The U.S. dollar's pullback in recent days is prompting speculation about whether the currency may soon plateau. Still, few are ready to say the dollar's record-smashing rise is over.
The energy sector is one of the rare bright spots in the world's equity markets; an index of energy companies in the S&P 500 has rallied more than 40% so far this year.
In his Tax Tips column, Sidney Kess takes a comprehensive look at the Inflation Reduction Act of 2022—a "massive measure" intended to reduce inflation and lower the deficit.
Recent events suggest that the SEC and CFTC are waging an intense battle for regulatory supremacy. It is not yet clear which agency will prevail, or whether they will find a third, cooperative path.
Although the deal has potential to ease trade tensions, a failure to effectively implement it might actually lead to further damage to the U.S.-China relationship.
