• Jan 10, 2025

Inflation report could rattle markets after bond yields climb

NEW YORK (Reuters) -U.S. inflation data in the coming week could test the nerves of stock investors and further inflame worries about rising Treasury yields and uncertainty over Donald Trump's policy plans. After back-to-back standout years, the stock market has wobbled out of the gate in 2025, with the benchmark S&P 500 down about 1% so far this year. A revival of inflation is seen as one of the key risks facing equities, with the Federal Reserve already pulling back on its projected interest rate cuts because it expects inflation to rise at a faster pace than it had previously anticipated.

  • Jan 10, 2025

IRS hands crypto holders some 2025 relief

Despite the reprieve, taxpayers should still keep good records and continue using a consistent system such as LIFO for identifying digital assets sold can be easier, TaxBit’s Miles Fuller says.

  • Jan 10, 2025

US Consumer Inflation Expectations Jump to Highest Since 2008

(Bloomberg) -- US consumers’ long-term inflation expectations jumped to the highest since 2008 on concerns about potential tariffs from the incoming Trump administration.Most Read from BloombergWhat Robotaxis Brought San FranciscoA Blueprint for Better Bike LanesNYC Condo Owners May Bear Costs of Landmark Green Building LawAmbitious High-Speed Rail Plans Advance in the Baltic RegionNYC’s Subway Violence Deters Drive to Bring Workers Back to OfficeAmericans expect prices will climb at an annual r