Up to 2 million Americans could see their Social Security payments reduced by 50% in late July as the Social Security Administration (SSA) is cutting payments to recoup the billions of dollars it overpaid to some Americans in recent years. In April, the SSA announced that it would begin recovering about $72 billion in improper […]
Are seniors getting reduced Social Security or a tax break? Read More »
Today brought the hotly anticipated jobs report. This is the “official” job count and unemployment rate data for the U.S. and no other report has as much consistent power to cause volatility in the rate market. Today’s was particularly important because a perpetually decent labor market is the main justification for the Fed to wait
Mortgage Rates Rose Less Than Expected After Employment Data Read More »
Bloomberg News WASHINGTON — The House narrowly passed a massive tax and spending bill, capping months of deliberations and sending President Trump’s signature legislative priorities to his desk, where he is expected to swiftly sign it, symbolically, on July 4. The bill passed in a 218-214 vote, mostly along party lines. Reps. Thomas Massie of
GOP megabill cutting CFPB funding goes to Trump’s desk Read More »