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  • Asian Stocks Cautiously Optimistic Ahead of U.S. CPI Data

    Asian Stocks Cautiously Optimistic Ahead of U.S. CPI Data0

    Most Asian stock markets rose slightly on Tuesday, with investors turning cautiously optimistic over upcoming data that is expected to show a sustained decline in U.S. inflation. Taiwan’s weighted index added 0.7%, the most among its regional peers, while China’s Shanghai Shenzhen CSI 300 and Hong Kong’s Hang Seng rose 0.5% and 0.3%, respectively, in catch-up

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  • California to Tax Biden’s Student Loan Forgiveness

    California to Tax Biden’s Student Loan Forgiveness0

    What makes California’s decision somewhat surprising is that even though its existing statutes indicate taxability for student loan forgiveness, state consensus previously ran in the opposite direction. Nevertheless, according to the Tax Foundation, it has confirmed that discharged student loan debt will be taxed under current California law. Additionally, existing state provisions exempting student loans

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  • What to Expect in the Markets Next Week

    What to Expect in the Markets Next Week0

    U.S. equity markets rose for a third straight day on Friday, snapping a three-week losing streak for the major averages. It was a broad-based advance, with all but six of the Dow’s constituents posting gains. For the week, the Dow closed 2.7% higher, the S&P 500 added 3.7%, while the Nasdaq gained over 4%. Treasury

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