US stocks werte low this week in thin trading as investors worried over a small but unexpected rise in inflation, higher oil prices and troubles for mortgage lenders. A rally in chipmakers propelled the tech-led Nasdaq Composite to a six-year high, but the fragile market mood was undermined by downbeat news, including a court decision that was made against Microsoft.
If there is one thing that everyone in this country agrees on then it would be how much the U.S. and its officials have accrued in debt. They all agree that the rising national debt is a problem. Because of this widespread agreement you’re going to be hearing more about it from both Republicans and Democrats in Washington, who last week began the annual circus act known as “the budget process.”
The government is getting ready to help consumers save, for retirement, for an emergency fund and for other goals that they may have, during the tax season. Tax season is the best time to think about jump-starting a savings program, because so many taxpayers are able to get refunds. According to the Internal Revenue Service (IRS) figures, about three-quarters of federal income tax filers claim refunds, and those refunds last year averaged more than $2,260.