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Squire provides complete and personalized tax management and planning solutions to meet your needs.

News

Squire provides complete and personalized tax management and planning solutions to meet your needs.

Treasury, Supreme Court review Puerto Rican debt crisis

All of Puerto Rico’s debt, including general obligation bonds, needs restructuring to address the island’s financial crisis, which could be detrimental to the municipal bond market if handled incorrectly, US Treasury Secretary Jack Lew told the House Financial Services Committee. […]

Treasury, Supreme Court review Puerto Rican debt crisis

All of Puerto Rico’s debt, including general obligation bonds, needs restructuring to address the island’s financial crisis, which could be detrimental to the municipal bond market if handled incorrectly, US Treasury Secretary Jack Lew told the House Financial Services Committee. […]

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Fed official: Rate boost may be just around the corner

The US economy could allow for the next interest-rate increase to occur as soon as next month, said Dennis Lockhart, president of the Federal Reserve Bank of Atlanta. The economy is strong enough to “justify a further step at one […]

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Fewer borrowers are falling behind on student loan payments

The 31-day delinquency rate for student loan payments to the government was 19.7% as of Dec. 31, down from the previous year’s 22.2%, the Education Department says. The decline is attributed to more graduates finding jobs and more former students […]

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Hard-hit US regions continue to feel effects of recession, report says

Employment rates in the parts of the US that were hit hardest by the recession may not reach normal levels until the 2020s, as underlying damage to these areas’ economies still exists, according to a working paper by Danny Yagan, […]

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US retail sales figures dim

US retail sales figures for January were revised sharply downward for a 0.4% decline, and February’s sales were also down 0.1%, suggesting a weak spot in the economy. Analysts say Q1 growth may not be as robust as previously expected, […]

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Fed expected to leave interest rates unchanged this week

The Federal Reserve has signaled that it wants more time to analyze economic data before moving interest rates higher. With a rate hike probably off the agenda, economists will watch this week to see how the central bank views the […]

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Economists differ on inflation target

Economists disagree on the merits of a 2% inflation target, with some saying low rates are a natural reaction to global trends and others arguing that raising the target would give central banks more room to maneuver.

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Initial unemployment claims in US lowest in 5 months

First-time jobless claims in the US fell to 259,000 last week, the lowest number since the middle of October, the Labor Department said. The drop, which was bigger than most economists expected, comes after nonfarm payrolls rose by 242,000 in […]

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Report suggests uptick in issuance of bonds, stocks

A report from CUSIP Global Services, which creates codes for new securities, suggests the bond market could be stabilizing. The service registered 617 corporate bonds last month, up 29% from January. Meanwhile, there were 703 registrations for new stock offerings, […]

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