by Mark Chandik | Jul 29, 2025
Signed into law on July 4, the One Big Beautiful Bill (OBBB) Act introduces sweeping changes into the tax code that could influence how you plan for and pay your taxes. Given the depth and complexity of the new law, our review is not all-encompassing. But we’ll touch...
by Mark Chandik | Jul 21, 2025
At first glance, June’s Consumer Price Index (CPI) was reassuring. The US Bureau of Labor Statistics reported that the CPI rose 0.3% in June as expected, while the core CPI, which excludes food and energy, rose a smaller-than-forecast 0.2%, per the Wall Street...
by Mark Chandik | Jul 14, 2025
Home sales have fallen sharply over the last three years, with sales near the levels we last saw in 2008, according to the National Association of Realtors. Yet, unlike in 2008, housing prices haven’t collapsed this time around. Over the past 15 years, lending...
by Mark Chandik | Jun 23, 2025
It came as no surprise that the Federal Reserve maintained its benchmark rate—the fed funds rate—at 4.25% to 4.50% during last Wednesday’s meeting. Despite the moderation in the rate of inflation, central bankers didn’t hint at any near-term cut in interest rates. The...
by Mark Chandik | Jun 16, 2025
Inflation remained mild in May, showing little upward pressure. According to last week’s report from the US Bureau of Labor Statistics, the Consumer Price Index (CPI) rose just 0.1% for the month, while the annual rate settled at 2.4%. The core CPI, which excludes...
by Mark Chandik | Jun 9, 2025
The US Bureau of Economic Analysis (BEA) reported that the US trade deficit fell a whopping 55% in April to $61.6 billion. In March, the grade gap stood at a record $138.3 billion. April exports rose $8.3 billion to a record $289.4 billion. April imports fell $68.4...
