U.S. Debt Hits $40 Trillion. What It Means for Borrowing Costs
Treasury data for August 18 showed total public debt outstanding at approximately $40.047 trillion, including…
Author: Adarsha Dhakal
Fed Minutes Show More Officials Backed Rate Hikes Over Inflation
WASHINGTON – Federal Reserve officials moved noticeably closer to raising interest rates at their July…
Social Security Payments Go Out August 19 for These Beneficiaries
Social Security payments are scheduled to go out Wednesday, August 19, 2026, for beneficiaries in…
Treasury and IRS Propose New Rules for Refundable Tax Credits
The Treasury Department and IRS have moved forward with proposed regulations applying a 1996 federal-benefits…
Treasury Yields Are Moving Before the Fed Minutes. Here’s What Markets Are Watching
The 30-year Treasury yield retreated Wednesday after touching its highest level since 2007, but the…
FOMC Minutes August 19, 2026: What to Expect and Why It Matters
Updated: August 18, 2026 • 8:52 AM ET – The Federal Reserve is scheduled to…
Home Depot Earnings Could Show How Fed Rates Are Hitting Homeowners
Home Depot reports fiscal second-quarter results Tuesday morning as mortgage rates remain above 6.5%, the…
Social Security COLA 2027: Estimates Fall as Inflation Shows Signs of Cooling
Forecasts for the 2027 Social Security cost-of-living adjustment are settling around the mid-3% range as…
IRS Sets $4,427 EITC Maximum for Workers With One Child
The IRS has set the maximum Earned Income Tax Credit at $4,427 for tax year…
Federal Reserve Minutes Could Reveal What’s Next for Interest Rates and the Economy
The Fed will release minutes from its July 28–29 meeting on August 19. The record…