Congressional Leaders Strike Deal to Fund Government Into Early March

[ad_1] WASHINGTON—Congressional leaders have reached an agreement on a new stopgap spending bill that would extend government funding into March, as House Speaker Mike Johnson (R., La.) sticks to his…

Congressional Leaders Reach Agreement on New Stopgap Spending Bill

[ad_1] WASHINGTON—Congressional leaders have reached an agreement on a new stopgap spending bill that would extend government funding into March, according to a person familiar with the matter, as House…

Fed Posts Largest-Ever Annual Operating Loss

[ad_1] The Federal Reserve ran an operating loss of $114.3 billion last year, its largest ever, a consequence of its campaign to aggressively support the economy in 2020 and 2021,…

What to Know About 2024 Tax Withholding and Estimated Taxes

[ad_1] Listen to article (1 minute) What do I need to know about withholding and estimated taxes? The U.S. income tax is a pay-as-you-go system. The law requires most employees…

Spending Bill Won’t Be Done in Time, Senate Republicans Warn

[ad_1] Updated Jan. 9, 2024 9:46 pm ET WASHINGTON—Congress may need to pass another short-term bill to avoid a partial government shutdown in less than two weeks, potentially forcing House…

Congress Explores Curbing Pandemic Tax Break in Bid for Last-Ditch Deal

[ad_1] WASHINGTON—U.S. lawmakers are considering curbing a troubled pandemic-era tax credit as they negotiate a bipartisan deal that could include about $100 billion in tax breaks for businesses and families. …

What the 2024 Capital-Gains Tax Brackets Mean for Your Investments

[ad_1] Listen to article (1 minute) Investment income is treated differently from wages by the tax code. There is a separate set of tax brackets and rates for long-term capital…

What the 2023-24 Tax Brackets and Income-Tax Rates Mean for Your Money

[ad_1] Updated Jan. 8, 2024 10:30 am ET Listen to article (1 minute) Your tax bill is largely determined by tax brackets. These are really just ranges of taxable income.…

Opinion | A Modified, Limited Good Jobs Report

[ad_1] Updated Jan. 5, 2024 7:03 pm ET It’s an election year, so every economic report is going to be filtered through the lens of political benefit. President Biden thus…

The Hidden Force Pushing Mortgage Rates Down

[ad_1] Updated Jan. 4, 2024 12:01 pm ET A key factor that pushed up mortgage rates over the past two years is now starting to pull them down. Average 30-year…