For many years, investors have looked to the Federal Reserve’s policies as a life preserver for the stock market, a phenomenon commonly referred to as the “Fed put.” The term encapsulates the notion that the central bank would intervene to support the market during downturns. However, with the expansion of fiscal policies under recent administrations,
As discussions around fiscal policy heat up within the Republican Party, the future of tax-exempt municipal bonds has emerged as a pivotal issue. These bonds serve as key financing tools for essential public projects, ranging from infrastructure upgrades to affordable housing initiatives. As the Trump administration pushes for substantial tax cuts, the question arises: where
As air travel evolves, so too do the expectations of passengers. Wi-Fi, once seen as a luxury, has become increasingly viewed as a necessity. American Airlines is stepping up to meet this demand by testing complimentary inflight Wi-Fi starting next week, a move that signals the airline’s awareness of the changing landscape in air travel.
The Consumer Financial Protection Bureau (CFPB) has long been a cornerstone in safeguarding the financial interests of American consumers, but recent developments signal a profound transition in the agency’s mission. With President Donald Trump’s nominee, Jonathan McKernan, facing rigorous interrogation from Democratic senators, the future of the CFPB hangs in a delicate balance. As the
In his proposed fiscal budget for 2026, Tennessee Governor Bill Lee is championing a bold financial strategy that includes the issuance of $930 million in general obligation bonds. This approach marks a significant shift in the state’s financing practices, especially in light of the fact that Tennessee has been conservative with its bonding, having issued
The cryptocurrency arena has become a diverse space where innovation, creativity, and risk intertwine in unprecedented ways. Among the many digital assets that have captured investors’ imaginations, meme coins have emerged as a fascinating yet controversial category. These fun, often whimsical digital currencies, like Dogecoin and Shiba Inu, have spilled beyond mere trading to influence
In the complex world of public finance, the looming threat to the tax-exempt status of municipal bonds has stirred a chorus of concern among industry lobbyists and stakeholders. The consensus echoes inside the chambers of Congress, where voices like Brian Egan, chief policy officer for the National Association of Bond Lawyers, emphasize that assurances of
As we entered the new year, January’s residential real estate market highlighted a concerning trend for potential homebuyers and sellers alike. The confluence of soaring mortgage rates and inflated home prices has significantly stifled home sales. For the first time since 2001, pending home sales—a critical barometer indicating the number of signed contracts for existing
In a bold move that has ignited fierce debate within journalistic circles, Jeff Bezos, the founder of Amazon and owner of the Washington Post, recently announced a significant change to the newspaper’s editorial policy. This shift, which centers on an unwavering commitment to “personal liberties and free markets,” has led to significant backlash from various
In a decisive move that could reshape the fiscal landscape of the United States, the House of Representatives passed a crucial budget resolution on Tuesday evening, laying the groundwork for a far-reaching tax reform initiative. This pivotal step, heralded by House Speaker Mike Johnson (R-La.) as a significant advancement of President Trump’s comprehensive “America First”