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Where did the money go? Map shows movement of US wealth after pandemic: One country gained $20B

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Where did the money go? Map shows movement of US wealth after pandemic: One country gained $20B

Florida received more wealth from startups than any other state in 2023, according to newly released data from the Internal Revenue Service. In 2023, Florida received $20.65 billion in annual income from tax filers who moved there from another state within the US, according to a Realtor.com® analysis of IRS relocation data. Other states that … Read more

The odds of a recession are rising on Wall Street as the economy shows lower margins

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Markets are facing oil shocks, rising yields and recessionary concerns

Federal Reserve Chairman Jerome Powell last week pushed back when asked if the recession poses a threat to the US economy. His successor may face a tough challenge, as Wall Street analysts raise their expectations of a recession, brought on in part by the Iran war and the possibility of higher prices. In recent days, … Read more