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- Business Insider
Oil prices surpassed $100, a key threshold closely watched by markets. Persistence is the factor that determines the overall impact on the economy and markets, BofA said. BofA flagged consumer spending and AI capex as things that could be affected by the latest oil shock.
- The New York Times
Once paychecks stop, it can be frightening to shift out of the savings habit. But there are strategies to enjoy your nest egg and make it last.
- Business Insider
The conflict with Iran caused stocks to whipsaw and oil prices to spike. Higher energy prices are a headwind to both markets and the broader economy. Increased energy prices could weigh on equities, fuel inflation, and curtail economic growth.
- Broadridge Content
Taxpayers may now benefit from a new auto loan interest deduction of up to $10,000 for interest paid on qualifying new auto loans.