react to a barrage of earnings reports from major companies and important economic indicators.
Another year of robust economic growth is in the books, underscoring how the Biden administration handed President Donald Trump what many consider a solid economy.
Photo: Alamy President Donald Trump released a fiery statement against the Federal Reserve and its leadership after the ...
The European Central Bank’s reduction, the fifth consecutive cut since last summer, came a day after the U.S. Federal Reserve held interest rates.
Some economists were saying Wednesday that the cutting cycle is over, while others think Chairman Jerome Powell’s Federal ...
Gross domestic product increased at a 2.3% annualized rate last quarter after accelerating at a 3.1% pace in the ...
Fed decided to keep its target rate in the 425-450 area. Read why Powell's last speech had the rhetoric to reinforce bullish ...
Interest rate cuts are always good for most businesses, but we may not be getting the dramatic cuts that we were hoping for.
The Federal Reserve's path forward on interest rates remains highly uncertain. Check out the three-fund portfolio that should ...
These are today's mortgage and refinance rates. Mortgage rates are likely to remain elevated until inflation comes down ...