TaxWatch: As gas prices hit $5 per gallon, IRS makes mileage deduction for fuel costs more generous in rare midyear move
The optional standard mileage rate for business-related driving is increasing to 62.5 cents per mile, starting in July.
Key Words: Prepare yourself: ‘The U.S. housing market is at the beginning stages of the most significant contraction in activity since 2006’
The housing sector is in the midst of the biggest slowdown in over a decade, one economist says. But don't expect prices to fall yet...
: National averages on gas have reached $5 gallon, AAA and GasBuddy say — and get ready for the number to keep climbing
There are almost 20 states where gas costs at least $5/gallon, according to AAA.
: ‘All of this points to a broader weakness in the housing market’: Buyers are officially spooked by rising interest rates — just don’t expect a housing crash
Studies suggest the market is finally cooling, with some buyers saying they are pushing off plans to purchase a home by as much as 6...
Crypto: Crypto crash gathers steam in the weekend as inflation marks fastest pace of rise since 1981
Bitcoin was trading just over $27,000 on Sunday as cryptocurrency investors continued to sell across the space following worse-than-expected inflation numbers.
: Inflation wallops retirees on fixed incomes — how to cope
'While investors are in the thick of market downturns, it may be difficult to stay the course and believe things will turn around.'
The Number One: The best bar in North America is this Lower East Side speakeasy known for custom cocktails
The inaugural North America’s 50 Best Bars awards toasted several NYC and Mexico City drinking spots. Here’s the full list.
The New York Post: U.S. companies sweat out labor talks at ports ahead of another possible supply-chain crisis
US companies fear a repeat of last summer’s supply-chain chaos – that left store shelves empty and fueled higher prices – as contract negotiations between longshoreman and...
Economic Report: Inflated grocery prices and shrinking package sizes. The cost of food is rising at fastest pace since 1979
Americans are suffering sticker shock every time they go to the grocery store: They're coping with the biggest increase in food prices since 1979 —...