Bitcoin’s Rise Amidst a Weakening Dollar Bitcoin is showing robust performance, currently holding at $117,761—a notable 8% increase this week. Meanwhile, the US dollar seems to be losing ground. The WSJ Dollar Index recently closed at 94.73, just above its recent lows and down 10.4% from its 2022 high. This weakening of the dollar isBitcoin Rises 8% as Dollar Weakness Boosts Interest in Cryptocurrencies
markdown Market Wobble as Tariff Turmoil Continues The markets once again braced themselves as former President Trump announced tariffs. His threats to impose a 35% tariff on Canadian goods caused a ripple across the stock markets. It’s a story that seems to never end, isn’t it? US Markets Respond The S&P 500 and Nasdaq CompositeDow Drops 250 Points; S&P 500 and Nasdaq Pull Back Amid Rising Tariff Tensions
A Significant Stroke of the Pen With the stroke of a pen, President Trump has substantially revised the tax code. However, the alterations don’t quite align with promises made during his campaign. Social Security and New Deductions Initially, there was talk of eliminating taxes on Social Security. Instead, seniors will receive a $6,000 tax deduction.What Impact Will the Big New Bill Have on Your Tax Return?
