It may take people a little bit longer to adjust how much tax is to be withheld from their paycheck thanks to the newly released Internal Revenue Service W-4 Form. Working married couples may not have as many issues in filling out the paperwork. The new form eliminates allowances that could be made if you […]
If President Donald Trump signs the bill Congress recently sent to his desk, consumers could request a freeze on their credit report for free. Many consumers urged Congress to change the credit report freezing process after Equifax suffered a huge hacking breach that led to the exposure of hundreds of millions’ private information. The provision […]
Toys “R” Us may be filing for bankruptcy ahead of the holiday season, and it’s causing shares for two major U.S. toy companies to drop – Hasbro Inc. and Mattel Inc. Toys “R” Us is working on developing a loan that would allow it to continue working while the company went through the possible Chapter […]
July saw an additional 209,000 new jobs in the economy – the second straight month of strong gains that highlights the energy felt, as it goes into nine years of growth. The Labor Department said the unemployment rate dropped to 4.3% from 4.4%, equaling a 16-year-low first seen in May. However, Americans’ paychecks are still […]
As the presidential election outcome was being played out Tuesday evening into Wednesday morning, the financial market took a nose dive. On Monday, investors betted heavily that Democrat Hillary Clinton would be the next president of the U.S. However, Republican Donald Trump earned more votes than polls predicted he would and, because of that, the […]
U.S. consumers may experience low gas prices during the summer, so long as the refinery maintenance finishes smoothly and crude oil stays cheap. For some people, $2 per gallon is possible… so long as there are no unanticipated issues. AAA doesn’t believe the national average is going to rise above $3 a gallon for the […]
Oil futures saw another drop Wednesday on a government report that shows there’s an increase in U.S. oil supplies and a record level of gas production. The U.S. is packed with oil, and record production levels are meeting the increasing imports tide. According to the U.S. Department of Energy, oil stocks saw a 7.26 million […]
Abdullah Badri, head of Organization of the Petroleum Exporting Countries (OPEC), said the group has not set a target oil price and urged Gulf States to continue with their exploration and production investments. Badri said the U.S. would still be relying on the Middle East for its crude oil for the next few years. He […]
Brent crude dropped more than $1 to hit near $78 a barrel after news that the world’s fourth largest crude importer Japan had gone into a recession. It also dropped after on the West’s energy watchdog’s comments that high oil prices were unlikely to return anytime soon. The possibility of global oil demand picking up […]
Despite the fact that North America currently drives the globe’s oil prices, OPEC could be the one that turns things around. Speculation has increased that the Organization of Petroleum Exporting Countries, when it meets on Nov. 27, will reverse the downward trend the market is experiencing and reduce its production of barrels per day. As […]