New Bill Allows U.S. Expats to Be Taxed as 'Non-Residents'

Published on December 19, 2024

Americans living abroad could elect to taxed only on U.S.-sourced income and gains.

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Unemployment Claims Down 22K, Better Than Expected

December 19, 2024
In the week ending December 14th, initial jobless claims were at a seasonally adjusted level of 220,000. This represents a decrease of 22,000 from the previous week's figure and is better than forecasts for 229,000.

Margin Debt Up 9.3% in November; Highest Level Since 2022

December 19, 2024
FINRA has released new data for margin debt, now available through November. The latest debt level is at $890.852 billion, the highest level since February 2022. Margin debt is up 9.3% month-over-month (MoM) and up 34.8% year-over-year (YoY). However, after adjusting for inflation, debt level is up 9.3% MoM and up 31.2% YoY.