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U.S. stocks are drifting higher Wednesday as Wall Street waits to hear what the Federal Reserve will say in the afternoon about where interest rates may be heading. The S&P 500 was up 0.3% in early trading. The Dow Jones Industrial Average was up 129 points, or 0.3%, as of 9:35 a.m. Eastern time, and the Nasdaq composite was 0.5% higher. The modest moves are a respite following weeks of sharp and scary swings for the U.S. stock market. Uncertainty is high about how much pain President Donald Trump will allow the economy to endure in order to remake the system as...

The real-estate frenzy sparked by the arrival of coronavirus pandemic in 2020 has had lasting effects on Palm Beach real estate. Here are some highlights.Video: Morning traffic enters Palm Beach over Flagler Memorial BridgeVideo: Early morning drivers enter Palm Beach across the Flagler Memorial Bridge February 13, 2025.Five years after the coronavirus pandemic arrived in Palm Beach, its boom-time effects on local real estate continue to resonate.Although the real estate frenzy has cooled a bit over the past two years, home prices in Palm Beach remain higher and the number...

Seattle named 9th most expensive city in U.S.According to a report from Oxford Economics, it takes a household income of $200,000 to afford a new home in Seattle, including property taxes and insurance costs.Fox - SeattleProperty taxes are a thorn in the side of homeowners. While many of us wish we didn't have to pay them, we don't have a choice. Just how much you pay depends on where you live, as taxes fluctuate from state to state and from town to town.In New Jersey, property taxes are significantly higher...

Seattle named 9th most expensive city in U.S.According to a report from Oxford Economics, it takes a household income of $200,000 to afford a new home in Seattle, including property taxes and insurance costs.Fox - SeattleIllinois has the second-highest property tax rate in the country with Connecticut coming in third place.Property taxes are a thorn in the side of homeowners. While many of us wish we didn't have to pay them, we don't have a choice. Just how much you pay depends on where you live, as taxes fluctuate from...

(Bloomberg) -- India’s dollar stockpile had its biggest weekly gain in over three years, bolstered by the Reserve Bank of India’s currency swap operations last month.Foreign exchange reserves grew by $15.3 billion to nearly $654 billion in the week to March 7, data released on Thursday showed. That is the highest weekly gain since Aug. 27, 2021, according to Bloomberg-compiled data.This comes after the central bank injected $10 billion through a foreign-exchange swap auction on Feb. 28, stepping up efforts to ease a cash crunch in the financial system. The...

(Bloomberg) -- India’s dollar stockpile had its biggest weekly gain in over three years, bolstered by the Reserve Bank of India’s currency swap operations last month.Foreign exchange reserves grew by $15.3 billion to nearly $654 billion in the week to March 7, data released on Thursday showed. That is the highest weekly gain since Aug. 27, 2021, according to Bloomberg-compiled data.This comes after the central bank injected $10 billion through a foreign-exchange swap auction on Feb. 28, stepping up efforts to ease a cash crunch in the financial system. The...

It was the worst day yet in a scary stretch where the S&P 500 has swung more than 1%, up or down, seven times in eight days because of Trump’s on -and- off -again tariffs. The worry is that the whipsaw moves will either hurt the economy directly or create enough uncertainty to drive U.S. companies and consumers into an economy-freezing paralysis.Get Starting PointA guide through the most important stories of the morning, delivered Monday through Friday.The economy has already given some signals of weakening, mostly through surveys showing increased...

Spain is considering a major tax policy change that could significantly impact international property buyers. The proposed legislation aims to increase the property purchase tax for non-EU citizens—potentially up to 100% of the property’s value. This means that buying a home in Spain could cost twice as much for non-EU investors in the near future. If you’ve ever thought about owning a home in Spain, now is the time to act before these new regulations take effect.Spain’s Golden Visa Under Threat?For years, Spain’s Golden Visa program has been a gateway...

'Just getting started': Trump speech on DOGE, budget and borderPresident Donald Trump used his remarks before a joint session of Congress to spell out his vision for the next four years.One building in Nebraska is listed among the hundreds of "underutilized" federal properties that could be sold by President Donald Trump’s administration.In a statement released Tuesday, the U.S. General Services Administration announced that it would consider selling more than 440 federal properties, which it calls "non-core assets," saying many are "functionally obsolete and unsuitable for use by our federal workforce."A list of the...

Oshkosh's commercial properties were significantly undervalued, leaving residents with 'an inequitable share' of the 2025 property tax pie.OSHKOSH – Common council is trying to avoid a repeat of the situation that led to this year’s spike in property taxes.Oshkosh is requesting the state legislature allow the city and other municipalities to revert to previous property valuations in cases where revaluations result in huge disparities between commercial and residential property values.City council unanimously passed the resolution during the Feb. 25 common council meeting after the city’s commercial properties were significantly undervalued,...