US Producer Prices Rise, Risking Pressure in Fed’s Favored Gauge

Published on November 14, 2024

US producer prices picked up in October, fueled in part by gains in portfolio management costs and other categories that feed into the Federal Reserve’s preferred inflation gauge.

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Bitcoin Briefly Tops $93,000 on Trump Agenda, Fed Policy Outlook

November 14, 2024
Bitcoin spiked above $93,000 for a short period as expectations of further interest-rate reductions by the Federal Reserve added to the impetus from President-elect Donald Trump’s pro-crypto stance.

Trump Is Right: Expat Taxes Are Too Complicated

November 14, 2024
President-elect Donald Trump pledged last month to eliminate “the Double Taxation of overseas Americans.” Never mind the clumsy wording — taxes on US citizens working abroad aren’t excessive so much as excessively complicated — this is one campaign promise that may actually be fulfilled, given the Republican control of both houses of Congress. That would be a good thing not only for those American