Economy

Imagine you invested $100,000 in 2000. Today that amount has grown to $400,000. Under the current rules, the capital gain would be $300,000, and you’d pay 20 percent on that (if you were a high […]

Consumer sentiment in the U.S. was opposite of expectations in the final reading of August, rising slightly rather than further weakening as economists predicted. The University of Michigan’s monthly survey of consumers hit 96.2 in […]

U.S. economic growth was a bit stronger than initially thought in the second quarter, notching its best performance in nearly four years, as businesses boosted spending on software and imports declined. Gross domestic product increased […]