The Inflation has pushed the tax brackets higher. Don’t forget to check out the changes in your local state as well Congressional action from the Reagan era is about to provide some relief to taxpayers, Axios’ Emily Peck and Herb Scribner report. Federal tax brackets will be about 7% higher… Read More »Tax Brackets
VR usage is down among kids. Which I think is good thing. Good for kids to be outside playing and not with their face in a box. Last week, Mark Zuckerberg announced an exciting new feature in his company’s metaverse platform — legs. (Cue the memes.) Days later, The Information reported that Apple’s upcoming… Read More »VR Usage Is Down
VC deals are set to be an all time low this year. The data is in, and it has confirmed what everyone’s suspected: Venture-backed exits this year are on track to hit a five-year low, per Pitchbook. Why it matters: Fewer distributions back to VCs’ own investors are adding to… Read More »VC exit deals values
In the M&A scene Kroger is planning to buy Albertsons, they are claiming food costs will go down with this merger. We’ll just have to wait and see. With inflation raging, Kroger on Friday pledged to use its proposed acquisition of rival Albertsons to reduce prices, Nathan writes. That promise… Read More »Kroger To Buy Albertsons
The demand for apartments has dried up, all pointing toward economic issues in the future. Negative demand is an indication more people are moving out than are moving in. Why it matters: Soaring rent prices have been a major driver of inflation. This could be a sign that those price… Read More »Apartment Demand Q3 2022
The housing market is shifting and prices are beginning to drop. Vacancy rates varied by state, but lower homeowner vacancy rates tended to correlate with lower rental vacancy rates. Idaho had the lowest homeowner vacancy rate in 2021 at 0.3%; Washington, DC and North Carolina had the highest at 1.9%… Read More »Housing Through The US
As we have other issues in business and the economy, it looks like Supply chain is loosening up. So that should be one bright spot. Economic data points keep telling us that supply chains are loosening up — take the latest edition of a New York Fed index that came… Read More »Supply Chain Issues
To say it has been a bad year for the market is an understatement and the markets have reason be cautious. Coming off the worst month since March 2020 and the third consecutive quarterly decline, the U.S. stock market started October on a high note. The S&P 500 rallied 2.6 percent on… Read More »Bad Year For The S&P
The trade deficit is still way above 2019 and 2020 levels. Why it matters: During Q1, booming imports helped drag GDP into its first contraction of the year, which lit the fuse on recession fears. August’s encouraging data means the economy has a tailwind, albeit a modest one, at a… Read More »US Trade Deficit
It looks like Job Opening have taken a tumble in August and with stocks being rocky in September there may be more to come. Now, the bad: The number of job openings as measured by the Labor Department (JOLTS) plunged in August by over 1 million — well more than… Read More »August Job Openings