Wall Street enjoyed a solid month in August, despite periodic volatility. Stocks overcame inflation concerns, a receding labor market, rising Treasury yields, monetary policy uncertainty, and ongoing geopolitical tensions in the Middle East to post end-of-the-month gains.

In an unusual mid-year action, the Internal Revenue Service has announced an increase in the optional standard mileage rates for computing the deductible costs of operating an automobile for business, medical, and moving expense purposes for the second half of 2026.

On July 24, 2026, the United States imposed a fresh round of tariffs on goods from 60 trading partners, citing Section 301 of the Trade Act of 1974.

America has accomplished incredible things throughout its 250-year history, but debt is also part of its story. Today, the United States has the highest national government debt in the world.

The year 2025 was extraordinary for the economy and the markets. Each of the major stock market indexes listed here posted solid year-end gains.

Following the reopening of the federal government, the primary focus in December will center on the state of the economy and the policy of the Federal Reserve relative to interest rates.

The One Big Beautiful Bill Act included three new tax provisions pertaining to charitable deductions that will take effect for tax year 2026.

In September, the IRS issued final regulations related to mandatory Roth catch-ups. Beginning in 2026, those with FICA wages exceeding $145,000 will be required to make catch-up contributions on a Roth, rather than a pre-tax, basis. We've created a client alert to help explain what this may mean for high earners participating in 401(k), 403(b), and 457(b) plans.

The third quarter of 2025 may best be characterized by continued strength in the equity market, moderating but resilient economic activity, and a shift in the Federal Reserve policy toward interest rate cuts.

It's impossible to predict how long the current shutdown might last, but it may be helpful to know more about why it happened and what you can expect if it continues.

The One Big Beautiful Bill Act (OBBBA), signed into law on July 4, 2025, includes several provisions that affect business owners. Here are five specific changes to pay close attention to.

One Big Beautiful Bill Act (OBBBA) on July 4, 2025. The legislation includes multiple tax provisions that will guide individuals, business owners, and investors in planning their finances for many years to come.

Throughout the second quarter of 2025, global trade tensions caused by reciprocal tariffs and increasing unrest in the Middle East impacted the markets on a daily basis.

H.R. 1, the One Big Beautiful Bill Act, narrowly passed the House of Representatives on May 22, 2025. The legislation is now being deliberated in the Senate, after the Senate Committee on Finance released its own version of proposed tax provisions on June 16, 2025.

At the age of 94, Warren Buffett recently announced his retirement as CEO of Berkshire Hathaway, the massive holding company he has controlled since 1965.

May proved to be one of the best months for stocks in quite some time.

There is an adage that the market doesn't like surprises, and part of the market reaction was due to the unusual approach.

This graphic compares S&P 500 sector returns in 2024, along with each sector's weight in the index.

The Markets (as of market close October 31, 2024)

Section 109 of the SECURE Act 2.0 introduces significant enhancements.