Caregivers spend a whopping $7,200 out of pocket. New bill would provide tax relief.
A new bill introduced in Congress could offer financial relief to the more than 48 million American caregivers helping their…
9.1.25
Chris Fasciano
Despite volatility early on, the S&P 500, Dow, and Nasdaq were up low- to mid-single digits for August. These results brought markets to record highs and indicated continued investor demand for U.S. stocks. International stocks also ended the month in positive territory, as risk assets rallied. Even bonds were up, as falling interest rates supported bond prices.
On the economic side, the July jobs report revealed hiring slowed notably during the summer. Further, the job estimates from May and June were revised down sharply. Will potential stress for the labor market foreshadow a shift in consumer spending? Stay tuned to find out.
